Urdorf, 11 July 2014 | Independent PMG Fonds Management AG (PMG) has opted for the XENTIS investment management system from Profidata Group (Profidata). The Swiss fund management company is relying on XENTIS cloud (Xcloud), Profidata's service for financial services companies looking to outsource their IT operations.

XENTIS will be used by PMG as the central application for the management, accounting and control of the net asset values (NAVs) of investment funds. The NAVs calculated daily in XENTIS are published via PMG's Internet portal. Other key features include the processing of corporate actions and fee calculation. The supply of securities master data and market data to XENTIS is also included in the scope of services provided by Xcloud and is carried out via the interface to SIX Financial Information. XENTIS is used to generate not only annual reports but also customer reports. PMG users can use the integrated query module for individual data queries. The system is available to PMG as a hosted solution in a data centre that complies with the requirements of the Swiss Financial Market Supervisory Authority FINMA.

"Three criteria were decisive in favour of Xcloud: XENTIS is flexible and can therefore be adapted to our requirements within a very short time, Profidata's employees understand our business and thus our needs, and Profidata's comprehensive range of services is economically attractive," says Dr. Raoul Dobal, member of the Executive Board of PMG Fonds Management AG, explaining the decision.

Peter Klein, member of the Executive Board of Profidata Group, comments: "We are delighted that PMG is another Swiss fund management company that has been impressed by XENTIS and is taking advantage of our Xcloud service. With Xcloud, Profidata offers a new type of service that allows financial service providers to use professional and proven investment management software without having to invest in their own IT resources."
PMG is one of the few truly independent fund management companies in German-speaking Switzerland. Independence is important to PMG, as is the fact that it provides all relevant services in-house in Switzerland wherever possible. This enables it to respond to individual requirements while meeting the highest quality standards. For its clients and investors, this means that they can concentrate on their core business – investment advice and client service.

PMG's shareholders comprise the management team and renowned entrepreneurs and companies from the Swiss financial sector. Its clientele consists of small to medium-sized, mostly long-established asset managers, private banks, asset management companies and family offices.

Further information is available at www.pmg-fonds.chwww.pmg-fonds.ch.

Profidata Group

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 by
in Switzerland and its offices in Frankfurt am Main, Saarbrücken, Luxembourg, London and Vaduz. Xcloud is the hosted alternative for financial service providers who want to exploit the potential of this service offering on the XENTIS platform for investment management.

Further information is available at www.profidatagroup.com.

Questions relating to this
Press release answered

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