Swisscom IT Services Finance

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Swisscom IT Services Finance AG
legal form Corporation
founding 1980/1991 (merger)
Seat Zurich , Switzerland
management Marcel Walker
( CEO )
Ueli Dietiker
( Chairman of the Board of Directors )
Number of employees 640 (2018)
sales 328 million CHF (2010)
Branch IT services
Website www.swisscom.ch/finance

The Swisscom IT Services Finance AG , based in Zurich is on IT solutions specialized, internationally active IT companies. It employs 640 people and in 2007 generated sales of 295 million Swiss francs. Swisscom Finance has been a wholly-owned subsidiary of Swisscom since January 1, 2006 . On June 1, 2011, Comit AG was renamed Swisscom IT Services Finance AG.

Field of activity

The company offers a variety of proprietary and third party products for use in the banking and insurance industries . These include IT solutions for general banking as well as for the areas of investment management, securities lending , risk management , financial information, payment transactions and insurance .

history

Comit (since June 1, 2011 Swisscom IT Service Finance AG) emerged in 1991 from the merger of the two companies Mibas Consulting AG in Basel and Ebob AG in Zurich, founded in 1980 . In the same year the development of client-server applications was started.

In 1998 the cooperation with BZ Informatik (now Avaloq Evolution AG) began as an implementation partner . The international expansion took place in 1999 with the establishment of a subsidiary in Austria.

The company became the property of their management in 2001 through a management buy-out . As a result, Comit grew (since June 1, 2011) through the establishment of further subsidiaries in Germany and abroad (2001 Germany, 2006 Singapore, 2008 Luxembourg) and various acquisitions .

In 2005 the takeover by Swisscom was decided. This was completed on January 1, 2006.

Comit (like Resource and Sourcag) has been operating on the market under the Swisscom brand since mid-2011 and continues to be recognizable as an independent division with the name “Finance Services”.