Frankfurt am Main / Urdorf (Zurich), August 14 2017
Currently they work closely on implementing the requirements of the German Investment Tax Reform 2018 into XENTIS, Universal-Investment’s core fund administration system. Over 1,000 mutual and special funds (‘Spezialfonds’) of Universal-Investment are being posted and valuated daily through XENTIS.
The cooperation of the two enterprises dates back to 2002 when XENTIS was implemented as the core administration system at Universal-Investment within less than two years. In the years to follow, Profidata proved to be a steady and reliable partner in supporting Universal-Investment in its dynamic growth and in implementing regulatory requirements. Bernd Vorbeck, CEO of Universal-Investment, confirms: ‚Profidata is a strategic partner, with whom we will continue to pursue our ambitious goals’ and Roger Wildi, CEO of Profidata AG, explains the success factors of their business partnership as follows: ‘A cooperation based on trust, and a powerful software solution which flexibly supports growth and dynamic business requirements, are the key ingredients of our mutual success. We will continue to put in every effort to support Universal-Investment with XENTIS in their future growth and success.’
Profidata Group is a Swiss provider of investment and wealth management software solutions and services for the financial industry, founded in 1985. Headquartered in Zurich, the company has subsidiaries and representative offices in Vaduz, Frankfurt/Main, Saarbrücken, Luxembourg, London, and Singapore.