Finovate Debuts: CPB Software’s PROFOS Helps Advisers Connect with Clients

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CPB Software began in 1996 as a spinoff from a private bank in Austria. The company has created numerous products for financial services companies across Europe. At FinovateEurope 2015, CPB debuted PROFOS, a product to help advisers overcome hurdles in customer relationships.

Company facts:

  • $3.8 million in equity
  • $18.3 million in revenue for 2014
  • 130+ employees
  • 700+ customers in 7 countries
  • Founded 1996

The PROFOS platform, which works with any existing core banking system, integrates client data and combines it with consulting features. The result is an all-in-one tool to help advisers prepare for client meetings and connect with the client throughout the meeting.

To prepare for client meetings, the home screen shows daily appointments and financial market activity, and serves as a digital file cabinet that stores important documents.

It also contains a toolbox that houses both informational videos that explain complex topics, as well as negotiation tutorials, to assist advisers during the negotiation process.

Screenshots below show a sample of features an adviser may use during a client meeting:

Client dashboard

On the tablet app, the clean interface provides an overview of the client’s portfolio performance, asset allocation, and key financial information.

CPBClientDashboard

 

Investment strategy

Since clients have different learning methods, PROFOS uses both pictures and graphs to aid advisers in explaining how decisions will affect a portfolio.

The example below uses a picture to depict how risk and time could affect the client’s earnings.

CPBInvestmentStrategy

 

Current events performance

PROFOS generates stress tests that simulate the effect(s) resulting from a major event, such as the recent Ukrainian crisis, on a client’s portfolio. The snapshot enables clients to understand the impact of both positive and negative historical events.

CPBPerformanceRelevantEvents

 

Goal tracking

PROFOS helps advisers track multiple financial goals for clients. The graphs make it easy for the adviser to show clients their progress and the projected possibility for achieving each goal.

CPBPersonalGoalsRealization

CPB Software debuted PROFOS at FinovateEurope 2015 in London. Check out the live demo video.

Finovate Alumni News

On Finovate.com

  • Finovate Debuts: mydesq Helps Wealth Managers Save Time and Boost Engagement
  • YapStone Closes $60 Million Debt Financing Deal

Around the Web

  • Xignite recognizes innovative uses of its market data API at Capital One People & Money Hackathon.
  • CashStar teams up with IDT Telecom to expand digital gift card distribution among the underbanked.
  • Ingo Money closes acquisition of Fuze Network.
  • The Guardian Business profiles CurrencyFair co-founder Brett Meyers.
  • CSI globalVCard earns two finalist spots at the 2015 SIIA Software CODiE Awards.
  • Robust Tech House takes a look at the differences and similarities between Quantopian and QuantConnect.
  • Tibco updates Live Data Mart software with embedded predictive analytics and support for the internet of things (IoT) and in-memory data-grid technology.
  • Mozido to use SimplyTapp’s HCE technology to bolster payment platform.
  • Callcredit partners with Trulioo to power AML/KYC verification services. Come see Trulioo’s live demo at FinovateSpring in San Jose.
  • Notre Dame FCU to open full-service insurance agency powered by Insuritas.
  • Forbes talks to Trulioo about solving AML/ KYC for startups. Come see Trulioo at FinovateSpring.
  • Valid Soft deploys voice biometrics solution to a large U.S.-based corporation, its first U.S.-based customer.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

CPB SOFTWARE’s PROFOS Tool Helps Financial Advisors Meet Client Needs

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This post is part of our live coverage of FinovateEurope 2015.
 
CPB SOFTWARE showcased its PROFOS tool for financial advisors.

PROFOS is the app for bankers! Mobile services are up-to-date, comprehensive, intuitive and discreet. PROFOS is more than a common app. It combines your customer’s data with consultancy features supporting advisors skills – highly demanded by your clients!

PROFOS helps your advisors easily show and present deep banking knowledge combined with a better understanding of your clients’ needs. Your conversations with clients will change and at any place requested, your clients will be more attentive and understand more easily. Hence, for you: MORE profit with LESS effort.
Presenters: Peter Thomayer, CEO; Barbara Aigner, consultant; Markus Nekham, consultant
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Product launch: September 2014
Metrics: €3.5 million in equity, €17M in revenue for 2014, 130+ employees, 700+ customers in 7 countries
Product distribution strategy: Direct to Business (B2B), licensed
HQ: Vienna, Austria
Founded: 1996

FinovateEurope 2015 Sneak Peek: Part 4

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Will you be joining us live for FinovateEurope 2015? Following the action via the Finovate Live Blog and Twitter feed (@Finovate)? 

However you plan on participating in the first Finovate conference of the year, our Sneak Peek series helps you get to know the presenting companies before they hit the stage next month.

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We’ve already highlighted 18 out of the more than 70 companies demonstrating their latest technologies. If you missed them, you can get up to speed with Parts 1, 2 and 3 of our Sneak Peek series below.
Today we bring you another set of six presenters: Bendigo and Adelaide Bank, CPB SOFTWARE, Ixaris, JSC Delta Bank, QCR, and Topicus.Finance.


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Bendigo and Adelaide Bank have a long, 156-year history of innovation. Our latest innovation is redy, a mobile commerce platform.
Features
  • A mobile commerce platform that connects shoppers, businesses, and the community for a common cause
  • Fast and secure mobile payments
  • Easy, fast, and secure donations
Why it’s great
redy is a fast and secure mobile commerce platform that improves the shopping experience and connects shoppers, businesses, and communities for a common cause.
Presenters
Robert Musgrove, Executive Community Engagement
Musgrove played a pivotal role in the expansion of Community Bank. He is always on the lookout for ways to give back to his community.
Rick vanEmmerik, Mobility Manager
vanEmmerik has been with Bendigo and Adelaide Group for 7 years. He has been part of the redy team since its inception.


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CPB SOFTWARE offers profound expertise, creativity, flexibility, and high quality financial software solutions including premium ASP and BPO services.
Features
  • PROFOS is the app for bankers
  • Manage your clients anytime and anywhere
  • The best way to support your advisors and clients
Why it’s great
PROFOS – The Bank is where Clients are!
Presenters

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Peter Thomayer, CEO
Thomayer is founding member and since 2000 CEO of CPB Software. Areas of responsibility: strategy, human resources, marketing, and sales. Held different leading positions in some banks before.

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Barbara Aigner, Consultant
Aigner is founder and CEO of emotion banking, a consultant company for banks and founder of victor, the main analysis and championship for banks in the German-speaking area.

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Markus Nekham, Consultant / Advisory Board
Nekham is founder and CEO of networx business services. He is lecturer at the Vienna University of Economics and Business, and a negotiation and communication consultant and coach.



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Ixaris is a fintech company specializing in the delivery of next generation card programs.
Features
  • Extend your card programs offering with apps from our App Store
  • Reduce burden on your IT through an on-the-cloud platform
  • Reduce card program management overheads with self-service tools
Why it’s great
Card programs tailored to your customer needs by your own customers
Presenters
Patrick Abela, Product Director
Abela has 15 years experience specializing in leveraging technology to deliver innovative and competitive payment products and solutions.
Reno Scerri, Pre-sales and Solutioning Manager
Scerri has over 10 years’ experience in technology products, with special focus on design and delivery of solutions for the payments industry.


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JSC Data Bank is a Ukranian innovative universal bank that provides a wide range of products and services for all types of clients.
Features
  • Transfer money via Facebook
  • Transfer money using only the recipient’s mobile phone number
  • Service is available without registration for everyone
Why it’s great
Pay2You is a service that makes your communication channels available for transferring money.
Presenter
Stanislav Ostrovsky, Head of R&D Department


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QCR has developed RiskAware, an innovative credit risk assessment technology which can add major value to existing risk management practices at financial institutions.
Features
  • Drastically improved corporate default predicting power
  • Deeper credit risk analysis and more accurate quantification of credit risk
  • Faster credit risk management, quicker SLA times
Why it’s great
Through faster and more accurate credit risk management, RiskAware can save millions of USD a year in credit losses for financial institutions.
Presenters

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Tamas Varkonyi, Founder and CEO
Varkonyi’s professional career in credit risk management spans 12 years. Before founding QCR, he managed a credit portfolio at CIT Group and underwrote loans at Barclays.

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Sandor Kocso, CTO
Kocso is a seasoned technologist with 10 years of experience developing financial software applications at Morgan Stanley and Leonteq Securities, Switzerland.


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Topicus.Finance is a flexible, process-oriented business lending platform with self-service capabilities.
Features 
With FORCE Business Lending:
  • Enable automatic loan origination
  • Achieve seamless fulfillment for all parties
  • Facilitate everything from orientation to a fully-repaid debt
Why it’s great
“Customer centric” is no longer a hollow phrase. FORCE Business Lending enables your employees to fully focus on (the business of) your customer.
Presenters

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Michiel Schipper, Managing Director

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Jamie Burink, Head of Business Lending

FinovateEurope 2015 will be held February 10 and 11 in London. Pick up your tickets today and join us for the first Finovate conference of the year.

Alumni News– January 22, 2015

  • Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Thumbnail image for Finovate-F-Logo.jpgKreditech secures $200 million credit line from Victory Park Capital.
  • GMC Software and Silanis Technology partner to integrate eSignLive with Inspire.
  • Internet Retailer features Trustev CEO Pat Phelan in discussion on consumer fraud.
  • TradeKing unveils Risk Assist to protect clients against steep market declines.
  • Braintree completes initial integration with Coinbase; opens up private beta access.
  • Financial Post business section features Digital Retail Apps in its look at digital payments in 2015.
  • Realty Mogul adds new Senior VP of Mortgage Operations, Kendra King.
  • Temenos forges strategic alliance with EFT processor, Elan Financial Services.
  • Check out our latest FinovateEurope 2015 Sneak Peek, Part 4 featuring Bendigo and Adelaide Bank, CPB Software AG, Ixaris, JSC Delta Bank, QCR, and Topicus Financial.
  • Planwise launches Connect, leveraging affordability tools to help real estate agents engage potential buyers.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.