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Finland
1992 (34 Years)
Last online: No recent activity
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know Profit Software
Company Information
Get to know Profit Software
Founded in 1992, Profit Software Oy is a Finnish company specializing in providing advanced software solutions and expert consulting for the financial sector. Their core focus has been on serving banks, life and pension insurance companies, and non-life insurance companies with their proprietary platform, the Profit Life & Pension (PLP) suite. In October 2021, Profit Software was acquired by Tietoevry, a leading Nordic digital services and software company, to strengthen its financial services software business, particularly in the life and pension domain across the Nordic region. The company now operates as part of the Tietoevry Banking business unit.
Industry
Review Analytic
askyargamji
Direct
Excellent
Overall Thought
Based on my experience with Profit Software Ltd, I'm genuinely impressed by their expertise in delivering software solutions to the financial and insurance sectors. Their policy management software, encompassing the entire lifecycle from sales to claims processing, demonstrates a comprehensive approach to insurance operations. Additionally, their insurance software package for property and casualty management reflects a deep understanding of industry needs. Founded in 1992, their longevity is a testament to their commitment to excellence. From my perspective, Profit Software Ltd is a reputable provider that effectively addresses the complex requirements of the financial and insurance industries in Finland, the Baltic states, and Scandinavia.
goodbash3
Direct
Excellent
Overall Thought
Profit Software is an exceptional company that delivers top-notch software solutions. Their team's expertise shines through their innovative approach and commitment to excellence. With a focus on client satisfaction, they consistently exceed expectations, providing efficient and tailored solutions. Their professionalism, timely delivery, and proactive communication make them a reliable partner for any business seeking high-quality software services.
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