Profidata's leading XENTIS investment management software successful in four countries in the first half of 2008

15 August 2008

In the first half of 2008, financial institutions in no fewer than four countries signed agreements for the leading XENTIS investment management software from Profidata.

In Luxembourg, one of the leading custodian banks gave the green light to roll out XENTIS following a preliminary project. In Germany, a number of renowned capital investment companies have significantly expanded the scope of their licence agreements. The Federation of Migros Co-operatives in Zurich has begun to introduce XENTIS for its pension fund, one of the largest in Switzerland. In addition, Raiffeisen Zentralbank Österreich AG in Vienna has decided to use XENTIS, having carried out an in-depth evaluation. After rolling out the system across the group, XENTIS will also be used for services for external investment companies and custodian banks in Austria as well as Central and Eastern Europe.

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