Cooperations

The choice of our outsourcing partners has been a process of careful deliberation. It is not just their unique position in each one's respective area of expertise, but also their strong commitment to support the development of the new company. This commitment has made it possible for Assenagon to becoming fully operational after only five months. Thus, our partners have demonstrated their trust in the potential of the company by sharing our vision. The field of derivatives requires highly specialised skills and a longstanding experience. Our cooperation partners have been involved in the derivatives industry for many years and have an excellent track record. The management of Assenagon has executed several projects together with these valued partners in the past.

	Baader Bank Baader is our German payment and clearing agent and serves as an independent and neutral trading counterpart. Baader is the leading security dealing house in Germany with a focus on brokerage for more than 200,000 securities at all important German stock exchanges as well as capital market services for domestic and international institutional clients.

	Brown Brothers Harriman Custody, clearing, administration, accounting und transfer agency are the core functions of a custodian bank. BBH has developed the ability to perform those tasks in relation to the derivatives business and is today a leader in this segment in Luxembourg's banking centre. The flexibility regarding the underlying assets and the structured payoffs thereon were the decisive factors in Assenagon's choice of BBH as its custodian.

	DEVnet The substantial demands on IT performance can only be met by a partner who, as a specialist, has already implemented a number of projects, above all, but not solely, in the financial sector. DEVnet is one of the few addresses with 25 years experience in software design, combining large-scale applications with expert knowledge of financial algorithms and procedural excellence. The partnership with DEVnet is an important strategic advantage for Assenagon.

	Fraunhofer Institut für Techno- und Wirtschaftsmathematik Evaluation of derivative components in our funds requires the development of complex algorithms with the help of financial mathematics, based on stochastic analysis, numerics and statistics. The Financial Mathematics Department of the Institut für Techno- und Wirtschaftsmathematik (Technical and Business Mathematics) of the Fraunhofer-Gesellschaft in Kaiserslautern has many years of experience in this field. It covers many areas of modern financial & insurance mathematics.

	Isarvest Isarvest GmbH is a service provider specialised in the segment of independent financial services companies like asset managers, investment and insurance agents as well as of warranty umbrella providers. Jointly with Isarvest we implement interesting investment concepts for asset managers, provide white label solutions and offer the conception of own funds using derivative structures.

	KPMG Regulatory, accounting and taxation aspects are decisive in the development of structured solutions. As our auditors, their global presence, the decades of experience and their well-founded knowledge of derivative instruments und financial markets make KPMG the ideal partner.

	Sophis Performance, flexibility and scalability of the systems are crucial for the position and risk management of the fund. Sophis' product "Value", conceived for asset management, was a development based on many years of experience with systems for investment banks' risk management of derivative positions.

Cooperations

Baader Bank

Brown Brothers Harriman

DEVnet

Fraunhofer Institut für Techno- und Wirtschaftsmathematik

Isarvest

KPMG

Sophis