GFT

EQS-News: GFT Technologies SE: UDPN launches All-in-One Digital Currency Sandbox

Retrieved on: 
Wednesday, April 10, 2024
Central bank, CBDC, GFT, Community business development corporation, Digital, Ecosystem, API, Cryptocurrency

The Universal Digital Payments Network (UDPN)’s new All-in-One Digital Currency Sandbox, launched on 29th February, enables both commercial and central banks to learn about the latest digital currency technology, test built-in use cases, and develop their own new custom use cases.

Key Points: 
  • The Universal Digital Payments Network (UDPN)’s new All-in-One Digital Currency Sandbox, launched on 29th February, enables both commercial and central banks to learn about the latest digital currency technology, test built-in use cases, and develop their own new custom use cases.
  • Marika Lulay, GFT's CEO, declared, “With the All-in-One Digital Currency Sandbox, we are making a significant leap in digital currency deployment.
  • The UDPN Sandbox has the full range of digital currency technologies including retail CBDC, wholesale CBDC, tokenised deposits, stablecoins, purpose-bound money, and security and bond tokenisation systems.
  • The All-in-One Digital Currency Sandbox enables commercial and central banks to learn about the latest digital currency technology, test built-in use cases, and develop their own custom use cases.

EQS-News: Marco Santos to become CEO of GFT Technologies SE

Retrieved on: 
Wednesday, April 10, 2024
Deutsche Bank, Professional, Champaign–Urbana metropolitan area, Administration, STRABAG AG, Growth, USP, Computer science, CFO, Trust, MIT, Artificial intelligence, University of Cologne, Organic, Inc., GFT, University, Head, MBA, Bachelor, STEM, Tata Consultancy Services, STRABAG, International business, Singularity Group, Management

Stuttgart, 26 March 2024 – The Administrative Board of GFT Technologies SE today appointed Marco Santos as the new CEO of the digitalisation group.

Key Points: 
  • Stuttgart, 26 March 2024 – The Administrative Board of GFT Technologies SE today appointed Marco Santos as the new CEO of the digitalisation group.
  • In addition to his current role, Jochen Ruetz (56), CFO of GFT Technologies SE, will become Deputy CEO as of 1 January 2025.
  • Ulrich Dietz, Chairman of the Administrative Board of GFT Technologies, said: “Marco Santos is a guarantor of growth and innovation.
  • I am sure that GFT will continue to develop successfully with the new team.”
    Marco Santos has been appointed CEO of GFT.

Marco Santos to become CEO of GFT Technologies SE

Retrieved on: 
Wednesday, March 27, 2024
Networks, Data Management, Apps, Applications, Technology, Software, Deutsche Bank, Professional, Champaign–Urbana metropolitan area, STRABAG AG, Growth, USP, Computer science, CFO, Trust, MIT, Artificial intelligence, University of Cologne, Organic, Inc., GFT, University, Head, MBA, Bachelor, STEM, Tata Consultancy Services, STRABAG, International business, Singularity Group, Management

The Administrative Board of GFT Technologies SE today appointed Marco Santos as the new CEO of the digitalization group.

Key Points: 
  • The Administrative Board of GFT Technologies SE today appointed Marco Santos as the new CEO of the digitalization group.
  • In addition to his current role, Jochen Ruetz (56), CFO of GFT Technologies SE, will become Deputy CEO as of 1 January 2025.
  • Ulrich Dietz, Chairman of the Administrative Board of GFT Technologies, said: “Marco Santos is a guarantor of growth and innovation.
  • He has many years of capital market and business experience and has been CFO of GFT Technologies SE since 2003.

EQS-News: GFT strengthens growth with artificial intelligence and expansion in Latin America

Retrieved on: 
Wednesday, March 13, 2024
Acquisition, AI, Pressure, Growth, Gesellschaft mit beschränkter Haftung, EUR, GFT, Tax, EBT, Annual, Financial management, FTE

EUR 85 million expected

Key Points: 
  • EUR 85 million expected
    Stuttgart, 7 March 2024 – GFT Technologies SE (GFT) continued its solid growth trajectory in 2023.
  • Business with banks and industrial clients made particularly strong progress with revenue growth of 13 and 12 percent, respectively.
  • Growth was driven in all sectors by the noticeable uptick in demand for AI solutions – especially since the launch of the GFT AI.DA Marketplace in late September.
  • In the Banking sector, GFT achieved growth of 13 percent and in the Industry & Others sector revenue rose by 12 percent.

GFT Appoints Chief Strategy Officer in the U.S. to Deliver on Companies’ Growing AI and Data Ambitions

Retrieved on: 
Thursday, February 15, 2024
Technology, Engineering, Automotive Manufacturing, Insurance, Manufacturing, Finance, Consulting, Banking, Professional Services, Artificial Intelligence, Other Technology, Software, Other Manufacturing, Data Management, Cloud, Acquisition, Senior, AI, Cozzolino, Investment, Tag cloud, Growth, Confusion, Advent International, Organization, GFT, CSO, Salesforce, Sales

Global digital transformation company GFT today announced the appointment of Tom Cozzolino as its new Chief Strategy Officer (CSO) in the U.S.

Key Points: 
  • Global digital transformation company GFT today announced the appointment of Tom Cozzolino as its new Chief Strategy Officer (CSO) in the U.S.
  • As CSO, Cozzolino will support GFT’s continued local market expansion with a focus on deepening its AI and data-based offerings.
  • By 2027, software and IT services including AI, cloud and security will grow to make up 69% of all global technology spending .
  • GFT additionally announced its acquisition of Sophos Solutions from Advent International in January 2024, further expanding its AI and cloud proficiencies.

EQS-News: GFT acquires Sophos Solutions from Advent International

Retrieved on: 
Tuesday, January 30, 2024
GFT, AI, Advent International, Acquisition, News, Growth, Airline

With Sophos, GFT advances to one of the top 3 banking IT services providers across Latin America and also increases its global delivery capability.

Key Points: 
  • With Sophos, GFT advances to one of the top 3 banking IT services providers across Latin America and also increases its global delivery capability.
  • GFT clients benefit from expanded delivery capacity and access to new expertise, including in solutions for core banking with Sophos’ established partners.
  • We look forward to following the company’s continued success.”
    “For everyone at Sophos, it is a great opportunity to become part of GFT,” added Sophos CEO Felipe Villa.
  • We are grateful to Advent for taking our company to the next level.”
    Canaccord Genuity is serving as the exclusive financial advisor to Advent and Sophos.

GFT acquires Sophos Solutions from Advent International

Retrieved on: 
Monday, January 29, 2024
Banking, Software, Professional Services, Data Management, Technology, Other Manufacturing, Engineering, Insurance, Automotive Manufacturing, Finance, Other Technology, Consulting, Manufacturing, GFT, AI, Advent International, Acquisition, News, Growth, Airline

Global digital transformation pioneer GFT Technologies SE (GFT) agreed to acquire 100% of shares in Colombia-based core banking expert Sophos Solutions S.A.S.

Key Points: 
  • Global digital transformation pioneer GFT Technologies SE (GFT) agreed to acquire 100% of shares in Colombia-based core banking expert Sophos Solutions S.A.S.
  • With Sophos, GFT advances to one of the top 3 banking IT services providers across Latin America and also increases its global delivery capability.
  • GFT clients benefit from expanded delivery capacity and access to new expertise, including in solutions for core banking with Sophos’ established partners.
  • We are grateful to Advent for taking our company to the next level.”
    Canaccord Genuity is serving as the exclusive financial advisor to Advent and Sophos.

GFT acquires Sophos Solutions from Advent International

Retrieved on: 
Thursday, January 25, 2024
GFT, AI, Advent International, Acquisition, News, Growth, Airline

STUTTGART, Germany and BOGOTA, Colombia, Jan. 25, 2024 /PRNewswire/ -- Global digital transformation pioneer GFT Technologies SE (GFT) agreed to acquire 100% of shares in Colombia-based core banking expert Sophos Solutions S.A.S. With Sophos, GFT advances to one of the top 3 banking IT services providers across Latin America and also increases its global delivery capability. The purchase from Advent International, one of the largest and most experienced global private equity investors, is a clear sign of GFT's continued focus on growth and profitability. 

Key Points: 
  • With Sophos, GFT advances to one of the top 3 banking IT services providers across Latin America and also increases its global delivery capability.
  • GFT clients benefit from expanded delivery capacity and access to new expertise, including in solutions for core banking with Sophos' established partners.
  • For Sophos' clients, the acquisition means access to the additional large GFT talent pool, extensive experience in successfully implementing next generation technology, more partners like Thought Machine , and pre-built solutions.
  • "For everyone at Sophos, it is a great opportunity to become part of GFT," added Sophos CEO Felipe Villa.

GFT International Trading Platform Releases 2023 Annual Financial Report, Demonstrating Strong Growth Momentum

Retrieved on: 
Monday, December 18, 2023
Money services business, GFT, Treasury, CO, MSB, Social responsibility, Growth, Cryptocurrency, Environment, Video game

Denver, CO, Dec. 18, 2023 (GLOBE NEWSWIRE) -- In December 2023, GFT International Trading Platform unveiled its annual financial report for the year 2023.

Key Points: 
  • Denver, CO, Dec. 18, 2023 (GLOBE NEWSWIRE) -- In December 2023, GFT International Trading Platform unveiled its annual financial report for the year 2023.
  • In the fiscal year 2023, GFT International Trading Platform achieved robust financial performance.
  • Significant growth in the trading sector: Annual trading volume increased by 30.7%, reaching $2.8 trillion, highlighting the exceptional performance of GFT International Trading Platform in the trading sector.
  • GFT International Trading Platform will continue its commitment to providing an outstanding trading experience for global users, constantly optimizing services and products.

EQS-News: GFT improves leading position for AI and data analytics projects in the Google Cloud

Retrieved on: 
Tuesday, December 26, 2023
Cloud, Innovation system, AI, GCP, GFT, Machine learning, ISG

“GFT has gathered extensive experience with AI and data analytics projects on GCP,” said Mark Purdy, principal analyst and author of the ISG report.

Key Points: 
  • “GFT has gathered extensive experience with AI and data analytics projects on GCP,” said Mark Purdy, principal analyst and author of the ISG report.
  • “They continue to invest in bespoke solutions as well as skills, which makes them a strong choice for data analytics and ML services in Europe.
  • The ISG Provider Lens™ recognition not only validates GFT's enhanced position in AI but also underscores its specific strengths in data analytics and machine learning within the Google Cloud ecosystem.
  • In 2022, GFT earned accolades from ISG for its leadership in Europe within the data analytics and machine learning segment of the Google Cloud Partner Ecosystem.