GFT press releases

SC Ventures by Standard Chartered Bank and Giesecke+Devrient Complete the First Central Bank Digital Currency Transactions on the Universal Digital Payments Network.

The partnership will leverage GFT’s deep engineering skills, global reach and strategic focus on modern banking platforms.

GFT’s Integrated generative AI solution, part of GFT AI.DA Marketplace, boosts productivity of software production by 25 percent.

The project portfolio management software (PPM) helps to significantly reduce product development costs.

Above-average growth in Europe, business picks up in Brazil, significantly improved profit margins in third quarter.

Banks complete first test transactions between USDC and EURS stablecoins on UDPN infrastructure.

GFT already generated 30 percent growth with artificial intelligence (AI) in 2022. Now the digital transformation group is sharpening its focus on this technology of the future.

GFT took 3rd place in the SDAX in the renowned "Investors' Darling" capital market competition, marking it as one of the best financial communicators in Germany. The company even improved its overall ranking by 86 places. In addition, GFT was named "Rising Star of the Year.

For the second year running the influential report from analysts Quadrant Knowledge Solutions has recognised GFT as a Leader in the field of digital banking. The digital transformation pioneer even improved on last year’s already excellent ranking.

The value of tokenised assets is expected to reach over 3 trillion euros by 2030 in the European market alone. SWIAT aims to create a single global standard for the processing of blockchain-based securities. As a partner GFT will provide selected blockchain nodes such as validator nodes.

GFT has received the prestigious “Google Cloud Services Partner of the Year - Poland” award. This recognition celebrates GFT’s exceptional dedication to its clients and the remarkable expansion of its Google Cloud practice throughout 2023.

GFT Technologies SE (GFT) continues to grow. With revenue growth of 10 percent, the digital transformation pioneer maintained its upward trajectory in the first six months of 2023.

GFT is expanding its Amazon Web Services (AWS) business division with the appointment of Brigitte Sollie as SVP, Global Head AWS Sales and Strategy to help companies outpace the rest of their industries with increased speed to market, scalability, resilience and sustainability in their digital offerings.

GFT achieves “Prime” Status for the first time in International Shareholder Services Inc. (ISS)’s sustainability rating. As part of the regular review, GFT was able to improve its rating to “C”.

Assets of all kinds are becoming fully or partially digital. Companies now have access to a cost-effective and seamless path towards highly customisable, enterprise-secure, and efficient digital asset custody and tokenisation solutions.

Hauck & Aufhäuser Investmentbanking has initiated coverage of GFT Technologies SE. The analysts recommend buying the shares of the digital transformation expert. The price target is €44.00. Based on the Xetra closing price on May 25, 2023, this means a price potential of almost 60%.

GFT continues to grow. With revenue growth of 10 percent, the software group once again outpaced the market in the first quarter of 2023. Adjusted EBIT rose by 17 percent and EBT by 12 percent compared to the same period last year.