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PROFILE, expanding its international footprint, opens a new office in Singapore

Published by Gbaf News

Posted on April 12, 2013

3 min read

· Last updated: September 13, 2024

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PROFILE Software Launches Singapore Office

PROFILE Software (www.profilesw.com), a leading financial solutions provider, announced the opening of its newly-established office in Singapore, the financial hub of Asia Pacific. Following the successful operations in London, Dubai and Geneva, PROFILE now operates in Singapore to provide local support and services to the financial institutions in the region.

Targeting Growth in the Asia Pacific Region

Aiming at providing the range of its well-established investment management solutions of IMSplus and banking solutions with FMS, the company follows its international business expansion plan, with large investments in product innovation and human resources capital. The newly established office in the Asiatic continent reflects PROFILE’s commitment to its “local” approach in meeting customer requirements.

Expanding Expertise and Local Presence

PROFILE is staffing the new office with experienced and motivated professionals to effectively respond to the emerging investment and banking industry opportunities. The company’s solutions, IMSplus, the Investment Management platform which successfully accommodates the requirements of Private Wealth, Asset and Fund Management, Custody, and FMS which covers the full spectrum of Core Banking, Leasing and Financing as well as Islamic Banking, are flexible, scalable and totally customizable. The fully modular and STP solutions can be seamlessly integrated to any IT environment, always in line with each client’s needs. PROFILE Mobility, is the company’s latest innovative development in its product offering which enables complete management of all types of portfolios including real time valuation and performance for both the professional and individual investor. Its applications, IMSplus Mobility and GS Mobility, already have successful implementations in large financial organisations and corporates since they can seamlessly integrate both with PROFILE’s leading platforms as well as with any 3rd party system.

CEO Insights on Regional Expansion

According to Mr. Babis Stasinopoulos, CEO of PROFILE: “We are very excited with the opening of our new office in Singapore, since it bolsters our strong commitment and focus on providing dedicated service to the markets we operate. Our local presence will effectively address our clients’ and partners’ needs for comprehensive and reliable solutions with the personal approach sought after. Our leading financial services systems, IMSplus and FMS, deliver a high standard of sophistication to meet specific regulatory and country requirements. The systems are flexible enough to fully meet the expectations of the demanding Investment Management and Banking community for next generation software solutions offering real value for money and exceptional customer service to their demanding clientele.”

 

 

Key Takeaways

  • PROFILE Software has opened a new office in Singapore to enhance its presence in Asia‑Pacific.
  • The firm aims to deliver its IMSplus and FMS platforms with localized support for financial institutions in the region.
  • IMSplus offers modular investment management tools, while FMS covers core, leasing, Islamic banking and more.
  • PROFILE emphasizes product innovation, scalability, and integration flexibility.
  • Local staffing signals commitment to tailor services to regional regulatory and client needs.

References

Frequently Asked Questions

What products will be supported from the Singapore office?
The Singapore office will support PROFILE’s IMSplus investment management platform and FMS banking solutions, including modules like core banking, leasing, Islamic banking, and mobility apps.
Why did PROFILE choose Singapore?
Singapore is Asia‑Pacific’s financial hub, making it a strategic location to deliver localized services and meet regional regulatory and customer needs.
How does PROFILE differentiate its solutions?
PROFILE’s systems are modular, scalable, customizable, and built for seamless integration into clients’ IT environments.
Will the Singapore office have local staff?
Yes, the office is staffed with experienced, motivated professionals to address emerging industry opportunities and client requirements locally.

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