19 November 2017

Profile Software acquires Login

12 July 17 - RE+D Magazine
Profile Software acquires Login



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IBI Group

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Solum Property Solutions

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Antulio Richetta

Director IBI Group
Profile Systems & Software (Profile Software) announced the completion of an acquisition of Login SA, a treasury software company by its 100 pct subsidiary Profile Systems & Software (Cyprus) Ltd.


The acquisition will be completed in two stages: purchase of a 78.23 pct of shares in July 6 and purchase of the remaining shares in 2018.

Login SA was founded in 1988. It is based in Paris, France and specialized on front-office, risk management, middle office software available to bank treasury departments with its AcumenNet web-based product.

It also offers a wide range of financial products, securities, commodities, forex operations, over-the-counter and derivatives products.

The company has active long-term customers in 16 countries in Europe, Africa, Middle East, Asia and America.

Charalambos Stasinopoulos, Profile Software chairman and CEO, commenting on the agreement said: "We are very optimistic with the acquisition of Login as we believe it will enrich the range of our solutions in know-how, new operations and access to new markets and customers. This acquisition signals emphatically the group's strategic commitment for extroversion".


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