Press Releases

GFT supports banks adopting Web 2.0 interaction models partnering with Backbase

Wed, 25 Apr 2012 12:00:00 +1300

GFT and Backbase, the Bank 2.0 specialist, today announced the signing of a partnership agreement to enhance sales, service and delivery of both companies.

CODE_n12 Award goes to myTaxi

Thu, 08 Mar 2012 12:00:00 +1300

International innovation contest draws to a successful close at CeBIT

A new kind of exhibition – CODE_n and the mobile ideas of the future

Mon, 05 Mar 2012 12:00:00 +1300

Hall 16 of the CeBIT exhibition grounds in Hanover is strikingly different to the others – in terms of both its architecture and content. Artist Tobias Rehberger and architect Jürgen Mayer H. have transformed the 3,500 square meters of space into an inspiring environment, which will be home to the 50 finalists of the international CODE_n12 competition as they present their ideas for mobile living and working

GFT posts revenue growth and stable earnings in FY 2011

Thu, 01 Mar 2012 12:00:00 +1300

GFT today announced its preliminary and unaudited financial figures for the financial year 2011: consolidated revenue was up 10 percent to EUR 272.38 million; pre-tax earnings remained virtually unchanged at the high level of EUR 11.05 million

Picture Money Transfer: GFT to present innovative mobile banking app at CeBIT

Wed, 29 Feb 2012 12:00:00 +1300

At the CeBIT, the “Picture Money Transfer” prototype will be presented: an innovative mobile banking app with which smartphone cameras can digitise and intelligently process bank transfer slips.

Barcelona showcases the devices, CODE_n at CeBIT brings the applications

Tue, 28 Feb 2012 12:00:00 +1300

Invitation to press conference at CeBIT at 1:15pm on March 5.

GFT’s personal touch outsourcing effective for financial services sector

Mon, 13 Feb 2012 12:00:00 +1300

Mobility & ITIL to drive outsourcing in 2012

GFT to show next-generation finance apps at CeBIT

Tue, 31 Jan 2012 12:00:00 +1300

IT company advising banks on apps with multi-platform architecture

CODE_n brings digital business trends to CeBIT 2012

Tue, 17 Jan 2012 12:00:00 +1300

Finalists chosen for international mobility competition

GFT has the Knowledge to Optimise IT

Sat, 05 Nov 2011 12:00:00 +1300

IT solutions provider brings ITIL experience to the cloud at Knowledge11

GFT and Avaloq extend partnership

Tue, 25 Oct 2011 12:00:00 +1300

Foundation for European Competence Centre laid in Zurich

GFT continues international growth strategy with acquisition of G2 Systems’ consulting services

Wed, 12 Oct 2011 12:00:00 +1300

Services portfolio for financial industry extended with addition of top-class consulting for Alternative Investment companies

New Appointments at the Top of GFT UK

Mon, 10 Oct 2011 12:00:00 +1300

New UK MD and Group Operations role strengthen senior team

First CODE_n international contest for new IT companies – Shaping Mobile Life

Mon, 26 Sep 2011 12:00:00 +1300

Promotion at CeBIT 2012 for 50 most creative start-ups, €25,000 award for the winner

GFT continues growth with new record figures

Thu, 11 Aug 2011 12:00:00 +1300

Following a strong second quarter, GFT has once again stepped up the pace with strong growth in revenue and earnings in the first six months of 2011.

GFT strengthens its expertise in bank process consulting with acquisition of Asymo - Takeover of Swiss IT company supports international growth strategy

Thu, 09 Jun 2011 12:00:00 +1300

GFT is to acquire Asymo AG, one of Switzerland’s leading IT consulting companies for the core banking solution Avaloq. A corresponding agreement will be signed today in Zurich.

Dynamic start to 2011 for GFT: revenue and earnings extended in first quarter

Thu, 12 May 2011 12:00:00 +1300

GFT continued its positive development of the past financial year in early 2011 and closed the first quarter of 2011 with a strong increase in revenue and earnings.

GFT and Temenos sign European partnership agreement

Tue, 03 May 2011 12:00:00 +1300

GFT and Temenos, the market leading provider of banking software, today announced the signing of a partnership agreement to significantly enhance the sales, service and delivery capabilities of Temenos’ solutions within Europe, focusing on Spain, Portugal, the UK and Germany

GFT on track for growth with record revenue

Mon, 28 Feb 2011 12:00:00 +1300

GFT today announced its preliminary financial figures for the financial year 2010. The company posted record figures for both revenue and pre-tax earnings (EBT). At €248.26 million, total revenue was 15 percent above the corresponding prior-year figure of €216.81 million; EBT grew by 47 percent to €11.55 million (prior year: €7.86 million).

Wealth management by a-touch from GFT

Mon, 21 Feb 2011 12:00:00 +1300

GFT has launched a-touch, its new touch banking framework for financial consultants available on both the iPad and laptops. A-touch brings real-time investment information to financial consultations for private banking and wealth management professionals.

GFT appoints Jean-François Bodin to its Executive Board

Tue, 08 Feb 2011 12:00:00 +1300

The Supervisory Board of GFT has adopted a resolution to appoint Jean-François Bodin to the company’s Executive Board. The internationally experienced manager has been responsible for GFT’s Resourcing division since 2006 and will continue to drive the development of this business segment at Board level.

GFT Research: Finance IT Unprepared for Impact of Regulation

Mon, 10 Jan 2011 12:00:00 +1300

Research from GFT, a leading international provider of innovative banking technology, has revealed that banks are at risk of underfunding the implementation of regulatory changes in Finance IT and that staffing levels have fallen back, leaving the sector exposed.

GFT continues successful course with significant growth and strongly improved earnings

Mon, 08 Nov 2010 12:00:00 +1300

GFT has continued its positive development of the first six months and closed the third quarter of 2010 with significant increases in revenue and earnings.

The new way of thinking: Ulrich Dietz presents “The new New”

Wed, 29 Sep 2010 12:00:00 +1300

The new New” is to be published tomorrow. The publication investigates the question of how innovation occurs and which obstacles new thinking often faces.

G2 Systems Announces Global ‘Smart-Sourcing’ of Geneva® Services with Leading IT Consulting Firm GFT

Mon, 20 Sep 2010 12:00:00 +1300

G2 Systems, LLC and GFT announced today the launch of a new comprehensive, cost-effective service for Geneva implementation and support services.

GFT continues dynamic growth and exceeds expectations in second quarter

Mon, 09 Aug 2010 12:00:00 +1300

GFT can look back on an encouraging first six months of 2010. Both revenue and earnings before taxes (EBT) were ahead of growth expectations and underline the strong upturn in business activity.

GFT comments: Banks must improve quality of consulting: intelligent IT solutions are the key

Tue, 27 Jul 2010 12:00:00 +1300

The repeat of poor results from Stiftung Warentest show that there is need for urgent action to improve the quality of consultation by banks.

Global alignment for GFT’s Corporate Communications

Mon, 31 May 2010 12:00:00 +1300

GFT globally aligned its communication activities by merging its Corporate Marketing, Corporate Communications and Investor Relations operations.

GFT raises forecast for financial year 2010 after encouraging start to first quarter

Tue, 11 May 2010 12:00:00 +1300

GFT Technologies AG has got off to a dynamic start in its financial year 2010, posting increased revenue and earnings in the first quarter.

'Land of Ideas' - GFT presented with award for promoting young talents

Mon, 30 Nov 2009 12:00:00 +1300

Stuttgart, 30 November 2009 - GFT is a 'Selected Landmark' in the 'Land of Ideas'.

FinTech Ranking 2009: GFT once more among the world's top 50 IT service providers in the financial sector

Thu, 26 Nov 2009 12:00:00 +1300

London, 26 November 2009 - GFT Technologies AG (GFT) has again this year been ranked among the 50 best IT service providers for the financial services sector worldwide. In the current FinTech 100 ranking, the international IT company was placed 44th, and was thus in the top 50 of the world's leading IT service providers in the financial sector for the second year running. "We are delighted about the ranking and see it as confirmation of our business strategy. It proves that we have been able to develop our positioning as a strategic IT partner for the financial industry, even in economically difficult times," commented GFT Executive Board member Marika Lulay.

GFT profits from rising demand in the financial sector and again improves earnings

Thu, 05 Nov 2009 12:00:00 +1300

GFT attains a positive balance sheet for the first nine months of the current year. Against the background of a continually demanding market environment the international IT company has been successful in increasing its earnings before taxes (EBT) to slightly above that of the previous year for the second quarter running.

New survey shows: IT innovation helps banks out of the crisis

Tue, 29 Sep 2009 12:00:00 +1300

Stuttgart, 29.09.2009: The banking sector and information technology are already closely intertwined, not least because financial services and products are largely based on IT applications. This close association will play an even more important role in future. International IT company GFT Technologies AG (GFT) today presents the details of its new PAC trend survey “The influence of IT on corporate success in times of crisis.” The findings show that, against the backdrop of the global financial crisis, technology and inno-vation are becoming ever more important to banks. IT is being asked to fulfil its capacity for innovation in order to meet the major challenges of globalisa-tion, consolidation and competition.

GFT holds its own in a demanding market environment closing the first half of the year with increased earnings

Thu, 13 Aug 2009 12:00:00 +1300

GFT has published its interim financial report as at 30 June 2009 today. "Against the background of a still tense economic situation, we were able to produce a satisfactory half-yearly balance: With almost stable business development, we were also able to slightly increase our earnings in the first six months of 2009,” says Ulrich Dietz, CEO of GFT. The GFT Group achieved earnings before taxes (EBT) of EUR 2.28 million to 30 June 2009 (previous year: EUR 2.25 million). The consolidated revenue at EUR 107.48 million was slightly down on the same period the previous year (EUR 115.9 million).

GFT’s Annual General Meeting approves dividend of € 0.10

Wed, 10 Jun 2009 12:00:00 +1300

The tenth Annual General Meeting (AGM) of GFT Technologies AG (GFT AG) held in Stuttgart on Tuesday, 9 June 2009 approved the dividend of € 0.10 per share as proposed by the Executive Board and Supervisory Board. The shareholders approved all items on the agenda with a large majority.

Impressive GFT results with higher earnings for Q1 2009

Thu, 14 May 2009 12:00:00 +1300

GFT today announced its results for Q1 2009. “We have been able to continue to report positive results, despite economic conditions remaining difficult”, says Ulrich Dietz, Chairman of the Executive Board of GFT. For the first three months of 2009 the GFT Group posted revenue of € 54.6m (prev. year: € 55.4m). Earnings before taxes rose 88% year-on-year to € 0.9m (prev. year: € 0.5m).

GFT publishes 2008 Annual Report

Thu, 26 Mar 2009 12:00:00 +1300

GFT Technologies AG today published its Annual Report for the 2008 financial year. „In the 20 years since GFT was established, we have successfully lived through a number of difficult economic situations. Then as now, one of the driving forces behind our company has been the ability of everyone at GFT to dream up new innovations”, Ulrich Dietz, CEO of GFT said.

Intelligent IT solutions point the way out of the crisis

Wed, 04 Mar 2009 12:00:00 +1300

The financial crisis is bringing banks to their knees – experts call for more efficient risk management

GFT defies financial crisis and proposes 2008 dividend

Mon, 02 Mar 2009 12:00:00 +1300

GFT today unveiled its preliminary and unaudited financial figures for the past financial year. “In 2008 we succeeded in clearly reinforcing our position in the financial sector, despite the difficult environment,” announced Ulrich Dietz, Chairman of the Executive Board of GFT. He continued, “to remain competitive in the current economic climate, companies need a flexible and innovative IT partner.”

GFT at CeBIT 2009 — Vacancies for full-time and freelance qualified IT experts

Wed, 25 Feb 2009 12:00:00 +1300

International IT company GFT Technologies AG (GFT) will appear at this year’s CeBIT in Computerwoche’s Job & Career Market in Hall 6, Booth C24. From 3 to 8 March 2009, recent graduates and experienced IT specialists are invited to learn about career opportunities at GFT.

GFT appoints Albrecht Öhring as the new Managing Director of emagine gmbh

Thu, 15 Jan 2009 12:00:00 +1300

GFT has appointed Albrecht Öhring as the new Managing Director of its subsidiary emagine gmbh. The company specialises in the management of IT service providers.

FinTech 100 Ranking

Wed, 17 Dec 2008 12:00:00 +1300

GFT Technologies AG, a leading international IT service provider, has this year entered the FinTech top 50, improving its ranking by 16 places to 41st in the top 100 global IT service providers in the financial services sector. This prestigious recognition reflects the success of the company’s sector focus and ability to deliver innovative technology solutions to its clients, despite difficult economic circumstances.

FinTech 100 Ranking

Wed, 17 Dec 2008 12:00:00 +1300

Stuttgart, 17.12. 2008– GFT Technologies AG, a leading international IT service provider, has this year entered the FinTech top 50, improving its ranking by 16 places to 41st in the top 100 global IT service providers in the financial services sector. This prestigious recognition reflects the success of the company’s sector focus and ability to deliver innovative technology solutions to its clients, despite difficult economic circumstances.

GFT publishes results for the first nine months of 2008

Thu, 06 Nov 2008 12:00:00 +1300

GFT achieved stable revenue development despite the current turbulence in the financial markets. In the first nine months GFT generated revenues of €177.5m (previous year: €176.3m). The earnings before taxes came to €4.3m. and were therefore lower than expected. The revenue and income targets for the 2008 financial year were reduced.

GFT publishes preliminary figures for the third quarter 2008

Fri, 17 Oct 2008 12:00:00 +1300

GFT today published its preliminary results for the third quarter 2008. The GFT Group expects revenues of € 61.6m in the third quarter. Earnings before taxes in the period from July to September 2008 are expected to come in at € 1.9m.

"Global Delivery" and "Expert Knowledge" determine success of IT Projects

Tue, 23 Sep 2008 12:00:00 +1300

The demands of large international enterprises on their external IT service providers are on the rise: being globally networked, providers must have a solid understanding of the industry processes and be able to staff projects with suitable internal and external IT experts. This is the main finding of a survey called "Successful Projects and Services in the Age of Global Delivery", which analysed success factors in the outsourcing of IT projects.

GFT expands in Brazil - financial market crisis offers new opportunities

Mon, 22 Sep 2008 12:00:00 +1300

GFT has announced the expansion of its Brazilian division. The company has greatly expanded its IT development centre in Sorocaba, 90 km from São Paulo, where it has been active since 2006. The new location comprises approximately space for 300 people and GFT will invest another 600,000 euros in the expansion before the end of the calendar year.

Hansjörg Widmer appointed new head of the inter-national consulting team of GFT Technologies AG

Tue, 16 Sep 2008 12:00:00 +1300

Leading international IT service enterprise GFT has appointed Hansjörg Widmer as the new head of its international consulting team.

International recognition of GFT’s quality

Thu, 14 Aug 2008 12:00:00 +1300

GFT has today reached the CMMI®’s third level of process maturity and appointed a Chief Quality Officer, as part of its ongoing quality improvement strategy.

GFT achieves increase in revenue despite difficult market environment

Thu, 07 Aug 2008 12:00:00 +1300

GFT increased its revenue and earnings compared to the previous quarter despite the continued financial market crisis. In the first half of 2008, the company noted revenue growth of three per cent to € 115.9m. Earnings before taxes came to € 2.3m.

Erwin Selg takes over Group-wide technology management of GFT

Thu, 24 Jul 2008 12:00:00 +1300

GFT announces that Erwin Selg has taken over the leadership of the group-wide technology management of GFT as Chief Technology Officer (CTO). In the newly created position, he is playing a decisive role in the strategic enhancement and positioning of the company in the technological area. Selg will report directly to the GFT Executive Board.

Manuel Urban, new Chief Quality Officer (CQO) of GFT

Thu, 10 Jul 2008 12:00:00 +1300

Las nuevas funciones de Manuel Urban, dependiendo del Comité Ejecutivo, se centrarán en gestionar la calidad por medio del conocimiento interno, los procesos de desarrollo y la entrega al cliente.

GFT Technologies AG Annual General Meeting resolves to relocate the company headquarters

Wed, 11 Jun 2008 12:00:00 +1300

On Wednesday, 11 June 2008, the ninth regular Annual General Meeting of GFT agreed to the relocation of the company’s headquarters from St. Georgen to Stuttgart with an overwhelming majority (99.72 percent). It thus followed the proposal made in the previously published agenda.

GFT gets off to a positive start in the 2008 financial year

Thu, 08 May 2008 12:00:00 +1300

In 2008, GFT got the new financial year off to a positive start. In the first quarter of 2008, the company increased its revenue by three percent to € 55.4m, posting earnings before taxes (EBT) totalling € 0.5m. The revenue and income targets for the year 2008 were confirmed.

GFT Technologies (Switzerland) AG increases revenue by 35 percent in 2007

Thu, 10 Apr 2008 12:00:00 +1300

GFT Technologies AG recorded 2007 as the most successful year in the company’s history. Revenue clearly increased by 42 percent to € 247.1m (CHF 405.2m) and earnings before taxes (EBT) by 85 percent to € 12.4m (CHF 20.3m). The fully-owned Swiss subsidiary of the corporate group has also grown, having achieved revenues of CHF 7.6m in 2007, thus coming in 35 percent above the previous year’s value (balance sheet according to IFRS).

GFT ensures that everything runs smoothly in post office branches across Germany

Wed, 09 Apr 2008 12:00:00 +1300

GFT will in future ensure that, in technical terms, everything runs smoothly at almost 9,000 Post and Postbank branches. The IT experts from GFT are taking over the maintenance and development of the interactive operating environment of the ZORA branch system ("Zukunftsorientierte Retail-Anwendung" [Future-Oriented Retail Application]).

GFT Technologies AG sees record revenues and results in 2007

Thu, 27 Mar 2008 12:00:00 +1300

During the 2007 financial year, GFT was able to significantly increase revenues as well as earnings before taxes (EBT). “For the GFT group of companies, 2007 was by far the most successful year in the company’s history,” said Ulrich Dietz, Chief Executive Officer (CEO) of GFT Technologies AG, on Thursday during the presentation of the company balance sheet in Stuttgart.

GFT Technologies AG posts most successful financial year in the company’s history

Wed, 05 Mar 2008 12:00:00 +1300

For GFT 2007 was the most successful financial year in the company’s history. After preliminary calculations, the company was able to significantly increase both revenue and earnings before tax (EBT).

GFT establishes practice for procuring and delivering freelance SAP experts

Tue, 04 Mar 2008 12:00:00 +1300

GFT has established a dedicated practice for procuring and placing freelance SAP specialists. In this way the company is expanding the Resourcing business area, which provides external IT experts for customer projects.

Software AG and GFT begin cooperation to expand market position in Brazil and the United States

Tue, 04 Mar 2008 12:00:00 +1300

At CeBIT in Hannover, Software AG and GFT introduced their collaboration on market development in Brazil and the expansion of business in the United States. The two globally operating companies headquartered in Germany agreed to join forces and use their respective skills to successfully open new markets together. Both companies intend to strengthen their US business through a nearshore development model for customers from the financial services industry.

GFT Solutions GmbH becomes GFT inboxx GmbH

Tue, 19 Feb 2008 12:00:00 +1300

GFT Solutions GmbH, a wholly-owned subsidiary of GFT Technologies AG, has been registered as GFT inboxx GmbH, with immediate effect. The renaming emphasises the successfully completed focussing of the company on the area of archiving.

GFT realises the first national e-government solution in Switzerland for tax matters

Thu, 31 Jan 2008 12:00:00 +1300

In a commission by the cantons and the Swiss Federation, GFT Technologies (Switzerland) AG has for the first time realised a standardised platform to manage securities listings and assess non-listed firms in Switzerland for tax purposes. Securities Listing Control – or WVK, to give it its German initials – enables the tax authorities to access the prices of both listed and unlisted companies throughout Switzerland.