GFT press releases

GFT drives factory-floor digital transformation with support for new Google Cloud industry-specific solutions.

Revenue up 27 percent, adjusted EBITDA up 52 percent, EBT up 184 percent year on year. All key performance indicators show: GFT Technologies SE (GFT) set new records in 2021.

GFT is doubling its investment in embedded privacy pioneer One Creation to 5 percent.

Effective 20 December 2021, GFT will be included in Deutsche Börse’s SDAX index.

Investments in future technologies, such as cloud and artificial intelligence are growing fast. Thanks to its strong expertise in these fields, GFT Technologies SE (GFT) will benefit more than average from this trend. This is illustrated by the company’s strong performance in the first nine months and its consistently high level of orders received.

In 2020, financial services organisations were the targets of over 3.4 billion credential-stuffing attacks. This translated to an increase of more than 45% over the previous year. Emerging cyber-attacks could put between 10 and 30 percent of the financial institutions’ profits at risk.

Research firm Everest Group has recognised GFT as a ‘Major Contender’ for application and digital services in banking in its recently released “Application and Digital Services in Banking PEAK Matrix® assessment 2021: Global and Europe Focus.”

September 29, 2021 – Amazon Web Services (AWS) Competency certifications help companies decide who to rely on to facilitate their journey. AWS has now certified Migration Competency and DevOps Competency statuses for GFT Technologies.

Companies around the world are expected to increase their IT spending by 9 percent this year. GFT Technologies SE (GFT) is set to outpace even this strong growth based on the company’s performance in the first six months and orders received for the second half of the year.

GFT achieves the Guidewire PartnerConnect specialization: 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.

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, 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