Elinvar strengthens its management team

Berlin – 15.04.2020 Elinvar, Platform as a Service for business models in asset and wealth management, expands its management team.

• The expanded management team is composed of six members: Chris Bartz, CEO & Co-Founder, and Sebastian Böttner, CTO & Co-Founder, plus newly promoted: Laura Deneke, SVP Business Development, Stefan Füger, SVP Partner Relationships, Istvan Kroh, SVP Software Development and Paul Thomas Walsh, COO

• Sebastian Böttner, CTO & Co-Founder, joins Chris Bartz as a managing director of the BaFin-regulated financial services institution.

With these adaptations in management Elinvar is equipped for the next stage of the corporate development. The company is approaching 100 employees with offices in Berlin and Magdeburg. The four new members of the management team have already previously held management positions at Elinvar and will strengthen the existing management team of the three co-founders with added international, technological and financial expertise. 

“The realignment of our management team is an enrichment for Elinvar in strategic and operative terms. We are united in common values and in a shared vision for Elinvar. Professionally we complement each other incredibly well and cover all important core competencies as a team. The best solutions arise through partnership – this applies also for ourselves and we are looking forward to the joint successes with the entire Elinvar team“, says Chris Bartz, CEO & Co-Founder of Elinvar.  

Laura Deneke is Senior Vice President Business Development at Elinvar and is responsible for the successful setup and implementation of strategic partnerships, which include private banks, asset managers and third-party providers. She combines technology expertise with more than ten years of capital market and asset management experience. She has worked in Frankfurt, Zurich and London, most recently at PIMCO. Laura holds an MBA from the London Business School, is a certified Financial Risk Manager and CFA charterholder. 

Stefan Füger is Senior Vice President Partner Relationships at Elinvar and is responsible for establishing and maintaining partner relationships with private banks, asset managers and other partners. He has nearly 20 years of experience in the banking, investment and asset management sector, including twelve years with Goldman Sachs, most recently as Executive Director. Stefan holds Diplomas in Economics and Business Administration from the University of Heidelberg and the Duale Hochschule Karlsruhe. 

Istvan Kroh is Senior Vice President Software Development at Elinvar and is, in addition to technological decision making, responsible for the coordination and scaling of Elinvar's development teams. He has over 20 years of experience in the software industry, including eight years at Morgan Stanley, most recently as an Executive Director. Istvan has managed development initiatives of teams of over 80 developers and ran multi-million dollar technology renovation projects of millions in value. He has worked in various cities including Budapest, Innsbruck, Berlin and New York. Istvan’s education ranges from a university degree in Computer Science to a MSc in Economics. 

Paul Thomas Walsh is COO at Elinvar and in this function responsible for day-to-day operations and risk management. Before joining Elinvar he spent over twelve years at Morgan Stanley based in London, Hong Kong and New York. His initial focus was Operations, before moving into Fixed Income Sales and Trading, where he focused on regulatory change, Operational Risk and ultimately on electronic trading as Head of Fixed Income Electronic Trading Risk Management for the Americas. Prior to this he was in the Financial Service practice at Accenture. He holds an MA from the University of Birmingham in International Political Economy. 

Both Co-Founders Chris Bartz and Sebastian Böttner are managing directors of the BaFin-regulated financial services institution. 

Chris Bartz is CEO & Co-Founder of Elinvar. Chris is responsible for the strategic development of Elinvar. He is driven by the goal to build sustainable partnerships with impact. As Chairman of the Working Group FinTechs & Digital Banking at Bitkom as well as the Chairman of the FinTechRat at the Federal Ministry of Finance, Chris advocates a strong ecosystem for fintech and digital banking as well as the benefits of digitalization. 

Sebastian Böttner is CTO & Co-Founder of Elinvar. He established himself as a leading tech-expert developing and managing pricing, market-making and trading platforms with a focus on regulated platform services. Before co-founding Elinvar in 2016, he worked for more than ten years at UBS, J.P. Morgan, as well as FinTech and AdTech companies in Germany and the UK. At Elinvar, Sebastian is in charge of maximizing the performance and scalability of the platform while ensuring the highest quality and security standards.


Co-Founder Dr. Marco Neuhaus, who has formerly held the post of COO for Elinvar, resigned from his position as managing director for private reasons. When exactly and in what position he will return to Elinvar, he and the other shareholders will decide in due course. 

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About Elinvar

Elinvar bietet eine WealthTech Platform as a Service für Geschäftsmodelle im Bereich der Vermögensanlage. Die multimandantenfähige Plattform bietet Service-Pakete für Kernprozesse wie Kundenmanagement, Online-Abschlussstrecke, Unterstützung in der persönlichen Beratung, Portfoliomanagement, Reporting, Rechnungsstellung, online Kundenzugang und Kommunikation sowie den Anschluss von Drittdienstleistern, bspw. depotführende Banken, Marktdaten- oder KYC-Anbieter. Elinvars Partner profitieren von der Kombination führender Technologien und dem optimalen regulatorischen Setup, das Elinvar durch die entsprechenden BaFin-Lizenzen bietet. Mit diesem vollumfänglichen Ansatz bietet Elinvar seinen Partnern die einzigartige Möglichkeit, effizient neue Geschäftsmodelle umzusetzen, neue Wertschöpfungsketten zu erschließen und ihre Kosten zu optimieren. Indem alle Partner im Ökosystem ihre Kernkompetenzen kombinieren, generieren sie gemeinsam den maximalen Kundennutzen. Die besten Lösungen entstehen in Partnerschaft.

Elinvar is a WealthTech Platform as a Service, enabling asset & wealth managers to digitalize their business models. The multi-tenant platform offers service packages for core processes like client relationship management, online acquisition & coverage, onsite advisory support, portfolio management, reporting, invoicing, online client access and communication as well as third party connections, e.g. to custodian banks, market data or KYC providers. Elinvar’s partners profit from the combination of leading technology and the optimal regulatory setup as Elinvar holds all necessary BaFin licenses. With this comprehensive approach, Elinvar creates the unique opportunity for its partners to execute new business models, to access new value chains and to optimize their costs. As all partners in the ecosystem combine their core competencies, together they generate maximum customer value. The best solutions arise through partnership.