Urdorf, 15 August 2017 | The Profidata Group and Universal-Investment are consolidating their long-standing cooperation in the administration business. Both companies are currently working intensively to prepare XENTIS, Universal-Investment's core administration system, for the challenges of the 2018 investment tax reform. More than 1,000 mutual and special funds are booked and valued by Universal-Investment via XENTIS every day.

The two companies have been working together since 2002. XENTIS was introduced as the core administration system in less than two years. In the years that followed, Profidata has always been a reliable partner when it comes to implementing regulatory requirements and supporting Universal-Investment's dynamic growth.

Bernd Vorbeck, CEO of Universal-Investment, explains:
"Profidata is a strategic partner of our company, with whom we intend to achieve our ambitious goals in the future."

Roger Wildi, CEO of Profidata AG, adds:
"The trusting cooperation and the powerful XENTIS software, which can be flexibly adapted to the requirements of the customer and its business development, are the central building blocks of the joint success story of Universal-Investment and Profidata. We will work intensively to continue to optimally support the growth and success of Universal-Investment in the future."

Universal-Investment is once again one of the fastest-growing investment companies in Germany this year: assets under management have risen by over €25 billion to €314 billion, and Universal-Investment is also one of the fund houses with the highest net inflows in the first half of 2017, at €11.4 billion.

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, Vaduz, London and Singapore.

Universal Investment
Theodor-Heuss-Allee 70
60486 Frankfurt am Main
Germany
Tel.
info@universal-investment.com
www.universal-investment.com

Profidata Group
In der Luberzen 40
8902 Urdorf
Switzerland
Tel.
info@profidatagroup.com
www.profidatagroup.com