GFT Technologies
| GFT Technologies SE
|
|
|---|---|
 |
|
| legal form | Societas Europaea |
| ISIN | DE0005800601 |
| founding | 1987 |
| Seat |
Stuttgart , Germany
|
| management | |
| Number of employees | 4875 |
| sales | 413 million euros (2018) |
| Branch | Financial technology |
| Website | www.gft.com |
| As of December 31, 2018 | |
The GFT Technologies SE is an information technology provider for the financial sector and the industrial sector. The products offered include, in particular, solutions for the implementation of regulatory requirements and the digitization of business processes .
The company, which is headquartered in Stuttgart , had 4,875 employees in thirteen countries at the end of 2018. Sales in the 2018 financial year amounted to 413 million euros and earnings before taxes around 23 million euros. The GFT share has been listed on the Frankfurt Stock Exchange since 1999 and was included in the TecDAX index in March 2015 (ISIN: DE0005800601), where it remained until March 19, 2018.
history
On March 19, 1987, the Gesellschaft für Technologietransfer mbH was founded by Michael Schönemann as the sole shareholder. The current chairman of the board of directors, Ulrich Dietz, was the managing director when it was founded and gradually took over 100% of the shares (until the IPO in 1999). The company name was based on the TZI (Transfer Center for Information Technology, Steinbeis Foundation), which was headed by Michael Schoenemann and which he founded in 1985.
The first product on the market in 1990 was GRIT, a development environment for graphic surfaces. In 1993 the company developed a production, planning and control system for Deutsche Post AG that was used in more than 60 mail centers . In 1996, the form manager GRIT was transformed into an independent BPM suite called inspire . In 2007 it was decided to completely stop software development. In 2008, the business process management (BPM) division was transferred to its own GmbH, Inspire Technologies GmbH, through a management buy-out .
On June 28, 1999, the company went public on the Neuer Markt . The company has operated under its current name since then. In 2001 GFT acquired emagine , an IT subsidiary of Deutsche Bank . A new development center with around 500 IT banking specialists in Barcelona was added. Also in 2001, GFT founded the subsidiary GFT UK Ltd. in England.
In 2002 the company achieved sales of EUR 155.74 million with 1,100 employees. By 2003, GFT built up an international production model with software development centers in Germany, Spain, Hungary and India. GFT expanded to South America in 2005 with the order to modernize the IT applications of a Brazilian financial services provider.
On June 11, 2008, the Annual General Meeting decided to move the headquarters from St. Georgen in the Black Forest to Stuttgart .
Under the motto “Shaping Mobile Life”, GFT founded the innovation initiative CODE n in 2012 , an international competition for new IT-based business models that is presented annually at CeBIT in Hanover .
In 2010 the company sold its software division (GFT inboxx GmbH) and concentrated on IT consulting and application development as well as on the placement of IT specialists.
In 2013 the company took over 80 percent of the shares in Sempla Srl , based in Italy.
In 2014 GFT took over the British company Rule Financial Ltd. with 662 employees in Great Britain, Poland, USA, Spain, Canada and Costa Rica. The purchase increased the number of employees at GFT to around 3,400 in eleven countries.
On August 18, 2015, GFT Technologies AG was converted into a European stock corporation (SE). In the same year, the emagine personnel services division was sold to management. The company also acquired the Spanish digital banking service provider Adesis Netlife SL. With Adesis, GFT expanded its business activities in Spain and Latin America ( Mexico ).
In 2017, at the end of the Annual General Meeting on May 31, Marika Lulay took over the management of GFT Technologies SE as the new Chief Executive Officer (CEO). Ulrich Dietz, the previous CEO, moved to the position of Chairman of the Board of Directors.
In 2019, the company took over the business activities and employees of AXOOM GmbH in Karlsruhe to strengthen its industrial strategy .
Group structure
The management of GFT consists of a board of directors with seven members:
- Ulrich Dietz - Chairman of the Board of Directors and former CEO
- Paul Lerbinger - Deputy Chairman of the Board of Directors
- Andreas Bereczky
- Maria Dietz
- Andreas Wiedemann
- Jochen Ruetz - Managing Director
- Marika Lulay - Executive Director
At the end of 2014, the company held direct or indirect shares in the following companies:
Direct holdings
- GFT Schweiz AG, Zurich, Switzerland (100%)
- GFT UK Limited London, Great Britain (100%)
- GFT Iberia Holding, SAU, Sant Cugat del Vallès, Spain (100%)
- GFT Holding France SARL, Neuilly-sur-Seine, France (100%)
- eQuadriga Software Private Limited, Trichy, India (30%)
- GFT Innovations GmbH, Stuttgart, Germany (100%)
- GFT Financial Solutions AG, Opfikon, Switzerland (100%)
- GFT Real Estate GmbH, Stuttgart, Germany (100%)
- GFT Beteiligungs GmbH, Stuttgart, Germany (100%)
- GFT Holding Italy Srl, Milan, Italy (100%)
Indirect holdings
- GFT IT Consulting SLU, Sant Cugat del Vallès, Spain (100%)
- GFT Brasil Consultoria Informática Ltda., São Paulo, Brazil (100%)
- GFT USA Inc., New York, USA (100%)
- GFT USA Consulting LLC, New York, USA (100%)
- GFT Canada, Inc., Toronto, Canada (100%)
- GFT Software Factory Iberia SLU Lleida, Spain (100%)
- GFT Appverse, SLU, Sant Cugat del Vallès, Spain (100%)
- GFT UK Invest Limited, London, Great Britain (100%)
- GFT Italia Srl, Milan, Italy (100%)
- Med-Use Srl, Milan, Italy (100%)
- GFT Poland Sp zoo, Łódź, Poland (100%)
- GFT Costa Rica SA, Heredia, Costa Rica (100%)
- Peer2Peer Systems Limited, London, Great Britain (100%)
- Financial Markets Associates Limited, London, Great Britain (100%)
- Waterline Group Inc., Boston USA
Shareholder structure
| proportion of | Shareholders |
|---|---|
| 63.8% | Free float |
| 26.5% | Ulrich Dietz (CEO) |
| 9.7% | Maria Dietz |
As of December 31, 2018
Web links
- Official website
- Martin Buchenau: With slight injuries through the crisis . The IT service provider GFT Technologies AG is giving up its own software division and wants to part with its subsidiary Inboxx GmbH. In the future, the company wants to concentrate more on services and the placement of IT specialists. - Handelsblatt dated March 2, 2010.
- Börse Stuttgart TV (accessed on August 11, 2011)
- CODE_n Movie (accessed March 3, 2012)
- GFT executive board interview on today's takeover of Rule Financial - Börsenradio (accessed on June 26, 2014)
- Stuttgarter Nachrichten - Digital Age "The Americans are much further ahead" (accessed September 24, 2015)
Individual evidence
- ↑ a b c d e f GFT Annual Report 2018. GFT Technologies, March 29, 2019, accessed on May 16, 2019 .
- ↑ GFT commercial register excerpt notary foundation ( Memento from February 1, 2014 in the Internet Archive ) (PDF)
- ↑ Inspire Technologies takes over BPM business from GFT inboxx, INSPIRE TECHNOLOGIES GMBH, press release - PresseBox. Retrieved May 16, 2019 .
- ↑ heise online: Inspire continues GFT inboxx's BPM business. Retrieved May 16, 2019 .
- ↑ GFT Technologies AG, Deutsche Bank AG and emagine combine IT activities and form one of the leading providers of integrated IT solutions in Europe. Retrieved May 16, 2019 .
- ↑ GFT company history. In: www.berufsstart.de. Retrieved December 13, 2019 .
- ↑ The future can be found in Hall 16 ( Memento from September 25, 2015 in the Internet Archive ) FAZ - (accessed on September 24, 2015)
- ↑ Dataglobal buys GFT Inboxx. In: www.storage-insider.de. May 17, 2010, accessed December 13, 2019 .
- ↑ GFT Technologies AG: GFT acquires Italian IT consultancy Sempla - dgap.de. Retrieved May 16, 2019 .
- ↑ GFT press release ( Memento from December 5, 2014 in the Internet Archive ) - GFT takes over Italian IT consultant Sempla
- ^ GFT Technologies SE: Investor relations. Retrieved May 16, 2019 .
- ↑ GFT Group takes over Spanish IT service provider Adesis Netlife SL ( Memento from August 21, 2015 in the Internet Archive )
- ↑ GFT Technologies SE: GFT acquires AXOOM and strengthens partnership with Trumpf. July 2, 2019, accessed December 13, 2019 .
- ^ GFT Technologies: Board of Directors. Retrieved June 15, 2017 .
- ↑ http://www.gft.com/de/de/index/unternehmen/investor_relations/finanzberichte/geschaeftsbericht_2014/onlinebericht.html