AssetMetrix was founded in Munich nearly a decade ago as a spin-off from the European fund-of-funds manager von Braun & Schreiber Private Equity Partners with the aim to provide best in class middle- and back office solutions.
“We come from the world of private equity, so it’s in our DNA. We speak the same language as our clients, understand their challenges and are best positioned to solve these.”
Since then, the company has grown steadily and now offers a range of modular services including reporting, web portals, portfolio analytics, document management, data capture, fund administration, and the newest one: Environmental, Social, and Governance (ESG) solutions. They also offer advanced visualization tools for all of their modules, which allows clients to easily interact with data.
One of the reasons AssetMetrix has opened an office in Luxembourg is to look after the company’s French-speaking prospects and clients, as well as those in France and Belgium. But also, because Luxembourg is a key market for service providers, setting up here allows them to be closer to build prospective partnerships. Mr Wedlich and his team members are excited to be in the Grand Duchy and to showcase to the local market the value of their services.
“We are a service provider specialised in process optimisation that helps to increase operational efficiency, gain flexibility and achieve scalability. What we offer is standardisation, digitalisation, and automation that can modernise middle- and back-office processes which are often still carried out manually with the use of spreadsheets.”
The company’s labours are bearing fruit, not only in terms of their growth, but also in terms of new alliances and recognition. BNP and AssetMetrix have formed a strategic partnership in 2019, and the banking group has also become an investor. Recently, AssetMetrix was accepted as a member of the Association of the Luxembourg Fund Industry (ALFI) and of the Luxembourg Private Equity and Venture Capital Association (LPEA). It was also this year’s winner of the “Best ESG Solution Provider” award from Private Equity Wire.
“We aim to not only become part of the private equity and real estate ecosystem, but to actively contribute to it and make it more efficient.”
If you would like more information about AssetMetrix or its services, get in touch with their Luxembourg team.