Bank Gutmann has selected Xentis as its central asset management software platform.
XENTIS will be implemented company-wide in Bank Gutmann's asset management, custodian bank and within the Gutmann Kapitalanlageaktiengesellschaft (Investment Company) in fund management as well as in fund administration.
Bank Gutmann will employ XENTIS front office in both asset analysis and portfolio rebalancing, pre-trade compliance checks and order entry. XENTIS will also calculate NAVs, perform reconciliation procedures and limit checks and support legal and client reporting.
Adolf Hengstschläger, partner and member of the Bank Gutmann management board said: “Bank Gutmann's strategic business areas can be developed in a more goal-oriented manner through application of XENTIS as an integrated and comprehensive asset management system for our investment company, custodian bank and asset management.”
