Profit Software presents at finance conference in Denmark

Company sales head demonstrates how Profit Software’s approach to solving insurance IT challenges drives better business results for banks and insurers.

The two-day “Bank, Finans og Forsikring” event, held near the Danish capital Copenhagen, attracted some 70 delegates from companies across the local banking and insurance industry. Keynote presentations covered changes in market conditions; the value of IT in the financial sector; and organizational issues within finance companies.

In Profit Software’s presentation, company sales head Tuukka Pulkkinen looked at the various IT challenges faced by insurance service providers and how many of these are solved by Profit Software’s solution. “Some insurance service providers are using their entire IT budgets simply to maintain existing systems, leaving them few resources to reinvest in new product development,” said Pulkkinen. “With Profit Life&Pension they can not only save on IT costs, but also enjoy the benefits of our solid product development roadmap and upgrade path.”

Profit Software’s next public appearance will be in Finland on 2 June 2010 at the "Industry Forum Banking & Insurance,” a similar event for the Finnish financial community.

About Profit Software
Profit Software offers a suite of web-based software products that allow insurers, banks and financing companies to create and provide life and pension insurance services, as well as long-term savings agreements.

Since the foundation of Profit Software in 1992 we have served more than 40 clients in nine countries. Today, we lead the market for life and pension insurance solutions in Finland and the Baltic States, and have a growing network of customers in Norway, Sweden and Central & Eastern Europe. Our headquarters are in Helsinki, Finland, and we have subsidiaries in Tallinn, Estonia, and Warsaw, Poland. Profit Software employs approximately 120 people.