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SDS (company)

Field	Value
name	Software Daten Service
native_name
native_name_lang	de
type	Limited liability company
(Gesellschaft mit beschränkter Haftung)
industry	Software
foundation	1974
location_city	image:Icons-flag-at.png Vienna, Austria
locations
products	Banking software
homepage	www.sds.at/en

(Gesellschaft mit beschränkter Haftung) GEOS (Global Entity Online System) is an integrated online system for the management and processing of securities, with a strong focus on Straight Through Processing (STP). The main components of GEOS (management of financial instruments, position keeping and order management) cover the entire value-added chain of securities transactions – ranging from securities orders to clearing and settlement to Corporate actions processing (e.g. for dividend payments).

GEOS has been developed by Software Daten Service (SDS) – a 100% subsidiary of T-Systems International. Headquarters of SDS are in Vienna in the T-Center.

Customers include HSBC Trinkaus, Raiffeisen Österreich, Bank Austria (a member of UniCredit), UniCredit Țiriac Bank in Romania and Banque et Caisse d'Épargne de l'État in Luxembourg. GEOS covers around 80% of the Austrian securities processing market.

GEOS originated from the software EOS, which was developed by the Austrian Schöllerbank in the 1980s and offered to other Austrian banks by Software Daten Service. The development of GEOS started in 1993 and the system was put in operation by a bank for the first time in 1998.

Info: Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

financial-markets

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