SDS Software Daten Service strengthens management team with Erste Bank top-manager.

As the market leader for solutions for financial market operations in the DACH region, the Austrian subsidiary of T-Systems International is strengthening its position with a top-class appointment. SDS (Software Data Service) is one of Europe’s leading providers of digital solutions in the area of financial market operations, regulatory reporting and compliance for the international financial services industry. In order to further expand the company’s continuous growth based on the corporate credo “Setting Digital Standards”, SDS will strengthen its position with Niv Graf as Head of Service Delivery Management International from November 2018. Niv Graf has more than 15 years of experience in managing projects within and outside the banking and IT environment. Most recently, he held various management positions in the Erste Group as head of department. In his new role, he will be responsible for product management as well as release and project management. “We are very pleased to have Niv Graf joining SDS. His focus will be on strengthening the innovation power, adaptation and expansion of the SDS portfolio as well as on the continuous expansion of our recognized high service quality,” adds Ernst Kendlbacher, SDS Managing Director.

Software Data Service GmbH is further expanding its market share in Germany

With the transfer of the securities processing of Commerzbank to HSBC Transaction Services, a significant percentage of the German transaction volume will be settled with the SDS security processing platform GEOS.

The cooperation with Commerzbank almost doubles the transaction volume of HSBC Transaction Services processed via GEOS. This makes SDS Software Data Service one of the largest providers of standard software for the financial industry in Europe.

GEOS covers the entire value chain of the securities business, from securities orders through settlement to the processing of corporate actions (such as paying a dividend) for a wide range of securities classes in one solution. The range of services is supplemented by software solutions for compliance with regulatory requirements such as MiFID II, CRS, FATCA, QI and MAD / MAR.