targit is an independent, consulting and software company for the financial sector fuelling growth for its customers. Headquartered in Munich, the company is a supplier of intelligent software concepts and software solutions for the financial services industry.
Since its inception in 1998, the company has steadily expanded its customer base and range of services and products. Currently the company employs over 200 highly motivated and skilled experts, engineers and consultants.
Today, targit is part of ‘Be, Think, Solve, Execute’ S.p.A., an Italian company with 11 offices in 8 countries across Europe, offering targit’s customers access to all resources in the Group, which employs more than 1,000 expert staff.
Throughout Europe and beyond, targit offers bespoke development and enhancement of standard, off-the-shelf software and interfaces, as well as consulting services, software implementation and integration into existing system environments.
The company has extensive industry and technology know-how, based on 20 years of experience gained in a large number of projects with leading enterprises in the financial sector.
Using a holistic approach for software development and implementation services, the offer includes comprehensive services for targit’s own products enabling customers to meet future requirements and demands, targit’s sole purpose is to create essential, competitive advantages for its customers through competence, reliability and innovative skills.
targit focuses on consulting and technology services for the financial sector. Our service ranges from business and IT consulting to technical implementation, roll-out and support.
We are a solid software developer for regulatory reporting, market data distribution, and multi-vendor contribution solutions.
Precision, Reliability, Independence.
Those are the cornerstones on which targit offers maximum added value and a high level of specialisation.
Our consultants and project managers are catalysts for our customers’ business success. Our crew offers ‘3-fold expertise’, namely Industry- , Product- and ICT Know How, to get projects up and running quickly, complete them timely, correctly and in full.
Your objectives, your achievements and your success drive our business. We are as passionate about your accomplishments as you are, because yours boost ours. Focusing everything we do on you and your business, is what makes us unique:
• Access to best practice methods and processes
• One stop shop consultancy and ICT solutions
• Close and direct ties to industry leading solution providers
• Tried and tested project management methodologies
• Focus on process efficiency gains
• Best-fit solutions tailored to your organisation’s needs
• Short time-to-market
targit was founded in 1998 and headquartered in Munich, Germany. 10 years later, in 2008, the company opened its first subsidiary in Vienna followed by a second subsidiary in Zurich in 2011.
In 2014, targit formed a strategic partnership with ‘Be Think, Solve, Execute S.p.A.’ Group, Italy and subsequently Be acquired a 66% stake in targit.
In 2015 the company acquired ‘OSS Unternehmungsberatung GmbH’ and merged it with ‘targitfs AG’ to become ‘BE TSE Switzerland’.
Early 2016 targit GmbH acquired a 55% stake in payment specialist ‘R&L AG’, based in Landshut, Germany.
targit’s ‘3-fold expertise’ creates an unrivalled offering for our customers:
Our technical expertise:
Structured Products – Equities – FX, MM – Fixed Income – Derivatives – Asset Management – Risk Management – Market Data – STP – Process Management – Financial Engineering – Brokers, Exchanges – Clearing – Settlement – Payment
Our product expertise:
Trading Systems – Risk Management – Information Systems – Order Management and Transaction Systems – Product Evaluation – Product Integration, Interface Development and Testing – Strategic and Project Partnerships with Product Manufacturers and Solution Providers
Our ICT expertise:
targit Application Suite, Project Management – Architecture and Technology Consulting – ICT Process Consulting – Software Development – System Integration – Operational Back-up – Our own R&D centre
Building on its consultancy practice and bespoke ICT solutions, targit has created a portfolio of powerful software applications and frameworks, which have found their way into banks across Europe.
• MarkitWire Adapter for Avaloq
was developed for Buy-Side customers in order to connect MarkitWire with the Avaloq Banking System and to automate the confirmation process for Interest Rate Derivatives.
• Multi-Vendor Contribution
offers a highly efficient, robust, and flexible solution for simultaneous real-time contribution of all types of market data to numerous market data providers and internal destination systems.
• Data Distribution
has been developed as an easy means of integrating market and static data into your own applications.
• TecconTR – MiFIR, MiFID II and FinfraG Reporting
offers a flexible solution for regulatory reporting obligations, with connectors to a variety of trade repositories, automatic transformation, reporting and error tracking.