How Profile Software Is Modernising Banks Worldwide

Why It Matters

Modernizing core banking systems is essential for banks to stay competitive, reduce costs, and unlock new revenue through embedded finance; Profile Software’s global‑local model offers a scalable solution to meet those demands.

Key Takeaways

• Profile Software targets core banking modernization via API-driven platforms.
• Emphasis on embedded finance expands banks' revenue through ecosystem partnerships.
• Global-local model delivers standardized core with localized regulatory compliance.
• 25% of revenue reinvested in R&D fuels AI-driven product innovation.
• Strategic M&A and local integrator networks accelerate market expansion.

Summary

Profile Software, a publicly listed Greek fintech firm, is positioning itself as a catalyst for banks’ digital transformation. The company focuses on two growth pillars—API‑driven core banking modernization and embedded finance—helping institutions replace legacy systems with modular, cloud‑ready platforms that can be deployed quickly across geographies.

The firm stresses three competitive advantages: a unified yet modular core that reduces total cost of ownership, deep expertise in navigating diverse regulatory regimes, and a global‑local delivery model supported by regional hubs and partner integrators. It reinvests roughly a quarter of its revenue into R&D, channeling those funds into practical AI applications such as conversational banking and advanced analytics that deliver measurable value to clients.

Illustrative examples include a Caribbean bank that can adopt the same core module as European peers while satisfying local regulator requirements, and AI‑enabled conversational interfaces that streamline customer interactions. Profile’s “global core, local edge” approach ensures standardized speed‑to‑market while preserving the flexibility needed for jurisdiction‑specific customization.

The strategy signals a broader shift in banking: institutions are seeking faster, lower‑cost core upgrades and new revenue streams through ecosystem participation. Profile’s blend of technology, regulatory know‑how, and aggressive M&A aims to cement its role as a trusted, innovative partner for banks navigating this transition.

Original Description

How are banks transforming legacy core systems to support the next generation of financial services?

Dimitris Litsikakis, Corporate Development & Solutions Director at Profile Software, explains how the company is helping financial institutions modernise core banking infrastructure across more than 50 countries.

Profile Software provides modular, API-driven banking technology designed to support digital transformation while maintaining regulatory compliance. Solutions such as Finuevo Digital, Finuevo Core, Axia, Risk Avert, and Acumen enable banks, wealth managers, and financial institutions to replace legacy systems with scalable, cloud-ready platforms.

Core banking transformation is becoming essential as digital banking, embedded finance, and ecosystem-driven services reshape the financial landscape. Banks increasingly need flexible technology that allows them to extend services beyond traditional branches and platforms while reaching new customers efficiently.

Regulatory complexity and localisation remain major challenges. Profile Software addresses this with a global network of hubs and partners, ensuring its solutions meet local regulatory requirements while maintaining a consistent global architecture.

Innovation is also a key pillar of the company’s strategy. Profile Software invests around 25% of its annual revenue into research and development, focusing on practical AI applications such as conversational banking and advanced analytics to deliver measurable value.

By combining modular platforms, cloud-native architecture, and continuous innovation, Profile Software helps financial institutions launch services faster, reduce operational costs, and stay competitive in a rapidly evolving financial ecosystem.

This interview is essential viewing for banking technology leaders, CIOs, fintech strategists, and financial institutions navigating core banking modernisation and digital transformation.

Explore the complete conversation with Profile Software on core banking transformation, digital banking platforms, and the future of financial infrastructure :

https://ffnews.com/fintech-tv/profile-software-drives-global-core-banking-transformation/

@SibosTV @profilesoftware2587