Profile Software, an international financial solutions provider, announced today the establishment of “Profile Technologies SA”, a wholly-owned subsidiary that will become a development center in Thessaloniki, Greece with a committed investment plan in excess of €5 mn for the next 3 years. The company has formed a fully functional and optimistic business plan aiming at becoming a model technology firm delivering innovation in Greece.

Profile Technologies is planning to primarily develop new financial software functionalities by utilising modern technologies, deploying the latest trends in Artificial Intelligence (AI), Machine Learning (ML), Robotics Process Automation (RPA) and Blockchain, whilst it is planned to invest in forward-looking technologies such as Augmented Reality for Investment Management and Banking. In addition, the new company is going to undertake parts of the Group’s development functions currently based in Europe (Athens – Nicosia – Paris) and Asia (India) allowing the other departments to focus on specialisation and customer delivery.

Thessaloniki is developing into one of the Greek cities that foster startups and technology firms as an incubator for ambitious young developers and software engineers. Profile Technologies SA intends to hire skilled and experienced professionals from Northern Greece and its universities, further supporting employability in the wider community.

Being committed to developing pioneering and client-centric platforms for the financial services industry as well as the greater business and public sector, Profile is investing in its strategic expansion to meet the market’s evolving needs as well as specific industry requirements, delivering an unparalleled service experience.