Security KAG has implemented XENTIS by Profidata

Urdorf, Switzerland - 19 December 2014

Security Kapitalanlage AG (Security KAG), Asset Manager of the Grazer Wechselseitige Versicherung AG decided for XENTIS, the investment management system of Profidata Group (Profidata).

Security KAG has implemented XENTIS as the central asset management tool to support increasingly complex market demands for efficient management of investment funds. This decision was significantly influenced by the front- and middle-office functionality provided by XENTIS. Security KAG was particularly impressed with the simplified representation of the overall investment process, the production of investment proposals and the automated execution of ex-ante and ex-post limit value tests in accordance with investment fund and pension law. Furthermore, the integration of configurable order workflows and approval procedures is essential.

'With the ability for economical and performance-based management of our customer’s funds, XENTIS is the most suitable system for Security KAG. In future, manual tasks and their potential risks can be reduced to a minimum. Also, it was important to us to find a competent and reliable business partner in Profidata Group,' comments Mag. Dieter Rom, Managing Director of Security Kapitalanlage AG, the company’s decision. 

'We were able to demonstrate to Security KAG that XENTIS meets the functional and technical requirements of a modern investment management system,' says Peter Klein, Member of the Management Board of Profidata Group, welcoming another customer from Austria. 'With Security KAG as a new reference customer, the Profidata Group is able to strengthen its market position in Austria.'