Financial informatics

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Finanz Informatik GmbH & Co. KG

logo
legal form GmbH & Co. KG
founding January 1, 2008
Seat Frankfurt am Main GermanyGermanyGermany 
management Franz-Theo Brockhoff (Chairman of the Management Board), Willi Bär, Detlev Klage, Andreas Schelling, Michael Schürmann
Number of employees 3564 ( full-time equivalent )
sales EUR 2.0 billion
Branch Information technology
Website www.fi.de
As of December 31, 2018

Coordinates: 50 ° 6 ′ 54.2 "  N , 8 ° 38 ′ 10.8"  E

The financial computer science GmbH & Co. KG is the IT service provider of the Savings Banks Financial Group .

Origin and company history

Finanz Informatik is the IT service provider of the Sparkasse organization in Germany that emerged from the merger of Sparkassen Informatik and FinanzIT . From the former eleven independent data centers of the savings bank organization, the Finanz Informatik emerged from a series of mergers and associations between 1997 and 2008.

The merger of Sparkassen Informatik and FinanzIT to form Finanz Informatik was announced in Frankfurt on July 15, 2008 and came into effect retrospectively on January 1, 2008 on October 1, 2008. Both societies claimed to be the larger, which is also true, depending on the criterion. Sparkassen Informatik looked after more savings banks, had more employees, higher sales and more posting items , while the accumulated total assets of the Sparkassen and Landesbanken supported by FinanzIT were higher.

Facts & Figures (as of December 31, 2007) FinanceIT Sparkasse IT
Total revenue in million euros 600.8 956.1
Employee 2,220 3,627
Posting items (approx. In billions) 5.0 6.2
Number of savings banks supported 147 299
Balance sheet total (billion euros) 864 721

The following table provides an overview of the numerous mergers of the eleven original companies to form Finanz Informatik.

founding Companies
earlier SIG SRZ RHSO ESPE DVG RWSO IZB SOFT dvs dvg SIK nbg
June 16, 1998 SIS West
January 1, 1999 Computer science
cooperation
January 1, 2000 SI-BW
January 1, 2001 Sparkasse IT
January 1, 2003 FinanceIT
January 1, 2006 Sparkasse IT
January 1, 2008 Financial informatics

Origin company

SIG - Sparkassen-Informatik-Gesellschaft Rheinland-Pfalz mbH

The Sparkassen-Informatik-Gesellschaft Rheinland-Pfalz mbH, Mainz was founded in 1988 (from the SRM, Sparkassen-Rechenzentrum Mainz, which had existed since 1975) and merged on June 16, 1998 to form SIS-West.

Former location: Mainz

SRZ Rheinland - Sparkasse data center Rhineland

Logo of the SRZ Rheinland - Sparkassen-Rechenzentrum Rheinland

The Sparkassen data center with locations in Cologne and Duisburg was founded in 1970 and existed until the merger to form SIS-West on June 16, 1998.

RHSO - data center of the Hessian savings bank organization

Logo of the RHSO - data center of the Hessian savings bank organization

The computing center of the Hessian savings bank organization was founded in 1977 in Frankfurt (Main). In 1995 the headquarters were relocated to Offenbach-Kaiserlei . According to the RHSO, BWS - the booking center for the Westphalian-Lippian savings banks - has been the most important partner since it was founded. The RHSO merged with this on January 1, 1999 to form IT cooperation .

BWS - booking center of the Westphalian-Lippe savings banks

Location: Münster, founded in 1968

DVG - society for data processing of the Baden savings bank organization

Logo of the DVG - society for data processing of the Baden savings bank organization

The DVG - society for data processing of the Baden savings bank organization was founded in 1972 in Mannheim. In 2000 it merged with RWSO to form SI-BW Sparkassen-Informatik Baden-Württemberg.

Former location: Karlsruhe

RWSO - data center of the Württemberg savings bank organization

Logo of the RWSO - data center of the Württemberg savings bank organization

The RWSO (computer center of the Württemberg savings bank organization) was founded in 1970 by the Württemberg savings bank association in Stuttgart. In 1989 the headquarters moved to Fellbach. The RWSO existed until the merger to SI-BW Sparkassen-Informatik Baden-Württemberg in 2000. In the meantime, it operated as the IT company of the Württemberg savings bank organization.

Former location: Stuttgart-Fellbach

BBS - booking center of Bavarian savings banks

The BBS - Booking Center of Bavarian Savings Banks was elevated to an association data center in 1975 by the Bavarian Savings Banks and Giro Association. In 1984 the BBS supplied 111 of 116 savings banks based in Bavaria with computing power. In 1994 it merged with IZB Software and IZB (Production). In 2006 IZB SOFT merged with Sparkassen Informatik.

Former location: Munich.

Dvs - data processing company Sparkassenorganisation mbH

Logo of the dvs data processing company Sparkassenorganisation mbH

The data processing company Sparkassenorganisation mbH (dvs) supplied all east German savings banks with data services. It emerged in the course of German reunification in Berlin in 1990 from the VEB Datenverarbeitung der Finanzorgane der DDR (VEB DvF). The VEB DvF, founded in 1969, looked after the IT for all financial bodies, which included all credit institutions including the savings banks, the state budget, taxes and the insurance institutes of the GDR. In 1990 the VEB DvF changed its name to "DGW - Datenverarbeitung der Geldwirtschaft". Large parts of the operation were transferred to dvs with data centers in Berlin and Leipzig, other parts were outsourced as "DGW-Datennetze, Gerätechnik-Vertrieb und Maintenancedienst mbH". In the course of a broader process of concentration in data processing by the savings banks, dvs merged with dvg, nbg and SIK in 2003 to form FinanzIT.

Foundation: 1969/1990

Former location: Berlin

Dvg - data processing company mbH

dvg - data processing company mbH

The data processing company mbH (dvg) was originally founded in 1970 as the "data processing company of the Lower Saxony savings bank organization mbH". In the period from 1975 to 1990, the cooperation with the north and south computer centers expanded to form a cooperation network, among other things dvg took over the data service for the Sparkasse West Berlin . In 1990 dvg succeeded in securing the supply contract for the savings banks in eastern Germany, for which purpose the cooperation network was expanded to include dvs. In 1994 the merger with DVG Kiel took place. The data centers of the cooperation network merged in 2003 to form FinanzIT.

Former location: Hanover, Kiel

VRZ of the Saarland

On July 1, 1970, the Saarbrücken Association of Computing Center began operating on a smaller scale in the Stadtsparkasse Saarbrücken. In 1972 the large data center in the Saarbrücken Wartburg went into operation.

Former location: Saarbrücken

Intermediate steps

IZB SOFT - Informatik-Zentrum Bayern Software company of the Bavarian Sparkassen GmbH & Co KG

Logo of the IZB SOFT - Informatik-Zentrum Bayern Software company of the Bavarian Sparkassen GmbH & Co KG

IZB-Soft GmbH & Co. KG was founded on January 1st, 1994. It emerged from the regionally characterized booking communities of the Bavarian savings banks (BuGe Rosenheim, BuGe Dachau / Fürstenfeldbruck / Landshut, BuGe Murnau, BuGe Süd, BuGe Kempten, BuGe Nürnberg, BuGe Bamberg, BuGe Münchberg, BuGe Oberpfalz, BuGe Unterfranken). As an IT service provider, IZB SOFT developed, implemented and maintained IT systems and applications on behalf of 78 Bavarian savings banks , the Deutsche Kreditbank and Austrian institutions. IZB SOFT employed around 900 people at the locations in Haar near Munich and Nuremberg.

The service and product portfolio included the development and provision of financial services software as well as the advice and support of its own customers.

IZB SOFT supported all business processes of the savings banks - starting with applications for media sales and bank management through advisory systems to personnel, support and core banking systems. The applications were further developed by the product management departments in cooperation with the development units.

IZB SOFT picked up on new developments in the financial and IT market and implemented them in IT solutions for customers. At the same time, together with its subsidiary IZB Informatik-Zentrum , it ensured the stability and availability of IT operations.

Until its merger with Sparkassen Informatik on January 1, 2006 (effective date: September 1, 2006), IZB SOFT held a 50 percent stake in the IZB Informatik-Zentrum computer center and in Star Finanz , a provider of home banking products. IZB SOFT held 95 percent of the company for processing paperless payments, SZB Service Zentrum Bayern , and five percent of SIZ, the information technology center of the Sparkassen-Finanzgruppe . These shares were transferred to Sparkassen Informatik during the merger.

SIK - Sparkassen Informations- und Kommunikationsservice GmbH

Logo of SIK - Sparkassen Informations- und Kommunikationsservice GmbH

Foundation: 1993

NBG - Netzbetriebsgesellschaft mbH

Logo of the nbg - Netzbetriebsgesellschaft mbH

Foundation: 1997 as a network subsidiary of dvg and dvs. The nbg united the two network areas of the parent companies. The nbg was located in Berlin, Hanover, Leipzig and Saarbrücken.

SIS West

Logo of the Sparkassen-Informatik-Systeme West

Foundation June 16, 1998 from SIG and SRZ

Computer science cooperation

Logo of the IT cooperation

Foundation January 1, 1999 from RHSO and BWS

SI-BW

Logo of SI-BW - Sparkassen Informatik Baden-Württemberg

Foundation January 1, 2000 from DVG and RWSO

Sparkasse IT

Logo of the Sparkassen Informatik

The savings banks computer science GmbH & Co. KG was - in addition to FinanzIT - one of the two remaining IT service provider of the Savings Banks Financial Group and is (legally retroactive effect from 1 January 2008) merged on 1 September 2008 in financial computer science.

Sparkassen Informatik was created on January 1, 2001 from the merger of several data centers of the Sparkassen-Finanzgruppe. The merger partners were SI-BW (Karlsruhe), SIS West (Duisburg) and IT Cooperation (Münster). In 2006, Sparkassen Informatik merged with IZB SOFT (Munich), the then IT service provider for the Sparkassen in Bavaria. The merger took place retrospectively as of January 1, 2006 and became legally effective on September 1, 2006. In October 2006, Sparkassen Informatik also took over 100 percent of the shares in the IZB production company.

The seat of the company was Frankfurt am Main . Due to the merger in 2001, there were further branches in Duisburg , Fellbach , Karlsruhe , Cologne , Mainz and Münster . In the course of the merger with IZB Soft, the Munich location (including the branch office in Nuremberg) was added. On December 4, 2006, the company's shareholders decided to close the Duisburg, Cologne, Karlsruhe and Mainz locations on September 30, 2008 and to bundle the tasks at the remaining locations in Frankfurt (headquarters), Fellbach, Munich and Münster. For this purpose, additions and leasing measures were carried out at the Fellbach and Münster locations, and additional space was rented at the company's headquarters in Frankfurt. The employees concerned were offered jobs at these remaining locations. After a strike that lasted several weeks, in October 2007 a collective wage plan was concluded after intensive negotiations with the employee representatives. Essential elements of these agreements are mobility and relocation allowances, flexible new working time models and severance payments. Of the total of 1,300 employees affected by the location consolidation, more than 1,000 accepted the offer to move to another Sparkassen Informatik location (figures as of June 30, 2008). The Sparkassen Informatik company , including its wholly-owned subsidiary IZB, employed 3438 people (full-time positions; as of June 30, 2008).

The business purpose was, among other things, the support and provision of IT infrastructure, data center capacities and software for at that time (June 30, 2008) 299 savings banks in Baden-Württemberg, Bavaria, Hesse, North Rhine-Westphalia and Rhineland-Palatinate.

The Sparkassen Informatik was managed in the legal form of GmbH & Co. KG . Limited partners were IZB SOFT Verwaltungs-GmbH & Co. KG (Munich), Rheinischer Sparkassen- und Giroverband (Düsseldorf), SI-BW Beteiligungsgesellschaft mbH & Co. KG (Karlsruhe), Sparkassen- und Giroverband Hessen-Thüringen (Frankfurt / Erfurt), Savings Banks Association Rhineland-Palatinate (Mainz), Westphalian-Lippian Savings Banks and Giro Association , (Münster). The shareholders of the general partner GmbH, the Sparkassen Informatik Verwaltungsgesellschaft mbH, were the four savings bank associations, which are also limited partners, as well as the Sparkassenverband Baden-Württemberg and the Sparkassenverband Bayern .

The organs of Sparkassen Informatik were the shareholders' meeting of the GmbH and GmbH & Co. KG, the supervisory board and the management. In addition, the application planning committee, the price committee and the “Sparkassen-Board” were set up as advisory and decision-making bodies.

The management consisted of Fridolin Neumann (Chairman), Franz-Theo Brockhoff (Deputy Chairman), Werner Brunner (Deputy Chairman), Uwe Katzenburg (Deputy Chairman), Willi Bär, Horst Frick (until June 30, 2007) and Harald Lux.

On Friday, December 21, 2007, the negotiating committee, made up of shareholder representatives from both houses, passed a declaration of intent to found a joint IT service provider for the Sparkassen-Finanzgruppe . On April 28, 2008 (FinanzIT) and May 30, 2008 (Sparkassen Informatik), the responsible bodies of both houses approved this merger on the basis of a previously jointly developed merger concept. The contract was signed in mid-July 2008; the merger between Sparkassen Informatik and FinanzIT takes place retrospectively as of January 1, 2008. On July 15, 2008, this merger was in the presence of the President of the German Savings Banks and Giro Association, Heinrich Haasis , the chairman of the supervisory board of both companies, Rolf Gerlach (President of the Savings Banks Association Westphalia- Lippe ) and Claus Friedrich Holtmann (President of the East German Savings Banks Association ), as well as the chairmen of the management of both companies, Fridolin Neumann (Sparkassen Informatik) and Klaus-Peter Kubiak (FinanzIT).

After the standardization of the IT systems, which should be completed after around five years, savings of over 200 million euros are expected annually.

FinanceIT

FinanzIT logo

FinanzIT was created retroactively as of January 1, 2003 from the merger of the Sparkasse IT service providers dvg, dvs, sik and nbg and was - alongside Sparkassen Informatik - one of the two remaining IT service providers of the Sparkassen-Finanzgruppe . The business area was in northern and eastern Germany as well as in Saarland. On January 1, 2008, she was incorporated into Finanz Informatik.

The company shares were between the Landesbanken Norddeutsche Landesbank (Nord / LB, 15.6%), HSH Nordbank (6.0%), Landesbank Berlin (LB Berlin, 15.0%), Bremer Landesbank (Bremer LB, 10.4%) ), Landesbank Saar (SaarLB, 3.0%) and the savings bank associations Sparkassenverband Niedersachsen (SVN) (16.5%), Sparkassen- und Giroverband für Schleswig-Holstein (SGVSH) (5.0%), Ostdeutscher Sparkassenverband (OSV) (16.5%), Hanseatic Savings Banks and Giro Association (HSGV) (6.0%), Savings Banks and Giro Association Hesse-Thuringia (SGV HT) (3.0%), Savings Bank Association Saar (SV Saar) (3.0 %) %) each divided in half.

FinanzIT had locations in Hanover (headquarters), Berlin, Leipzig and Saarbrücken.

FinanzIT customers were savings banks , Landesbanken and other companies of the Sparkassenfinanzgruppe, as well as dwp Bank from the business area.

In the summer of 2006, FinanzIT started a cost-cutting program that was to save 100 million euros annually by the end of 2008. Since FinanzIT belonged to the Sparkassenfinanzgruppe, the aim was to strengthen the savings banks' market position, among other things. The aim was to replace FinanzIT's own core banking system with another. Two alternatives were up for debate:

The market solution included a core banking system from the Indian Oracle subsidiary i-flex Solutions Limited or from SAP . The second alternative was a cooperation with Sparkassen Informatik and a switch to their core banking system OSPlus.

The then chairman of the board, Thomas Noth, played a key role in this project.

At the shareholders' meeting and the supervisory board meeting on May 23, 2007, it was decided that FinanzIT will enter into merger negotiations with Sparkassen Informatik. The market solution remained in place as an emergency solution (so-called "fall-back") if the negotiations were not to be found.

After the merger

In a first pilot series in mid-May 2009, two savings banks from Thuringia and five from Lower Saxony with a total of around 1.9 million accounts migrated from the core banking system of the former FinanzIT to OSPlus (One System Plus), the core banking system of Finanz Informatik from the former Sparkassen Informatik. In subsequent series, most of the savings banks and Landesbanken of the former FinanzIT were migrated to this common platform by 2011.

On May 24, 2012, the supervisory board of Finanz Informatik and the shareholders' meeting decided to close the Berlin, Leipzig, Munich, Nuremberg, Saarbrücken and Fellbach locations until 2014. The Frankfurt, Hanover and Münster locations are to remain in place. The company hopes to reduce costs and improve efficiency by concentrating on three locations. Around 1,600 of the 4,300 FI employees are affected by the site closures, including around 600 in Munich, 474 in Fellbach, 459 in Berlin and around 30 each in Nuremberg and Leipzig.

On October 17, 2013, the general works council of Finanz Informatik was awarded the German Works Council Prize 2013 in silver at the German Works Council Day in Bonn for their commitment to all aspects of site closings and the innovative collective bargaining plan they fought for, which is unique in the financial sector .

In addition to the data center in Münster, there is a backup data center in Greven , which was expanded in the mid-2010s. In addition to the data center in Hanover, the backup data center in Pattensen was built and put into operation in the mid-2010s .

Shareholder

Holdings

The following companies are 100% subsidiaries of Finanz Informatik

  • Finanz Informatik Solutions Plus GmbH, Frankfurt (formerly 1822 S iNFORM Software GmbH)
Logo Finanz Informatik Solutions Plus.gif
  • FinanzIT Servicegesellschaft mbH, Berlin
FI-TS Logo.svg

Finanz Informatik holds a 98% stake in inasys Gesellschaft für Informations- und Analyze-Systeme mbH, St. Augustin.

There are also other investments in which Finanz Informatik holds 50% or less of the shares.

Locations

Finanz Informatik is headquartered in Frankfurt am Main. As the last gap in a series of new commercial buildings , a 70 meter high was built in Frankfurt-Bockenheim at Theodor-Heuss-Allee 90-98 on the site of the former Union print shop (formerly the printing plant of the Frankfurter Rundschau ), today's City-West Office tower as the new central company headquarters, which is known as the "Frankfurt hub". A central, six-storey hall represents “the window to the city”. Around 500 employees work here on a floor space of 19,200 m². The general planner and architect was MOW Generalplanung GmbH in Frankfurt am Main.

In front of the building is a work of art by the artist duo Dellbrügge & de Moll entitled "Morse by Horse". It is a six meter high equestrian statue that is modeled on a toy figure. The second element is two 9.60 meter high signal lights. One is in the forecourt, the other in the building's lobby. The signal lights communicate with each other using Morse code.

The Duisburg, Karlsruhe and Mainz locations were closed on September 30, 2008 as part of a consolidation initiated by Sparkassen Informatik. In the course of the closings, the Cologne location was also massively cut and the location finally closed on December 31, 2012. A first site consolidation was thus completed.

Another location consolidation led to the closure of the Berlin, Cologne, Leipzig, Munich, Nuremberg, Saarbrücken and Stuttgart locations. In addition to the company's headquarters in Frankfurt, the data centers in Münster and Hanover were retained.

Customers

Finanz Informatik customers are 384  savings banks , eight Landesbanks and eight Landesbausparkassen throughout Germany, DekaBank and other companies in the Sparkassen-Finanzgruppe.

literature

  • Schmitt, Martin: “The code of banking. Software as the Digitalization of German Savings Banks ", in: Tatnall, Arthur / Leslie, Christopher (eds.): International communities of invention and innovation, New York, NY. (2016), pp. 141-164.
  • Schmitt, Martin: “Networked banking world. Computerization in the Banking Industry of the Federal Republic and the GDR ”, Frank Bösch (ed.): Paths to the digital society: Computer use in the Federal Republic 1955–1990, Göttingen: Wallstein Verlag 2018 (Geschichte der Gegenwart 20), pp. 126–147.

Web links

Commons : Finanz Informatik (Sparkassen-Finanzgruppe)  - Collection of images, videos and audio files

Individual evidence

  1. a b c #PerausDenkenMachen. In: fi.de. Retrieved February 28, 2019.
  2. jos: IT service provider for the savings banks cuts 1,300 jobs after the merger. In: WELT ONLINE. Axel Springer AG, July 16, 2008, accessed on February 8, 2011 .
  3. including IZB
  4. without financial result
  5. Employee capacities without employees in the ATZ release phase, trainees and employees on passive parental leave
  6. in full-time positions
  7. plus five Landesbanken and five Landesbausparkassen
  8. ↑ Total assets of the savings banks and Landesbanken, excluding Landesbausparkassen, insurance companies, securities processing companies
  9. DBS of the managed savings banks: (cumulative; in EUR billion)
  10. Thomes, Paul: Where you are at home. 150 years of Sparkasse Saarbrücken, Kirkel: HAGER PAPPRINT 2008, p. 376.
  11. OSPlus total banking solution. (No longer available online.) Finanz Informatik GmbH & Co. KG, archived from the original on December 26, 2010 ; Retrieved February 8, 2011 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.fi.de
  12. ^ Schaumburger Nachrichten of May 23, 2007: Sparkasse service providers before job cuts.
  13. Finanz Informatik: Job offer for every employee ( Memento of the original dated February 9, 2014 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. , accessed June 23, 2012 @1@ 2Template: Webachiv / IABot / www.fi.de
  14. ^ In Fellbach: Radical cure at Sparkasse subsidiary , accessed on June 23, 2012
  15. http://www.seiten.faz-archiv.de/rmo/20131018/fda201310184061856.html
  16. http://www.finanzen.ch/nachrichten/aktien/Deutscher-Betriebsraete-Preis-2013-fuer-Zanders-Betriebsraete---Arbeitsrecht-im-Betrieb-zeich-engagierte-Interessenvertreter-aus-713216
  17. Archived copy ( memento of the original dated November 1, 2013 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / www.betriebsraetetag.de
  18. Peter Beckmann: Cable for "Fort Knox" . In: Westfälische Nachrichten . ( wn.de [accessed October 20, 2018]).
  19. Data center is a pioneer. Retrieved on October 20, 2018 (German).
  20. Successful move . In: Finanz Informatik (Ed.): IT Magazin . No. 1/2018 ( fi.de [PDF]).
  21. ^ Dellbrügge & de Moll: Morse by Horse . Manual. Ed .: dsv Kunstkontor. Maurer Verlag, 2006, ISBN 3-09-303117-6 ( Morse by Horse.Manual [accessed February 8, 2011]).
  22. Locations , accessed on January 31, 2019