Swiss InCore Bank AG has decided to implement the integrated investment management system XENTIS of Profidata. InCore newly also acts as a custodian according to Swiss collective investment law (KAG).
“InCore delivers its services highly automated according to the industrial approach and uses standardised processes, as well as an efficient system platform. It was evident that the new service offerings in fund administration could only be covered by a leading, integrated investment management system. The track record of XENTIS matched our requirements exactly, as it has proven itself with the German master investment companies,” says Jack Hertach, CEO InCore Bank AG.
“InCore Bank AG has been using e-AMIS of Profidata for many years now. Were very happy that InCore is extending the successful collaboration by introducing XENTIS. XENTIS is used internationally and covers the most complex requirements of various European countries. As a Swiss company we develop our software products solely in Urdorf. This way we can also ideally support InCore with the setup of the very first Swiss sourcing offer which is based on an integrated system for the fund business, says Christian Widmer, CEO and president of the board of Profidata.
L.D.