Profile Software, an international financial solutions provider, has established a new technology-driven development centre in Thessaloniki, Greece.
The new subsidiary, Profile Technologies, will primarily develop new financial software functionalities by utilising modern technologies, deploying the latest trends in artificial intelligence, machine learning, robotics process automation and blockchain.
The development centre comes with a committed investment plan in excess of €5 million for the next three years.
Meanwhile, Profile Software plans to invest in forward-looking technologies such as augmented reality for investment management and banking.
Additionally, the new company is going to undertake parts of the group’s development functions currently based in Europe (Athens, Nicosia and Paris) and Asia (India) allowing the other departments to focus on specialisation and customer delivery.
Thessaloniki is developing into one of the Greek cities that foster startups and technology firms as an incubator for ambitious young developers and software engineers, according to Profile Software.
Profile Technologies SA said it intends to hire skilled and experienced professionals from Northern Greece and its universities, further supporting employability in the wider community.
