IFM selects Profidata’s XENTIS 27 January 2011Vaduz Reporter: Justin Lawson
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IFM Independent Fund Management AG in Vaduz, Liechtenstein, selects XENTIS, the fully integrated next generation investment management platform of Profidata, to support its fund management middle and back-office disciplines.
Luis Ott, Managing Director at IFM comments on the decision to select XENTIS: "As a bank-independent fund management company, we offer our clients the greatest possible flexibility in structuring their fund products. Hence, flexibility must be a key feature of the software platform on which we run our fund administration. Also, having the means to automate client-individual processes and relieve our staff of repetitive tasks is just as important."
Christian Widmer, CEO and Chairman of Profidata, appreciates the new client in the Principality of Liechtenstein: "IFM’s business model is comparable to that of a Master KAG. It places the highest demands on a fund administration. XENTIS has stood the test in similar environments in various countries. From those projects, Profidata have gained sound and comprehensive experience which we will now apply to the implementation at IFM."
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