back Back

Profile Software establishes tech driven development center – Profile Technologies

By Megha Bhattacharya

September 11, 2020

  • Asia
  • Europe
  • Profile Software
Share

profile Financial solutions provider, Profile Software, announced the establishment of its wholly-owned subsidiary, “Profile Technologies SA” in Thessaloniki, Greece. The company has a committed investment plan in excess of €5 million for the next 3 years and aims to become a model technology firm delivering innovation in Greece.

Profile Technologies SA plans to hire professionals from Northern Greece and its universities, further supporting employability in the wider community. The company aims to primarily develop new financial software functionalities by utilising modern technologies, deploy the latest trends in AI, ML, RPA and Blockchain. The new company is expected to undertake parts of the Group’s development functions currently based in Europe (Athens – Nicosia – Paris) and Asia (India) allowing the other departments to focus on specialisation and customer delivery.

Recently, Profile Software announced that its FMS.next functionality for loan management has been updated in a bid to enhance and simplify the end-to-end process over a range of business requirements. The company stated that the upgraded banking platform incorporates Loan Origination, Management, and Collection modules to enable banks, FinTechs, and financial organisations fully manage their loan and micro-lending/microfinancing process.

Founded in 1990, Profile Software is an international solutions provider for the Banking and Investment Management industry. The company has a presence in Europe, the Middle East, America, Asia, and Africa, delivering solutions to both start-ups and established banking & finance institutions through direct communication or a reliable partner network.

Previous Article

September 11, 2020

Mastercard, PFS & Government of Jersey to combat COVID-19 effects with new card scheme

Read More
Next Article

September 11, 2020

Funding Societies announces key management changes to prepare for post COVID-19 growth

Read More









IBSi Daily News Analysis

December 05, 2023

Asia

Why joining forces is key to boosting bankability and bridging climate finance gaps

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Swiss crypto bank SEBA rebrands to AMINA Bank

Read More

Today

Treasury Prime & Effectiv team to bring fraud detection to enterprises and banks

Read More

December 04, 2023

HCLTech and Roadzen to deliver next-gen insurance technology

Read More

Related Reports

Sales League Table Report 2023

£1,500.00 / year

Know More
Global Digital Banking Vendor & Landscape Report Q2 2023

£1,500.00 / year

Know More
Wealth Management & Private Banking Systems Report Q3 2023

£1,500.00 / year

Know More
Next-Gen Debt Collection Systems Growing Importance of Collections Q4 2023

£500.00 / year

Know More
Treasury & Capital Markets Systems Report Q3 2023

£1,500.00 / year

Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023