Find the latest press releases and news about GFT.

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  1. GFT expands business model to industrial clients and adjusts guidance

    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.

  2. GFT Group posts double-digit growth in financial year 2016

    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.

  3. Marika Lulay to succeed Ulrich Dietz as CEO of GFT Technologies SE

    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.

  4. GFT gets off to a successful start in 2016 with revenue growth of 10 percent

    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.

  5. GFT Group sells staffing services provider emagine to management

    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.

  6. Annual General Meeting 2015: proposal to change GFT Technologies AG into a European Company (SE) adopted

    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.

  7. GFT’s survey of experts: customers are driving digitalisation in the financial services industry, but transformation still needs time

    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.

  8. Challenge of digitisation: how retail banks can win the competition for customers

    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.

  9. CeBIT: GFT’s context-based account management heralds new quality of customer contact

    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).

  10. Digital Banking Lab at CeBIT: GFT presents intelligent finance management of the future

    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).

  11. GFT Group posts strong revenue and earnings growth for financial year 2014 – guidance exceeded

    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).

  12. GFT unveils next-generation smartphone wallet at CeBIT

    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.

  13. CODE_n15 IoT finalists unveiled: 50 startups from 17 countries to showcase their innovative Internet of Things approaches at CeBIT

    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.

  14. GFT releases Big Data for Financial Services Study

    GFT, one of the world’s leading IT solutions providers for the financial services industry, today published a study examining the ’big data’ challenges facing the corporate, retail, institutional and insurance financial services sectors. Overall, the study finds that managing, marshalling and improving the overall quality of their enterprise and customer data and meeting ever-increasing regulatory requirements are top priorities for financial services firms.

  15. How banks can improve customer loyalty with Big Data

    When a good customer suddenly becomes an ex-customer, the cries of dismay in many banks are loud: How could something like this happen? In most cases, there are warning signs - but the task of automatically spotting them amid the mass of daily data and interpreting them correctly has so far been virtually impossible. New Big Data solutions are now changing this. GFT is enabling banks to identify customers who are looking to leave, allowing them to quickly put countermeasures in place.

  16. GFT mobile banking study: Mobiles cannot replace the bank branches

    A cashless society: the shape of things to come? Many predict a world without physical money. They are prepared to carry out all their banking transactions through mobile devices. But few are willing to completely do without personal interaction with advisors. These were findings of a recent study conducted by GFT Technologies. As part of its survey, the international IT solutions provider quizzed some 900 people – in Brazil, Germany, the UK, Spain and the United States.

  17. GFT acquires Italian IT consultancy Sempla

    GFT Technologies AG today concluded a purchase agreement via its subsidiary GFT Holding Italy S.r.l. regarding the acquisition of an 80-percent stake in Sempla S.r.l., based in Italy. The remaining 20 percent shall remain mainly with Sempla’s management and can be acquired by GFT via options after a five-year period. The purchase price is to be paid from liquid funds. The parties have agreed not to disclose the purchase price amount.

  18. Innovation means thinking differently, sharing views and just letting things happen

    It may be a buzz word, but innovation is and always has been a passe-partout, a skeleton key to the door to future success. In the current age of global, digital economies, this has never been more true. Economic and social conditions have undergone such sweeping change in recent years, and so has the way we deal with concepts surrounding innovation. GFT has pulled together five theories on the nuts and bolts of innovation in a digital economy.

  19. GFT off to a good start in financial year 2013

    The GFT Group got off to a successful start in the first quarter of its financial year 2013. With consolidated revenue of EUR 55.51 million, the Group fell just short of the prior-year figure (EUR 57.65 million). Adjusted for the planned reduction in revenue from Third Party Management business of EUR 4.25 million, core business grew by 4 percent. Pre-tax earnings (EBT) improved by 22 percent to EUR 1.55 million (prev. year: EUR 1.27 million).

  20. GFT study shows: banks need to leverage their competitive edge in terms of credibility in mobile payment solutions

    A recent study published by GFT Technologies – a Stuttgart-based, international IT solutions provider for the financial sector – sheds light on the rapidly growing mobile payment ecosystem and analyses the impact these developments are having on banks. One finding: much to their advantage, financial institutions possess a high level of credibility amongst customers.

  21. Companies must resolve remaining SEPA issues quickly

    They promise to save time and money by standardising transactions and direct debit payments across 32 European countries while also simplifying processes. But the clock is ticking and by the time the deadline arrives, companies must already have processes in place which adhere to the new guidelines. If they don’t, they risk delayed payments and follow-on costs. IT solutions provider GFT Technologies has now developed an app to guide companies step by step through SEPA compliance.

  22. GFT on track in new financial year: investment in growth fields

    The GFT Group has continued its development of the past financial year and got off to a solid start in its financial year 2012. The company’s two business divisions reported operating growth in both revenue and earnings during the first three months. Due to a scheduled reduction in low-margin projects in the Resourcing division, consolidated revenue amounted to EUR 57.65 million (previous year: EUR 67.30 million).

  23. GFT supports banks adopting Web 2.0 interaction models partnering with Backbase

    The GFT Group, a leading international provider of innovative Information Technology (IT) solutions and services, and Backbase, the Bank 2.0 specialist, today announced the signing of a partnership agreement to enhance sales, service and delivery of both companies. Focusing on the European market, GFT will implement Backbase’s Bank 2.0 Portal Software at multiple financial services customers.