Profile Software secures agreements with Tier 1 financial organisations globally

Stockholm, 15 October 2024: Profile Centevo, a member of Profile Software and a leading Asset and Fund Management software provider in the Nordics, has announced today the signing of a new multi-year agreement with Danske Bank to provide extended services for their funds business, Danske Invest.

Danske Bank, headquartered in Copenhagen, is the largest bank in Denmark and a major retail bank in Northern Europe, serving over 5 million retail customers.

Profile Centevo will provide advanced fund management services and solutions integral to Danske Bank's vision of simplification of their operations through refocusing, alignment and consolidation. This collaboration underscores the ongoing commitment of both parties to delivering excellence and operational efficiency in the financial sector.

The agreement solidifies the long-standing partnership between the two organisations and will enable Danske Bank to deliver on their strategic plan in the Nordic region, aimed at providing first-class services to clients.

Mr. Morten Rasten, Executive Director at Danske Invest Management A/S, stated: “As we execute Danske Bank's strategic program within Asset Management, our continued collaboration with Profile Centevo is instrumental in achieving our objectives. This partnership is a testament to our dedication to providing strong investment products, supporting customers following local market standards, and we are enthusiastic to work closely with them.”

Mr. Stefanos Athanasiadis, Chief Executive Officer at Profile Centevo, added: “We are excited to expand our collaboration with Danske Bank as they pursue their transformative journey and strategy in the Nordic region. Our joint efforts will drive significant advancements in their strategic initiatives, setting new industry benchmarks.”

Mr. Evangelos Angelides, Chief Executive Officer at Profile Software, commented: “This agreement between Profile Centevo and Danske Bank forms part of our strategy to expand our activity and footprint in the Scandinavian markets. We are committed to delivering technological innovation and cutting-edge solutions that support financial institutions in their digital transformation journey.”

Profile Centevo supports the growth of the financial institutions by providing innovative solutions that transform the asset and fund management experience, maximise overall client performance, and ultimately redefine the financial services landscape in the Nordics.