DWS Partners with BlackFin to Unlock the Full Potential of Digital Investment Platform IKS
6 October 2021
DWS Group (DWS) and BlackFin Capital Partners (BlackFin) have agreed on a long-term strategic partnership to jointly evolve the digital investment platform into a platform eco system that provides comprehensive digital investment solutions and services to distribution partners, institutional investors and retail clients. The aim is to adapt the digital investment platform even better to the opportunities offered by the platform market, which in future will undergo a rapid pace of change as a result of new technologies. In addition, both partners have agreed to transfer the digital investment platform into a joint venture with DWS maintaining a stake of 30 percent.
“Our aspiration is to deliver a best-in-class client experience and service. Digital capabilities and solutions are key for this – therefore we firmly believe in the great growth potential of the platform business. With BlackFin, we have found the right partner to help us unlocking the full potential of our digital investment platform IKS. Our joint mission is to create a true pan-European player and we look forward to working with our new partners and making IKS a strong sales channel for DWS in the long term,” said Dirk Goergen, member of the Executive Board of DWS Group and, as Head of Client Coverage Division, responsible for sales management and the global sales strategy.
Source: DWS
