PROFILE SYSTEMS & SOFTWARE SA

New BASEL II project for PROFILE - Eurobank EFG selects SunGard/PROFILE solution for Basel II reporting requirements

PROFILE via its partnership with SunGard has been assigned by Eurobank EFG to implement a software solution concerning the new capital requirement directive for banking institutions (Basel II). Eurobank EFG selected SunGard's Basel II Capital Manager, the prime software choice of large banks for the calculation and management of regulatory and economic capital and the production of regulatory reports. The integrated solution covers all aspects of pillar 2 and 3 of the Basel II accord. SunGard's Basel II Capital Manager offers a complete solution for modelling and analysing Risk, which enables financial institutions to comply with the Basel II requirements. This is an important signing for PROFILE, as Eurobank EFG is the second largest Greek bank in terms of market capitalisation. EUROBANK EFG chose Basel II Capital Manager because of its wide international acceptance, and the support provided by PROFILE as SunGard's strategic partner in Greece and the S.E. Europe region.

Notes to the editors
About PROFILE:

PROFILE provides integrated software solutions in the Financial sector and the wider business sector via its two distinctive business units with offices in Athens, Thessalonica, Cyprus and Romania. In particular, PROFILE Financial Solutions Business Unit offers solutions in the fields of Investment Management, Treasury & Risk, Brokerage & Trading, Market Data & Analytics, Shareholders Management and Banking. PROFILE Business Solutions Unit offers software solutions of integrated systems in the field of CRM, e-Business, Ticketing (shipping and ferries and tourism), system integration and education. Website: www.PROFILE.gr
About SunGard:

With an annual turnover of 4bn dollars SunGard is the leading company worldwide in the provision of software solutions to the financial and public sector. SunGard also supports independent companies to ensure continuation of their cycle of business via the provision of business continuity solutions. SunGard has more than 25,000 customers in more than 50 countries among which are the top 50 financial services companies. Website: www.sungard.com