Connect with us
Our website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Top Stories



Profile Software, an international financial solutions provider, announced today the successful go live of Ditto Bank, powered by Banque Travelex S.A., a Paris-based company. Ditto Bank, a differentiated digital bank, apart from managing their core banking operations via, also utilise the Treasury functionality of AcumenNet by Login SA, a Profile company, providing an integrated platform.

Profile, heading a consortium of companies, is efficiently managing all banking, treasury, CRM and payments operations of the newly launched France-based digital bank. Ditto Bank is based on Banque Travelex SA, which is regulated by the French bank regulator Autorité de contrôleprudentielet de résolution (APCR). It is inviting users to join its waiting list, and for its pre-launch phase, clients with a postal address in France are able to participate. Ditto Bank is aspiring to become the world’s first truly global bank designed for frequent travelers, aiming at expanding in 15 countries.

AcumenNetcovers the Bank’s Treasury Front-Middle office and Risk management operations. Through its modular design and modern technology, AcumenNet allows easy scalability as the organisation grows and diversifies. AcumenNet is a customisable solution, easy to implement and use. Integrated with, Profile’s Core Banking solution, it allows for fully STP front-to-back Operations.

AcumenNet accommodates Ditto Bank’s treasury operations as well as the forex position, liquidity and risk across financial markets monitoring. The platform enables real-time update of prices, positions and limits checks. Front-end blotters reflect the work of each individual user. Arbitrage solvers and calculators complement cutting-edge pricing methodologies. Dealers are able to customise their monitoring screens.

The Treasury department of Ditto Bank also experiences analyses that can be produced on cross-portfolios, such as P&L, hedging, sensitivity, and duration. They benefit from a high level of automation in daily tasks. Supervision blotters enable them to direct transactions towards designated users for further processing, filtering per type of instrument and per deal status.

Ditto Bank’s back office benefits from paperless transfer of trades, automated printouts of deal slips and tailor-made reports, such as maturity diaries or fixing resets with a high level of security. With the utilisation of these tools the whole process is streamlined including confirmations, accounting, settlements, amendments, cancellations, revaluations, etc. with AcumenNet delivers tighter control and monitoring of all transactions, a quick and efficient access to all data and reporting for the Management while ensuring regulatory compliance. AcumenNetis also available to be utilised as a stand-alone platform that can easily integrate with any back-end and accounting platform.

Global Banking and Finance Review Awards Nominations 2022
2022 Awards now open. Click Here to Nominate


Newsletters with Secrets & Analysis. Subscribe Now