The company was founded in 2000 as a spin-off of an asset manager. With the goal to connect automated interfaces to as many custodians as possible, SOBACO Betax has achieved to provide a transparent, web based and cost-efficient system that grants its users automated and consolidated views on their investments at any time. So far, over 60 banks and custodians have been connected and reliably process data on a daily bases. The total managed assets amount to almost 7 bio. € in approximately 1 mio. portfolios. Each month 1,5 – 2 mio. transactions are being processed and booked. Prior to the import each transaction is checked for consistency and correctness and details are beeing added where necessary. The brand new online portfolio management tool “MyWebDepot ™” can not only be securely accessed through standard workstations but also through any mobile device. As of today more than 5’000 professionals and over 50’000 private users trust in “MyWebDepot ™”. The software can either be integrated in an existing infrastructure or run as a stand alone system. Our business is profitable and strongly growing. Also we benefit from our independence towards the product-offering companies.
Name CEO: Jörg Richard
Founded in: 2000
Category: Innovative Banking Software
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