Profile Centevo, a member of Profile Software and a provider of asset and fund management software in the Nordics, has entered into a multi-year agreement with Danske Bank. This partnership will extend services for Danske Bank's funds business, Danske Invest.

Danske Bank is based in Copenhagen and is the largest bank in Denmark. It serves over 5 million retail customers across Northern Europe. The collaboration aims to simplify operations at Danske Bank through refocusing, alignment, and consolidation.

The new agreement strengthens the existing partnership between Profile Centevo and Danske Bank. It supports Danske Bank's strategic plan to deliver high-quality services in the Nordic region.

Morten Rasten, Executive Director at Danske Invest Management A/S, said: “As we execute Danske Bank's strategic program within Asset Management, our continued collaboration with Profile Centevo is instrumental in achieving our objectives. This partnership is a testament to our dedication to providing strong investment products, supporting customers following local market standards, and we are enthusiastic to work closely with them.”

Stefanos Athanasiadis, Chief Executive Officer at Profile Centevo, stated: “We are excited to expand our collaboration with Danske Bank as they pursue their transformative journey and strategy in the Nordic region. Our joint efforts will drive significant advancements in their strategic initiatives, setting new industry benchmarks.”

Evangelos Angelides, Chief Executive Officer at Profile Software, commented: “This agreement between Profile Centevo and Danske Bank forms part of our strategy to expand our activity and footprint in the Scandinavian markets. We are committed to delivering technological innovation and cutting-edge solutions that support financial institutions in their digital transformation journey.”

Profile Centevo focuses on supporting financial institutions by offering innovative solutions that enhance asset and fund management experiences while maximizing client performance.