Capsensixx AG: capsensixx subsidiary Oaklet has substantially expanded its service platform with its 'Third Party' business in the Corporate Services segment

DGAP-News: capsensixx AG / Key word(s): Expansion capsensixx AG: capsensixx subsidiary Oaklet has substantially expanded its service platform with its 'Third Party' business in the Corporate Services segment 17.10.2018 / 08:06 The issuer is solely responsible for the content of this announcement. capsensixx subsidiary Oaklet has substantially expanded its service platform with its "Third Party" business in the Corporate Services segment   - Corporate Services supplement one-stop-solution offering - First customers already acquired - Number of Corporate Services customers expected to reach double digits by 2020 - Platform expansion to drive value for Oaklet's market success Frankfurt, 17 October 2018 - Oaklet GmbH, a subsidiary of capsensixx AG (ISIN DE000A2G9M17), is further expanding its offering in the securitization sector by expanding into corporate services. In future, an end-to-end range of services, including for external customers, will primarily be offered in Luxembourg. To date the company has only operated as a corporate servicer for existing clients in its securitization business. Oaklet can now offer a one-stop-shop solution by also offering additional extensive legal and organisational services, including in "Third Party" business. The first well-known customers have already elected to use Oaklet as a corporate servicer. Oaklet believes that it will acquire a significantly double-digit number of clients in this area by 2020. Sven Ulbrich, the CEO of Oaklet's parent company capsensixx and Managing Director of Oaklet GmbH: "Adding corporate services for external customers is a key strategic step for our positioning on the market and growing our company's value. Offering our customers end-to-end structuring, back-office and compliance services over and above our highly successful securitization offering means, that we can make it possible for them to slim down their staff and organisational structures by using an integrated one-stop-solution from Oaklet." The range of services includes, for example, the formation and domiciliation of special purpose entities, taking over management mandates, performing financial accounting and preparing tax documents, preparing and publishing annual financial statements and correspondence with supervisory and tax authorities and also with auditors. In addition, if requested by the customer, for example voting rights can also be exercised. Outsourcing work-intensive activities allows customers not only to focus on their operating core business. Oaklet's interdisciplinary approach also means that customers benefit from increased efficiency due to outsourcing, but also functional knowledge and process expertise and it also offers starting points for additional legal, fiscal and regulatory adjustments to corporate structures. Sven Ulbrich also noted: "The enquiries we regularly receive from auditors and attorneys show us that our expanded offering will meet with high demand on the market. At the same time, the strong growth in the Private Equity, Real Estate and Alternative Investments asset classes will result in higher demand for corresponding corporate structures and services. That is why I am very confident that Oaklet will also have a substantially double-digit number of customers in this area by the end of 2020." About capsensixx: capsensixx manages, structures and executes financial products in various asset classes and product workflows in the financial sector for its customers (Financial Administration as a Service). The business model, which focuses on funds and alternative assets, is characterised by a high proportion of recurring income and profitable growth. The subsidiaries Axxion (capital management) and Oaklet (specialist for securitization and other financial services) have a very strong position on the German-speaking market in these two areas. The technology start-up coraixx is involved in digitalising financial receipts using artificial intelligence, thus expanding capsensixx' value chain and developing new areas of business and customer groups with high growth potential. You can find more information at www.capsensixx.de. Media Relations: edicto GmbH Axel Mühlhaus/ Dr. Sönke Knop Phone: [phone] E-mail: [e-mail] 17.10.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language:	English
Company:	capsensixx AG
	Bettinastraße 57-59
	60325 Frankfurt
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.capsensixx.de
ISIN:	DE000A2G9M17
WKN:	A2G9M1
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange

End of News	DGAP News Service

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