Corporate Profile

Annual Report 2008

Annual Report 2008

Corporate Profile

Finanz Informatik Technologie Service is an established outsourcing partner for organisations in the financial sector. We develop and operate secure, powerful, high-availability IT infrastructure solutions for our customers. This enables them to drive their core business to greater success, raise efficiency and optimise IT costs.

As a provider of professional services to the financial sector, our origins go back to the 1960s, to the data centres of the Bavarian Savings Banks (the "Sparkassen") and the Bavarian Landesbank (the state bank of Bavaria). On January 1, 2009 we became Finanz Informatik Technologie Service, and are now taking four decades of experience and expertise "Made in Germany" into a new future.

Today we're an established outsourcing partner for secure, highly available IT infrastructures. Having enriched our portfolio with application services in 2008, we partner with leading providers of banking applications, enabling customers to accelerate their own time-to-market in Germany for new products.

Smart outsourcing solutions reduce costs

Our key success factor is our relentless commitment to improving service quality while maintaining competitive prices. Our smart outsourcing solutions reduce costs for our customers and provide them with distinct competitive advantage. We can count on years of experience to guide customers in their choices, and offer optimised services based on standardised technologies and processes, which we assemble with customers into a best-fit solution.

With our comprehensive expertise in service design and system engineering, customers can be confident of getting precisely the right operating platform for their applications. There’s no one-size-fits-all approach to IT infrastructure anyway – each business process demands different performance, availability, cost and agility. We team with hardware and software partners to find just the right environment for our customers – a platform they can always rely on, particularly when charting their business through challenging territory.

We never leave customers just to “get on with it”, and adapt our support to whatever is needed. Our credo is simple: outsourcing, for Finanz Informatik Technologie Service, is far more than knowing our way about the industry, preparing a project and getting it underway. It also means taking responsibility for productive operation.

Top class security standards

Top-class quality and security standards are paramount for our customers – which mean they’re paramount for us also. With certifications including ISO 9001:2000, ISO 27001:2005, Trusted Site Infrastructure (TSI) of TÜViT (an accredited IT security testing institute in Germany), we are assiduous in our fulfilment of relevant standards. We have also operationalised the “Secure IT operations” bank standard of the Sparkasse information technology center (SIZ).

We employ some 520 people at our headquarters in Aschheim, just outside Mu- nich, and at our Nuremberg and Offenbach offices. In fiscal 2008 we achieved a total sales volume of €165 million.

We are proud to have a base of satis- fied clients that includes BayernLB, the Hessen-Thüringen Landesbank, Bank of Scotland, Finanz Informatik, DekaBank, Deutsche Kreditbank, dwp bank, Hauck & Aufhäuser, LBS IT and State Street Bank.

A subsidiary of Finanz Informatik, we are part of the Sparkasse Finanz Group. With 610 companies and a combined asset volume of some €3,300 billion, this is the largest banking group in Europe.

 

 

 

 

 

 

 

Overview:        
  2008 T€ 2007 T€ Change over previous year %  
Fixed assets: 45.062 46.154 -1,2  
Current assets: 19.092 25.763 -25,9  
Total assets: 73.322 78.133 -6,2  
Capital expenditure: 21.037 22.623 -7,0  
Sales revenue: 164.197 188.610 12,6  
Retained profits: 2.330 2.820 -17,4