Press releases
Axxion and navAXX go live with XENTIS DirectOrder
With the successful launch of XENTIS DirectOrder (XDO), Axxion subsidiary navAXX S.A. is consistently pursuing its digitalisation strategy and deepening its long-standing partnership with the Profidata Group.
Zurich, 18 March 2022 | As a web application, XDO enables both fund managers and advisors at Axxion S.A. and external clients of navAXX to track the lifecycle of orders placed for fund portfolios in real time, anytime and anywhere. Thomas Spinner, Managing Director responsible for Fund Operations and IT/Org at navAXX S.A., is delighted with the successful implementation of XDO: "As a native cloud solution, XDO integrates seamlessly into navAXX's existing system landscape. It offers Axxion business partners the best possible user experience, as all that is required to use XDO is a current web browser and an active internet connection. With this new, web-based platform for transmitting investment recommendations, we offer fund initiators in the advisory business an interactive, modern and user-friendly interface."
Andreas Funk, Branch Manager at Profidata Luxembourg, is delighted with the positive response to XDO, Profidata's latest product development, among existing XENTIS customers in Luxembourg and beyond. He confirms that the company intends to continue investing in this area. "With XDO, we are offering the first of several lean web applications currently in planning and development. These applications use state-of-the-art technologies to focus on a very specific use case in order to implement it as efficiently and user-friendly as possible for our customers."
"In Profidata, we have a reliable provider who understands our business model and provides us with powerful, economically attractive software solutions that automate the investment and advisory processes as far as possible and support them in a resource-efficient manner. This gives us the freedom we need to focus on our business partners and core tasks."
As a central administrator with PSF authorisation from the Luxembourg supervisory authority and headquarters in Grevenmacher/Luxembourg, navAXX S.A. covers a wide range of products in the field of fund administration and IT business. navAXX is a wholly owned subsidiary of Axxion S.A.. Axxion is one of the leading bank-independent service providers for the administration of private label funds for asset managers, family offices and institutional fund initiators. Founded in 2001 and headquartered in Luxembourg, the company is owner-managed and administers nearly 200 public and special funds in Luxembourg and Germany.
Contact
navAXX S.A. – Thomas Spinner, Managing Director
+352 / 27173 710, t.spinner@navaxx.lut.spinner@navaxx.lu, www.navaxx.lu
Axxion S.A. – Jennifer König, Head of Marketing Service
+352 / 769494 602, marketing@axxion.lumarketing@axxion.lu, www.axxion.lu
Profidata Group
Founded in Switzerland in 1985, the Profidata Group offers standard software solutions for investment and wealth management. This offering is complemented by a rapidly growing, broad range of services in the areas of software as a service, consulting, implementation, training and support. Profidata is headquartered in Urdorf near Zurich. The company has offices and representatives in Frankfurt am Main, Saarbrücken, Luxembourg, London and Singapore.
Questions regarding this press release will be answered by
Dr Frank Jenner
Management
Profidata AG
Bändliweg 30
8048 Zurich
Switzerland
+41 44 736 47 47
frank.jenner@profidata.com
www.profidata.com
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