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Profile Software upgrades treasury management platform Acumen net

By Megha Bhattacharya

February 19, 2021

  • Europe
  • Profile Software
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profile softwareFinancial solutions provider, Profile Software, has announced an upgrade of its treasury platform Acumen net. The company stated that the treasury management platform has been implemented across various regions on a single instance as well as being a Treasury Hub operating 24×7. The solution allows treasurers to access the dashboard for managing their daily work with an enhanced user experience, providing real-time views of the Capital Markets activity.

According to Profile Software, Acumen net has now been developed as a fully containerised solution deployed on-premise and on private or public clouds. It enables institutions to utilise cloud capabilities, with improved scalability, high availability and failover as well as flexibility throughout their processes. The system’s monitoring supports automated and fast deployment. The architecture also supports multi-site deployments, ensuring consistency of data processes and reporting across the organisation.

Profile Software stated that the platform has been running successfully in the cloud, and is utilised by international banking organisations such as Allica Bank in the UK and Sumitomo Mitsui Trust Bank across 6 international offices.

Recently, global trade finance solutions Surecomp announced that it will be partnering with Profile Software for offering a comprehensive response to the rising demand for trade finance digitization solutions and services in Greece and southeastern Europe. The company stated that Surecomp will also represent the former’s solutions for banking, risk management and investment management, thus boosting the offering to its own customers.

Founded in 1990, Profile Software is a specialised software solutions provider with offices in key financial centres and a presence in 40 countries across Europe, the Middle East, Asia, Africa and Americas delivering solutions to investment management and banking industries.

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