Corporate news

Profidata acquires majority stake in Arkus Financial Services

London

Profidata Group AG acquires a majority stake in Arkus Financial Services S.A., Luxembourg (Arkus) from its parent company Independent Risk Monitoring Ltd, London (IRML).

Urdorf, 20 February 2020 | The Profidata Group is a Swiss provider of front-to-back investment and asset management software solutions and services for the financial industry. It is headquartered in Zurich and has offices and representative offices in Frankfurt am Main, Saarbrücken, Luxembourg, London and Singapore.

Arkus is a Risk as a Service provider of portfolio monitoring solutions for the asset management industry. In collaboration with Profidata and its development teams, Arkus will expand its current range of services and further develop its risk monitoring solutions for private equity and real estate funds. Arkus will continue to operate under its own name under the majority shareholder Profidata and expand its current joint venture initiatives in Paris with Rsquare and in Dublin with Bridge Consulting Ltd.

"Profidata brings outstanding experience in the investment management solutions market and significant expertise in IT development to Luxembourg. Together with Profidata, Arkus will expand its product offering and market presence in Europe. I am delighted that Profidata and Arkus will form a strong partnership," said Mr. Yves de Naurois, Chairman of the Supervisory Board of Arkus and IRML.

"The portfolio monitoring solutions offered by Arkus for the asset management industry ideally complement Profidata's current range of leading investment management solutions and services."

Christian Widmer, CEO of the Profidata Group

Founded in Switzerland in 1985, the Profidata Group offers software solutions for investment and wealth management as well as services for financial service providers. Its headquarters are located in Urdorf near Zurich. The company has branches and representative offices in Frankfurt am Main, Saarbrücken, Luxembourg, London and Singapore.

Questions regarding this press release will be answered by

Dr Frank Jenner
Management

Profidata Group
In der Luberzen 40
8902 Urdorf
Switzerland
+41 44 736 47 47
frank.jenner@profidata.com
www.profidata.com

CONTACT

Do you have any questions or comments?

Our experts will advise you in detail and are available at any time for a personal consultation.

Contact

Newsletter

Sign up for our newsletter

We inform you about new releases, upcoming events and important updates about the Profidata Group.