Profile Software
Founded in 1990, Profile Software is a leading financial solutions provider with offices in major financial centres and a presence in 38 countries across Europe, the Middle East, Asia, Africa and the Americas, delivering market-proven solutions to the wider banking sector.
Key differentiators of the company’s solutions entail utilisation of modern technology and international best practices with a focus on innovation, flexibility and exceptional customer experience. Capitalising on its proven track record of effectively delivering risk management solutions across Europe, Profile has developed RiskAvert, a complete and modern solution for the calculation and reporting of credit, market and operational risk, regulatory capital and liquidity ratios in compliance with the international supervisory frameworks (Basel, Capital Requirements Directive/Capital Requirements Regulation) and XBRL taxonomies.
RiskAvert comes with a web-based/cloud-enabled front-end equipped with audit-trailing and access rights allocation features, allowing users to parameterise the calculation process, have control of intermediate or final results and extract data for management reporting. The calculation engine opts for the most efficient credit risk mitigation allocation and supports geographically dispersed organisations as a multi-tenant and multicurrency environment.
Profile holds extensive experience in implementing more than 20 regtech projects in European banks.
Articles about Finastra
Practical considerations for effective liquidity management in financial institutions
Strategies and best practices for ensuring financial stability and resilience
Managed services: exploring new and fundamental concepts
The role of managed services in the financial software services industry
Beyond tradition: the evolution of Islamic finance in a modern economy
Islamic finance is witnessing a significant transformation, particularly in the realm of treasury and investment products
The hidden cost of collateral
As costs rise and high-quality collateral becomes scarcer, improved collateral management is on the radar
Emir Refit: a seismic change to derivatives reporting
What the Emir Refit involves and how banks can use it to their long-term advantage
Predictive analytics and beyond
The future of treasury with GenAI
Innovation in bank treasury management
Harnessing GenAI for enhanced decision-making
Drawing the road map for digital treasury in banking: part two
Negotiate the way forward with open technologies and Rest APIs
Drawing the road map for digital treasury in banking
Why the ‘new normal’ requires a more proactive approach that looks beyond basic automation
Interest rate risk in the banking book: strategic considerations for IRRBB holistic risk management
Understanding the history, principles and current landscape of the IRRBB standard is essential for comprehensive risk management
Asset and liability management: the nerve centre of modern banks
Regulatory and compliance mandates can be complex and challenging. Therefore, a multiple-view approach to ALM, regulations and finance within the organisation, is key
In search of a global ESG risk and reporting framework
Short summary: Banks are turning towards technology to improve ESG reporting and reduce related financial risks
Navigating carbon emissions markets
What the future hold for carbon emissions markets
Fragmented rules muddy Asian FRTB implementation
Banks and vendors warn risk factor data may not be usable across different jurisdictions
Vendor for system support and implementation of the year: Finastra
Asia Risk Technology Awards 2020
Asia Risk Awards 2020: The winners
Winners of the Asia Risk Awards and Technology Awards
Asia Risk Technology Rankings 2018: The winners
Murex, Finastra, FIS take top spots in this year’s rankings
How fintech could reboot Libor
Polsinelli’s Rutenberg says blockchain technology and ‘Libor currency’ could boost submission incentives and make process more secure
Asia Risk Technology Rankings 2017: The winners
Murex tops tech provision