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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.
GFT Technologies SE is expanding its 5,000 sq m offices in Fasanenhof, Stuttgart. The IT services provider also currently uses the offices as its corporate center, with room now expanding for the firm’s CODE_n SPACES innovation campus, a popular hotspot for the digital pioneer community.
GFT were proud to sponsor this weeks’ Blockchain Technology: The Future for Financial Services Infrastructure Summit in London. This City & Financial event in Canary Wharf, provided great insight towards addressing Blockchain technology from the user-led point of view and analysed its potential for the financial services industry.
GFT, the global provider of advisory, business consulting, IT and software services to the financial sector, has announced a collaboration with Lombard Risk, the leading vendor of enterprise collateral management solutions. key milestone in GFT’s strategy to service clients in the UK and North America.
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 has appointed David Collins as Head of Financial Services across the GFT Atlantic Region, a senior hire that marks a key milestone in GFT’s strategy to service clients in the UK and North America.
GFT had a substantial presence at the Fleming Europe 10th Annual Collateral Management conference in Amsterdam held last week. The two day event on Thursday 20th and Friday 21st October, took place at the Novotel Hotel in Amsterdam and is the most established Collateral Management Forum in Europe.
Nick Nicholls was a guest speaker at last weeks’ ISLA Post Trade Conference in London. The event, held on Thursday 6th October, brought together leading securities and collateral specialists from across Europe to discuss and debate the latest challenges and trends in the financial sector..
GFT, the leading provider of business, design and technology consulting to the financial services community, has appointed David Collins as Head of Financial Services across the GFT Atlantic Region, a senior hire that marks a key milestone in GFT’s strategy to service clients in the UK and North America.
GFT, the global provider of advisory, business consulting, IT and software services to the financial services community, announces its membership of Google’s Partner Programme.
There was a fantastic turnout at the PRMIA FinTech Meets Risk: ‘A Match Made in Heaven?’ event which GFT proudly sponsored earlier this month.
Together toward the future of digital banking. Effective immediately, Fidor AG and GFT Technologies SE have reinforced their cooperation and signed a strategic partnership agreement to focus on developing mobile financial and banking apps, as well as the related sales and marketing. It’s an initial step to shape the next generation of digital banking within a strong network.
GFT and PRMIA are delighted to be hosting next weeks’ event titled ‘FinTech Meets Risk: A Match Made in Heaven?’
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, the global provider of advisory, business consulting, IT and software services to the financial services community, has announced a collaboration with Saxo Bank, a leading player in global online trading and investment.
GFT’s Digital Banking Expert Survey 2016 reveals growing trust in digital technology. Banks are more confident and actively embracing change.
GFT is proud to be a Gold Sponsor at the Regulatory Reporting for Banks conference taking place in London later this month.
Following the launch of its Regulatory Change Management Service, GFT has "taken over" the homepage of Finextra.
GFT has today announced the launch of its Regulatory Change Management Service, an award-winning solution that gives firms the ability to create an end-to-end tracking process to keep on top of their regulatory challenges.
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.
GFT has ‘taken over’ the home page of www.finextra.com which includes a new video interview by Jeremy Taylor, discussing the enormous challenges that firms face with MiFID II.
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.
Next week, on 19th and 20th April, DevOpsDays is returning to London with a focus on financial services and GFT is proud to be a platinum sponsor.
GFT congratulates the selected FinTech50 2016 that were announced at the Money20/20 Europe event in Copenhagen.
GFT has appointed Andrew Scotland as head of the newly created Agile & Continuous Delivery Practice.
Swiss subsidiary of the GFT Group expanding its IT service portfolio for digital transformation in the banking and insurance sector.
Tim Brazier has joined GFT as Head of the newly created Application Simplification practice. Tim joins GFT from the Royal Bank of Scotland, where he was MD of Application Simplification. He has over 10 years’ experience working in consultancy as both a practice head and COO.
Tony Sodhi spoke extensively about regulatory compliance processes at the MiFID II: Trade and transaction reporting conference.
GFT is participating as premium partner in this year’s Global Female Leaders Summit taking place in Berlin, Germany, from April 17th to 19 th. GFT COO Marika Lulay will give a keynote speech on "Customer-driven innovation – A case for collaborative creativity". Gonzalo Ruiz de Villa from GFT Spain will moderate a panel discussion on “Disruptive Technology” as well as a think tank.
Tony Sodhi will be speaking at a one day conference next week entitled Understanding Transaction and Trade Reporting Under MiFID II.
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.
GFT, the leading provider of advisory, business consulting, IT and software services to the financial services community, today announces that it has appointed Reena Patel as a Principal Consultant within its growing Data practice.
Amolak S. Roopra has joined GFT, the leading provider of business, design and technology consulting to the financial services community, as Joint Post Trade Practice Lead.
GFT will attend the 4YFN event at the Mobile World Congress from 22-24 February (stand S12) under an initiative to forge contacts with tech startups.
Everything stays new! With the CODE_n new.New Festival, GFT Technologies SE is initiating a new event that will provide tangible evidence of the digital transformation in trending modern-day industries.
GFT specialist NickNicholls (Principal Consultant, GFT) has had a letter on bank reserves published in the Financial Times.
GFT's Chief Privacy Officer Ernst-Oliver Wilhelm has compiled the developments of the General Data Protection Regulation of the past decades.
Rob Gibbs has joined GFT as a Principal Consultant within the Legal, Regulatory & Compliance team.
Ever-evolving regulatory landscape, Big Data challenges and adapting cloud solutions continue to shape priorities for financial services companies
After three years, on 19th and 20th April, DevOpsDays is returning to London with a focus on financial services. This high-profile global event is designed for all those who are interested in improved software delivery.
Tony Sodhi (Head of Legal, Regulatory and Compliance, GFT) will be a guest speaker at next week’s Bitkom Banking compliance event, taking place in Frankfurt, Germany.
GFT, the leading provider of business, design and technology consulting to the investment banking community, today announces the appointment of John Downing, Enterprise Architect and Programme Manager.
With the initiative, GFT will continue working with financial services firms to help them navigate through the constant demands of financial regulation, whilst innovating to meet the demands of the new era.
GFT has launched its commodities consensus computing prototype for clients, which demonstrates how it is possible to track physical commodities assets through the use of a distributed ledger-based business model.
GFT announces the arrival of Paul Harrington as a Principal Consultant within the Legal, Compliance & Regulatory practice team. He is a specialist in managing cultural change across all levels of an organisation and has an extensive background in diverse services.
The online strategic information platform AllAboutAlpha, have recently highlighted GFT’s thought leadership paper on the Fundamental Review of the Trading Book (FRTB), which was entitled ‘FRTB: The dawning of a new era for market risk management’.
Thanks to a clever solution to an everyday problem, in March 2015 parkpocket impressed many observers as a CODE_n15 finalist at CeBIT. The solution: find a parking space at any time. At the same time, prices can be compared on the go.
The RBS Regulatory Change Management Solution developed by GFT has been recognised as the industry’s best regulatory solution at the 2015 Banking Technology Awards. These prestigious awards recognise excellence in the use of IT to solve the complex challenges facing the financial services industry.
The GFT Data Practice in the UK, led by Nick Weisfeld and Jon Cooke have teamed up with our Business Development Lead, Julian Eyre to develop an innovative Blockchain proof-of-concept. We have assembled a team of experts to begin development over the coming days.
In order to establish the service also in Germany, GFT Technologies SE and SIA S.p.A. are pooling their expertise and now launching a sales cooperation for the German market.
In the third quarter of 2015, the GFT Group continued its dynamic development of the first half-year, achieving strong growth in revenue and earnings over the first nine months of 2015.
GFT will be making a considerable contribution at the Clearing and Settlement World conference held in London next week on Tuesday 17th and Wednesday 18th of November.
Oriol Pujol (Principal Consultant, GFT) will be speaking at this weeks ‘Best Execution in the context of MiFID II and Trading Innovation Conference’, which takes place in London on Wednesday 4th November 2015.
Until now, users of online banking have had to decide what is more important: ultimate security or maximum convenience? “Biometric processes offer significantly better security than long-established TAN options.
Today, GFT announces their partnership with the Enterprise Data Management (EDM) Council to support firms in the adoption of best practices for data management.
The two day conference, hosted by Fleming Europe, is on Thursday October 1st and Friday October 2nd and includes the appearance of collateral management specialist Nick Nicholls (Principal Consultant, GFT).
GFT will be sponsoring next week's European Banking summit on the Fundamental Review of the Trading Book (FRTB) which take place in Central London. The summit involves a two day conference and a one day workshop.
Editor Chris Kentouris writes about Basel III and how hedge fund managers must leverage prime brokers. GFT’s Herman Weintraub discusses the new risks that firms are facing.
GFT’s Herman Weintraub, executive director of the Alternative Investment Practice, chats with AllAboutAlpha about how Basel III is changing the game for hedge funds.
GFT’s Herman Weintraub, executive director, Alternative Investment Practice, discusses how hedge funds can thrive in the new regulatory environment.
GFT Technologies AG today signed an agreement via its subsidiary GFT Iberia Holding S.A.U. to acquire Adesis Netlife S.L. (Adesis) and its subsidiaries. Adesis provides IT services and consulting for the development of integrated digital solutions with a special focus on the financial sector. Especially in the segment of digital banking, Adesis will expand GFT’s activities as well as its expertise.
The GFT Group today signed an agreement with Financière Valérien SAS regarding the sale of its emagine business division in the countries Germany, France and the UK. In Financière Valérien SAS the current management of emagine, headed by Jean-François Bodin, COO for emagine on the Executive Board of GFT Technologies AG, and the French financial investor MBO Partenaires will hold stakes on the completion of the transaction (closing). The transfer of ownership is planned for the third quarter of 2015. The two sides agreed not to disclose the purchase price.
Head of Business Consulting in GFT North America, Ami Grewal, sat down with Forbes to discuss the pitfalls and benefits of regulatory compliance.
Thomson Reuters, along with other leading online publications, have featured GFT’s recent survey results into the regulatory landscape. The results provided an extensive insight into how great the impact of regulatory change and compliance has been on global financial organisations.
At the Annual General Meeting of GFT Technologies AG on 23 June 2015, shareholders voted in favour of changing the company’s legal status to that of a European Company (Societas Europaea, SE). The proposal was adopted with a majority of over 99 percent. The modern, European and internationally recognised legal form underlines the global alignment of the GFT Group, whose around 3,500 employees operate in 11 countries around the world. The change will become effective on its entry in the Commercial Register and is expected to be completed in August 2015.
As part of our focus on regulation, we polled the market to find out how great the impact of regulatory change and compliance has been on global financial organisations.
The Securities Lending Times have featured an article by Jeremy Taylor (Head of Business Consulting UK GFT) entitled 'The New Normal' – living with continuous regulatory change in the financial markets’ in their ‘A focus on regulation’ monthly segment.
Sonia Whang, Head of Business Development, Capital Markets for GFT US was recently featured in an interview by AlphaPages. The interview focused on the partnership between GFT and Code to Work.
GFT’s Co-Heads of Data Practice in the UK, Nick Weisfeld and Jon Cooke, will be guest panellists at an upcoming Incisive Training conference course sponsored by Risk entitled ‘BCBS239: Implementation and Compliance’.
GFT, a leading provider of business and technology consulting to the financial services community, today announced its partnership with Code to Work, a new non-profit focused on closing the IT skills gap by sourcing and prequalifying diverse technical talent from non-traditional sources for large companies.
All the banks surveyed, across all national boundaries, agreed that it is customers who are driving the digitalisation of the financial sector. Customer satisfaction and customer loyalty in an increasingly fierce competitive environment is also high on the agenda with more than 90 per cent consensus. In order to increase their overall attractiveness to customers, the respondents believe that a multi-channel approach (online, mobile, branch) is the most important success factor, ahead of personalised services or choosing the right technology platform.
The Securities Lending Times have featured an article by Alan Morley entitled ‘BCBS239: removing manual workarounds’ in their ‘A focus on regulation’ monthly segment.
For decades, status quo reporting was the norm for financial institutions. Increased regulatory burdens and merger and acquisition activity also mean that the business structure of many firms has become significantly more complex.
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.
Last month the TABB Forum published an interview with Nick Weisfeld (Co-Head of Data Practice UK, GFT) where he discussed the latest trends and issues in data management, and what regulations are proving most troublesome.
Nick Nicholls (Principal Consultant, GFT) will be a panellist at next weeks’ AFB International Banking Conference. Nick will be speaking within a debate entitled “Intraday liquidity management overview, regulation drivers and responses.”
Tony analyses the challenges domestically significant investment banks (D-SIB) can expect to face in their BCBS239 compliance programmes and how they may be able to learn from the globally significant investment banks (G-SIB) experiences along the way.
Sectors such as the music industry and retail trade have already experienced it: the digitisation process is now gradually spreading to all areas of business and daily life. A panel of experts at CeBIT in Hanover discussed the growing pressure for innovation in the banking sector. The big question is: how will banks react to the changing market environment and how can digital technology improve the service experience for customers? A recently launched international study by GFT aims to provide answers.
Nick Nicholls (Principal Consultant, GFT) was a featured panellist at last week’s FTSE Global Markets T2S Seminar on Thursday March 19th. The event attracted a wide range of specialists from across the sector for an afternoon of debate and discussion on the possible impacts of T2S.
Nick Nicholls (Principal Consultant, GFT) will be a featured panellist at the FTSE Global Markets T2S Seminar on Thursday March 19th. The seminar is an afternoon event entitled ‘T2S: Transformation of the European Post Trade Landscape’, which sees T2S specialists debate the likely impact of T2S.
“Into the Internet of Things” is the motto of CODE_n hall 16 at CeBIT. 50 start-ups from around the world are showcasing their business models on the topic areas Industry 4.0, Digital Life, Smart City and Future Mobility. Today, the coveted CODE_n Award was presented.
GFT today announces the appointment of Nick Nicholls as a Principal Consultant, focussing on Business Architecture and Process Re-Engineering.
The competition for customers among banks is in full swing. Pure online banks and fintech startups are making life increasingly difficult for classically aligned banks on a growing number of fronts. However, those retail banks that invest now in their digital future and align their service portfolio with customer wishes stand a good chance of facing down the ever fiercer competition. GFT will be showing how bank branches might interact with customers in future with its “Context-Based Account Management” at the CeBIT computer fair (CODE_n hall 16 / D30, GFT stand 07).
For five days from March 16, everything will revolve around the motto “Into the Internet of Things” in the CODE_n hall 16 at CeBIT. 50 startups from around the world will be presenting their business models for the topic areas Industry 4.0, Digital Life, Smart City and Future Mobility. At the same time, visitors can look forward to a top-class conference program.
According to a recent representative survey by market research firm YouGov, almost one out of three want their bank to provide innovative services that make life easier. At CeBIT, GFT will be showing how digital services can create a new banking experience. The company’s Digital Banking Lab will feature live presentations on the trending topics “Intelligent Finance Management” and “Automated Account Optimising” (CODE_n hall 16 / D30, GFT booth 07).
The GFT Group today announced its preliminary and unaudited figures for the financial year 2014. With an increase in consolidated revenue of 38 percent to EUR 365.32 million (prev. year: EUR 264.29 million), the company displayed dynamic growth and exceeded its revenue target for 2014 by EUR 5.32 million. The significant year-on-year increase in revenue resulted from the strong organic growth of the GFT division with its solutions for the banking sector as well as from company acquisitions in Italy (Sempla, 2013) and the UK (Rule Financial, 2014).
The Securities Lending Times have featured an article by Emily Cates (Specialist in Operational Processing, GFT) entitled ‘T2S: overcoming the hurdles’ in their ‘A focus on regulation’ monthly segment. Emily analyses the challenges of Target2-Securities (T2S) and how Europe’s post-trading landscape is about to experience a dramatic change.
According to Germany’s high-tech industry association BITKOM, 14 million German citizens can imagine doing their shopping in future without a wallet and paying solely via their smartphone. As it stands, however, there is no nationwide mobile payment solution in place in Germany – in sharp contrast to Italy, where GFT has introduced a digital wallet in cooperation with the payment service provider SIA, which also supports a new peer-to-peer transfer solution called “Jiffy”. The concept will be premiered in Germany in GFT’s Digital Banking Lab at CeBIT: CODE_n hall 16, stand D30.
Three out of four Germans aged 18 to 39 do their banking online – and increasingly via mobile devices such as smartphones and tablets. Many of them rarely have any contact with bank staff. This is leading to a steady decline in customer loyalty – with fatal consequences for many retail banks. At CeBIT, GFT will be showing how banks can drive the digital transformation they so desperately need.
At this year’s CeBIT, CODE_n15 will focus entirely on the Internet of Things. Four enormous industrial robots will form the central anchor point. Internet users around the world will be able to access the machines via the www.robochop.com website, where a 3D web app will enable them to design small furniture items. These will then be produced by the robots during CeBIT and shipped to the users.
Following their recent release, there has been an extensive media reaction to the results of the GFT and the ICMA European Repo Council industry-wide survey into the market preparedness and industry attitudes towards Target2-Securities.
400 IoT startups from around the world submitted their business models and concepts for this year’s “Into the Internet of Things” CODE_n contest, 50 have made it to the final: they will be showcasing their innovative solutions in the four topic areas: Industry 4.0, Smart City, Future Mobility and Digital Life in the CODE_n Hall 16 at CeBIT from March 16-20, 2015.
GFT and the ICMA European Repo Council have released the results of an industry-wide survey to assess market preparedness and industry attitudes towards Target2-Securities. The survey results provide insights on industry participants’ current understanding of T2S, their level of practical engagement and their understanding of the consequences of T2S to their individual firms.
During the past 18 months there has been a mind-set shift within the investment banking community. The result has been that Chief Data Officers (CDOs) have now been elevated to key positions of responsibility.
The Trade Derivatives magazine has featured the views of two GFT specialists in their latest issue which is available both online and in print. Francis Cook and Tony Sodhi were cited for their views on trade reporting and OTC clearing respectively, with Francis having a full page feature.
GFT today announces that it has further strengthened its senior business consulting team with the appointment of Stephen Pigott as Managing Principal.
Business and IT consultancy Rule Financial has officially become GFT following its successful acquisition in June 2014 by the GFT Group.
The piece entitled ‘Regulation, regulation, regulation: the new normal?’ discusses what banks have learnt from the regulation processes of 2014 while also looking ahead to the challenges they face in 2015.
