A time for change in the oraise Group

After more than 22 years as the managing director and founder of the oraise Group, the leadership role passes on from Markus Hengstenberg to Manuel Räber.

BREMEN/SCHINDELLEGI – 22/09/2016 The IT Service Provider based in Germany and Switzerland changes its shareholder structure. After the premature and unexpected passing of one of the two shareholders in the spring of this year, the current managing partner and founder of oraise – Markus Hengstenberg – decided to change the succession of the oraise Group, specialised on clients in the financial markets.

Manuel Räber, managing director of all Swiss subsidiaries, will take ownership of all shares of the current shareholders of the oraise Group. Manuel Räber has more than 20 years of experience in the field of IT Services and has already successfully fulfilled various leadership roles in the business, for example with Thomson Reuters, Hewlett Packard and Avaloq. He founded the oraise Schweiz AG in 2009 as the managing director and has been leading Sales & Marketing in the oraise Group since 2011.

The current managing director Markus Hengstenberg, remains in an advisory role with oraise.

„We were able to find a worthy, successful and very experienced successor. With his many years as a managing director within oraise, his key role in the strategic and successful realignment and internationalisation of oraise. This solution will ensure the continuity and sustainability of the oraise Group, for employees, clients and our partners.” – managing director Markus Hengstenberg

Wechsel bei der oraise Gruppe: Markus Hengstenberg (links) übergibt an Manuel Räber

Change at oraïse group: Markus Hengstenberg (left) hands over to Manuel Räber

oraïse GmbH – About us:

oraïse is an independent IT Business Partner in the financial industry with approximately 100 employees and 10 locations in Europe, concentrating on service provision in the areas of financial information and stock exchange connectivity. Oraïse provides products, services and consulting for the integration and operation of market and transaction data. Customers include banks, stock exchanges, market data and financial service providers as well as the trading and treasury departments of large industrial and insurance companies. Oraïse is a successful owner-managed company for more than 20 years. Oraïse products and services generate added value for customers, reducing the costs of infrastructure and enhancing the efficiency of operations. For more information, see: www.oraise.com.

Press contact:
oraise GmbH
Dr. Frank Heuschen
Walther-von-Cronberg-Platz 6
D- 60594 Frankfurt am Main
Phone.: +49 69 981 955-361
Mail: frank.heuschen@oraise.com

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