Urdorf, 23 July 2014 | A renowned German capital management company (KVG) has chosen the XENTIS investment management system to administer its funds and mandates. The range of functions and user-friendliness of XENTIS, as well as the efficiency of the Profidata Group (Profidata) in implementation projects, convinced both the management and the specialist departments of the KVG. With the addition of another asset manager, Profidata is consolidating its position as a leading service and software provider to the fund industry.

XENTIS was chosen in particular because of its integrated front-to-back functionality, its accurate and timely mapping of regulatory requirements and its low operating costs compared to its competitors. The KAG will use XENTIS as its central platform for the management, administration and accounting of funds and mandates. It was crucial for the company to choose a system in XENTIS that offers the flexibility to not only implement future market requirements but also expand new business areas in the shortest possible time.

Christian Widmer, CEO and Chairman of the Board of Directors of Profidata Group, explains: "This success confirms XENTIS as the optimal solution for the management of capital investments. The arguments in favour of XENTIS are convincing: powerful range and depth of functions, modern architecture, high quality and real cost efficiency."

The Profidata Group develops investment and wealth management software for financial service providers. Over 70 customers in Europe use the XENTIS and e-AMIS software products developed by the company, which was founded in 1985. The headquarters and development centre are located in Urdorf near Zurich. Services such as system implementation, training and support are provided from Switzerland and offices in Frankfurt am Main, Saarbrücken, Luxembourg, London and Vaduz.

Questions regarding this press release will be answered by

Peter Klein, Management
Profidata Group
In der Luberzen 40
8902 Urdorf
Switzerland
Phone +41 44 736 47 47
peter.klein@profidatagroup.com