Digital Wealth Push Fueled by Profile Software in Access Bank UK

The Access Bank UK Ltd has taken a significant step forward in its digital transformation journey, partnering with Profile Software to implement the Axia Suite. This strategic move reinforces Profile's vision of equipping financial institutions worldwide with future-ready platforms that drive digital leadership, client trust, and sustained growth.

Mr Evangelos Angelides, Chief Executive Officer at Profile Software, expressed pride in welcoming The Access Bank UK Ltd to the Axia Suite community. He emphasized the shared commitment to innovation, operational excellence, and client-centricity. On the other hand, Mr Jamie Simmonds, Chief Executive Officer & Managing Director at The Access Bank UK Ltd, expressed that the adoption of Axia Suite is a strategic move to strengthen and personalize Wealth Management services for clients.

Axia Suite is designed to meet the specific needs of The Access Bank UK Ltd, offering customized portfolio solutions while supporting a superior client experience. The platform consolidates all Wealth Management operations on a single, integrated infrastructure. This consolidation will streamline client onboarding through integrated digital workflows and empower the bank with advanced capabilities across the entire investment lifecycle.

Back-office operations will be optimized through Axia's integrated straight-through-processing (STP) capabilities. Front-office teams will benefit from sophisticated portfolio modelling and rebalancing tools, alongside order management functions. The platform's Digital Investments Hub (DI.hub) is designed to enhance the digital client journey, and execution-only clients will have the ability to initiate trades directly via the mobile app.

The Access Bank UK Ltd offers a comprehensive portfolio of financial services, including Commercial Banking, Asset Management, and Trade Finance. By partnering with Profile Software and implementing the Axia Suite, the bank aims to further strengthen these services, providing a more personalized and efficient experience for its clients.

In recent months, Profile Software has welcomed other financial institutions collaborating on AI-based financial solutions. Notable advancements have been made by companies like Experian with its AI-powered solution for model risk management, and Dydon AI with its AI-supported EU-Taxonomy reporting tool used by institutions including Sparkasse Bremen. However, the specific institutions cooperating with Profile Software on AI financial solutions are not currently disclosed.

This partnership marks a key milestone in The Access Bank UK Ltd's digital transformation journey, and it is expected to bring significant benefits to both the bank and its clients. Software named Share has partnered with The Access Bank UK Ltd for the deployment of its Axia Suite, an end-to-end Wealth Management platform. As the bank embarks on this digital transformation journey, it is poised to deliver enhanced services and maintain its position as a leading provider of financial services in the UK.