Cyprus-based wealth manager implements Profile Software's IMSplus platform

Cyprus-based wealth manager implements Profile Software’s IMSplus platform

Cyprus-based wealth and fund manager Total Capital Resources (T.C.R.) International is automating its ops with the IMSplus system, supplied by Profile Software.

T.C.R. provides fund set-up, administration and management, portfolio management and brokerage services, with access to all major exchanges, OTC markets and non-listed instruments.

Profile’s flagship investment management platform, IMSplus, was selected “following an extensive due diligence process”, the vendor says.

The new platform will support front-to-back office operations at T.C.R. for all current portfolio management requirements. It will also provide KYC and CRM tools, plus client and MIS reporting tools.

IMSplus is a well-established solution in the investment management space with around 30 users. The majority of them are based in Greece (the home market of Profile) and neighbouring Cyprus, but a handful are further afield – in the Middle East and the UK.

Last year, Profile signed its first IMSplus customer in Saudi Arabia, Wasatah Capital.

Its new client in the UK is Rasmala, formerly European Islamic Investment Bank (EIIB), which also signed in 2015.