SDS GEOS Brochure

SDS GEOS: The high-performance solution for global securities and derivatives processing.


With SDS Managed Services, SDS assumes responsibility for the operation of SDS solutions on an own infrastructure and offers a comprehensive service offer
corresponding to agreed-upon service level agreements.


With SDS Managed Services, SDS assumes responsibility for the operation of SDS solutions on an own infrastructure and offers a comprehensive service offer
corresponding to agreed-upon service level agreements.

The Future of Tax: Exclusive SDS panel discussion about the future of Withholding Taxes across Europe at the 2021 FS Tax Conference.

On 10 & 11 November the Financial Services Tax Conference will take place virtually in 2021. Over 2 days, 40+ speakers will address a global audience on a range of industry issues in 14 thematic sessions. Pairing leading industry expertise with topics that have great scope for intriguing debate, the conference offers an engaging experience in an intimate conference setting. So does SDS with its exclusive panel discussion on 10 November 2021. Topic: Withholding taxes across Europe (TRACE). Get ready and join the conversation.

We would be delighted to meet you virtually. Register today!

Michel Grandchamp becomes the new SDS Chief Financial Officer.

Michel Grandchamp (50) will take over the role of Director Finance and Controlling at SDS as of September 2021. As a member of the Management Board, he will be responsible together with Managing Director Ernst Kendlbacher for the continued success and growth of SDS in its core and target markets in Europe. Michel Grandchamp will also assume the role of Vice President Finance and Controlling at T-Systems Alpine (Austria & Switzerland), where he will be responsible for the finances of the highest-revenue region outside Germany, also as a member of the Management Board.

Michel Grandchamp has held various positions at T-Systems since 2007, both internationally and in Switzerland, France and the Netherlands. Most recently, Grandchamp held the position of Vice President Finance and Controlling at T-Systems France and T-Systems Netherlands. “I am looking forward to continuing the success story of T-Systems Alpine and to actively shaping its growth and further development,” says Grandchamp.  In addition to his participation in Deutsche Telekom’s Leadership Programme, he also completed management training with the Swiss Army. Grandchamp started his professional career in 1995 at IBM in Switzerland. He sought his next challenges at UUNET GmbH / MCI WorldCom AG in Geneva and Zurich and Global Crossing, where he was Sales Manager for the DACH region and Scandinavia. Grandchamp studied at the University of Bern and holds a licentiate in business administration. Further studies took him to Oxford University and the University of St. Gallen.

Grandchamp is a British and Swiss citizen and speaks German, English and French. A keen skier, he lives in Biel, Switzerland, and is married with three children.

SDS WHITEPAPER: Tax Reporting Insights from European Tax Experts on TRACE.

TRACE, the OECD Treaty Relief and Compliance Enhancement Package, is a withholding tax treaty claim mechanism for non-resident portfolio investors. Finland was the first country in the world to adopt it.

TRACE was established to simplify the approach of claiming lower tax rates by leveraging the central role of intermediaries. By registering as an Authorised Intermediary (AI), financial institutions and custodians may take over the responsibility for the correct taxation for their clients and agree to exchange the relevant information with the competent authorities, allowing the financial institutions and custodians to benefit from the opportunity to simplify their clients‘ cross-border investments.

The TRACE model for withholding taxes of dividends paid to nominee-registered shares was implemented at the beginning of this year and the first reporting is due in January 2022. For financial institutions and custodians registering as AIs or considering doing so, there is still much to learn about the TRACE benefits and challenges, about the details of the implementation in Finland, and prospective future jurisdictions adopting this regime.

This SDS WHITEPAPER summarizes the key findings of the discussion on the following points:

  • The benefits of TRACE
  • The specifics in Finland
  • The challenges of implementation
  • The future of TRACE

generated during an SDS webcast in May 2021.

In addition, we provide a summary of an expert interview with Veroskatt (Tax Authority Finland) in the form of an e-paper in the download-section.

SDS WEBINAR: TRACE – Best Practices in Streamlining Withholding Tax Procedures.

Finland was the first country to adopt TRACE, the OECD Treaty Relief and Compliance Enhancement Package and there are only a few months to go until the first TRACE reports must be submitted to the competent authorities.

TRACE was created to streamline the procedures for claiming reduced tax rates by leveraging on the central role of intermediaries, that, when becoming Authorised Intermediaries, agree to the automatic exchange of information, thus taking advantage of the opportunity to simplify cross-border investments for its clients.

In this complimentary webinar discussion you’ll be able to learn about the real advantages of TRACE, for Finland introducing some adaptations, for potential further countries adopting this regime, and last but not least for clients and their custodians registering as AI. Are there challenges for the industry and how do experts assess the success of this initiative regarding the potential for second and third movers?

Date: Thursday, 27 May 2021. 11 am CET / 12 pm Vienna time.


SDS E-PAPER: AI in Software Testing.

AI has become an integral part of software testing: Digital transformation requires an ever-growing number of features going live in ever shorter cycles. This calls for an ever-higher level of test automation with a special focus on faster availability and changeability. Read more about the most fascinating issues relating to the topic in the experts’ discussion, which was held together with the testing experts of the entertainment industry.


SDS WHITEPAPER: The use of artificial intelligence in software testing.

The future of software testing is clearly moving towards automation. In this context, faster availability, changeability, and maintainability are the focus of an increasing number of agile projects. Particularly the advancing digitisation with its hunger for new features in shorter and shorter cycles presents testing with ever-growing challenges. A discussion panel with testing experts from the telecommunication and software industry from Germany and Austria. Find out more about AI in Software Testing in our SDS Whitepaper.


To what extent will AI be able to help us improve or even replace manual software testing in the future?

The future of software testing lies in a strong increase in the degree of automation, with a special focus on fast availability, changeability, and maintainability in agile projects. The path to fast and fail-safe test automation leads via the use of artificial intelligence to achieve the best possible quality on time and at low cost. Learn more about the most exciting questions on the topic in our next SDS WEBINAR, created together with leading telco industry experts (available in German only). Watch here.