Steyler Bank, the German bank of the Catholic Order of Steyler Missionaries that focuses on investments meeting certain ethical standards, has implemented the e-AMIS wealth management system of Profitdata Group.

Since the start of the year all of the advisory mandates and trusts of the St Augustin-based bank have been managed with the Swiss provider’s software. Steyler Bank is leveraging Dusseldorf’s WGZ Bank’s e-AMIS platform, on which several other cooperative banking institutions are already working with e-AMIS.

“From both the cost and benefit perspectives, e-AMIS is the optimal solution for us. With e-AMIS, we are able to implement a comprehensive and modern software solution for our portfolio and trust management that is completely integrated into the WGZ Bank platform. This ensured a streamlined implementation project and made the final decision very easy,” Ralf Kern, head of asset management at the bank, said.

Profidata Group is a Swiss provider of investment and wealth management software for the financial services industry. It was founded in 1985 and its group headquarters are in Urdorf, near Zurich.