Urdorf, 29 March 2016 | Munich-based MFI Asset Management GmbH is relying on the XENTIS cloud (Xcloud) service from the Profidata Group. Xcloud is the hosted alternative for financial service providers who want to exploit the potential of this service offering on the XENTIS platform for managing capital investments. This gives MFI Asset Management access to the proven XENTIS investment management system without having to operate its own IT infrastructure. MFI Asset Management opted for simple and inexpensive access to XENTIS and has successfully implemented Xcloud. The entry-level package already includes the functionalities required by MFI Asset Management, such as portfolio analysis, order management, pre- and post-trade investment limit checks and the generation of standard reports. As the offering also includes services such as data provision, database and interface management, MFI Asset Management can focus fully on its core business. By using a preconfigured best-practice system, which also maintains Profidata's legal investment limits, implementation was efficient and resource-friendly.

Johann Peter Roßgoderer, managing partner of MFI Asset Management, is pleased with the results: "With Xcloud, we have a very powerful solution that is standardised and easy to use. In addition, Xcloud offers us sufficient flexibility to implement our individual requirements. This allows us to significantly optimise our order and investment limit control processes."

Peter Klein, Profidata Group Executive Board, explains: "As a provider of modern software products, Profidata is also continuously expanding its range of related services. Smaller and medium-sized asset managers are also placing ever higher demands on investment management systems, but do not want to maintain their own IT infrastructure due to high cost pressures. Xcloud is therefore the ideal solution."
As part of a reorganisation of the Merck Finck & Co. banking house in Munich, Merck Finck Invest Asset Management GmbH was taken over by the company's employees and has been operating as MFI Asset Management GmbH since 1 January 2010. As a financial services institution licensed and regulated by BaFin, the company has been serving institutional clients from the areas of foundations, pension and provident funds, church institutions, associations, international organisations, and municipal and private companies since 1993. Its successful product range consists of classic active bond management, equity strategies, and forecast-free asset allocation concepts.

Profidata Group

Founded in Switzerland in 1985, the independent Profidata Group develops investment and wealth management software for financial service providers and offers comprehensive services for its XENTIS and e-AMIS software products. The company is headquartered in Zurich and has offices and representatives in Vaduz, Frankfurt am Main, Saarbrücken, Luxembourg, London and Singapore.

Further information can be found at www.profidatagroup.com.

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Peter Klein, Management
Profidata Group
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peter.klein@profidatagroup.com