Eight Advisory supported BSI Business Systems Integration AG on the acquisition of riskine GmbH

BSI Business Systems Integration AG, a software company founded in 1996 in Switzerland, offers a platform to its 230 corporate customers that digitalises customer relationships. By using artificial intelligence, BSI has become a market leader for CRM software and offers their experience to different industries like banking, insurance, retail and more.

Riskine, an Austrian fintech founded in 2016, uses current AI and graph-based technologies to offer digital advisory and sales services to Businesses. Their software and experience are being used by over 50 insurance companies and financial distributors. Riskine implements risk preferences of end customers in their solution and thus creates customer centricity in financial advice.

The acquisition will broaden the market presence of BSI and further internationalise their brand through risikne’s presence in 12 markets. In addition, the fintech advisory suite by riskine will add optimised transparency for end customers and meet requirements in a more holistically.

The Eight Advisory financial due diligence team consisted of:

• Murat Deniz, Partner
• Pal Blasko, Senior Manager
• Leopold Gazic, Senior
• Gezim Gurgurovci, Analyst

The Eight Advisory tax due diligence team consisted of:

• Matthias Hogh, Partner
• Ralph Hack, Director
• Robert Schmidt, Senior Manager