21 August 2017
Find out more

Valex selects Profidata Xcloud investment management tech

25 February 2015  |  723 views  |  0 Source: Valex Capital AG

The independent Swiss asset manager Valex Capital AG (Valex) has decided for XENTIS cloud (Xcloud) provided by Profidata Group (Profidata).

Valex joins the growing ranks of financial services providers won over by Profitdata's hosted investment management solution.

One of the key reasons for Valex choosing Xcloud is that it allows its asset management team to model investment processes for pension funds’ collective investments and assets, while at the same time fully complying with internal and external regulations. Valex is particularly impressed by the advanced functionality and the modelling of workflows in the XENTIS modules ‘Order Management’, ‘Investment Compliance’ and ‘NAV Calculation’. On top of that, country rule sets are available for pre- and post-trade compliance checks for both Switzerland (CISO, CISO-FINMA and OPO2) and Luxembourg (UCITS). XENTIS hosting is performed in a data processing service centre that is compliant with both the requirements of the Swiss Financial Market Supervisory Authority FINMA and rigorous data security standards. 

Marcel Hess, CEO of Valex Capital AG, explains the reasons for choosing Xcloud: ‘A high-performance IT system is vitally important for us. XENTIS satisfies all our exacting demands for an efficient and flexible investment management system. Using Xcloud allows us to save resources for IT operation on the one hand and administration on the other hand, enabling us to focus our entire energy on our clients and the day-to-day business. Profidata is supporting the implementation of our business model and is therefore our preferred business partner.’

Peter Klein, a member of the management board of Profidata Group, sums up the benefits for Valex as follows: ‘Using Xcloud gives Valex access to a well-established and efficient investment managment system. By offering ‘software-as-a-service’, our XENTIS solution is an economical alternative that allows small to mid-sized financial services providers to manage their investments in a highly professional way going forward.’

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related company information

Profidata Group

Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.dorsum.euvisit www.worldpaymentsreport.com

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
10342 views comments | 23 tweets | 23 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
8629 views comments | 19 tweets | 23 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
8433 views 0 | 3 tweets | 1 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
8306 views comments | 10 tweets | 7 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
7653 views comments | 15 tweets | 14 linkedin

Featured job

Find your next job