Profile Centevo, a member of Profile Software and a leading Asset and Fund Management software provider in the Nordics, announces the signing of a long-term strategic agreement with Landkreditt Bank for a complete fund administration and trading platform.

Landkreditt Bank, a well-established Norwegian bank serving both the agricultural sector and the private market, has selected Profile Centevo to modernise its fund operations, improve cost efficiency, and deliver a stronger digital experience to its customers.

A central element of the agreement is the migration of Landkreditt Bank mutual fund unitholder registers to Profile Centevo’s internal register and fund services platform. This transition reduces third-party dependencies, simplifies the operational setup, and enables a more scalable architecture for future growth.

Einar Storsul, Chief Information Officer at Landkreditt Bank, commented: “Our objective was to establish a stable, future-ready platform for our fund services. Moving to Profile Centevo’s solution gives us a clean, integrated setup with improved data flows and operational control. The migration was handled professionally, and we are now well positioned to support future business growth.”

Stefanos Athanasiadis, Managing Director Investment Solutions – CEO at Profile Centevo, added: “Entering a long-term agreement with Landkreditt Bank is an important milestone for us. Our platform provides them with a modern, scalable setup that supports both current operations and future growth. Landkreditt Bank is the newest addition to our platform in Norway, and we look forward to a strong, long-term collaboration.”

Evangelos Angelides, Chief Executive Officer at Profile, stated: “This partnership strengthens our presence in the Norwegian market and underlines the role of the Profile group as a long-term technology partner for Nordic financial institutions. Our focus is on providing robust, modern solutions that help clients navigate structural change while remaining competitive.”

Profile Centevo strongly supports the growth of the financial institutions by providing innovative, AI enabled solutions that transform the asset and fund management experience, maximise overall client performance, and ultimately redefine the financial services landscape in the Nordics.