Software Company Sees Rise in Profits
Fineos increases profits despite challenging market conditions.
Specialist software firm Fineos has seen its pre tax profits grow by €2 million, according to accounts filed with the Companies Registration Office. The firm provides software products and solutions to the financial services industry, and employs around 200 people in its home office and associated offices in Europe, Australia and North America.Despite an influx of new companies providing the same services as Fineos, and reduced spending by their existing clients, the company stated that there was still a lot of interest in their products. While market conditions remain challenging, the company says that it is committed to keeping their costs as low as possible.