Following a one year implementation program, the XENTIS Investment Management System of Swiss software provider, Profidata Group, has been operational at Lombard International Assurance S.A. (Lombard) in Luxembourg since the middle of July 2013. With XENTIS, Lombard manages the unitlinked investment solutions of their high net worth clients and offers a sophisticated range of services which take complex customer demands and the rise of high data volume into account.
Eric Lippert, CIO of Lombard, is impressed by the new Middle and Back Office platform: ‘This project is a significant milestone in the implementation of our strategic development plan. Thanks to the partnership with Profidata, Lombard was able to migrate and replace the multiple satellite systems previously used to XENTIS, on time and within budget. These results are tangible proof that Profidata is a flexible and reliable partner’.
Bernard Denis, Head of Fund Accounting at Lombard holds a similar view: ‘XENTIS has consistently demonstrated its capability to meet our requirements throughout the course of the implementation project. There are currently over 100 users, all of whom appreciate its user-friendliness, flexibility and process automation which ultimately result in significantly enhanced service quality for the benefit of our partners and clients’.
‘We welcome the excellent business relationship and collaboration with Lombard. This project once again underlines the capacity of XENTIS to cover the extensive requirements of an internationally operating financial service provider’, says Peter Klein, member of the Profidata Group management board. ‘Reliance on the software is absolutely essential for innovative insurance companies such as Lombard to implement new business models efficiently with little effort, meet changing market conditions and respond accordingly to legal requirements’.