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.
Athens-based technology provider Profile Software has launched a new mobile app, dubbed Plexus, which allows users to monitor real-time data and news on their iPhone and iPad devices.