Hauck & Aufhäuser Investment Gesellschaft S.A. (HAIG) in Luxembourg chooses […]
Hauck & Aufhäuser Investment Gesellschaft S.A. (HAIG) in Luxembourg chooses the XENTIS investment management software from Profidata
At the end of December 2009, HAIG licensed the fully integrated investment management system XENTIS from Profidata. The decision in favour of Profidata and XENTIS is the result of a thorough selection process in which various solutions were evaluated.
Jürgen Maximini, Managing Director of HAIG, had this to say about the decision in favour of XENTIS: “Our customers and the market are demanding an ever-higher quality of fund administration services, thereby necessitating the implementation of an efficient and flexible system platform. Our requirements for a software solution are equally high. XENTIS won us over with its extreme flexibility and comprehensive functionality. It is just as important to us to launch an efficient implementation project with calculable risks. We therefore value the fact that Profidata provides an experienced team in Luxembourg to deal with all of the project and software issues. Furthermore, the modern, fully integrated architecture of XENTIS makes project work easier and the underlying Luxembourg best practice parameterisation offers added security.”
The user-friendliness of XENTIS and the ability to make adjustments and react to new requirements quickly made the decision for HAIG easy. A further important factor in the selection is the reliability of Profidata. According to the 2009/2010 Systems Survey from KPMG Luxembourg, Profidata’s XENTIS product achieves the highest level of customer satisfaction with fund administration in the Luxembourg market. The implementation project and fund migration should be completed by summer 2011.