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Crealogix

Crealogix

Crealogix Group is a Swiss software company headquartered in Zurich, Switzerland, which develops and implements Financial Technology (FinTech) solutions for banks.

Established in 1996, the Group has over 500 employees worldwide and offices in Switzerland (Zurich, Berne, Bubikon), Germany (Stuttgart, Puchheim, Jever, Coburg), United Kingdom (London, Winchester), Singapore and Barcelona. The shares of Crealogix Holding AG (CLXN) are traded on the SIX Swiss Exchange.

History

The company was founded in 1996 in Switzerland by Bruno Richle (Executive Chairman), Dr. Richard Dratva (Chief Strategy Officer, Vice Chairman), Peter Süsstrunk (Senior Management) and Daniel Hiltebrand. The IPO followed in 2000.

Crealogix changed from an initial service provider to a software product manufacturer in the fields of online and mobile banking & payments, as well as digital learning and education.

In 2011 Crealogix acquired the e-banking business unit of abaXX from Cordys Deutschland AG. In 2012, the entire AdviceManager product business was acquired from the German company C1 FinCon. In 2014, the company established new locations in London, Vienna and Singapore. In January 2015, it acquired the company MBA Systems in UK.

Thomas Avedik, the former head of the Swiss Digital Banking business unit, was appointed CEO of the Crealogix Group January 1 2016. In January 2018, the Group acquired 100 percent of the shares of Innofis, a Barcelona-based digital banking provider. A short time later, it took over ELAXY Business Solution & Services from the German IT service provider Fiducia & GAD IT AG. With the takeover, Crealogix exercised an option that was already agreed within the framework of the initial investment in 2015. The investments in ELAXY Financial Software & Solutions remain unchanged; Crealogix holds 80% and Fiducia and GAD continues to hold 20%.

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