Athens, 11 February 2025: Profile, a leading international financial solutions provider, has announced the inauguration of its new Hub in Patras, marking a significant step in its strategy for innovation and technological progress. The new office will serve as a research and development (R&D) centre, dedicated to the development of advanced Financial and Business solutions using AI and LLMs.

This expansion follows the success of the company's Thessaloniki subsidiary, established in 2020, where a team of specialised IT engineers has been focused on developing Profile's next-generation digital banking platforms.

Patras was selected as the location for the new hub due to the city's rich talent pool of IT professionals and the presence of renowned academic institutions that cultivate the next generation of technological expertise. The hub will be staffed by highly qualified scientists and software engineers, who will play a significant role in the development of innovative solutions implemented by Profile, including:

• Natural Language Interface Development: Automating data analysis through the capabilities of Large Language Models (LLMs), enabling intelligent and rapid inference from large volumes of data.

• AI-Driven Advisory: Evolving the robo-advisor for investment guidance by utilising advanced Machine Learning algorithms.

• Finuevo-NextGen: Introducing next generation banking services with the integration of Artificial Intelligence technologies, transforming the way financial institutions operate.

• RiskAvert-Insight: A bespoke solution for regulatory risk management, utilszing Artificial Intelligence and Reinforcement Learning Models to enhance compliance and efficiency of financial institutions.

Mr. Evangelos Angelides, Chief Executive Officer at Profile, commented: “The establishment of the new hub in Patras is an important leap towards the expansion of our Group. We are investing in the talent and expertise of Greek software engineers, enhancing the development of innovative solutions that meet the modern needs of the financial sector and beyond.”

Profile Software's new hub in Patras is poised to support the Group's strategy for continued growth and technological leadership, whilst contributing to the local economy by creating new employment opportunities within the IT sector.