Vitec Software Group AB: SDC chooses PORTMAN from Vitec

Vitec has entered into agreement with SDC, that SDC will replace its current portfolio management software. The SDC-banks will commence the use of Vitec's portfolio management software product PORTMAN, in addition with the investment advisor solution COCKPIT. The solution will provide almost 2.000 investment advisors with an overview of customer's investments, and support the SDC-banks portfolio management and client reporting within the investment area.

SDC found that Vitec's products matches the needs SDC has for a cross asset system, capable of supporting continuous portfolio rebalancing and providing an attractive solution for client reporting. An important parameter in choosing the PORTMAN solution is the integrated support of MiFID II, as well as the calculation method of TWR.

Vitec product PORTMAN is based on a standardized platform, with the possibility to adapt different individual modules, as needs and demands changes in a dynamic capital market.

• We decided to use PORTMAN from Vitec, as it provides us with a cost-effective, simple and modern solution from a strong Nordic supplier, says Mikkel Kallerup Olsen, Development Director SDC.
• It is with a mix of pride and humility, that we have signed this agreement with SDC. SDC is a strategically important partner to us, as they with a strong and professional footprint in the Nordic financial sector matches Vitec's business strategy completely. Moreover, we experienced a good cultural match between our businesses during the process of finalising the agreement. I feel confident, that our collaboration will support the success for the clients of SDC in many years to come, says Kim Møller Jensen, CEO Vitec Finance & Insurance in Denmark.

SDC A/S - Powering great banking experiences

SDC is a customer owned Nordic datacenter, which in a daily basis serves 120 small and large banks in all the Nordic countries. SDC has lived the community for a joint Nordic IT-platform for more than 50 years, with clients in Denmark, Norway, Sweden and on the Faroe Islands.

Vitec - To rely on today and tomorrow
Vitec Finance & Insurance in Denmark is part of Vitec Software Group and provide solutions which meet all professional requirements for portfolio and risk management, treasury and stock exchange trading, and they are used by some of the most successful companies on the market. Our services cover a full range from consultancy and analysis via integration and implementation to hosting.

For more information, please contact
Kim Møller Jensen, CEO Vitec Finance & Insurance in Denmark, tel. +45 6313 6176
Lars Stenlund, CEO Vitec Software Group, tel. +46 70 659 49 39