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PRESS RELEASE: Institutional Trust Services implements QPLIX Software for advanced digital Backoffice services in asset management.

Friday 26 January 2024 - Hans Roodhorst
January 29th, 2024. Institutional Trust Services B.V. (ITS), a Dutch provider of financial administration and reporting services, is implementing the advanced SaaS-based consolidated reporting and controlling solution from German wealth tech provider QPLIX GmbH. Family offices, insurers and pension funds outsource investment administration and reporting activities to ITS who is also known for its regulatory reporting services for more than 20 years now. With QPLIX, ITS will further improve its service levels and expand its investment and accounting reporting offering by leveraging state-of-the-art technology and digital capabilities.

”With QPLIX all data and documents are made available digitally in a single system for seamless, paperless processes. This further increases our operational efficiency and enables to deliver better services to our customers”, says Quintin van Wijk, Director at Institutional Trust Services B.V. The QPLIX software consolidates, reconciles, and digitalises the data on all types of liquid and illiquid assets. It maps complex ownership structures and enables the management of investment guidelines on a large scale. Furthermore, it enriches asset data with market data and ratings. Transaction data and documents from custodian and bank accounts are updated in near real-time via QPLIX's banking API network or via SWIFT. Data on non-bankable assets, such as private equity, direct holdings, real estate, loans or collectibles are also managed in a standardised and structured manner.

"More and more institutional investors and smaller single-family offices are outsourcing administrative, accounting or reporting tasks to specialists such as ITS. This allows them to focus on their core business and investment strategy. With its wide range of functionalities and high scalability, QPLIX enables financial service providers and their clients to benefit from tailor-made offerings and economies of scale," adds Kai Linde, Co-founder and Co-CEO at QPLIX. 
QPLIX supports investment managers and administrators with a wide range of asset and portfolio management functionalities, from slice and dice analysis to controlling and reporting. The set of advanced tools includes ESG assessment, fund look-through, ordering and payment, to name but a few. ITS's main objective is to relieve its clients of financial accounting reporting tasks and to generate accurate, clear, and legally compliant reports (think MIFID II) for investors, their clients, and regulators on a large scale. Linde: “Winning ITS as a customer means an important step into the key Benelux market for QPLIX. This is another milestone on our road to becoming the European champion in Wealth Tech.”

QPLIX boosts efficiency by fully or partially automating tasks such as monitoring investment guidelines or rebalancing. “With QPLIX, we will be able to take efficiency, scalability and transparency to a new level and expand our service portfolio for our institutional investor clients. We will now be able to offer clients a fully integrated mid- and backoffice service experience that can level with the integrated offerings of the more custodian-like services and that as well enables a seamingless online experience across desktop and mobile devices,“ says Van Wijk.

About Institutional Trust Services (ITS)
Institutional Trust Services (ITS), established in 2000, is a leading provider of administrative support in the investment sector, catering to asset managers, pension funds, insurance companies, family offices, and charity foundations. Renowned for its tailored and flexible services, ITS offers a comprehensive range of mid- and back office services including investment accounting and reporting services as well as the preparation of specific regulatory reports such as SFDR PAIS, MER/MESRAP, FTK, QRT, AIFMD (Annex IV), and annual accounts. Since its inception, ITS’s management has maintained a solid and sustainable policy focused on long-term growth and maintaining high quality standards in service delivery. The company is committed to building long-term relationships with both clients and employees, ensuring the quality of its processes by having them annually audited against ISAE3402 Type II standards, thereby emphasizing its commitment to excellence and reliability.
Leading single and multi-family offices, foundations, investment funds, asset managers, institutional investors and private banks across EMEA optimise their operational portfolio management with QPLIX. Automated processes based on reliable and up-to-date data increase efficiency. At the same time, fast and transparent communication and digital client services improve quality. The QPLIX platform holistically maps the full range of liquid and illiquid asset classes as well as diverse client structures and consolidates all investment data in a high-performance database. The software enables portfolio management and asset owners to securely access reports and real-time analysis at any time via the individual client portal or the app. IT infrastructure and security are provided by QPLIX - Software as a Service for maximum flexibility. QPLIX GmbH was founded in 2012 by Kai Linde, Philipp Pötzl and Mathias Lindermeir. The team consists of more than 100 software and finance experts in Munich and Frankfurt.

Press contact ITS
Hans Roodhorst
Business development & account manager
Tel: +31 (0)651502620

Press Contact QPLIX
Sebastian Deck
Tel.: +4917615226019