back Back

Profile Software launches fully automated custody platform

By Megha Bhattacharya

July 23, 2021

  • America
  • Profile
Share

Profile Software, an international financial solutions provider, announced today the new release of Axia Custody, the advanced automated custody platform that delivers streamlined operations, globally. The platform has been upgraded to advance the custody process offering competitive features to users, through automation.

In particular, Axia Custody supports post-trade processing for Global Custodian, Sub-Custodian, Agents and Mutual Fund Custodian delivering fully (STP) automated, 4-way matching and settlements ensuring improved communication among Market, Local Brokers, International Brokers, International Broker Agents, Sub-Custodians, and Clients. The system has a 2-Way SWIFT (SMPG standards) messaging whilst covering SWIFT-based automated corporate actions with more than 70 CA events and making available automatic initiation through custodian incoming SWIFT thus avoiding user intervention.

Axia Custody delivers complete digital, web-based capabilities as well as configurable workflows, customisable dashboards and reports (scheduled and ad-hoc), for a competitive omnichannel experience. Clients can easily access and navigate the themeable and easy to customise portal, that adheres to the organisation’s branding, delivering a unique experience. The Solution integrates with market data providers’ platforms (Bloomberg, Refinitiv, etc.) and with any core banking platform via its open architecture and standard APIs.

Recently, Profile Software announced the new version of its Treasury platform Acumen.plus, the new upgraded, STP, real-time cloud-native platform that delivers advanced UX and automation to the modern treasurer, globally. According to the company, Acumen.plus was developed to be the new Treasury system that empowers users to check and validate mass deals’ imports using real-time APIs. It offers functions for bulk uploads, allowing secure and easy monitoring of the process. Users can inspect and authorise uploaded deals, before actual creation in the system, thus, eliminating errors and ensuring the quality of data, crucial in Treasury.

Previous Article

July 23, 2021

Cellulant gets approval to operate as a Payment Solution Service Provider in Tanzania

Read More
Next Article

July 23, 2021

AIZEN acquires e-commerce data aggregation platform in Korea

Read More






IBSi Daily News Analysis

cybersecurity,

June 20, 2024

America

Why predictive AI is a critical necessity in the field of cybersecurity

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

June 20, 2024

Xcelerate acquires an equity stake in Gieom, a financial service compliance provider

Read More

June 18, 2024

Finbourne Technology raises $55m to drive global expansion

Read More

June 18, 2024

GreyLabs AI raises over $1.5m in Seed round led by Matrix Partners India

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
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