PROFILE Software, an international financial software solutions provider, today announced that ERGO Hellas, member of the well-known German ERGO Insurance Group with operations in more than 30 countries, has gone live with PROFILE’s IMSplus Asset Management solution which helps them improve performance and increase efficiency of its investment management operations.

ERGO Hellas selected IMSplus, PROFILE’s leading investment management platform, for its flexible, customisable and functionality-rich environment. Having been implemented in other international insurance firms, IMSplus Asset Management Solution offers a robust yet easy-to-customise platform that can easily accommodate current and future business trends and regulations, in the international markets.

IMSplus, via its flexible portfolio structure and multi-level analysis features, enables ERGO Hellas to easily monitor its invested financial assets, while complying with the policies set by the Group. The system’s customisable reporting, along with specialised asset management tools and wide support of financial metrics, allows investment officers to perform comprehensive gain/loss and risk exposure analysis on the company’s investment products (including cash & term deposits, equities, bonds and mutual funds) while being able to provide instant cash flow projections. IMSplus by automating reporting and data exports of the investments’ accounting entriescan reduce the manual tasks of internal accounting requirements.

ERGO Hellas’s recent implementation expands PROFILE’s client portfolio of insurance firms and emphasises its expertise in delivering market-proven solutions to the insurance industry.