Fiducia & GAD IT AG

Fiducia & GAD IT AG is the IT service provider of the Genossenschaftliche FinanzGruppe Volksbanken Raif-feisenbanken, Germany's financial group of cooperative banks. The company based in Karlsruhe and Münster with further offices in Munich, Frankfurt and Berlin employs currently more than 5,600 staff, generating an annual turnover of around 1.3 billion Euros. Among Fiducia & GAD's customers are all of the approximately 1,000 Volksbanks and Raiffeisenbanks in Germany, further companies from the Genossenschaftliche FinanzGruppe, as well as numerous private banks and companies from other business segments, such as the German automobile club (ADAC). Fiducia & GAD provides IT services for 167,000 banking work stations, administers roughly million banking accounts and ensures comfortable cash supply by providing 36,000 ATMs and self-service terminals all across Germany. In its four high-security data processing centres Fiducia & GAD cur-rently operates two core banking applications "agree" and "bank21", both of which will be gradually replaced in the course of the next years by the comprehensive new application "agree21".