In the first half of 2008, financial institutions in no fewer than four countries signed agreements for the leading XENTIS investment management software from Profidata.

In Luxembourg, one of the leading custodian banks gave the green light to roll out XENTIS following a preliminary project. In Germany, a number of renowned capital investment companies have significantly expanded the scope of their licence agreements.

The Federation of Migros Co-operatives in Zurich has begun to introduce XENTIS for its pension fund, one of the largest in Switzerland. In addition, Raiffeisen Zentralbank Österreich AG in Vienna has decided to use XENTIS, having carried out an in-depth evaluation. After rolling out the system across the group, XENTIS will also be used for services for external investment companies and custodian banks in Austria as well as Central and Eastern Europe.

XENTIS is a leading, modern and truly integrated investment management system. With its pioneering architecture, XENTIS is setting new industry benchmarks in terms of flexibility for the user as well as range of functions and sophistication. The software offers full straight-through processing support for front, middle and back offices. XENTIS is robust, fast and scalable thanks to efficient technology. Furthermore, the success of XENTIS is also based on its strong user group.

Profidata Group is a Swiss software company founded in 1985. Its head office and sole development centre are located in Urdorf near Zurich.