eNewslettersΤα τριμηνιαία νέα της Profile Software, στα Αγγλικά, με αναφορά σε νέα προιόντα, έργα, υλοποιήσεις, εκδηλώσεις, συνεργασίες και διακρίσεις.
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Cooperative Bank of Epirus goes live with RiskAvert
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The Cooperative Bank of Epirus implemented successfully RiskAvert, for the efficient risk management and full coverage of capital requirements’ calculations...
Profile Centevo upgrades its Asset & Fund Management platform
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Incorporating advanced functionality and substantial flexibility to meet the Asset and Fund Management evolving market needs...
Web portal teka.gov.gr and online app myTEKA launched
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The web portal teka.gov.gr and the online app myTEKA, designed for the new Hellenic Auxiliary Pensions Defined Contributions Fund, has launched, offering instant digital information to...
Strong social contribution and high sense of collective responsibility
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Staying true to our Corporate Social Responsibility to promote mutual acceptance and harmonious coexistence, every year Profile Software supports in practice various NPOs...
UBCI and Central Bank of Egypt select Profile Software’s Treasury Management solution
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Two large banking institutions, CBE - Central Bank of Egypt and UBCI - Union Bancaire pour le Commerce et I’Industrie in Tunisia, have selected Acumen.plus to digitize and automate their Treasury operations, growing Profile’s footprint in the region.
Forte Fondsforvaltning AS enhances its Fund Management with the Centevo Suite
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Forte Fondsforvaltning the independent fund management company based in Norway has selected the Centevo Suite to automate and streamline its Mutual Fund Management operations.
Axia Suite fully supports Mutual Fund and Asset Management Firms
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Axia Suite has been significantly upgraded to accommodate the specific requirements of Mutual Fund and Asset Management firms globally. In more detail, the omnichannel Investment Management platform...
White Paper| Digital Banking; Why is it becoming so important to financial organisations?
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As Digital Transformation has become imperative for traditional banks and financial institutions, over the last few years, incumbent banks, and traditional banking institutions, being and operating as highly physical...
Overview of H1 2022 - Strong financial position at home and abroad
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Despite the general geopolitical economic environment, the Group has continued its rapid growth, at home and abroad, presenting new technology solutions and significant upgrades of the existing ones, leading to...
Digital banking evolution by Chris Skinner
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As many traditional banks were born in the last decade, competing with truly cloud-native organisations like challenger and neobanks led them to restructure themselves under a unified digital strategy...
RiskAvert: New capabilities for NPE and IRRBB
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RiskAvert the comprehensive risk management platform for capital adequacy, was enhanced to incorporate the NPE Prudential Backstop module that enables Financial Institutions to meet regulatory requirements for the calculation and reporting of minimum losses for NPEs.
What are the main concerns of Treasurers today?
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Changes in regulation deriving from socioeconomical factors have greatly affected Treasury departments and their operations. From remote access and automation to Libor transition, technology became...
Booming Financial Results
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With a turnover increase by 34%, as a result of the Group's new projects as well as the clients’ loyalty in the company’s solutions, recurring sales reached 70% of total revenue, which provides assurance in meeting this year’s targets and...
Explore Finuevo Suite
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Finuevo Suite is a cloud-native, smart banking platform that provides composable banking capabilities, with pre-packaged configurations that guarantee smooth expandability and quick time-to-market...
Core Banking reinvented
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Finuevo Core is the platform of the new era. It is the evolution of the internationally implemented core banking platform FMS. next which has been holistically redesigned and...
Finuevo Suite | Advanced front-to-back banking
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Finuevo Suite is the digital transformation in banking by integrating robust and comprehensive Core Banking, Lending and Payments functionality, with modern, and frictionless Digital Banking channels!
Finuevo Core | One-stop-shop core banking
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Finuevo Core delivers an advanced native web, state-of-the-art, cross-device and OS functionality through a responsive layout, and offers a uniform look and feel across all devices. Through straightforward and intuitive navigation within a modern interface, users have instant access to information and actions.
Finuevo Digital | Digital banking in-a-box
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A mobile-first, cloud-native, Digital Banking in-a-box platform, that empowers banks and financial institutions of any size to achieve digital modernisation end-to-end.
Using the latest technologies and best practices, the solution is designed to offer unparalleled personalised experiences to end customers and enhance engagement across services, regardless of the back-end systems.
Axia Suite for Mutual Funds Management companies
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Axia Suite Was enhanced to comprehensively support all aspects of asset and fund management on a single platform for Mutual Funds Management Companies. Specifically, Axia Suite, the all-rounded cloud-enabled and omni-channel investment platform has significantly enhanced its combined asset and fund management solutions with front-to-back office functionalities that fully cover the needs of investment firms that manage and administer their own mutual funds.
Acumen.plus | Treasury and more
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Interesting topics for treasury, Profile’s leading platform delivering automation, STP and front-to-back-to-risk functionality. Also, new product functionality is available for corporates including family offices and shipping firms. In this issue read how MuniFin, in Finland, benefits from our treasury system and using it for more than 30 years, whilst joining our webinar to learn how companies in the Nordic and beyond benefit from the use of the system.
Events back in action
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Profile being at the forefront of technological events, actively supports prestigious Industry events, both globally and domestically, to promote digital transformation and innovation in the financial industry.
HR | successful performance
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Investing in talent and maintaining a working environment to develop for all our colleagues is an important pilar to the Profile’s culture. Keeping Starforce happy by promoting after-work activities along with successful HR initiatives have led to significant performance increases in terms of productivity, talent acquisition, and development.
Fintech, Cirdan selects Axia
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Cirdan Capital, a financial technology company in the UK founded in 2014 specialising in the issuance of structured investment products, selected Axia to complete the proprietary technology of its platform.
Finuevo Suite | The new Banking experience
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Finuevo is the new Banking Suite incorporating Digital Banking with advanced Core Banking, Lending and Payments solutions!! A native cloud platform, supporting Open Banking, covering complete front-to-back operations and paired with state-of-the-art tools for performing exceptional day-to-day banking operations.
Epirus Bank selected RiskAvert
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Epirus Bank in Greece selected RiskAvert, to better comply with the European Regulatory Framework for capital adequacy (CRR 2/3 - CRD V / VI) in the areas of Credit and Operational Risk, Liquidity Risk and Large Exposures.
Public Administration gets digitised
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Excited to successfully launch the Electronic Board “Court cases online progress module – Pilot for the Athens Court of First Instance” under the link dikes.moj.gov.gr, a large-scale Project for the Ministries of Justice and Digital Governance.
Acumen.plus Central Banks brochure (TMS)
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Acumen.plus, Profile’s treasury platform has been evolved and enriched with new functionality for Central Banks’ Treasury departments. More and more central banks select the systems whilst it includes a number of exciting features.
Investor Update: Analysis by Alpha Finance
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Alpha Finance an Athens-based well-known Financial Analyst firm analyses Profile’s activities and outlook for future expansion.
In particular, the analysts mention that “the Profile Group, with 30 years of experience, offers specialised solutions for the financial services industry across 45 countries and has a presence in major business centers in Europe, America, the Middle East, Asia, and Africa. Its solutions....
Centevo new website & brochure available
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Centevo, the leading Asset Management Software provider in the Nordics and part of the Profile Group, has launched its brand-new website (www.centevo.se)..And a new brochure is available to download
Record sales continue in H2 2021
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The dynamic sales growth continues for the Profile group given the increasing selection of Axia by a number of financial institutions across the globe. To add to this, the Centevo Suite has recently been selected by a large bank in the Nordics, making the recent acquisition a successful development with more achievements to come. In 2021, Profile is going to exceed the assignment of 20 new high-value projects of strategic importance, leading to 35% increase in sales and a significant backlog over for the following year(s).
EU Regulation | RiskAvert to fully cover the new requirements
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Profile Software has recently released the upgraded version of RiskAvert, the flexible risk management platform for advanced regulatory capital calculation and reporting, that delivers comprehensive coverage to all latest EU requirements.
The new digital banking landscape | Finuevo
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Nowadays, banking is fully digital, covering more than what was available via the traditional bank channels, going beyond phone banking and e-Banking. Digital banking is also essential to banks as a function to not only retain existing customers and offer them the service they need, but to also gain new clients via competitive and differentiated service offerings. Therefore, it is becoming widely accepted that banking has gone branchless, especially with the increasing number of neo and digital-only banks across the world.
Headless architecture in the banking industry | The evolution of BankTech
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Headless architecture, a natural evolution of digital transformation technologies, is a fairly new architecture style that is gradually being adopted in most of the new technology-driven companies that are focused on various use cases of mobile banking, digital banking, electronic payments and third-party integration etc.
Best treasury practices post-pandemic | Acumen.plus
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Automation and Libor discontinuation remain hot topics in the banking sector, with many treasury professionals eager to automate more tasks ranging from financial planning, reporting, and strategy. CFOs continue to focus on financial analysis and forecasting with paperless office operations. Meanwhile, accounting, a key function in treasury, must provide reliable and unified data using a single source, whilst experiencing high levels of automation.
Industry events | Profile is back!
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Profile Software participated in a number of industry events during the past quarter successfully supporting its local presence. We are also sponsoring a number of events until the end of the year and organise our own to best address market needs with the participation of industry analysts where suitable.
IR update
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Following a successful year and a persistent focus on developing new solutions that add value to our customers’ business operations, and the well-thought strategic approach to business expansion, Profile Group demonstrated a significant increase in revenue and profits offering its stakeholders great returns.
Optima bank | Digital Banking Platform live
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Optima bank has announced the successful launch of its omni-channel Digital Banking platform. Profile has led the project to deliver this on a single access environment. By heading this demanding implementation, Profile’s new “integration layer” services connect the Digital Banking platform by Netinfo, to the bank’s existing Core Banking System as well as to other systems in the bank. The platform went live under strict deadlines as per bank’s requirements with great success.
Axia Custody | New features
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The new Axia Custody platform launched to advance automated custody operations and streamline processes at a global level. The platform has been significantly upgraded automating the Custody tasks with competitive features.
Acumen.plus | New Treasury Management Platform released
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Acumen.plus, is the new STP, real-time, cloud-native Treasury platform launched offering advanced UX and automation to the modern Treasurer, across borders. Acumen.plus is the new Treasury Management system that empowers users to check and validate mass deals’ imports using real-time APIs.
Centevo News Update
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Centevo’s solutions got enhanced and news update has been circulated to our customers. With Profile’s support more investments and offerings are planned to take place in the Scandinavian technology firm, with the objective to bring value to our clients. The latest enhancements include an enriched version of Centevo Suite incorporating an End-Client solution and a Buy-side trading integration.
Finuevo | Digital Banking in-a-box | Brochure download
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The brochure of our newly launched Digital Banking platform Finuevo is now available to download! Read more on how the mobile-first, digital banking in-a-box system by Profile can streamline all your processes and automate all banking-related operations, allowing you to...
Events & Webinars | New
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Over the past quarter, Profile organised a number of webinars whilst participating in online events to deliver added value to its clients. In the next quarter, the company also plans to sponsor and participate in the most prestigious of industry events. Read more below.
HR News
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Profile invests in its people. Our Human Capital plays a key role in meeting our global business demands. We know that people development leads to successful firms and makes people more energetic to contribute to the bigger goal. With the Buddy Program...
Centevo is now a member of the Profile Group
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Profile acquired Euronext Centevo, a specialised provider of Asset and Fund Management solutions. Centevo is headquartered in Stockholm, Sweden with a fully operational branch in Oslo, Norway. It serves more than 65 of the largest Asset and Fund Managers and Banks in the Nordics (Norway, Sweden Denmark and Finland)...
Finuevo – New in Digital Banking
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Finuevo is Profile’s Digital Banking platform that offers a modern banking experience to end-users across all channels. As a cloud-enabled and Mobile-First system, Finuevo can easily be deployed in the cloud, on-premises or as SaaS aiming at delivering the functionality and flexibility to meet the evolving market requirement of the modern banker and his/her customers
Reforms affecting risk – getting prepared with RiskAvert!
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Recent publication by the EU Banking Union shows that the reforms of the Basel III standards aim at reducing excessive variability in risk-weighted assets (RWAs) and to improve the comparability and transparency of banks. To that end, the reforms notably include an “aggregate output floor”, which means that banks using internal models to determine the amount of RWAs may only deviate to a certain extent from the amount calculated by the standardised approach.
Has the pandemic changed the way we manage investments?
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The Private Banking and Wealth Management industries have experienced a turbulent year. At the same time, with a new group of people looking to leverage their assets in investments—many of them for the first time—there’s a growing need for professional financial advice.
Profile named Category leader in Chartis' report
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Profile has been named a category leader in Chartis’ Fintech Quadrant report for Wealth Portfolio Management Suites: Advisory Desktop solutions. In pursuit of 'holistic financial wellness', the report evaluates the tools and workflow from the advisor’s perspective, as well as those for the customer journey, while it reviews a number of vendors’ solutions that aim to improve advisors’ front-office tools to enable...
HR "Starforce" Activities
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Our most precious asset is our people! Over the past quarter Profile initiated and participated in several activities that highlighted its Starforce commitment, well-being and profound knowledge. From the warm welcoming of our new colleagues, providing all the necessary tools to excel at their new roles, to the innovative “Buddy Program” where the most experienced members of each team become a mentor to guide the new employees...
Events & Webinars | Get Updated
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In the past quarter, Profile participated and sponsored a range of virtual events and also took part in industry webinars organised on its own as well as with partners to further increase its international approach whilst presenting innovations and new features in its platforms.
Aton selects Axia
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ATON, the investment banking organisation, selected Axia to automate and digitalise their wealth management services. Headquartered in Moscow, and with a presence across 25 sites in Russia, ATON focuses on corporate investment banking, wealth management, retail investment services and private equity. Axia was selected as a front office tool ...
Profile Vote: New Digital Voting Platform
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‘Profile Vote’ is the new digital channel for online voting applicable to shareholders for General Meetings, as well as any type of remote voting. Utilising modern and trusted technologies, users can view the results on one screen, in real-time. The platform fully accommodates the new directive SRD II...
Acumen-net major upgrade | TMS
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Acumen-net the cloud-enabled Treasury platform that can be deployed on Amazon Web Services and Microsoft Azure has been significantly upgraded. The flexible Front-to-Back-to-Risk Treasury Management platform has been implemented across various regions on a single instance as well as being a Treasury Hub operating 24x7.
Banking in the dawn of the new decade
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During 2020, Digital Transformation has evolved from trend to necessity. It became the key differentiator in the banking sector, driving banks to change and adjust to a new digital delivery model, as a result of the pandemic.
New ISO certificates awarded
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Profile Software renewed ISO certificates 9001:2015 and 27001:2013 whilst receiving new ones for 22301:2012 and 14001:2015. Particularly, ISO 22301:2012 recognises the Societal Security – Business Continuity Management Systems- Requirements in every aspect of the company’s operations and ensuring continuity and operability under any type of unforeseen circumstances.
Stock price keeps “rising”
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Profile Software stock price has experienced a soaring increase due to dynamic growth of favourable option available to the company given the competitive trading, as it trades at a lower rate to the industry. The price is expected to rise further bringing significant yields to its shareholders as this course is also supported in independent analysts’ reports.
Webinars on Demand & Virtual Events
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Watch at your convenience the webinars organised and supported by Profile on “Loan Management in the New Normal | Challenges & Solutions” and “Driving liquidity with supply chain finance“. Visit us at the Virtual event on 4th March Digital integration in Wealth Management 2021
Bankmed deployed Acumen-net
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Bankmed, one of the largest banks in Lebanon, went live with Acumen-net, as their Group-wide Treasury platform, embarking on a major digital transformation to help the bank deliver faster services across users and customers.
RiskAvert @ Attica Bank
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Attica Bank selected Profile’s RiskAvert, the risk management system for regulatory capital calculation, liquidity risk indices as well as XBRL validation and reporting.
Axia Onboarding & Client Portal
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Axia’s new release incorporates advanced onboarding functionality and a powerful digital client portal to accommodate the increasing market needs in wealth, asset and fund management to enable a competitive and faster communication remotely in the post-Covid era, while safely onboarding new clients via an automated process.
The new normal for Banks | FMS.next
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In many instances, technology seems to help Banks better address challenges and prepare for the future. However, available as it may be, it is common that technology is not always properly used.
Webinar on Loan Management
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Following the success of the previous webinar on how our clients experience the post covid era with the use of powerful tools, we will run on 26.11 the webinar on “Loan Management in the New normal” to learn more on how financial institutions can best cope with the new reality without jeopardizing their business or normality. The webinar will run on Brighttalk platform
Profile Technologies founded
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Profile established “Profile Technologies SA” | A technology-driven development center
It is a wholly-owned subsidiary of Profile Software Group and has the objective of becoming the development center to foster new technologies, while actively supporting employability in the region
Profile Throwback
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Profile is releasing the “Friday Flashback” series on social media which is a nostalgic and reminiscent quick flashback in history for the 30 years anniversary this year that due to the circumstance has not been feasible to celebrate
Allica Bank (UK) launches with Profile’s platforms
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Allica Bank, the UK bank for small and medium businesses, has implemented Profile’s solutions to manage their banking, risk and treasury management operations. Profile and Allica Bank worked together to speedily deliver the digital banking solutions under challenging deadlines.
Axia for Fund Mgmt @ 3KIP
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3K Investment Partners, an independent mutual fund management firm, selected Axia for its fund and wealth management operations to run on a single platform efficiently supporting all of its investment activities in a fully automated environment.
Acumen-net eFX | New release
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Profile Group launched the Acumen-net eFX solution that is uniquely designed to support banks’ agents, branches, digital channels and clients accessing and managing their Foreign Exchange Risk, quickly and effectively. Acumen-net has been enriched with a powerful client-centric solution to help both Treasurers and their clients to manage risk and integrate with existing banking platforms.
Forte Securities (UK) selects Axia
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Forte Securities, a London-based Prime Broker, selected Axia to successfully streamline their investment management and custody operations.
Webinar | Addressing Loan Management Challenges Post Covid
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Join Profile Software to learn more on how its loan management platform (FMS.next) can save on operational cost and deliver on the increasing needs of modern financial institutions to automate and accelerate their services especially in the era following the pandemic’s regulatory regime.
FMS.next | Microlending features
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Following country specific initiatives on loan management, Profile is pleased to announce the new release of FMS.next that includes an enhanced version of loan origination, management and collection modules to enable banks and financial organisations to fully administer their loan and microlending needs.
New videos released
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Proactively responding to market developments, Profile is excited to present its new videos showcasing the capabilities of its platforms, that fully support modern and future industry requirements, successfully. The videos include:
7QFS successfully implemented Axia
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7Q Financial Services, a boutique investment house based in Cyprus, has successfully deployed Axia, the award-winning investment management platform, to significantly improve organisational efficiency by reducing costs and enhancing offered services, while achieving streamlined, and risk-free operations.
Time for Banks to go Digital | FMS.next
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In turbulent times, remote access for both bank’s customers and financial institutions is crucial. Services could range from opening accounts online, automated onboarding for both investors and consumers, P2P services for loans, to instant payments and contactless operations. Digital banking is inevitably the way to achieve business continuity and customer satisfaction post Covid-19 landscape.
RiskAvert supporting CRRII & Basel IV
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RiskAvert, Profile’s comprehensive risk management platform is continuously being enriched with new features to fully support evolving market needs. With the latest regulation still developing and constant changes affecting the final structure, RiskAvert has the flexibility to timely adapt to changes of regulatory framework & reporting and to the introduction of new calculation approaches under CRR II and Basel III reforms
Acumen-net ready for LIBOR
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Acumen-net, the real-time, STP, front-to-back-to-risk Treasury Management platform, is ready to support LIBOR discontinuation that is about to affect Treasury departments by 2021. Specifically, it offers the LIBOR Reference Module (LRM) to assist Treasurers to easily perform their tasks ahead of the change, accommodating new reference data rates while supporting entry, calculation and fixing.
Get ready for the Digital era in Treasury with Acumen-net’s eFX
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In a competitive environment, companies are becoming more demanding, requesting easy-to-use and advanced tools to effectively manage their Foreign Exchange Risk. To achieve this one needs a solution that boosts productivity, efficiency and agile deployment while being compliant with international security standards.
ESG updates
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Profile Software is committed to providing a sustainable business model, combining a growing and profitable business with the promotion of environmental and social awareness initiatives. Over the past quarter, the company supported...
Investor Relations news
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With a 14% rise in annual revenue for 2019, a significant increase in the stock price for the same period, noteworthy investments by Greek and Foreign Institutional Investors, as a result of its growing presence in 40 countries and equally dynamic growth in personnel, the Group continues smoothly its operation during the current fiscal year and keeps investing in new products and market expansion.
Celebrating 30 years of innovation
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This year, Profile celebrates 30 years in the business of developing pioneering software solutions, that deliver digital transformation and effectively support mission-critical and large-scale projects. With an inherent commitment and passion for innovation, Profile designs solutions that add value to professionals’ daily tasks in the financial services and business industries for both private and public sector firms ...
Is Wealth Management going AI? | Axia
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Much has been discussed and published on the use of AI, RPA and ML for the benefit of the Wealth Management industry. The Robo Advisory evolution is a pragmatic and real trend with firms deploying or delivering such services. However, the investment management sector heavily relies on
Advanced Technology in Banking 2020 | FMS.next
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In 2020, technology will continue to be the main driver of disruption in the banking industry through the evolution of machine learning (ML), blockchain etc. as digital transformation is evolving the way banking is done, according to Deloitte’s study “2020 banking and capital markets outlook”.
APIs and real-time Treasury evolution | Acumen-net
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Real-time treasury is fast becoming a reality as greater levels of transparency and forecasting are required. The evolution of instant payment infrastructures worldwide is altering the liquidity landscape and creating the need for treasury processes and controls to turn ‘real-time’ ensuring that cash is being managed effectively. However, real-time doesn’t only refer to payments...
CSR / ESG activities
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Profile Software knows its success relies on its human capital, comprised of self-motivated competent professionals. In this context, the company focuses on encouraging the well-being of its team as well as contributing to its community...
Investor Relations updates
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Profile’s stock price continues to rise delivering profits to its shareholders. Over the past quarter, more European funds have invested in Profile Software supporting its successful track record along with its dynamic international markets’ penetration strategy.
Deploying ‘Industry 4.0’ technologies in Treasury
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Bank Treasury is facing an optimisation challenge to deliver significant returns on banks’ digital investments, generating long-term competitive and financial advantages, in an increasingly regulated environment.
Benefits of AI | Axia
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Financial companies are gradually adopting artificial intelligence (AI) moving to the new digital era as well as supporting automation and robo-advisory to better succeed in today’s competitive landscape. In Deloitte’s research “AI leaders in financial services”, the advantages for organisations leveraging AI highlight a strategic approach that would reduce cost, focus on customer opportunities and experience better data processing.
The Loan Origination transformation for Credit Unions and Banks
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Studies show that digital transformation can be faster achieved in the lending space. Large banks and fintech firms are keener to modernise their online lending platforms. This comes as a result of a closer relationship with end consumers (corporate or retail). Therefore, financial institutions of any size invest in evolving their services so that their customers feel valued and...
RiskAvert upgraded with new features
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RiskAvert, the robust and complete risk management solution, was upgraded to fully cover the final Basel III securitisation framework, including Regulation (EU) 2017/2401 (Securitisation Regulation) and Regulation (EU) 2017/2402 (Securitisation Prudential Regulation), the EBA regulatory reporting as well as the quantitative self-assessment reports of risk transfer (i.e. First Loss and Commensurate Risk Transfer Test).
Stock price continues to rise
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Profile maintains a remarkable sales and profitability growth, contributing to stock price rise, attracting new investors to support the company’s strategy to deliver innovative and flexible financial solutions. Over the past quarter the company participated in several Investor Relations’ roadshows, across various regions, discussing its strategic and tactical approach...
New brochures to download
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Profile, having relaunched its new website mid-summer, has also introduced new marketing collateral for its corporate and product range demonstrating the company’s innovative and fresher approach. The marketing collateral includes the whole product range:
eNewsletter Summer 2019
SuMiTB selected Acumen-net for their Treasury Operations
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Sumitomo Mitsui Trust Bank, (SuMiTB) in Japan selected Acumen-net to support their Treasury operations across six overseas offices in the United Kingdom, USA, China, Singapore, Hong Kong and Thailand. SuMiTB was looking for a core banking system to replace their legacy system and for a comprehensive Treasury Management Solution that would allow standardisation of processes across the overseas offices with a fully integrated STP platform...
eNewsletter Summer 2019
MADA Capital selected Axia for asset and fund management
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MADA Capital, a Dubai-based investment firm, selected Axia, the omni-channel platform, to comprehensively support their wealth and fund management operations. Following an international vendor assessment, the newly formed firm evaluated the available platforms based on key criteria such as the innovative technology, scalability, modern design, depth and breadth of functionality...
eNewsletter Summer 2019
FMS.next fully supports PSD2 and Open Banking
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FMS.next, the universal banking platform, has been significantly upgraded fully covering the needs of modern financial institutions for PSD2 and Open Banking requirements with the availability of an industry standard API layer. FMS.next is continuously being enriched with new features to support the evolving market needs such as multi-channel delivery, digital payments and powerful onboarding facilities, based on a flexible workflow mechanism covering all verification and checking requirements.
eNewsletter Summer 2019
Profile's stock price soars more than 200%
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As a result of the Company’s strategy that focuses on new product launches, new clients, growing workforce and sustainability of solid financials, within the Financial Solutions rapidly growing market, Profile’s share has been shoring over the past few months, initiating a conversion trend towards the standards of its peer group.
eNewsletter Summer 2019
New website | Browse
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Given the market changes and industry trends, Profile is excited to be redesigning its website to deliver a fresher approach to its visitors with easy navigation and top-quality content.
eNewsletter Summer 2019
Profile in Sibos 2019
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Profile Software is once again participating in Sibos 2019 the biggest event of the Financial Services industry, taking place on 23-26 September 2019 at ExCel London, showcasing its latest developments in Banking, Treasury, Custody, Payments and more...
eNewsletter Summer 2019
A Growing workforce | more than 30%
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The growth of the company’s operations also led to a workforce increase by 30% across offices over the past year. The company heavily invests in its human capital, to fuel its development and customer satisfaction. Specifically, Profile hired driven and experienced...
eNewsletter Spring 2019
Priorities for 2020 in Financial Services
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It is commonly known that the financial services industry is transforming to meet digitisation. How far will banks need to transform their operations to meet the market evolving trends? According to PwC's global study in the industry, new technology forces will affect the sector.
eNewsletter Spring 2019
The InsurTech trend
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The InsurTech sector saw investment increase at a compound annual growth rate of 36.5% between 2014 and 2017. The Insurance Firms are re-evaluating their service models and competition from BigTech firms according to the World InsurTech Report 2018 by CapGemini ...
eNewsletter Spring 2019
Pioneering in the Financial Services Tech Industry
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Follow Profile’s quarterly eNewsletter to read more on the latest trends and how this would affect your industry and your business. Based on industry leading research findings, topics highlight the challenges of modern and evolving financial services sector.
eNewsletter Spring 2019
Trends in Banking
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Studies and research show that digitilisation is a fact for the financial services industry especially in banking. In Deloitte’s study “2019 Banking and Capital Markets Outlook: Reimaging Transformation” and ICT Enterprise Insights 2019 Financial Services & Payments, 28% of the bank CIOs asked stated that the most important technology area to the organisation is to create digital capability, 23% want to modernise legacy systems, and 18% to manage security, identity and privacy.
eNewsletter Spring 2019
Evolution in Treasury and Risk Management
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Profile is continuously enhancing its product offering whilst investing in technology to make platforms more agile and user friendly.
eNewsletter Spring 2019
Events
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Profile is regularly participating in industry leading events to support its international and local presence. In particular, Profile presented its innovative Banking solutions that fully address Open Banking, PSD2, Payments, Risk Management requirements among others ...
eNewsletter Spring 2019
Awards
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Profile is continuously being awarded with international distinctions and participates in industry analysts reports such as Celent, Gartner and Forrester for its Financial Services solutions covering the spectrum of banking and investment management domain. Some of the recent awards include: ...
eNewsletter Winter 2019
Axia Suite 2.1 offers new features
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Axia Suite, Profile’s leading omni-channel and cloud-based investment management platform, has been upgraded to 2.1 release delivering advanced investment management, compliance and reporting. Through a single data model, Axia Suite fully supports the operations of Wealth Management, Asset & Fund Management, Custody Services and Robo-Advisory on the same platform.
eNewsletter Winter 2019
What does 2019 hold for Payments? | FMS.next Payments
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As mentioned in the latest topic of Payment digitalisation end of last year, the sector is evolving to make the customer journey frictionless and yet compliant to the latest regulatory requirements. Security is a key concern, however, technology can address this, as presented in the Finextra report “Combating real-time payment fraud can be overcome with ML and AI-based solutions as they have the potential to deliver business benefits and operational efficiencies.”
eNewsletter Winter 2019
How AI are you?
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AI technologies are set to transform businesses in ways we’ve not seen, since the Industrial Revolution. Unquestionably, the digital era is evolving in the Wealth Management sector with AI and robo-advisory tools becoming more widespread. 25% of 600 banking professionals surveyed by MoneyLIVE as presented in FStech, said that they used AI at a moderate extent. The growth of AI will “plug the current gap in data science skills, predicting that by 2020 more than 40% of data science tasks will be automated” according to Gartner.
eNewsletter Winter 2019
Banking evolution in 2019 | FMS.next Suite
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At the start of every year, numerous studies show the evolving trends in the financial services industry. This year it seems almost certain that these trends are to be materialised. The need to achieve personalised customer service, overcome the fintech competition and utilise new technologies are the main areas banks are focusing on, especially with the experience of Open Banking and the benefits that it can create. The transformation of banking services has already begun.
eNewsletter Winter 2019
Arrow Capital selected Axia for their WM operations
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Arrow Capital, an investment firm with operations in the UAE and Mauritius, chose Axia to comprehensively accommodate their full wealth management requirements, through the platform’s advanced omni-channel functionality and reporting. Following an international vendor assessment, Arrow Capital selected Axia due to its flexibility, powerful reporting and user-friendly interface to effectively manage their discretionary, non-discretionary and proprietary investment management services under a single, web-based platform...
eNewsletter Winter 2019
How is P2P transforming?
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Following the hype over the past few years, it seems that marketplace lending has settled to steady growth, with new firms/platforms launching operations earlier this year and established firms diverting their services to cover new areas (i.e. litigation expenses) or gaining a banking license. According to P2PFA (UK-based Peer-to-Peer Finance Association), the sector’s contribution to the UK economy was nearly £11 bn by the end of September.
eNewsletter Winter 2019
A year of disruption across Treasury
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Digital transformation deriving from Banks is evolving treasury’s primary focus on transactions and reporting to reinforce its value with more strategic risk management and analytics.
eNewsletter Winter 2019
New partnerships announced
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2018 was great year for Profile Software Group with new products, enhancements and most importantly new clients and partners. Profile’s solutions have been selected by a number of institutions across the financial services industry. This covers both banking and investment management sectors. International operations have expanded announcing new partnerships to represent the company’s solutions in selected regions in Europe and Asia.
eNewsletter Winter 2019
Awards & Events
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Over the past year, Profile Software Group supported and participated in several innovative industry-focused events, to showcase its latest solutions developed for the banking and investment management industries. In addition, new awards and recognitions by leading industry publications, further support Profile’s commitment to delivering technologically advanced platforms for the Financial Services Industry.
Orient Bank selected Acumen-net | TMS
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Orient Bank is implementing Acumen-net, a complete web-based Treasury Management platform that caters for front-to-back and risk management needs to efficiently manage their Treasury operations. Following an international vendor assessment, the bank selected Acumennet due to its real-time, automated and powerful capabilities for reporting and STP (Straight Through Processing). In particular, Acumen-net as a front-middle office and risk management solution...
Leading Insurance Firm in Europe live with IMSplus
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Profile’s Insurance Investment Management solution went live in a leading Insurance Firm in Europe to support their investment management processes and achieve operational efficiency due to its flexible, customisable and functionality-rich environment. The insurance investment management functionality inherent in the IMSplus platform...
New features in FMS.next Digital Banking
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Profile’s leading Digital Banking and Loans Management platform has been enriched with advanced functionality that enables financial institutions and banks to manage, customise and automate their workflow, compliance and billing requirements. Specifically, a comprehensive billing engine...
How to combine RegTech with data mining technologies
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In a regulatory environment with high levels of scrutiny and complexity, the need for a RegTech approach to lower costs, increase efficiency, drive positive customer experience and adhere to regulatory compliance, is a major concern for the financial services firms. Earlier findings by McKinsey & Company, showed the need to consider data risk as a key to the risk taxonomy, linked to a data control framework...
Unlocking the potentials of Wealth Management
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The global asset and wealth industry is embracing a digital transformation across disciplines. Customers’ increasing demands for unique personalised experience, new regulatory requirements along with technology advancements are reshaping the sector. Thus, Asset and Wealth Managers, who quickly adapt to these challenges and renovate their operating models and process, can achieve impressive profitable growth. As mentioned in Deloitte’s report The future of asset serving | Shaped by three disruptive technologies...
Open Banking: Growing in customer trust
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The banking industry is looking to achieve strong customer authentication and consent as required by PSD2, GDPR and Open Banking. This is supported in the report by PwC and the Open Data Institute examining the first six months of open banking in the UK, where researchers found that by 2022 the country market could be generating £7.2 bn in value. As Open Banking allows customers to share access to their financial data with non-bank third parties, there are concerns...
Digitalisation is transforming payments
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An undeniable fact is that payments are evolving as digitisation and globalisation are driving customers to demand more flexible, secure, faster and seamless payment services. In addition, the tighter regulations (i.e. PSD2, SEPA, Open Banking, AML, etc.) the technological advancements and the increasingly competitive landscape are leading banks to rethink their strategy and explore collaborations with FinTech providers to offer a broader range of solutions and further develop their operations within the digital landscape...
Profile is expanding its workforce
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Profile Software is investing heavily in its human capital in order to continue delivering competitive customer service to its clientele. Over the past quarter, Profile’s workforce has increased by almost 20% with highly talented young professionals starting their careers at the company as well as industry experienced executives joining the Profile team.
Awards & Events
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Profile’s Banking and Investment Management solutions’ excellence is continually been recognised by a number of industry-leading research companies and publications due to their modular approach to customer needs, seamless integration and compliance to regulatory standards while offering operational efficiency and advanced user experience. Some of the Profile’s recent...
Axia 2.0 live in MS Azure Cloud
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Axia, the omni-channel, web-based investment management platform, has been upgraded to version 2.0 available also in Microsoft Azure Cloud. Axia Suite has gone live using Microsoft Azure PaaS and IaaS resources. In particular, the new version apart from being available to be deployed on premises is also natively cloud-enabled for a private or public cloud, and already has live users in Azure...
Marketplace Lending evolution
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As with every trend, Marketplace Lending has evolved into different shapes and sizes, ranging from P2P Lending platforms, gaining banking licences to actually collaborating with established Banks to enhance the offering of both. The regulatory environment around this is also evolving to better protect customers, providing guarantees where needed to ensure longevity and good business procedure.
IBG successfully submitted XBRL to BoG with RiskAvert
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RiskAvert, Profile’s advanced regulatory capital calculation, liquidity risk, and XBRL validation and reporting platform, was implemented at IBG (Investment Bank of Greece) to support the successful XBRL submission to the Bank of Greece (EBA Reporting framework 2.7.0.1).
IBG is a leader in investment banking and brokerage services, holding top ranks in mergers and acquisitions, IPOs and SPOs as well as underwriting and debt structuring. The bank selected RiskAvert to address its compliance requirements that...
GDPR supported by Profile’s platforms
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With clients’ best interest in mind for smooth conformance to regulatory guidelines, Profile’s internationally implemented platforms (ranging from omni-channel, award-winning investment management to modern era digital banking platforms) incorporate the necessary tools to enable compliance with GDPR.
Enhanced Customer Onboarding in Wealth Management
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Differentiation in delivering advanced customer experience in the Wealth Management industry is becoming of paramount importance, as the offering is niche and the market needs are constantly changing. To effectively address competitive challenges, Wealth Management firms tend to deploy technologies that stipulate the uniqueness and personalisation of their customer service.
The evolution of Treasury Management in the FinTech era
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The rising challenges of FinTech trends, the global rise in financial regulation and international expansion of financial operations are driving the Treasury departments of banks to remodel and integrate their activities. This shift is mostly affecting the areas of automation and straight-through-processing (STP) in front-to-back office operations, the tools to facilitate regulatory compliance and real-time access to the system anytime and from anywhere, for both professional users and clients, demanding powerful dashboards and insightful data visualisations.
Robo Advice and beyond. What are the gains?
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Regulatory changes and the emergence of digital entrants into the wealth management space have indeed affected the industry in several ways. These along with the business objective of expanding the potential client base through the provision of better and more affordable services lead to seeking more suitable operational models.
Online Banking for better customer service
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Digital evolution and modern technologies, such as mobile devices, have enormously changed people’s banking habits, shifting from traditional ATM transactions to online/mobile banking. 21st-century customers demand personalised omni-channel experience, preferring to digitally interact with their bank “on the go”. Banks can benefit from this new trend and improve their services as long as they think mobile-first and search for innovation by developing new business strategies with tech tools.
Awards & Events
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Over the past quarter, Profile’s solutions were awarded by well-established publication and research firms for their technology, superior client experience and rich functionality. The systems distinguish for their reliability and efficiency in successfully meeting mission-critical needs, while being scalable and easy to integrate with existing systems.
The innovation wave for banks
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Latest research and reports concerning technology trends in the banking sector indicate that the market challenges and the customer patterns require Banks to innovate, so as to remain competitive. This could range from restructuring their core banking platform to supporting blockchain technology, as it was recently announced by Santander. New opportunities to automate banks’ processes and deploy the right digital strategies are becoming apparent, for not just turning them to FinTech per se but mainly to be the best-in-class in what they focus on
Axia Robo Advisor delivers unique automation
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The Axia Robo Advisor solution was presented to automate all investment management operations of wealth management firms and banks that want to address a wider market of investors. Being at the forefront of technology, Axia the omni-channel investment management platform delivers modern and workflow-based functionality to perform online, all needed wealth management functions. Its advanced design allows for complete automation in client onboarding, compliance, risk monitoring, portfolio selection and rebalancing, offering a fully self-service or hybrid advisory service model offering, depending on the firm’s requirements.
FMS.next in the Cloud and SaaS
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FMS.next, Profile’s leading Digital Banking platform, is available in the cloud. Utilising Microsoft Azure technology, FMS.next is now more suitable than ever to offer rich functionality to the Banking and FinTech industry combined with the benefits of IaaS as well as SaaS. FMS.next has been upgraded to major Release 3, including advanced operational and functional features that create added value to modern financial institutions.
FinTech concerns addressed
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From the automated teller machines (ATMs) of the 1960s through today’s online lending platforms and robotics, the FinTech trend has developed, offering great challenges and opportunities to financial institutions. Indeed, as more FinTech companies emerge and new partnerships are established, new regulations are put in place, while traditional risk and compliance requirements are being reviewed. These challenges were discussed in the interview with Hubbis, where Profile’s executives presented the experience the company holds in FinTech Projects...
Axia Fund Management | New clients and features
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Axia Fund Management solution, part of Axia’s omni-channel, web-based investment management platform, has been selected by several institutions in Europe and the Middle East, while offering a number of new features supporting end-to-end asset management and fund administration operations.
NPL opportunities addressed with FMS.next Loan Servicer
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As recently presented in the European Investment Summit providing insight to the NPL opportunities in Greece & Cyprus, the reduction of the non-performing exposures requires the increase in sales of loans, thus moving to the new era of Loan Management. This kind of approach is helping Banks liquidate their assets and allowing them to continue the lending procedures being able to finance other sectors of the economy.
Competitive features Treasury Mgmt System | Acumen-net
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Acumen-net, being Login’s and Profile’s leading platform for comprehensive Treasury Management operations, is enriched with new competitive features, ranging from user-friendly web based front-end to cryptocurrency capabilities. Treasury Management operations, is enriched with new competitive features, ranging from user-friendly web based front-end to cryptocurrency capabilities.
Some of these features include the spread matrices, dashboards allowing users to perform flexible and synthetic portfolio views; P&L reporting with user-defined regrouping and drill down as well as graphical analysis.
Digital Investments on the rise
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As it was published on “American Banker”: “digital investment advice is expected to attract over $2 trillion in assets by 2020” since younger clients want a mix of digital and personal in wealth management services: 67% want robo as a basic component, 66% want a digital portal with adviser access and 63% want digital service with real-time advice.”[source: Accenture]
Awards & Events
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Over the past quarter, the company and its products were included in well-established industry reports of Gartner, Forrester, Aite, IBS, etc. Additionally, they have been shortlisted and awarded with a number of distinctions that denote the differentiation in service, provided to clients internationally as well as the new advanced features and innovative approach of its offering to the Financial Services industry. Some recent awards, recognitions and nominations are briefly mentioned...
New in 2018 |Paris-based Twenty First Capital selected Axia
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Following an international vendor assessment including several local French vendors, Twenty First Capital selected Axia to manage all of their fund and private portfolio management operations under a single, web-based platform, taking advantage of the modern design, omni-channel capabilities, flexible reporting and numerous widgets available on the dashboard.
New in 2018 | The future of retail banking: predictions for 2018
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It is increasingly becoming apparent through time that banks are collaborating with fintechs and investing in digital transformation to advance their customer service and know-how, while expanding to new markets so as to stay competitive within the fast evolving marketplace. According to Deloitte’s report the 2018 Banking Industry Outlook, the future of retail banking for 2018 is expected to include a customer centric approach, the adoption of cutting-edge technologies...
Risk Management evolution to RegTech
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Over the past years there has been an increased interest in deploying risk management mechanisms to better safeguard the financial institutions’ activities and operations. The regulatory environment has further encouraged this and Risk managers are currently facing the need to measure various risk metrics and produce numerous reports for keeping up with their compliance obligations,...
New in 2018 | Family Bank in Kenya deploys Acumen-net
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Acumen-net, the independent treasury solution developed by Login SA, a Profile company, was successfully deployed in Family Bank, Kenya. The bank selected and deployed Acumen-net, the comprehensive Treasury Management system, to effectively support Treasury Department’s growing operations. It will act as the backbone of all treasury transactions.
New in 2018 | IMSplus expertise in the Insurance industry
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Leveraging a significant number of live implementations of the Insurance Investment Management solution across various regions (Europe, the Middle East), IMSplus is being enriched to further support Insurance firms to effectively manage their assets (regardless if internally or externally managed).
Key Highlights of 2017 | Login SA acquisition developments
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2017 was the year that marked the successful acquisition by Profile, of the French Treasury software provider, Login SA reinforcing the group' operations. Since then, Login’s core Treasury platform, Acumen-net, has been enriched with new functionality, new client implementations and lately with crypto currency processing capabilities.
Key Highlights of 2017 | RiskAvert | RegTech
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Following the successful implementation and product development of RiskAvert, a comprehensive Regulatory Compliance and Reporting solution addressing the calculation, group consolidation and reporting of Credit, Market, Operational and Liquidity risk according to the Basel III framework, the system is now enhanced to fully support XBRL validation and conversion functions for multiple taxonomies.
Key Highlights of 2017 | Ditto Bank live with FMS.next & Acumen-net
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Ditto Bank, the French digital bank, is launching its services and offering the freedom to use and exchange money anywhere in the world. Ditto makes it easy to open current accounts in the currencies of choice, offering transparent pricing and subscription. It also provides a smart card allowing customers to make payments all over the world at no extra cost. Ditto Bank is using FMS.next and Acumen-net for its Digital banking and treasury operations.
New in 2018 | Awards & Distinctions
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Over the past year, the company and its products were included in well-established industry reports of Gartner, Forrester, Aite, Celent, etc. Furthermore, they got shortlisted and awarded with distinctions that denote the differentiation in service provided to clients internationally as well as to the new features and innovative approach to its product range for the Financial Services industry. Recent awards for the past quarter include:
New in 2018 | Events
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Profile Software once again supports the activities of the industry with its participation in specialised and focused events. This year Profile promotes on innovation, digitalisation and differentiated approach in delivering Fintech solutions to the financial services industry.
Getting ready for MiFID II
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“While the European legislation, known as MiFID II, will pose significant challenges for fund managers, it will also force them to make changes to the way they conduct business that may ultimately benefit end investors. The change is long overdue” according to the Financial Times. Further to this, it is the expectation that fund managers will be required to pay investment banks and brokers directly for analyst research.
'MuniFin' is advancing its competitive offering with Acumen
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Municipality Finance/ Kuntarahoitus ('MuniFin') based in Helsinki, Finland is successfully utilising Acumen, the independent treasury solution by Login SA, a Profile company, to effectively manage and automate their operations. With a total balance sheet of 34bn euros MuniFin, is the second largest credit institution in Finland and the only lender focused on the financing and financial risk management of the municipal sector and non-profit housing companies. With Acumen, MuniFin manages ...
How omni-channel banking are you?
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As mentioned in the recent Finextra article, “the key challenge for banks and their supporting vendors is not modernising the digital experience (although very important) but thinking about what digital capabilities they could offer to their consumers in the future. These may include:
> Digital Customer Experience - Including On-boarding
> Personalisation and Individualised Experience...
The next generation in Treasury Management systems
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The modern treasurer lives in a connected world, having to deal with real-time market information, make immediate decisions and manage a large number of banks, subsidiaries and providers. Yet, many treasury platforms may still be lacking the ability to provide collaborative instantaneous work due to limited features, or to secure and centralise all financial data and flows, because of outdated technologies and slow evolution.
A great half year for IMSplus & Axia’s integrated approach
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IMSplus, the award-winning wealth management platform combined with Axia’s powerful and competitive front-end functionality delivers a unique experience to both the firms and their customers. IMSplus and Axia have been enriched and implemented in a number of international organisations ranging from Private Banks to Family Offices across various locations. This is because the specific integrated solution delivers unique performance and compliance, as it combines a modern omni-channel design with robust and proven wealth management capabilities.
RiskAvert went live in a SE European banking group
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RiskAvert, the risk management platform was successfully implemented at a major banking group in SE Europe due to its advanced regulatory capital calculation and reporting capabilities. The bank has a dynamic presence in 7 countries and more than 15,000 employees. The bank selected RiskAvert to address its requirements for the calculation, group consolidation and reporting of credit risk. Built on the latest technologies, RiskAvert achieves seamless integration of the Financial Institution’s data sources, while at the same time remains scalable and ensures unique user experience.
Profile @ The Telegraph discussing FinTech solutions
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The Financial services industry faces a lot of challenges in terms of regulation, compliance, and profit margins. The increasing pressure from regulators along with the need to automate processes within the organisation are best met with the use of the right software that can make operations more agile, allow easy compliance to changing regulatory requirements and ultimately offer a competitive client experience that could lead to higher margins.
Banking payments moving to the next level
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According to CapGemini’s recent report on the global payments industry, technology, demographics and regulatory dynamics are shaping the requirements. The client front-end keeps evolving to achieve a higher degree of user experience through innovation, however back-end operations need a further enhancement as well. Digital payments, APIs, cross-border payments and alternative service providers are shaking up the market. These trends are positively impacting on competition, innovation and system-related efficiencies.
Profile’s distinctions and event participation
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Over the first half of 2017, the company and its products received various distinctions from established publications and research houses recognising their rich functionality. In addition, Profile supported its local operations by participating in specialised events while expanding its brand awareness deriving from new projects. Read the full press releases available in the link below.
Profile acquires Login to enhance their Treasury offering
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Profile Software and Login SA, the French specialised treasury, trading and risk management software provider, have concluded an agreement for the acquisition of the latter to join forces to offer an integrated although independent treasury platform that empowers financial institutions to automate their processes. Login SA’s solution AcumenNet can easily be integrated to any back-office or Core Banking platform of well-known providers.
Industry insights on MiFID II
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Profile's team published a number of viewpoints on the areas that will be affected by the MiFID II regulation and how firms can best prepare to face the upcoming regulatory requirements. Those articles also highlight how technology can support Wealth Managers throughout their project to prepare their infrastructure and processes. Profile Software has a wide industry experience in the Wealth Management domain and over the years has developed a number of applications to meet the existing and upcoming regulations...
Advanced omni-channel Wealth Management & Family Office solutions
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Profile Software presents its advanced and flexible omni-channel, web-based solutions for Wealth Management firms and Family Offices which are continuously being enhanced with new features to accommodate the growing needs of the industry. The ready to use, customisable and functionality-rich environment available enables wealth managers or family officers...
Ditto Bank went live with FMS.next & Acumen-net
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Ditto Bank, a Paris-based digital bank powered by Banque Travelex S.A., has gone live with FMS.next for its core banking operation and Acumen-net by Login SA, a Profile company, for Treasury thus experiencing an integrated platform.
New installations for IMSplus
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Two top firms in Romania and in Cyprus, both being members of Global Insurance Groups with multi-regional presence, selected Profile Software’s IMSplus Insurance Investment Management solution, to automate and manage their investment management operations.
Opportunities Marketplace Lending presents to Banks
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It is a fact that marketplace lending is growing exponentially. Supported by a technological boost in combination with the simplicity of business offering, marketplace lending platforms are disrupting the business of lending. This is evident in a number of studies and publications, as the next multi-million dollar asset class.
Profile partners with BBA (British Bankers' Association)
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Profile Software is now a member of the British Bankers’ Association (BBA), aiming at further establishing its presence in the local banking financial sector. Following another membership enrollment at a large association for the investment industry in the country, the partnership with BBA will allow Profile to better serve the financial services industry with innovative and market leading platforms.
Awards & Events highlights
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Over the past quarter, Profile Software has been recognised by well-established and leading industry researchers for its commitment to innovation, capitalising its new product developments and enhancements. It is worth mentioning that the company’s Wealth Management solutions were included in Gartner’s recent report “The Asset Management CIO's Guide to Portfolio Management Systems” featuring in 3 key categories of a Portfolio Management System (PMS) functionality as defined by Gartner. Furthermore, the company and its solutions received the following distinctions:
London-based ‘Dolfin’ goes live with Profile’s Wealth Mgmt solution
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Dolfin, a London-based investment firm, is managing its asset management operations with Profile’s award-winning platform, enabling a fully automated operational environment. Founded in 2013, Dolfin is technology-savvy, independent, with a fresh approach. Providing custody, trading and asset management to both institutional and private clients, its focus is on helping wealth managers, private bankers and other financial advisers to start and grow their own business by sharing its infrastructure and services.
The FinTech trend supporting Digital Banks
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Undoubtedly the Financial Services Industry is significantly affected by the FinTech evolution. Alternative finance firms, digital and challenger banks, P2P Lending platforms as well as traditional banks adopt new technologies in order to better serve their clients.
Axia: Advisory service capabilities enhanced-MiFID II ready
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Axia, Profile’s leading web-based platform for wealth management across all service lines, is enhanced with new advisory service capabilities and compliance features in light of the forthcoming MiFID II regulation. Axia is the next generation in web-based, omni-channel solutions for the wealth management industry and already counts successful implementations, as it receives enthusiastic market recognition due to its elegant design, practical and industry specific functionality, as well as its customisable look and feel.
ADNIC uses IMSplus to manage their insurance investment operations
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Abu Dhabi National Insurance Company (ADNIC) in the UAE, one of the leading regional multi-line insurance providers for corporates and individuals, is using the IMSplus Insurance Investment Management solution to achieve operational efficiency of its investment management operations. Following ADNIC’s vendor selection process, Profile Software was appointed as the vendor of choice. With highly flexible and functionality-rich features, IMSplus is Profile Software’s leading investment management platform...
FinTech and Financial Services: from competition to collaboration
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The explosion in FinTech over the last years offers new opportunities to financial services sector shifting from “competition to collaboration”. Financial institutions engage in partnerships with fintech players, since they provide them greater speed and agility, while building new sources of revenue.
“The Future of Financial Services special report”, published in The Sunday Times, examines how the scale and speed of the technological revolution is leaving some banks behind, and what action they must take to keep up...
New Videos | A wealth of FinTech knowledge
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Over the past years, Profile’s solutions have evolved to successfully accommodate market trends. In our past newsletter we were among the pioneers who supported the FinTech trend as well as the collaboration, as it seemed the best approach for the industry to grow and deliver more options to its customers. In this topic we summarise our experience from developing FinTech solutions, in short and interesting videos.
Webinar | Alternative Finance: innovation and regulation
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Watch online the webinar held by Vedanvi, Profile and NIU that tackled the issue of innovation and regulatory compliance in the UK Alternative Finance Marketplace. What was addressed includes issues on:
• How the existing and upcoming regulations affect the alternative finance market in terms of cost, compliance and competition
• What would companies need to do to overcome these challenges?
• How can they continue to innovate and protect their business against new competitive entrants?
• Is technology ready to deliver a “best-of-breed” approach?
The evolution of Wealth Management services
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The Wealth Management industry internationally seems to progressing rapidly to meet the needs of HNWIs, Millennials as well as to comply with regulatory requirements. An overview of the EY ITEM Club research findings published on WealthBriefing state that “Total assets under management in the UK wealth and asset management sector are expected to rise 5.1 per cent this year to £1.1 trillion ($1.38 trillion), and reach £1.24 trillion by 2020”. “The report also shows that AuM in the wealth and asset management sector rose 12.3 per cent year-on-year...
Events and Awards update
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Profile Software investing in its product functionality, new product launches and international presence was distinguished with a number of awards as listed below. In addition, the company participated in industry leading events, such as MEFTECH in the UAE, demonstrating the range of its solutions that effectively address financial services market needs. A glimpse of our quarterly distinctions include...
FMS.next Alternative Finance platform enhanced
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FMS.next Alternative Finance, the advanced financing platform, is enhanced to offer “Auto-investing” capabilities to further support the marketplace lending processes. It utilises FMS.next’s core functionality addressing the needs of Lenders and Borrowers in a single and integrated environment. Capitalising on the company’s market-proven experience in the investment and banking industry, it delivers a fintech approach to modern challenges covering the full range of digital banking, crowdfunding, p2p lending, etc.
Axia provides additional Wealth Management and Family Office functionality
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Axia, the web-based wealth management and family office platform, has been upgraded to provide enhanced functional coverage pertinent to instrument types, transaction types, analytics, interfaces and features that boost operational capability and efficiency.
RiskAvert, the new risk management platform presented
Περίληψη
RiskAvert is the new advanced regulatory capital calculation and reporting platform, capitalising on Profile’s proven track record on successfully delivering risk management solutions across Europe. RiskAvert is a comprehensive Basel II/III solution addressing the calculation, group consolidation and reporting of credit, market and operation risk. Built on the latest widely used technologies, ensures seamless integration of the Financial Institutions’ data sources, scalability and unique user experience.
An integrated approach in investment management
Περίληψη
Research material indicate that the investment management industry is undergoing numerous changes ranging from digitalisation of services, collaboration with fintech to a more efficient approach in the way investment performance and reporting are produced. These trends were also presented at both the Wealth Management event by Hubbis in Dubai, as well as in the Profile’s and ComPeer report published last year.
Top trends shaping payments in 2017
Περίληψη
The financial sector is experiencing a number of fintech and digital challenges as well as regulatory requirements. Among others, payments and the need for faster, online transactions, corporate, b2b cross-border payments with open APIs are driving the market, in 2017, something that was also presented in KPMG’s report “The pulse of FinTech”.
Digital revolution in the banking sector – What else?
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Undoubtedly, digitisation has fundamentally revolutionised the overall banking and financial landscape, creating new business models that provide revenue streams and economic growth opportunities. As mentioned on the Digital Business Global Executive Study of Deloitte “90% of financial services executives strongly agree that digital technologies are disrupting the industry to great or moderate extend”.
FinTech: a rising opportunity for the Financial Services sector
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The dominance of FinTech revolution is bringing substantial opportunities of business growth across all players of the sector. According to PwC Global FinTech report among the areas facing the highest disruption are consumer banking, fund transfer and payments industry. The accelerated pace of financial technologies deployment in consumer and commercial banking sector boosts the use of collaborative models such as the Peer-to-Peer Lending (P2P).
More distinctions for Profile’s solutions
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Profile Software’s solutions got shortlisted in a number of categories from multiple publications and research firms over the past few months. Some of the recent distinctions include nomination in categories such as:
Event Insights: Wealth Management in the Middle East
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Profile participated in the Middle East Wealth Management forum organised by Hubbis, presenting its range of innovative platforms for family offices, wealth management and alternative finance. Industry leaders from the financial services sector provided some interesting insights. A brief overview of the discussions that took place includes the following:
IMSplus in Central America
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BAC San Jose Puesto de Bolsa SA a Costa Rican-based bank selected IMSplus to manage their investment and client portfolios operations and to automate their processes. The Banking operations are headed by BAC San José, a regulated bank, with subsidiaries active in securities, insurance and pensions. BAC San José is the largest private financial institution in Costa Rica and is part of the BAC Credomatic Group...
Profile is the winner in 2 categories at Celent’s WM report
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Celent has released a new report entitled European Wealth Management Technology Vendors: Evaluating Front-to-Back Office Platform Vendors. The new report features Profile’s Wealth Management platform as the winner in two out of four categories. These are “xCelent Advanced Technology” and “xCelent Customer Service” on ABCD Vendor View.
FMS.next functionality enhanced for Digital and Challenger Banks
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FMS.next, the core banking platform developed by Profile Software, has been recently enhanced to deliver advanced functionality for digital banking, risk management and payments creating a competitive offering for digital and challenger banks. The FinTech landscape has received a great interest from major research firms such as...
Axia for Family Offices
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Profile Software presents a new solution for Family Offices developed on Axia, the web-based investment management platform. Having implemented its solutions in numerous family offices’ sites, including Luxembourg, Switzerland, Portugal, the UK and more, Axia provides comprehensive functionality to automate the family office operations and professionally monitor invested financial assets, either in-house or externally managed.
Interesting news for Fiduciam, one of the FMS.next clients in London
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Fiduciam, one of the London-based FMS.next clients, has been approved in summer 2016 by BondMason, as a specialist secured property and SME lender. BondMason acts as the intermediary, steering and automating investments for its clients and offering an easy way to automatically invest and diversify. This was recently evaluated at P2P-Banking.com.
The evolution of the Wealth Management requirements in the digital era
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It is without a doubt that the Wealth Management domain has progressed in every sense over the past years to engulf new technologies in order to accelerate sales objectives and comply with the regulation.
More than four years back, when Profile Software introduced the first natively developed app for the wealth management industry, there were some reservations in the market as to the security of information to be shared.
Sibos 2016 - Key highlights
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Profile Software participated in Sibos 2016 the world’s premier financial event organised by SWIFT that took place on 26-29 September in Palexpo Geneva, Switzerland, showcasing its pioneering product developments and international implementations.
Profile’s team, at stand no G07, demonstrated its innovative FinTech solutions for the industry while presenting cases on:
> Banking
> Wealth Management
> Alternative Finance...
More distinctions for Profile’s solutions
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Profile Software’s Wealth Management platforms received the best “Risk Profiling Solution”, “Risk Management” and “On-Boarding” awards at the WealthBriefing GCC 2016, demonstrating the company's commitment to delivering advanced functionality in its platforms. They were also shortlisted in the categories “Front-Office solution”, “Portfolio Management” and “Innovative Client Solution”.
Join us in the upcoming events
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Profile continues to support industry-leading events taking place in Europe and the wider MENA region. The company participates in the annual WMA Summit on the 9th of November in London and the North Africa Banking Technology Exhibition that is held in Egypt on the 8th and 9th of November.
IMSplus selected by T.C.R. Intl
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T.C.R. International Ltd, a fast-growing Cypriot wealth and fund manager, selected IMSplus, Profile’s award-winning investment management platform, to effectively manage their full processes of wealth and asset management activities.
Enhanced collections and debt management
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The FMS.next Core Banking platform has been upgraded incorporating a wealth of new functionality for Collections, Debt Management, Loan Origination and Management as well as Alternative Finance for Digital Banks.
Albilad to deploy IMSplus for their custodian operations
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Albilad Capital, the investment arm of Albilad Bank, one of the largest banks in Saudi Arabia selected IMSplus Custody for their newly launched custodian services department so as to experience automation and compliance.
Axia’s online trading and financial planning
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Axia’s new version is available with exciting new features for online trading and financial planning. In particular, Axia’s enriched trading functions allow both professional investors and their clients to trade online in various markets and asset classes, through multiple channels like their desktop or laptop computer, their tablet, or even their smartphones. Users can enter, amend or cancel orders, monitor their status, view partial or full executions and the relevant trades using a blotter.
Taking Wealth Management to the next level
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Much has been said and written about the digital channels and cloud-based platforms for wealth management. It is becoming widely accepted that digital channels and omni-channel platforms significantly contribute to the firms’ performance and client relationships. By selecting the appropriate approach firms can have an enhanced two-way and immediate communication and more profitable relationship with their clients.
FinTech and Alternative Finance
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A comprehensive research on crowdfunding trends in the Swiss market has been released by the “Institute of Financial Services Zug IFZ” for the third year presenting the developments in the country, comparing these to other key markets and the genres that present the highest rise.
Join Profile @ Sibos 2016!
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Profile Software participates in Sibos 2016 the world’s leading financial event, taking place on 26-29 September in Palexpo, Geneva. Profile is presenting its banking solutions for banks, wealth management and alternative finance firms with enhanced functionality on payments, collections and more, emphasising the inherent flexibility and advanced workflow mechanism available in its banking platform, FMS.next.
Quality internationally recognised
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Profile Software’s commitment to delivering innovative, market-proven solutions continues to be recognised by well-established international publications and industry research firms. Some of the company’s distinctions awarded over the past quarter include...
Expanding partner network
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Profile’s international partners network is expanding with more than 20 companies across the world to join in so as to market and represent the company’s platforms in their regions, by offering either a specialised solution or the full range of Profile’s products for the Banking and Investment Management industries.
ComPeer and Profile present wealth management technology trends
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Profile partnering with ComPeer conducted a survey of a number of UK-based wealth management firms to evaluate the drivers of the market, the processes implemented and the software systems’ requirement to support their operations. Some of the key findings include the following...
Compliance and trading workflows enhanced in the investment management platform
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IMSplus has been enhanced in a number of areas to cover more regional-specific requirements always adhering to international standards. Among those new developments are extensions to the trading workflows, new compliance tools and regulatory reporting, to name a few.
The FinTech and Digital Bank effect
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According to the recent Capgemini and Efma’s world banking report based on a global survey of retail banking customers in 32 countries an interesting finding is that “46% of banks plan to collaborate with FinTechs, but only 13% believe their core systems can handle the technical demands of partnerships. Many in the financial services industry believe partnering with FinTechs is the best way to avoid disruption."
Collections and loans management solutions
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The financial services organisations internationally face stricter and more complex regulatory framework of operations to meet the changing market requirements. Both in Europe, in Africa and in the Middle East the appropriate management of non-performing loans to ensure prompt collections and handling are important elements that add to the bank’s profitability, performance and client experience.
Axia incorporates new functionality to advance user experience
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Axia, the newly launched, cloud-based fully flexible wealth management platform, offers front-to-back coverage while continuously enhancing its features’ portfolio with new functionality. This ranges from its client onboarding solution, to its front-end environment, to advanced native capabilities for document and powerful workflow management.
Profile supports key industry events in major cities
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Selectively investing in key industry events to effectively present the new features of its platforms and new product upgrades, Profile Software supports specific events in key regions expanding its international presence as well as visiting many more. The recent and upcoming ones include:
Recent distinctions and awards
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Profile Software over the past quarter has been nominated in a number of award categories for wealth management as well as included in the industry reports of Forrester, Gartner and IBS SL for its Financial Services solutions covering the spectrum of banking and investment management domain. Especially in the IBS Sales League table, Profile ranks in the top 10 positions of international vendors based on its recent implementations and product functionality.
Welcoming new partners
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Profile Software, through a team of industry professionals in specialised areas, expands its partners network with new IT specialised companies having joined in over the past few months increasing the company’s reach in established as well as new markets.
Join our Linkedin group
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Profile regularly updates its Linkedin group page and the website media section with announcements pertinent to its products, international presence, research results and clients.
Wealth Management trends for 2016
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As it is the beginning of the year, a number of research material (ranging from Compeer, PwC, E&Y reports and more) presented the trends in the industry as well as an overview of what is coming in the market. An interesting article encompassing these findings was recently published in the Private Banker International written by the CIO at Lloyds summarising some interesting points:
Banque Travelex selected FMS.next to manage their banking operations
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Banque Travelex S.A., based in Paris, selected FMS.next as its core banking system to offer banking services to the French market. FMS.next was selected among top international banking platforms to become the backbone of Banque Travelex, integrating different components of the bank’s infrastructure. Through its modular design and modern technology FMS.next allows for easy scalability as the business grows and diversifies, delivering the same level of flexibility for both Travelex and the group’s affiliates and partners.
The 'disruptive’ trends of crowdfunding
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Marketplace Lending, Crowdfunding and Peer-to-Peer Lending have evolved tremendously over the past decade when the first crowdfunding business was launched. The past year brought the ‘disruptive’ collaboration trend of crowdfunding platforms with banks and insurance firms. Recently published on 'banking exchange' “Marketplace lenders enjoyed explosive loan growth in 2015, …, with more joint ventures expected in 2016.”
Rasmala selected IMSplus to advance its operations
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Rasmala, a London-headquartered independent investment manager, selected IMSplus to experience the operational efficiency, flexibility and competitive approach across their investment management transactions.
Axia as a Wealth Management front-end ready-to-use in its latest version
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Axia, the cloud-based wealth management solution, offers a uniquely designed presentation layer, a front-end integrating with any back-end wealth management system. The front-end environment includes an out-of-the-box dashboard with numerous panels, layouts and widgets, client onboarding, CRM and advisory tools, as well as many portfolio and document management functionalities which enable Wealth Managers to quickly and securely deploy a modern application for both their internal users and their clients that can run virtually on any computer or device using a web browser.
Fiduciam selected the FMS.next marketplace lending solution
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Fiduciam, a fast-growing London-based alternative lender, selected FMS.next, a banking software suite, to effectively manage their lending processes. Following extensive due diligence of software solutions, Fiduciam selected Profile’s FMS.next marketplace lending solution to experience...
A wealth of awards and distinctions for the past quarter
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Profile Software has received a number of distinctions over the last quarter of 2015 and is expecting to increase in 2016 as a result of its continuous product enrichments with innovative features and utilising technologies for the new era, such as cloud and mobile that are incorporated in its platforms.
Supporting industry events in Europe, the Middle East, Africa and Asia
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Profile Software supports its international operations with its participation in key regional industry events to present its innovative and award winning offering in key markets. For the past quarter, Profile supported with its presence the Indonesian Wealth Management Forum in Jakarta, the Annual Banking Technology Summit, in Egypt, the BankTech Investment Banking, in Malaysia, the Retail Banking Forum in Austria, and...
Articles and news feed
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Monitoring industry changes and supporting client interaction, Profile regularly publishes news and articles in key publications as well as in its Linkedin Group page, to provide a perspective of the new market trends for the financial services industry as well as to discuss any new development in its product range.
The growth momentum continues
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Profile Software invests in its global presence with new offices, additional personnel and partnerships as well as new clients. To further enhance its regional presence, Profile Software participates in a number of industry events for the last quarter of 2015, increasing its reach in Africa and Asia Pacific markets.
Wasatah Capital selected IMSplus for wealth and fund management
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Wasatah Capital, a Saudi Arabia based investment company, selected the IMSplus Asset Management solution to effectively manage the full range of their fund and discretionary portfolio management operations.
Challenger Banks & FinTech evolution
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Following the recent KPMG report on UK Challenger banks “The game changers” one of the interesting insights presented is that technology will play a significant role to the development and competitive advantage of each bank provided they are focused on cost and differentiation. “The future of Challengers is technology” is mentioned as one key highlight. Download the report
Enhanced functionality in IMSplus 2.4
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IMSplus in its latest release 2.4 incorporates a set of new features and enhanced functionality to cater for the changing market requirements and automate the Asset and Wealth Managers’ tasks. In particular, IMSplus has been enhanced both in terms of functionality and integrations...
Profile's competitive offering on crowdfunding
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Alternative Finance and funding models such as crowdfunding, online marketplaces, crowd investing and crowd lending are gaining an exponential growth across the world, and the numbers are expected to triple in 2015. A robust technology solution is required, along with a clear view and understanding on the crowdfunding platform’s strategic goals, in order to ensure a successful business in this industry.
Axia’s alternative deployment capabilities
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Axia, the web-based omni-channel solution for wealth management, incorporates a powerful and intuitive front-end that provides easy integration with any back-end system offering 24/7 access, easy navigation and easy-to-use interface, on any device.
Islamic Finance evolving
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FMS.next, Profile ’s Banking platform, incorporates a powerful and reliable Islamic Banking and Finance solution that effectively meets the needs of the industry for flexible, robust and reliable systems. The solution can accommodate the needs for creating and presenting new products and services to the market quickly while including management of these products and compliance mechanisms to serve operations according to Shari’a rules & standards.
Awards & Distinctions
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Profile Software has been once again nominated by the Hedge Fund awards for a technology provider award as well as for the Category “Best P2P Lending Platform” and “Best Wealth Management Solution Provider” by the International Finance Magazine.
In addition, it has been shortlisted as the only technology firm in all three related categories for “Portfolio Management,” “On-boarding” and “Innovative Client Solution”...
Inclusion in Industry reports
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Profile Software has been included in a series of industry reports evaluating international players such as Aite and Celent with most recent being the recent Celent’s Portfolio Systems 2015: A Front to Back Look At Asset Management Systems in the New Age and the upcoming Celent’s 2015 Portfolio Systems Catalogue.
Profile Software's New Branding!
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Having completed 25 successful years in the industry, it was the right time for Profile Software to change its 'image' to reflect the modern, innovative and forward-thinking culture of the company, as this is becoming apparent through its new product range for the Financial Services Industry.
A powerful Client Onboarding solution in Axia
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Profile Software’s Axia, the web-based front-to-middle wealth management solution, includes a pioneering yet extremely flexible client onboarding module to enable financial advisors, wealth managers and private banking relationship managers to increase their productivity and enhance their services.
Profile Software expands its international footprint - new countries and clients
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Profile Software’s award-winning investment management platform, IMSplus and mobile wealth management solution, Mobius Wealth were further enriched over the past quarter and were selected by a number of new firms in Europe and the Middle East.
FMS.next for Risk Management & Collections
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Profile Software organised a thought leadership and provoking half-day event in South East Europe, with the support of the local authorities aiming to inform banking executives on the new solutions available for Risk Management and Collections. In particular, the sessions were entitled “Collections Strategies: Best practices and considerations, from Empirical Approach to Risk Based Collections” and “Credit Risk, and Best Practices for project implementation”.
IMSplus Family Office: Flexibility, Rich functionality, Comprehensive monitoring
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Profile Software’s flagship solution IMSplus effectively covers the needs of modern Family Office wealth management operations. IMSplus can automate the day to day operations of all assets, prepare cash flow projections and facilitate consolidated reporting as well as detailed information for each investment portfolio.
Profile Software's half year highlights of awards
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Profile Software, capitalising on its new product developments and enhancements, has been accredited with industry awards while being honoured to host intriguing events and closing new business for its competitive product range, for the first half of the year.
Elevate Capital went live with FMS.next P2P Lending
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Elevate Capital Ltd, a UK based firm specialising in real estate crowdfunding has selected and went live with the FMS.next P2P Lending solution to manage its newly launched real estate crowdfunding operations.
An expanding partner network
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It is with great pleasure to announce that more companies have joined Profile Software’s international partner network. partnershipThe company welcomes established and well-known IT integrators in the countries of Bahrain and Luxembourg as well as an international Middle Eastern based firm to represent, market and support its award-wining solutions, locally, thus increasing its presence in more regions in Europe and the Middle East.
Profile Software present at leading industry events
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Over the past quarter, Profile Software participated in a number of industry specific events for the wealth management industry presenting, among others, its new solution – Axia.
eNewsletter Spring 2015
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The Spring eNewsletter features the new developments in Profile Software’s key product range including the launch of “Axia”, the new Cloud-based investment management solution, the recent implementation of the core banking solution FMS.next which has gone live in a branch of a UK-based international bank, the company's presence in major industry-specific events including its own annual event in Geneva, and additional key industry distinctions and awards received.
eNewsletter Winter 2015
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The Winter eNewsletter features the new developments in Profile Software’s key product range. That includes the enrichment of the FMS.next banking platform with functionality for primary and secondary markets when utilising the FMS.next P2P Lending solution. IMSplus, the investment management system is presented with new features to enable faster and more efficient operations for IAMs and IFAs. Furthermore, It includes news about the company's expanding its partners’ network and staff in specific territories, supporting local industry events such as AltFi, Middle East Insurance Forum.
eNewsletter Autumn 2014
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The Autumn eNewsletter features Profile Software's product's further upgrades, including the IMSplus Insurance Investment Management solution which has been selected by a number of well-known international and regional Insurance firms, Mobius Wealth, news about the growing sector of P2PLending/Crowdfunding platforms, and the company's new business expansion plan. Furthermore, Profile Software showed a high score in the CELENT’s European Wealth Management Vendors Report and been distinguished for its excellence in Wealth Management deliverables.
Axia for Fund Mgmt @ 3KIP
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3K Investment Partners, an independent mutual fund management firm, selected Axia for its fund and wealth management operations to run on a single platform efficiently supporting all of its investment activities in a fully automated environment.
eNewsletter Summer 2014
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The Summer eNewsletter features Profile's Software new product enhancements, such as the enrichement of its IMSplus Asset Management solution with new features tailored to Family Office operations, and the implementation of its solutions for mobile, web banking and wealth management by a well known Swiss Private bank. Furthermore, it features the new partnership announcement with AiM Services in the 16th JSB, Geneva, and its own UK alternative banking sector event in London “Meeting the Competition Challenge with Alternative Banks and Banking Models” in association with Tusmor.
eNewsletter Spring 2014
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The Spring eNewsletter features Profile Software's 2nd annual meeting for Private Banks and IAMs in Geneva where exciting new products for the Swiss market were presented, the launch of the the new independent mobile app for wealth management operations Mobius Wealth, as well as the new Real-Time market data & analytics, Plexus. Furthermore it includes the latest development on Peer-to-Peer Lending, Profile Software's FMS.next P2P Lending, which combines the robustness of a banking platform with the investment management mechanism to meet the increasing needs in the sector and accommodate loan-based, investment based as well as equity crowd-funding. Read also about the "Business Innovation award" and other industry recognition for the company.
eNewsletter Winter 2013
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The Winter eNewsletter features new about the banking organisations in Europe changing shape, Profile Software's new release of IMSplus Mobility application which enables wealth management organisations to use a natively developed, modern mobile application with any 3rd party investment management platform, and the implementation of IMSplus live at ERGO Hellas – Insurance as well as of FMS.next universal banking platform at Credins.
eNewsletter Autumn 2013
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The Autumn eNewsletter features Profile Software's latest addition to the FMS.next Universal Banking suite, aiming at meeting the requirements of P2P lenders for the retail and SME sector, FMS.next P2PLending. News about the changing landscape in the wealth management industry and how the company's flagship product IMSplus has been enriched to accommodate the latest market trends and country regulations. Furthermore, developments in the company's complete platform for the modern trader and investor GS Market, awards, and Harvard Business Review News.
eNewsletter Summer 2013
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The Summer eNewsletter features Profile Software's product developments, such as the launch of the FMS.next Universal Banking on a new technological platfor offering an exciting, modern, flexible and easy to navigate user interface to Bank users. Furthermore, news about the company's own short afternoon event for the Wealth management industry in the UK on 20 June 2013 and its own event for the Investment Management firms in the MENA region, at the Grand Hyatt Hotel Dubai. Also, Profile Software has been awarded the “GoodAccredited Standard 2013” by Goodacre UK.
eNewsletter Spring 2013
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The Spring eNewsletter features Profile Software's new product developments, such as FMS Islamic Banking solution which enables banks to effortlessly provide the required services covering all Islamic banking operations as well as IMSplus’ flexible financial reporting services, coupled with its built-in Compliance engine. Furthermore, read about the establishment of its Swiss-based subsidiary “Profile Software (Suisse) S.A.” and the “Business Innovation” award received.
eNewsletter Autumn 2012
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The Autumn eNewsletter features the launch of the FMS.next Financing solution, an enhancement of Profile Software's FMS Universal banking platform to automate and streamline Financing operations, as well as IMSplus's flexible KYC, Compliance and Risk Control tools which can be incorporated into the Financial Institutions’ existing or newly adopted procedures and the introduction of GS Mobile Trader, the latest development on the GS Market platform. Furthermore, read about how Profile Software is is committed to a sustainable business model supporting organizations and activities that positively contribute to the society.
eNewsletter Summer 2012
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The Summer eNewsletter features the development of the The FMS.next Collections Solution which is comprehensively addressing the needs of Financial Institutions requiring an advanced tool for managing their Collection operations, about Profile Software's expansion and opening of an office in London, as well as the sponsorship the Financial Times and Investor Chronicle Wealth Management Awards that took place on May 17th.
Newsletter 2008 - edition 20
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Print version of the annual Newsletter of Profile Software, providing a summary of events, new products and partnership for the year
Newsletter 2007 - edition 19
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Read more on Profile Software development, events, partners and presence
Newsletter 2006 - edition 18
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The latest news by Profile Software for the first half of the year
