Euronext Announces Completion of Sale of Centevo
Source: David
Fazzaco has learned that Euronext, the largest stock exchange in Europe, has completed the sale of Centevo to Profile Software, an international financial solutions provider.
Centevo offers a comprehensive and standardised panel of services to its clients to support asset and fund manager processes, from onboarding of end clients to asset management services in the Nordic region.
Euronext VPS states that it will continue to work in close collaboration with Centevo to provide their common clients with best-in-class services.
Euronext announced the completion of the acquisition of Oslo Børs VPS on 18 June, 2019. And Centevo was part of this acquistion. In 2020, Centevo generated c.€5.5m of revenues.
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