A German investment management company has decided in favour of the XENTIS investment management system for the administration of its funds and mandate.
XENTIS’ extensive range of functions and ease of use as well as Profidata Group’s (Profidata) efficiency in system implementations convinced both management and personnel in the operating departments of the company. Winning a new asset manager consolidates Profidata’s position as a leading service and software provider in the fund industry.
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XENTIS particularly impressed with its integrated Front to Back functionality, precise and prompt implementation of statutory requirements and low operational costs compared to key competitors. The company intends to use XENTIS as its central platform for the management, administration and accounting of funds and mandates. It was paramount for the company, that XENTIS is flexible enough to permit both the implementation of future market requirements and seamless development of new business areas in the shortest time to market.
Christian Widmer, CEO and Chairman of the Profidata Group, appreciates the news: ‘This acquisition again confirms that XENTIS is the preferred solution for investment management. The powerful functional depth and breadth, modern architecture, together with high quality and veritable cost efficiency are indeed highly persuasive arguments that speak for XENTIS’.
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By GlobalData
