Key Clients: Credit Suisse, UBS, Commerzbank, Deutsche Bundesbank
• Founded by Peter Fitzon in 1983; currently jointly owned by Peter Fitzon (65%) and Klaus J. Friese (35%)
• Peter Fitzon is responsible for sales, business develop- ment, projects/implementation and administration; Klaus J. Friese is in charge of software development
• Online Banking System (OBS), commercially available from 1984, is the flagship offering of Die Software; focusing on private banking, investment banking, and wealth management
Product Overview
• Graphical user interface with Windows look-and-feel; supports Oracle database; server programs written in structured Cobol, client modules are in Delphi
• Key functionalities supported: Client master data, current account, nostro and Vostro processing, credit card management, FX, MM, forward, options, standby letters of credit and guarantees, collateral loans and GL
Key Highlights
• Majority of the customers are in Germany, Switzer- land, and Luxembourg
• Complexities of local markets, particularly German tax rules, helped Die Software capture the market and win replacement deals