Christie’s acquires Collectrium
Christie’s International has acquired Collectrium, the global digital art collection management solution. Stephen Brooks, global chief operating officer at Christie’s, said the move reflects Christie’s view that Collectrium offers the best solution of its kind.
“With this acquisition, we can help position the company for continued innovation and growth, and support Collectrium’s mission of becoming the ubiquitous collection management solution for today’s collectors,” he said. “As the leading global art business, Christie’s is committed to enhancing the digital market for art, which will continue to be a significant growth area for the industry in the near term.”
Founded in 2009, the subscription-based service offers collectors a highly secure, cloud-based solution for accessing and managing their art collections from anywhere and on any digital device. Over 25,000 art collectors currently use Collectrium to discover, track, and manage art.
Founded in 2009 by digital entrepreneur Boris Pevzner, Collectrium will remain independently operated under its existing management and team, with no change to its strict security and privacy protocols. Collectrium joins Christie’s holdings of diversified subsidiary companies, furthering the auction house’s ongoing strategy to offer additional services to its clients, including education, real estate, fine art storage, travel services, and now collection management.
“Collectrium allows art collectors and enthusiasts to seamlessly view, manage, value, track, move and interact with their art collections, privately and securely, across all digital devices. It is the leading product of its kind,” said Ken Citron, chief information officer at Christie’s.
“Today’s art ecosystem can be complex and Christie’s wants to support solutions that help collectors navigate this unique environment. We found no other technology solution that can offer the art collecting community this kind of instant utility and in such a secure, creative way”.
Conceived and designed by Pevzner with the unique needs of today’s art collectors in mind, Collectrium provides support for all aspects of the art collection life cycle, enabling users to digitize and organize their art collection, browse and discover art, and keep track of art market data around their collection. All confidential data is protected with bank-level security, backup, and encryption standards. Built on a scalable platform, the system is designed to handle complex and growing collections of art and other collectibles, and features a full reporting suite, visual dashboards, unlimited mobile access, constant data backups and support for multiples languages and currencies.
“We are very pleased to be joining the Christie’s family of art-related offerings. Art collectors are increasingly global and tech-savvy and require access to more information, better tools and the strictest privacy when it comes to interacting with their collections,” said Boris Pevzner, founder and CEO of Collectrium. “Collectrium is the first secure cloud-based platform that integrates these services into one elegantly designed offering and allows collectors to engage with the art world through the prism of their own collections.”