Press releases
Evangelische Bank is switching to Xcloud
Evangelische Bank is moving to the ISAE 3402-certified Xcloud with Profidata.
Frankfurt am Main, 24 February 2023 | The experts at Profidata Managed Solutions provide Evangelische Bank with optimally tailored IT infrastructure components for the systems it has been using for several years. The investment management software XENTIS maps the entire custodian business of Evangelische Bank. All processes, such as fund accounting, portfolio reconciliation and investment limit checks, are integrated, coordinated and digitised in XENTIS.
Evangelische Bank successfully uses xpass to automate order processing. The focus here is on digitising incoming processing and fully automating everything from validation and enrichment to successful posting to external systems.
"With the migration to Xcloud, we have succeeded in optimising our IT processes and achieving immediate, positive cost benefits. In view of the number of external IT service providers involved, we decided to commission itechx GmbH with project support and coordination. This decision proved to be a key factor in the successful completion of the project."
"With Evangelische Bank, the first long-standing xpass customer has decided to operate in Profidata's Xcloud. We are delighted about our customer's strategic move to use Profidata's private cloud in the future. This fits perfectly with the strategy of the Profidata Group and itechx," reports Tina Hofmann, Managing Director of itechx GmbH.
Richard Kauppert from Profidata Managed Solutions adds: "Our mission is to provide the optimal operating environment for the services and products of the Profidata Group. A modern, cost-efficient solution that complies with the diverse regulations of the financial industry is essential for our customers. We are particularly pleased when our offering convinces existing customers and would like to thank them for the trust they have placed in us."
Evangelische Bank
Evangelische Bank is a value-oriented financial partner with Christian roots. Together with its customers in the church and diaconal ministries as well as in the health and social sectors, it works to create a sustainable society worth living in. To achieve this, the bank draws on its excellent industry expertise and offers comprehensive financial solutions for the church, diaconal and social sectors. With total assets of €8.38 billion, Evangelische Bank is one of the largest church banks and cooperative institutions in Germany. For more information, visit: www.eb.de
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 Zurich. The company has offices and representative offices in Frankfurt am Main, Saarbrücken, Luxembourg, London and Singapore.
Questions regarding this press release will be answered by
Richard Kauppert
Managing Director
Profidata Managed Solutions AG
Stephanstrasse 3
60313 Frankfurt
+49 69 297 28 95 0
richard.kauppert@profidata.com
www.profidata.com
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