Profile: Axia Suite 2.1 released with new functional features

15 February 2019

Profile Software, an international financial solutions provider, announced today the launch of its recently enhanced Axia Suite release 2.1 that delivers advanced investment management, compliance and reporting capabilities.

Axia Suite is Profile’s leading omni-channel and web-based investment management solution that fully supports the operations of Wealth Management, Asset & Fund Management, Custody Services and Robo-Advisory on the same platform and through a single data model. The platform accounts for an increasing number of implementations globally and is continuously being recognised by well-known industry analysts.

Axia Suite has now been enriched with new functionalities for risk management & compliance. Specifically, enhancements focus on creating better user experience across operational and compliance-related tasks that would automate processes and reduce (operational) risks. Latest features include additional user-defined, flexible and advanced limits as well as compliance rules for internal investment management and regulatory (compliance) purposes, respectively. Rules defined apply both tο pre-trade and post-trade activities. The user can group rules, setup logical formulas and check against actual or potential breaches of limits. Axia Suite also offers pre-configured compliance rules libraries accommodating specific regulations like UCITS, MiFID II, etc.

Furthermore, Axia Suite release 2.1 introduces sophisticated reporting features with new fund fact sheet visual design capabilities that provide significant flexibility to report building. Once ready, a fund fact sheet can be automatically generated on regular or pre-defined time periods. Moreover, the ‘fees management’ functionality has been enriched with daily accrued calculations, fees splits and rebates. The solution also includes enhancements in the Accounting module, with new reports, market data import tools, alert types, etc. In the upcoming releases, amongst others, Axia’s investment strategies and rebalancing modules will be enriched with additional trading tools and simulations, while new credit and financing functions will also be available.

As part of Profile Software’s product investment plan, that includes an allocation of more than 20% of its annual revenue to R&D, Axia Suite is continuously being enhanced to proactively respond to the evolving market needs, providing a modern and fully automated system for the investment management industry of tomorrow.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development