Profile Systems and Software

Profile Systems and Software S.A. (frequently referred to as Profile Software) is a Greece-based international information technology company founded in 1990 that specialises in the development of financial services software.[7] Its main activity is the provision of integrated business software particularly for financial institutions.[6]

Profile Systems and Software S.A.
TypePublic
Athex: PROF
IndustryFinancial software
FoundedAthens, Greece (1990 (1990))
FounderBabis P. Stasinopoulos[1]
Headquarters
199, Syngrou Ave., Nea Smyrni, Athens
,
Greece
Number of locations
6[2]
Area served
Worldwide
Key people
  • Babis P. Stasinopoulos [3]
  • Evangelos I. Angelides

[3]

  • Spyros A. Barbatos [3]
Products
Services
  • Software development
  • Software integration
RevenueSteady €13.82 million (2018)[5]
Increase €0.88 million (2012)[5]
Increase €0.53 million (2012)[5]
Total assetsIncrease €28 million (2012)[5]
Total equityIncrease €15 million (2012)[5]
Number of employees
170+[6]
Websitewww.profilesw.com

History

The company was founded in 1990 by Babis P. Stasinopoulos.[2][3] Being an investor at Athens Exchange in the late 1980s, Stasinopoulos felt the need of software applications for automating workflow and helping with the investment decisions. Therefore, his idea was to fill this market niche.[8]

For the first four years, his company operated as a private enterprise. In 1995 it was converted into a public limited company (societe anonyme) with an initial capital of ₯ 70 million. In 1999 its share capital was increased to ₯ 1.2 billion, while its turnover reached ₯ 1.8 billion. In the decade that followed, Profile Software was already the leading financial software company and one of the 10 largest IT companies in Greece. Its number of employees exceeded 150.[8]

In August 2003, the company was listed on the Athens Exchange.[9] In the following year it completed mergers through acquisition with BeCom and Analysis,[10] as well as acquired a 70% stake in Globalsoft.[11]

In 2007, the company began incorporating development of two large software products: the Financial Management System (FMS) and Universal Ticketing Solution (UTS).[12][13]

By 2010, Profile had contracted such companies and organizations as National Bank of Greece,[14][15] EFG Eurobank,[16] ING, ABN AMRO, and public sector institutions.

Profile Systems and Software opened four new offices in major financial centers: Geneva, London, Dubai,[17] and Singapore.[18] It also expanded its promotional and marketing activities through a network of partners in Europe, the Middle East, and Asia.[17][18]

In 2013, the company introduced the P2P Lending Software implemented in UK-based crowdfunding firms.[19]

References
  1. "PROFILE, expanding its international footprint, opens a new office in Singapore". Global Banking & Finance Review. April 12, 2013. Retrieved October 4, 2013.
  2. "Company Profile". PROFILE Systems and Software S.A. Retrieved October 4, 2013.
  3. "Board of Directors". PROFILE Systems and Software S.A. Retrieved October 4, 2013.
  4. "Profile Systems and Software S.A. Company Profile at Athens Exchange" (PDF). Athens Exchange. pp. 1–6. Retrieved October 4, 2013.
  5. "Financials: Profile Systems and Software SA". Financial Times. Retrieved May 9, 2019.
  6. "Business Profile: Profile Systems and Software SA". Financial Times. Retrieved May 9, 2019.
  7. "Financial Services". PROFILE Systems and Software S.A. Retrieved October 4, 2013.
  8. Tsakiris Tonia (December 31, 2000). "Κλειδί η εμπιστοσύνη του πελάτη". To Vima (in Greek). Retrieved October 4, 2013.
  9. "PROFILE Systems and Software S.A." Athens Exchange. Retrieved October 4, 2013.
  10. "Profile: Ολοκληρώθηκαν οι διαδικασίες συγχώνευσης δι' απορροφήσεως δύο θυγατρικών" (in Greek). Naftemporiki. November 17, 2004. Retrieved October 4, 2013.
  11. "Profile: Ολοκληρώθηκε η εξαγορά της Globalsoft" (in Greek). Naftemporiki. October 1, 2004. Retrieved October 4, 2013.
  12. "Profile: Νέο επενδυτικό σχέδιο ύψους 5,49 εκ. ευρώ" (in Greek). Capital. March 23, 2007. Retrieved October 4, 2013.
  13. "Profile Software updates FMS". Finextra. October 16, 2012. Retrieved October 5, 2013.
  14. "Συνεργασία Profile με Εθνική Τράπεζα" (in Greek). Naftemporiki. January 12, 2005. Retrieved October 4, 2013.
  15. "Profile: Νέα συνεργασία με την Εθνική Τράπεζα" (in Greek). Naftemporiki. January 27, 2006. Retrieved October 4, 2013.
  16. "Profile: Εργο για την EFG Eurobank" (in Greek). Naftemporiki. July 26, 2006. Retrieved October 4, 2013.
  17. "PROFILE: ΕΠΕΝΔΥΕΙ ΣΤΗΝ ΠΡΟΪΟΝΤΙΚΗ ΔΙΑΦΟΡΟΠΟΙΗΣΗ" (in Greek). Hrima. April 2012. Retrieved October 4, 2013.
  18. Stefanos Kotzamani (June 21, 2013). "Profile: Ανεβάζει τον πήχη το 2013" (in Greek). EURO2day. Retrieved October 4, 2013.
  19. Antony Peyton. "Elevate Capital goes live with Profile Software's P2P lending solution". IBS Intelligence. Retrieved 8 November 2016.

www.profilesw.com

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