Press releases & news
GFT achieves the Guidewire PartnerConnect specialisation: BillingCenter North America. GFT is a Guidewire PartnerConnect Consulting partner at the Advantage level and works with Guidewire in the Americas and Europe.
Software can be part of the climate solution: The GreenCoding initiative by GFT helps companies design, program and run software in a more environmentally friendly way. This contributes to the preservation of the environment and the fight against climate change. In addition, GFT is announcing its commitment to achieving climate neutrality in its own operations by 2025.
At GFT, diversity, equality, and inclusion are at the core of who we are. Ensuring a strictly non-discriminating working environment for all communities is one of the main pillars of our diversity strategy, based on our core values and inclusive culture.
The WomenTech conference wants to make a difference globally by enabling women's empowerment through leadership development, professional growth, mentorship and networking events for professionals in tech. GFT joins the event from 7-11 June and contributes with three speakers and a virtual booth.
GFT Technologies SE (GFT) can look back on a very successful first quarter 2021 with significant growth in revenue and earnings. There was a year-on-year increase in revenue of 10 percent to EUR 123.92 million, while pre-tax earnings (EBT) rose by as much as 132 percent to EUR 7.01 million. Strong orders received also indicate consistently high growth for the following quarters.
April 27, 2021 – GFT and Vodeno, a fully cloud-based Banking-as-a-Service provider, aim to accelerate clients’ digital transition to new cloud-native technologies. Together they will enable banks to significantly reduce IT and compliance costs while also enabling banks to be more responsive, improving customer experience.
GFT Technologies SE (GFT) got off to a very good start in 2021 and has upgraded its full-year guidance for revenue and earnings. The reason is that revenue rose strongly in the first quarter and orders received for the coming quarters indicate structurally increased growth.
Hannover Messe: T-Systems and GFT are collaborating on the Industrial Internet of Things (IIoT). Together, they offer the manufacturing industry solutions for analyzing big data for machines, production and planning. End-to-end and directly on the workshop floor. To do this, the partners are combining GFT's Digital Twin platform "sphinx open online" with edge computing from T-Systems and artificial intelligence from the cloud. Errors in production are detected up to 300 percent faster.
GFT, the global IT services and software engineering firm, announces Andy Lund's appointment as the Google Cloud lead for GFT across the UK and EMEA. This follows a year of record Google Cloud growth which has seen the firm cement important relationships within the UK financial services arena and establish new client accounts across multiple industries, including manufacturing, retail and automotive.
GFT announces it has achieved the Mainframe Modernization Expertise status in Google Cloud’s Partner Advantage Program. By partnering with Google Cloud, GFT is able to provide enterprise clients an alternative platform strategy to maximize the value of their mainframe-based applications and existing systems. Optimized mainframes help accelerate sales and development initiatives while providing clients with more choices and agility.
GFT Technologies SE (GFT) exceeded its revenue guidance of 19 June 2020 for the year 2020, and even significantly surpassed its earnings guidance. The preliminary results for the financial year 2020 show an increase in revenue of 4 percent to EUR 444.85 million (guidance EUR 440 million).
The global IT services and software engineering firm GFT and cloud native core banking company Thought Machine today announce the availability of BankLiteX. Co-developed by GFT and Thought Machine and running on Amazon Web Services (AWS), the new solution enables clients to create and deploy a cloud-based digital bank faster than ever before.
GFT is continuing its strategy of diversifying into new markets and following its customers, expanding further in the Asia-Pacific market. The company has set up offices in the global financial hubs of Singapore and Hong Kong as well as a new nearshore delivery centre in Ho Chi Minh City, Vietnam.
Giving control back to data owners: GFT acquires minority stake in start-up One Creation
GFT has been recognised by consulting and research firm Everest Group as a ‘Major Contender’ for system integrator capabilities on Amazon Web Services, Google Cloud Platform, and Microsoft Azure.
The main components of Lab1886 will be acquired by RB-Capital GmbH, majority-owned by GFT founder Ulrich Dietz. Daimler will hold a minority interest in the resulting 1886Ventures innovation platform. A further 10% of 1886Ventures will be held by the globally active software company GFT Technologies SE.
GFT is proud to announces it has won the prestigious UK IT industry Awards 2020, for Services Company of the Year, in the category of operational excellence. The awards are backed by the British Computer Society, Computing Magazine and Egress Software.
In light of a positive revenue trend in the first nine months of 2020, GFT Technologies SE (GFT) is once again confirming its outlook for revenue and EBT.Revenue rose by 4 percent.
GFT announces it has expanded its global partnership with Digital Asset to include DAML smart contract support for R3’s Corda blockchain. GFT is one of a select number of resellers providing DAML for Corda enterprise support globally with the service from GFT being available immediately.
GFT was recently recognized by consulting and research firm Everest Group as a Major Contender, according to the results published in its Guidewire Services PEAK Matrix® Assessment 2020.
GFT announces a global strategic partnership with Thought Machine, the cloud native core banking technology firm.
GFT announces it has won two golds and a silver in the IT World Industry Awards: gold for Achievement of the Year in Learning and Development, gold for Achievement of the Year in People-Focused Workplace and silver for Best IT Company of the year IT (cloud/SaaS).
Following a positive development of revenue in the first half of 2020, GFT Technologies SE (GFT) confirms its outlook for the year 2020. Revenue rose by 5 percent, with 4 percent organic growth.
GFT is unveiling IDE (Intelligent Damage Evaluation), a system for the automatic recognition and appraisal of vehicle damage. By providing the car’s registration number and photos of the damaged areas, the system can identify the vehicle, assess the damage in the photos, and use database details to estimate the scale of the damage – including non-visible internal damage.
GFT has been recognised by the analyst firm Everest Group as one of the 20 leading global providers of IT services for Open Banking, according to its PEAK Matrix® report. In addition, GFT has been designated a Star Performer for outstanding progress it made in this sector over the past year.
GFT announces the availability of an expert High Performance Computing capability and a new GFT Point of View paper (POV) discussing the adoption of HPC in financial services.
GFT announces the appointment of three new executive directors for the Atlantic region. These include New York based Soheil Negahbani, together with Leon Orr and Elliot Wright who are both based in the London office.
We are dedicated to raising awareness about the inclusion for LGBT+ talents all over the world. Ensuring that we are creating a strictly non-discrimination environment for all communities is one of the most important pillars of our diversity strategy based on the 5Cs – GFT´s core values and our inclusive culture.
GFT got off to a good start in its financial year 2020. In the first quarter of 2020, total revenue increased by 6 percent with purely organic growth of 5 percent. The dynamic growth outside the top-2 clients continued and once again reached 22 percent.
GFT´s Annual Report 2019 describes the digital transformation in the financial and industrial sector as well as GFT projects and cooperations. Besides, it offers extensive information about the business development of the company and the key financial figures.
GFT has won the prestigious ‘Google Cloud 2019 EMEA Breakthrough Partner of the Year’ award. This award recognises GFT’s work on behalf of customers and the growth in its Google Cloud practice in 2019.
GFT has been designated as a global Google Anthos Service Partner. Google Anthos is an open source, hybrid modernisation platform, providing a unique ‘single pane of glass’ enabling clients to manage and monitor an entire hybrid and multi-cloud infrastructure.
The impact and spread of COVID-19 is keeping us all on edge right now. Let me give you some insights on how GFT is managing the current situation and what this means for you. First and most importantly, our services remain unchanged and continue as before. We are all working very closely together, providing you with the usual high quality and security standards. There have been no disruptions of services globally and I am sure you would agree we can be proud of the GFT account teams. We even managed to successfully go live with two challenging new projects.
For the past seven years, the Women's Career Index (Fki) has been awarding prizes to companies that promote a culture of change and innovation and in particular promote the careers of women. This year GFT Technologies SE (GFT) is again among the top 10 most women-friendly companies in the FKi ranking. GFT attaches great importance to diversity and supports women in management positions. With Marika Lulay as CEO, a woman has been at the head of the company since mid 2017.
The preliminary figures for its financial year 2019 show an increase in Group revenue of 4 percent to EUR 428.98 million due to the successful implementation of the client and sector diversification strategy.
The firm now retains over 250 Google Cloud fully certified engineers among its total of 500 experts covering all major cloud technologies. Another major step are two new Google Cloud specializations: Security and Application Development, alongside the firm’s recognized Data Analytics capabilities.
GFT has been recognised by the analyst firm Everest Group as one of the main competitors in three categories of its PEAK Matrix™ reports: enterprise blockchain services, plus application and digital services for both banking and capital markets.
GFT Technologies SE acquires the software supplier in-integrierte informationssysteme GmbH (in-GmbH). With effect from 1 January 2020, GFT took over the Constance-based company with around 40 employees and thus expands its expertise in the field of shop floor transparency and process integration for industrial clients.
The Administrative Board of GFT Technologies SE (GFT) has prematurely extended the contract of the Executive Director and CEO, Marika Lulay, by a further five years until 31 December 2024. The Administrative Board is thus committed to continuity in the management of the company.
To underpin its ongoing diversification and international growth strategy, the GFT Group is expanding its Group Executive Board (GEB) and adjusting regional structures. Besides CEO Marika Lulay, CFO Dr Jochen Ruetz and Group COO Joan-Carles Fonoll, the new GEB members will be David Collins, Christopher Ortiz, Jens-Thorsten Rauer and Marco Santos.
GFT is delighted to be a sponsor at Amazon Web Services (AWS) re:Invent conference taking place in Las Vegas from 2 – 6 December 2019. Showcasing at booth 213, GFT will be joining experts from around the globe at one of the world’s leading technology events.
At Google Cloud Next, GFT is hosting the first public showing of Tranquility Base – a vendor agnostic open source initiative which delivers a full multi-cloud datacenter written in code (Datacenter as Code [DaC]).
GFT is delighted to be a premier sponsor at Google Cloud Next 2019. The event is taking place at ExCeL in London Docklands on Wednesday 20th and Thursday 21st of November 2019. The two-day conference will see the launch of Tranquility Base, the revolutionary, new open source multi-cloud datacenter as code landing zone offering.
GFT grew its revenue outside the top-2 clients by 23 percent in the first nine months and by 28 percent in the third quarter of 2019. As a result of the company’s successful diversification strategy, the revenue share of its insurance business reached 11 percent. All in all, Group revenue rose slightly by 2 percent.
During last night’s ceremony at the annual IoT Solutions World Congress in Barcelona, an international jury once again presented the best projects showcased over the week. Amongst the winners: GFT’s Real-Time Car Telemetry Analytics for Adaptive Insurance and Other Connected Car Applications Solutions.
GFT has been chosen by a committee of experts coordinated by the Industrial Internet Consortium (IIC) as one of ten companies to show innovative solutions in the so called testbed section of the IoT Solutions World Congress in Barcelona (29th – 31st October).
GFT today announces that Christian Ball has been appointed as Chair of its Global Retail Banking Strategy Group.
GFT has been recognised in the ‘Trade & Treasury’ category of the IDC Fintech Rankings: Real Results for the Trade Finance solution developed for ‘limit management and risk distribution’ at Deutsche Bank.
GFT is delighted to be at Sibos 2019 in London next week between the 23rd & 26th September at the ExCel and will be presenting daily on the latest in digital transformation.
GFT has appointed a new member to its Group Executive Board: the five-person committee with global responsibility has been strengthened by the addition of Joan-Carles Fonoll since the beginning of the third quarter of 2019.
GFT Technologies SE (GFT) today published its results for the first six months and the second quarter of 2019. Measures aimed at diversifying clients and sectors continue to drive good progress: revenue outside the top-2 clients grew by 20 percent and the proportion of revenue generated with clients in the insurance sector reached 11 percent.
GFT Italy is to receive funding of around EUR 16 million from the EU programme Horizon 2020.
GFT sets up centres of excellence for Guidewire implementation in Poland and Spain and announces customer Groupe Macif
Guidewire platform to help MACIF transform its business, increase operational efficiency, and support digital strategy; GFT to support implementation
With effect from 1 July, GFT aquires the industry and IT expertise of TRUMPF subsidiary AXOOM and enter into a development partnership with TRUMPF to drive smart factory business. This strategic milestone represents an acceleration of GFT’s industry drive and an expansion of its industrial expertise, as well as the addition of a new location in Karlsruhe.
GFT will be joining our partners Digital Asset in London this month for Synchronize Europe 2019, the leading conference dedicated to enterprise and institutional applications of Distributed Ledger Technology (DLT), blockchain technology and smart contracts within financial services.
Google Cloud recognizes GFT’s technical proficiency and proven success in data analytics.
The mobile payment app created by Nexi with support of GFT is dedicated to millennials and offers full digital experience.
GFT are sponsoring Data Migration Matters 10 (DMM10) in London later this month, the annual industry event exclusively devoted to Data Migration. Taking place on Thursday 23 May at the BCS Headquarters DMM10 aims to bring together leading authorities in the data migration field including industry analysts and senior managers who have been there, done that and can share their experiences.
GFT today published its results for the first quarter of 2019. As planned, the company continued to widen its client structure: revenue without the top-2 clients grew by 19 percent and the revenue share of the insurance business reached 11 percent.Adjusted EBITDA rose by 11 percent.
Telefónica Germany has won a Celent Model Bank Award for the category Business Model Innovation with O2 Banking. It is implemented in cooperation with Munich-based Fidor Bank. GFT supported Fidor with the front-end user experience (UX) design.
GFT and the Spanish company Electronic IDentification (eID) have announced a worldwide collaboration agreement.
GFT is delighted to be sponsoring the 34th annual Retail Banking International (RBI) conference in London later this month on Wednesday 24 April. Our very own Christian Ball (Head of Retail Financial Services) will be speaking at 11:50 on ‘Driving digital transformation through the monetisation of open banking’.
GFT´s Annual Report 2018 describes the digital transformation in the financial and industrial sector as well as GFT projects and cooperations. Besides, it offers extensive information about the business development of the company and the key financial figures.
GFT Technologies SE (GFT) today published its preliminary results for the financial year 2018. Revenue developed in line with expectations to reach EUR 413 million. One important success is the Group’s ongoing diversification of its client base: revenue without its top-2 clients rose by 9%.
GFT Technolgies SE (GFT), a global IT company focussing on the financial services industry, and Blue Prism, a leader in Robotic Process Automation (RPA), are joining forces to help banks and insurance companies increase productivity, improve customer experiences and deliver new services through automation.
GFT are delighted to be hosting an event on Distributed Ledger Technology (DLT) next week alongside our partners at Digital Asset and Google Cloud. The event is entitled ‘DLT & Blockchain: The path to production’ and will take place at Google offices in London on Wednesday 28 November.
GFT Technologies SE (GFT) today published its results for the first nine months and third quarter of 2018. The revenue trend in the first nine months of 2018 was held back by the ongoing budget restrictions of two investment banking clients, but was almost offset by business with new and other existing clients, as well as by growth through acquisitions.
Fidor Solutions, an innovative provider of digital banking services, today announces its extended partnership agreement with GFT USA, Inc. This partnership will see GFT USA, Inc. offer Fidor’s operating platform (fidorOS/fOS) and associated services to banks across the Americas.
GFT is delighted to be sponsoring the upcoming SEACON 2018 in London on 12 November, were our own Christian Ball will be speaking on open banking. In a session at 11.30am entitled ‘The Reality of Open Banking.’
GFT has today announced the results of its independent performance analysis of Digital Asset’s distributed ledger platform.
GFT announces a significant expansion of its global client delivery capability, with the formation of the Modern Applications and Cloud Adoption practices.
GFT will be showcasing the Flexible Personalised Insurance (FPI) offering at the Google Cloud Next conference in London. FPI shows how to tap into the enormous potential of advanced driving data generated by Internet of Things (IoT) trip data.
GFT will be showcasing various solutions for industry at this year’s CODE_n new.New Festival in Stuttgart from 8 to 10 October 2018.
GFT is delighted to be a premier sponsor at Google Cloud Next 2018. The event is taking place at ExCeL in London Docklands on Wednesday 10th and Thursday 11th of October 2018.
GFT has been recognised in the ‘Efficiency & Agility’ category of the IDC Fintech Rankings: Real Results for the innovative dbPalace application developed for use across the whole of Deutsche Bank. GFT also ranked in position #41 of the 2018 IDC Financial Insights Fintech Rankings..
GFT takes premier sponsor spot at Google Next in London GFT is delighted to be a premier sponsor at Google Cloud Next 2018. The event is taking place at ExCeL in London Docklands on Wednesday 10th October and Thursday 11th of October 2018. The two-day conference will see GFT launching a brand new solution designed for the insurance market as well as showcasing our capabilities across cloud and micro services, blockchain, machine learning and enhanced data management capabilities amongst others.
Collaboration with Google Cloud and computing power of the cloud fuels real-time analytics platform for financial institutions and mortgage lenders.
After many years of cooperation, PLUSCARD Service-Gesellschaft für Kreditkarten-Processing mbH has chosen GFT Technologies SE as its strategic IT partner for its digital transformation. GFT is taking over the application management of the company's core applications. It will focus on the continuous development and optimisation of the IT infrastructure – particularly their entire application landscape.
GFT Technologies SE (GFT) today published its results for the first six months and second quarter of 2018. Its business with digitalisation solutions for retail banks continues to make good progress. This led to year-on-year revenue growth of 6 percent in its business division Continental Europe. The revenue trend in the Americas & UK division continues to be dominated by the cost-cutting measures of two major investment banking clients, leading to a decline in revenue of 12 percent.
After the inaugural new.New Festival in 2016 with more than 5,000 participants from 15 countries, CODE_n is back with the second edition. Once again, GFT is a major partner of the event. This time, it is all about Intelligence X.0. The event will take place from 8 to 10 October 2018 at the Hanns-Martin-Schleyer-Halle in Stuttgart, Germany’s stronghold of industry.
GFT Italy is to receive funding of around EUR 7.8 million from the EU programme Horizon 2020 for the coordination and realisation of the European innovation project FINSEC. The project is aimed at establishing an integrated framework for the predictive and collaborative security of financial infrastructures.
GFT study reveals the banking industry is more excited by the disruptive potential of cloud computing than its ability to simply reduce costs.
As a result of the acquisition, GFT will enter the Canadian insurance market, expand its market position in North America and gain a new site in Belgium. V-NEO develops integrated IT solutions and implements Guidewire services for leading insurance companies in Canada, Belgium and France. 160 employees will strengthen GFT’s industry expertise with a focus on digital applications within the property, casualty and life insurance sectors.
As a result of the acquisition, GFT will enter the Canadian insurance market, expand its market position in North America and gain a new site in Belgium. V-NEO develops integrated IT solutions and implements Guidewire services for leading insurance companies in Canada, Belgium and France. 160 employees will strengthen GFT’s industry expertise with a focus on digital applications within the property, casualty and life insurance sectors.
GFT’s Richard Miller, Strategy Head – Disruptive Technology, will be speaking at the Digital Asset London Client Forum later this week on Thursday 21 June.
GFT is delighted to be at this week’s Harnessing FinTech Innovation in Retail Banking 2018 taking place in London. The two day event on Wednesday 20 June and Thursday 21 June will feature thought-provoking sessions from Europe’s leading retail banks.
GFT are delighted to be joining technology partners Blue Prism at next week’s Blue Prism World 2018 London taking place at the Park Plaza, Westminster on Wednesday June 13th. The all-day event is London’s largest RPA event of 2018
GFT are delighted to be at CogX – The Festival for All Things AI, Blockchain and Emerging Technologies, taking place June 11-12 at the Tobacco Docks in London.
Barcelona Tech City, an association that brings together entrepreneurs and start-ups from Barcelona's digital and technological sectors, has announced the incorporation of GFT as a Corporate Partner. In this way, GFT, global technology partner for the digital transformation of the financial industry, becomes part of the Barcelona Tech City community with the aim of driving co-creation and open innovation to develop the banking of the future.
GFT & Bobsguide are hosting a webinar on Thursday May 17th entitled Open Banking- are you ready? A panel of industry experts will discuss the key building blocks for financial services as firms begin to construct their open banking strategies.
The GFT Group published its results for the first quarter of 2018 today. There was increased demand for projects based on new technologies, such as distributed ledger technologies, cloud, data analytics and artificial intelligence, in the first quarter of 2018. As a result, the GFT Group achieved quarter-on-quarter revenue growth of 5 percent to EUR 106.99 million and almost doubled earnings (EBITDA) to EUR 10.05 million. Compared to the strong first quarter of 2017 – which at the time was not yet impacted by the budget restrictions of two investment banking clients – revenue in the first quarter of 2018 was down by just 4 percent, while EBITDA rose by 1 percent.
As a strategic technology partner for the financial services sector, GFT’s vision for the future of banking involves digital transformation through the use of new technologies. Today, the company announced the creation of the new business unit, which will specialize in the development of its exponential banking strategy.
GFT and Google are delighted to be hosting an event on Artificial Intelligence (AI) on Wednesday May 9 at Google offices in Central London. This exciting event, is a great opportunity to see how AI can deliver effective solutions for real-world business problems.
GFT to be the implementation partner for Software AG's IoT platform business, focusing on “Cumulocity IoT”. The aim of the strategic IoT partnership is to support especially all mid-sized companies in defining and implementing their IoT strategy.
GFT’s Richard Miller, Strategy Head – Disruptive Technology, will be speaking at the inaugural IMN Synchronize 2018 taking place next week on Thursday 19 April in New York. The conference will cover Distributed Ledger Technology (DLT) and blockchain technologies dedicated to financial services applications.
GFT and Fidor Bank are delighted to be hosting a joint event taking place next week on Wednesday 18 April at 4:30pm. This exciting event at Techspace Shoreditch, London and is a great opportunity to hear from two forward thinking Fintech organisations on the concept of ‘The Bank as a Service’.
GFT has featured in a report from Gartner released this month entitled ‘Market Guide for Blockchain Consulting and Proof-of-Concept Development Services’. As a leading Distributed Ledger Technology (DLT) and blockchain provider, GFT contributed to the final report and is one of the representative service providers listed in this Market Guide.
Today, IT company GFT and start-up MYTIGATE signed a cooperation agreement that is set to revolutionise the monitoring and tracking of pharmaceutical supply chains. The aim of the collaboration is to create a Blockchain-based planning and tracking system utilising Distributed Ledger Technology. Both pharmaceutical and specialist logistics companies are potential clients.
What will the financial world of tomorrow look like? Which solutions do our clients need to stay ahead of the competition? These are the key issues which we tackle on our “Mission: Digital Future”.
Craig Parfitt (Head of Engineering, Atlantic, GFT) will be speaking on a panel at next week’s prestigious InvestOps WBR event in Tampa, Florida.
GFT is delighted to be the exclusive Digital Transformation Sponsor at next week's Retail Banking Innovation (RBI) conference taking place at the Hilton Bankside Hotel in London on Tuesday 27 March and Wednesday 28 March.
The GFT Group generated revenue of EUR 418.81 million in the financial year 2017 (2016: EUR 422.56 million) – just under 1 percent less than in the previous year. The guidance issued on 24 October 2017 of EUR 415 million for the financial year 2017 was thus slightly exceeded.
For banks, insurers and payment service providers, blockchain now provides solutions that were not possible with conventional technologies. One example is advanced invoicing: using a blockchain solution to deliver significant real-world cost savings and drastically reduce the risk of fraud.
Everest Group analyses the main service providers for the financial industry based on a PEAK Matrix™ assessments with GFT positioned amongst the top 25 financial technology companies worldwide.
GFT has being placed as overall winner alongside Deutsche Bank in the ‘Best Fintech Partnership’ category at the Financial Innovation Awards 2017. Now celebrating 20 years of innovation, the Financial Innovation Awards from The London Institute of Banking & Finance are a globally recognised awards platform, showcasing the best innovation across the financial services industry.
Craig Parfitt will expand the Artificial Intelligence (AI) innovation offerings in the Atlantic region, ensuring that global GFT delivery capabilities are coordinated with our partners and underpinned by ‘best-in-class’ engineering practices.
GFT and Anubex NV, a Belgian company specialising in application migration and modernisation, have signed an agreement to work jointly on projects for their clients in the financial industry.
Despite intensified cost-savings efforts by its investment banking clients, revenue in the first nine months was slightly up on the previous year. GFT once again enjoyed dynamic growth with digital solutions for retail banking clients in its Continental Europe segment.
GFT will have a considerable presence at the Gartner Symposium/ITxpo taking place in Barcelona from Sunday the 5th to Thursday the 9th of November.
GFT has today announced the results of its Digital Banking Expert Survey 2017. Above all, the results show that artificial intelligence (AI) can be seen as one of the hottest topics in the financial services industry these days. GFT’s Digital Banking Expert Survey 2017 reveals that in large institutions the percentage of respondents who see value in AI solutions reaches 94 percent. Find out more about GFT's current survey here.
In view of continued volatility in the financial services sector, the management of GFT Technologies SE (GFT) today announced plans to expand its business model, which was previously tailored to the needs of banks. At the same time, due to increased cost savings made by two clients in the field of investment banking during the fourth quarter, GFT has downgraded its revenue and earnings guidance for 2017.
GFT today announced the acquisition of Spanish IT company Mecanización de Empresas S.A. via its subsidiary GFT Iberia Holding S.A.U.
GFT announced a collaboration agreement with Sabis, Banco Sabadell’s IT company in Spain with worth 80 million euros in Spain.
Award recognises GFT for a successful retail banking initiative in Brazil, which offers customers a 100% digital onboarding and account management experience.
Over two thirds of consumers would be more likely to take out an extra product with their bank if it came with bespoke advice
GFT and Google are delighted to be hosting an event entitled ‘Google Cloud Spanner – A revolution for Financial Services’ later this month in London. Taking place at the Google Academy from 08:15 – 10:45 BST, the event provides an exciting opportunity to witness at first-hand a demonstration of this new revolutionary technology.
GFT has announced its partnership with Dexi, a leader in intelligent automated data software. This collaboration enables organisations to advance the way they interrogate external data sources, enhancing business processes and decision making through smart robotic data extraction.
Based on dynamic growth in business with digital solutions in Continental Europe, the consolidated revenue of the GFT Group grows by 5 percent to EUR 217.77 million in first half of 2017 (H1/2016: EUR 208.03 million). GFT achieved organic growth of 3 percent in the first six months.
Following a successful first quarter of 2017, a decrease in revenue with two major investment banking customers in the UK and North America will have a negative effect on the business development of GFT Technologies SE. Therefore, management decided today to scale back its consolidated revenue guidance for the entire year 2017 from 450 million euros to 425 million euros.
This is the fourth consecutive time GFT has achieved the CMMI level 3 accreditation, highlighting the excellence in risk management at GFT.
Andrew Rossiter will be committed to driving innovative GFT technology offerings, engaging with new customers and enhancing relationships with existing partners and clients seeking to embrace technology solutions.
Marika Lulay has been appointed Chief Executive Officer (CEO) of GFT Technologies SE and assumed responsibility for the company with effect from the end of the Annual General Meeting on 31 May 2017. Lulay succeeds Ulrich Dietz, who becomes Chairman of the Administrative Board, after 30 years at the helm of the IT company which he formed in 1987.
GFT and unblu plan to work more closely together in future. The companies recently signed a partnership agreement with the aim of and thus supporting their digitalisation strategies.
GFT is proud to be sponsoring the City & Financial RegTech: A Practical Guide to Harnessing the Benefits for the Compliance Function. The conference is taking place at The Hallam Centre in London on 16th May 2017.
Based on the positive development of business in the first quarter with a consolidated revenue growth of 14 percent to EUR 111.10 million the GFT The digitalisation of business processes still remains as strongest growth driver.
GFT is delighted to be at the Risk.Net Fundamental Review of the Trading Book (FRTB) training course taking place on Wednesday 22 March & Thursday 23 March in London.
GFT is delighted to be an Exclusive Innovation Sponsor at next weeks’ Retail Banking Innovation (RBI) conference taking place at CityPoint in London.
The GFT Group today announced its preliminary and unaudited figures for the financial year 2016. With solid growth in revenue and earnings, the technology specialist for the financial services industry exceeded its full-year guidance slightly. The main growth driver was demand from retail banks for digitalisation solutions. In the Americas & UK division, growth was slowed by the reduced propensity of investment banks to invest in IT services.
In particular, GFT is one of the companies that will be based in ‘4 Years From Now’ (4YFN), the international gathering of tech entrepreneurs that will celebrate its fourth edition, which hopes to reach 20,000 attendees this year.
GFT is proud to be sponsoring the JWG RegTech Capital Markets Conference taking place on Tuesday 28 February at the Grange City Hotel in London.
GFT, the global provider of advisory, business consulting, IT and software services to the financial sector, has announced an award win, alongside their client Banco Original in Brazil for “the most innovative business model of the financial industry”, according to the Executivos Financeiros, eFinance Awards 2016.
GFT Technologies SE, the technology partner for digital transformation in the financial sector, is joining forces with a company that shares its DNA as an innovation thoroughbred: Axon Insight AG, a member of the Axon Active Group. It was Axon Insight who developed the map technology behind Google Maps.
At today’s Administrative Board meeting of GFT Technologies SE (GFT), Ulrich Dietz – in agreement with the Administrative Board and of his own accord – resigned as Managing Director and Chief Executive Officer (CEO) of GFT Technologies SE with effect as of GFT’s Annual General Meeting on 31 May 2017. The new CEO will be Marika Lulay, who was unanimously appointed by the Administrative Board, also with effect as of 31 May 2017.
GFT has announced the opening of its new Digital Innovation Lab (LAB) at its headquarters in Sant Cugat del Vallès (Barcelona). The GFT LAB has been established to build a bridge between fintech firms and financial institutions.
The firm’s push into Retail Banking is accompanied by the appointment of Christian Ball as Head of Retail for the Atlantic Region.
GFT collateral specialist Nick Nicholls (Principal Consultant, GFT) will be speaking in a DerivSource webinar taking place next week on Wednesday January 18th at 15:00 GMT.
The positive business trend of the first six months was continued in the third quarter. Strong demand from retail banks for solutions to digitalise their business processes was once again a major growth driver.
GFT Technologies SE announced its results for the second quarter and first half of 2016 today. Following an expected development of business in the first quarter, GFT greatly accelerated its dynamic growth in the second quarter. This trend was driven mainly by the rising demand for solutions to digitise business processes in the financial services industry.
GFT Technologies SE (GFT) made encouraging progress in the first quarter of 2016, posting solid growth in both revenue and earnings. Whereas the business division Continental Europe reported strong growth, momentum in the business division Americas & UK slowed somewhat. Once again, growth was driven by demand for solutions to digitise business processes and implement compliance requirements in the finance sector. Based on this positive performance in the seasonally weakest first quarter, GFT has confirmed its guidance for the full-year 2016.
The GFT Group signed an agreement today to acquire 100 per cent of shares in W.G. Systems Ltda. which represents Habber Tec International Group on the Brazilian market. The company runs all Brazil related activities under the trademark Habber Tec Brazil. The business process management (BPM), analytics, mobile and digital transformation specialist was established in 2000.
The GFT Group today announced its preliminary and unaudited figures for the fourth quarter and the full financial year 2015. The Group continued its dynamic development of the previous year in 2015 and once again achieved strong growth in revenue and earnings.
The GFT Group continued its positive development of the financial year 2014 in the first quarter of 2015 and generated further strong growth in revenue and earnings. The implementation of compliance requirements and the trend towards digitising business processes in the banking industry were the main drivers in the field of IT consulting and services.
