Forte Fondsforvaltning AS is now using the competitive Cairo Asset Management solution, as part of the Centevo Suite, to automate and streamline their operations.
Oslo, 18 October 2022: Profile Centevo, a leading Asset and Fund Management software provider in the Nordics and member of Profile Software, has announced today that Forte Fondsforvaltning AS has incorporated the Cairo Asset Management solution, as part of the Centevo Suite, to enhance their Fund Management operations. The flexible and new front-end asset management solution shall further automate, streamline and contribute significantly to the effective management of their Asset and Fund Management operations whilst achieving compliance control.
Forte Fondsforvaltning AS is an independent fund management company based in Trondheim, Norway, managing five mutual funds (within equities and fixed income funds) to the institutional and private markets. It is owned by 3T-Produkter AS and employees and has a license for active management and investment advice. The company aims to become a strong national player in the mutual fund industry by creating high risk-adjusted returns for clients through a unique and flexible investment path.
In the effort to fulfill its mission and ultimate goals, the company shall expand their system stack from the existing Fund Services Transfer Agency (TA) functionality to also include the Cairo Asset Management solution and the new end-client portal. The latter service shall offer end clients with a clear overview of their investments, a secure channel to receive encrypted information and a straightforward platform for fund trading.
Mr. Egil Matsen, Managing Director of Forte Fondsforvaltning AS says that “we are proud to be working with Profile Centevo, a leading company in the industry, which is comprised of a team of high-caliber professionals who have been at the forefront for years by offering technological innovation and ground-breaking solutions. The new embedded solution of Profile Centevo shall allow us to streamline our operations and generate substantial excess returns beyond the benchmark indices”.
Mr. Svein R. Borgesen, Managing Director of Profile Centevo (Norway) mentions that “Forte Fondsforvaltning AS is a well-promising fund management company that has promptly identified their need for digital transformation. By embracing modern technology, the company shall run their activities with agility, covering in an optimal manner their investment and fund management requirements. The speed and quality of the onboarding project mark a significant milestone as Profile Centevo’s experienced team has onboarded Forte Fondsforvaltning AS in record time – comparing to the industry average”.
About Profile Centevo
Profile Centevo, (www.centevo.se) a member of Profile Software, is a leading provider of asset and fund management solutions in the Nordics. Offering independent, cloud-based, fully integrated investment solutions, Profile Centevo helps Asset Management companies as well as Fund Managers and Banks in the Nordics to accomplish their business goals, bringing technological innovation and ground-breaking solutions.
About Profile Software
Founded in 1990, Profile Software (www.profilesw.com) is a specialised software solutions provider with offices in key financial centres and a presence in 45 countries across Europe, the Middle East, Asia, America and Africa, delivering market-proven solutions to the Investment Management and Banking industries. Profile Software is recognised as an established and trusted partner by international industry specific advisory firms. Profile Software’s solutions enable organisations to align their business and IT strategies, whilst providing the necessary business agility to proactively respond to the ever-changing market conditions.
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