The Profidata subsidiary presents its portfolio on a fresh, customer-focused website at abraxas.de/en, reinforcing its position as a specialist in investment operations. The new website also reflects the closer collaboration across the Profidata Group, bringing together specialist expertise, software solutions and services to support financial institutions across the entire investment value chain.

As part of the relaunch, abraxas has also refined its product names. The existing solutions now have new names that more clearly reflect their respective areas of application:

FundLine-R → FundLine FC – Fees & Commissions

FundLine-S → FundLine TA – Transfer Agency

RiskLine → QuoteControl – Market Data Management

The new product names make the portfolio easier to navigate and provide a clear foundation for positioning the solutions in the market. Existing clients will continue to benefit from the proven functionality they know and rely on, while abraxas continues to expand its offering with new features.

Two recent enhancements illustrate how the company is responding to evolving market requirements: FundLine FC now also supports commission processing for cryptocurrencies and precious metals, while FundLine TA provides additional functionality for processing alternative investments.

“The investment landscape is becoming increasingly diverse, making operational processes more complex,” explains Daniel Schaum, Managing Director of abraxas. “With the latest enhancements to FundLine FC and FundLine TA, we enable our clients to integrate new asset classes and complex fund structures into their system landscape. Our objective is clear: to provide solutions that meet our clients’ real-world requirements and evolve alongside their business.”

A closer look at cryptocurrencies, precious metals and alternative investments

Cryptocurrencies and precious metals are becoming an increasingly important part of the product offering of banks and other financial institutions. This creates new requirements for calculating and allocating fees and commissions. abraxas has supported the automated processing of fees and commissions for securities transactions and portfolios for many years. FundLine FC now extends this functionality to transactions involving cryptocurrencies and precious metals.

Financial institutions can therefore calculate and allocate fees and commissions for these asset classes within their existing environment, without the need for separate settlement solutions or additional manual processes. For clients, this means greater flexibility to expand their product offering while continuing to rely on their established fee and commission management processes.

abraxas is also continuing to expand its capabilities in alternative investments. Private equity, real estate and ELTIF funds come with specific requirements for managing investors, capital commitments and cash flows. FundLine TA now supports the processing of commitments and capital calls, enabling financial institutions to manage investor commitments and the resulting capital calls directly within the solution.

At a glance: abraxas solutions

QuoteControl: Reliable market data and market-driven valuations

QuoteControl sources, verifies and consolidates quotes, prices and reference data from multiple providers and makes them available to connected downstream systems. Its expert system combines statistical methods, artificial intelligence and rule-based checks to determine market-driven prices and reduce manual valuation workloads by up to 90 per cent. The solution helps financial institutions meet regulatory requirements and integrates seamlessly with existing system landscapes, including XENTIS and Avaloq.

FundLine FC: Automated fee and commission management

FundLine FC automates the calculation, settlement and administration of fees and commissions – from data import and contract management to payment and invoicing. More than 16,000 calculation methods support complex remuneration models, including portfolio and distribution commissions, fund and custodian fees, as well as transaction-based remuneration. The solution supports the collection, payment and onward distribution of commissions, while ensuring transparent and traceable processes through detailed calculations and multi-stage approval workflows.

FundLine TA: Order and register management for transfer agents 

FundLine TA supports transfer agents throughout the entire order lifecycle – from order entry and validation to execution, settlement and audit-proof register management. The solution takes into account fund-specific rules, cut-off times, valuation dates and liquidity management requirements. FundLine TA is available as a SaaS or on-premises solution and can be integrated into existing IT environments. Combined with XENTIS, it enables fund administration and transfer agent processes to be seamlessly connected.

With its new website, clearly defined product names and latest enhancements, abraxas is strengthening its position as a specialist in investment operations while contributing to the Profidata Group’s increasingly integrated portfolio of solutions and services.

Discover the new abraxas website and explore its solutions at abraxas.de/en.