Vitec Aloc

The first Danish company that was included in the Vitec family.

With nearly 40 years of experience in delivering efficient and agile solutions for the capital market, Danish Vitec Aloc has customers throughout the Nordic region and Western Europe. Vitec Aloc’s 75 employees have roots in the financial sector and thus an excellent understanding of their customers’ needs. This creates efficient processes that are tailored to the individual customer. Vitec Aloc has been part of Vitec Software Group since 2014.

“We offer specialized software products for the financial sector, pension funds, insurance companies, banks, private banking, family offices and asset managers. Our customers operate in a highly regulated market, so we offer support to comply with these laws, such as anti-money laundering controls and more,” says Mikkel Rahbek Brunse, CEO of Vitec Aloc.

Vitec Aloc’s offering covers everything from consulting and analysis to integration, implementation and hosting of the company’s software products, which consist of the Portman, Ideas and Superport products, in three main business areas: Wealth Management, Trading & Order Management and Treasury.

All software products are modular standard systems built on a Windows platform, which means customers only have to pay for the modules they use. With Vitec Aloc’s SaaS-offering, they are guaranteed continuous upgrades and improvements.

“We endeavor to use the latest technological advancements in our business. For example, we use AI to create content for different platforms, and our developers use AI to write code and solve problems. We also have a few projects in which we’re testing and working on the experience of ChatGPT and Copilot-generated features. A lot of our employees are enthusiastic about the possibilities,” says Mikkel Rhabek Brunse.

When Vitec Aloc enters a partnership with a customer, it does so with a long-term perspective and develops its products in collaboration with users, based on their ideas and experiences. The main task is to ensure optimal use of the systems while contributing to increased value creation.

Sydbank, Denmark’s third largest bank, is a full-service corporate and advisory bank with 2,100 employees. Sydbank has been working with Vitec Aloc for over 25 years. Vitec Aloc’s products are used for asset management and private banking in the “Wealth Management” department. Vitec Aloc’s online dashboard, “Cockpit,” is used in daily meetings with investment clients. They also use the client reporting solution in both private banking and asset management.