Profile Centevo, a subsidiary of the Profile Group, a provider of asset & fund management software in the Nordic countries, announces a new multi-year agreement with Danske Bank to provide extended services to Danske Invest, active in the asset management industry.
Danske Bank, based in Copenhagen, is the largest bank in Denmark and a major retail bank in Northern Europe, serving over 5 million retail customers.
Profile Centevo will provide advanced capital management services and solutions that are an integral part of Danske Bank's vision to simplify the processes of its operations through refocusing, harmonization, and consolidation. This partnership signifies both parties' continued commitment to delivering excellence and operational efficiency to the financial sector.
The agreement consolidates the long-term cooperation between the two organisations and will enable Danske Bank to implement its strategic plan in Scandinavia to deliver high-quality services to its customers.
STATEMENTS
Morten Rasten, Executive Director at Danske Invest Management A/S, said: "As we implement Danske Bank's strategic plan within Asset Management services, our ongoing cooperation with Profile Centevo is crucial to achieving our goals. This partnership is a testament to our dedication to offering robust investment products that support clients in line with local market standards, and we are excited to continue to work closely with them."
Stephen Athanasiadis, Chief Executive Officer at Profile Centevo, added: "We are excited to extend our partnership with Danske Bank in its transformation and strategy implementation in the Nordic countries. Our joint effort will lead to significant progress in their strategic initiatives, setting new standards in the industry."
Evangelos Angelides, Chief Executive Officer at Profile, commented: "The agreement between Profile Centevo and Danske Bank is part of our strategy to expand our business and footprint in the Nordic markets. We are committed to providing technological innovation and innovative solutions that support financial institutions in their digital transformation."
