SIA SpA

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SIA SpA is an Italian company active in the information and communication technology sector, providing solutions and technologies for the banking and financial sector, as well as platforms for financial markets and e-payment services. SIA was founded in 1977 as Società Interbancaria per l'Automazione by the Banca d'Italia , the company headquarters are in Milan . The current chairman is Federico Lovadina, CEO is Nicola Cordone.

Business areas

  • Payment systems: clearing and processing of gross payments, administration of interbank collections and payments (e.g. transfers, payment orders, direct debits, bank checks), contactless payments, mobile payments, multichannel payments, procurement-supporting treasury processes, document management (electronic orders, e- Billing and digital custody), coordination of accounting flows, processing of payment terminals at home and abroad.
  • Payment cards: Issuing and purchasing debit, credit and prepaid cards for all national and international circuits, fraud and dispute prevention and management.
  • Services for the financial markets: trading and post-trading technology platforms for financial markets and their access systems, systems for market surveillance and for the monitoring and transparency of trading.
  • Management of databases: interbank register for bad checks and payment cards, database of bank branches of the CAB, blocking service for ATM cards, procedural register and monitoring service for ATMs.
  • Network: connectivity and data transfer services for banks and financial companies, management of the Rete Nazionale Interbancaria (RNI - National Interbank Network), which includes the Banca d'Italia, the data centers of all financial institutions, the capital markets, the public connectivity system, the credit and Connects debit card processors as well as the premises and sales outlets of the companies. Blockchain interoperability .

Financial data

Income 2019: € ​​733.2 million (+ 19.3%), profit (EBITDA) 2019: € ​​257.9 million (+ 28.1%)

Others

The German bank holds 2.58% stake in SIA.

Web links

Individual evidence

  1. ↑ https://www.sia.eu/en/media-events/news-press-releases/quant-network-and-sia-successfully-tested-blockchain-interoperability
  2. ↑ https://www.sia.eu/en/media-events/news-press-releases/sia-2019-financial-statement-another-record-year-for-economic-and-business-results
  3. ↑ https://www.sia.eu/de/sia-gruppe/ueber-uns