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TRADING & TECH
Profile Software acquires Login SA
Emphasises commitment to moving to the new era of banking and fintech
July 11, 2017: Profile Software, the leading financial solutions provider, has acquired Login SA, an international Treasury specialised provider. The transaction was agreed with the acquisition of the majority of the shares on July 6, 2017, and will conclude in 2018.
Founded in 1988, Login SA (www.login-sa.com) is based in Paris, France, and specialises in developing financial treasury software. Through its AcumenNet platform, Login is serving front-office, trading, risk management, middle and back office requirements of banks’ Treasury Departments. The product covers a wide range of asset classes that include, among others, Forex and Money Market instruments, Exchanged Traded and OTC derivatives as well as Securities and Commodities. Login SA has a loyal clientele in 16 countries in Europe, Africa, the Middle East, Asia and America.
In addition, Profile Software and Login SA have an already established partnership, with AcumenNet being successfully integrated with FMS.next, Profile’s banking platform, and utilised at client sites.
Profile’s CEO Babis Stasinopoulos stated: “We are extremely happy with the acquisition of Login SA. We believe that the range of our available solutions is significantly enriched with specialised know-how and new functional capabilities, allowing us to address new market segments. This acquisition further emphasises our company’s commitment to achieving strategic international expansion, strengthening our presence in key financial centers and moving to the new era of banking and fintech.”
Login SA’s Executive Director Marc Beaulande stated: “After having worked together as partners over the past couple of years, we have found a lot of synergy, common approaches and market views between Profile Software and Login SA, and we are therefore very happy with this strategic acquisition. It will allow our company to even better serve our existing clients and to expand our client base. AcumenNet platform will deliver additional functionalities and will address new market segments.”
Founded in 1990, Profile Software is an international financial solutions provider with presence in 25 countries, delivering market-proven solutions to the Investment Management and Banking industries.
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