Financial institutions

The financial services sector in Central and Eastern Europe faces change as the only constant in this continually evolving market. For this reason it is vital that banks and insurance companies can rely on flexible and efficient IT systems and infrastructures. Amid the realities of fast growth, limited budgets, and regulatory requirements like Basel II, operating in the financial markets in emerging Europe is not without challenges.
This situation, coupled above all with a level of security concerns never experienced before put an enormous pressure on the financial institutions and their IT environments. Insurance companies are battling with dwindling customer loyalty, loss events of magnitudes that are difficult to calculate and high cost pressure.

S&T provides all kinds of financial institutions with:
  • Comprehensive consultation from strategy and processes to system implementation
  • Project management
  • Software development
  • Systems integration and operational support
  • An extensive portfolio of outstanding products and solutions
  • Customer management
  • Process & IT management
  • Business networking & sourcing
  • Community management
  • Operational services
  • Programme management
  • Project portfolio management
  • Market analysis
  • Quality audits
  • Integral change management
  • Training & coaching


The S&T business model enables the company to live up to its claim to be a “one stop IT partner”. On the basis of proven consultation methods and solid infrastructure services ranging from technical infrastructure such as servers, storage systems, networks and state-of-the-art security solutions to managed services such as outsourcing and network management, S&T supplies its customers with specialist expertise and know-how.

Strategic issues in the financial services sector

S&T has identified the following issues as the most challenging and immediate in the area of the financial services IT business:
  • Basel II will bring significant changes to the financial services sector. Financial institutions affected by this Accord will need to make the required systems and process changes with appropriate speed. What S&T can do for you: Consulting, solutions and tools for credit risk management, operational risk management, reporting, accounting services, financial systems design and implementation, and the corresponding training.


  • Anti money laundering: Financial institutions must take an active stance against money laundering in order to comply with government legislation and international agreements. What S&T can do for you: Solutions and tools for forensic services, fraud investigations, audits, compliance review, review of control systems and the corresponding training.


  • Financial intelligence: The financial sector in CEE has experienced enormous growth and is still growing fast. Now it is time to make the decisions that will ensure long-term profitability. For that, information is needed: whose operations are efficient and whose are not, which branch locations are redundant, and where are the profits? What S&T can do for you: Solutions and tools for reporting, enterprise planning, score carding and business intelligence.


  • Sales force automation: The rapid development of the customer market for financial products challenges the IT infrastructure, technology and equipment used by sales reps and sales managers in the financial sector. This applies especially to software tools and corporate solutions.


What S&T can do for you: Solutions and tools for fast, easy access online, offline, or via mobile devices; solutions for integration with back office and legacy systems and for opportunity management and forecasting.

Selected financial services references

Albania Procredit Bank
National Commercial Bank
First Investment Bank
Austria BA-CA Leasing
Bank Austria Group
BAWAG P.S.K Group
Erste Bank Group
GE Monwy Bank GmbH
Generali IT-Solutions GmbH
Oesterreichische
Nationalbank (OeNB)
Porsche Bank AG
sBausparkasse
Vienna Insurance Group
Uniqua
Bosnia and Herzegovina BBI banka
Centralna Banka BiH
HVB Central Profit banka
HVB Leasing
Investiciono-komercijalna banka Zenica
LRC inžinjering
NBB – Nova Banjalučka banka
Raiffeisen banka
Turkish Yiraat Bank Bosnia dd Sarajevo
UPI banka
Volksbank
Bulgaria Unicredit Bulbank
DSK Bank
Raiffeisen Bulgaria
First Investment Bank
Central Depositary Bulgaria
Croatia Centar banka
Partner banka
Karlovačka banka
Hrvatska poštanska banka
Hypo Alpe Adria Bank
Hrvatska Narodna Banka
PBZ Cards
Privredna banka Zagreb
Zagrebacka banka
Croatia osiguranje
Allianz Hrvatska
Erste Croatia
MBU
Czech Republic AEGON Insurance
CAC Leasing
Ceska Sporitelna
Ceska Pojistovna
CITIBANK
CSOB Asset Management
Czech Republic National Bank
Generali Insurance
Komercni banka
PriceWaterhouseCoopers
Raiffeisen stavebni sporitelna
ŠkoFin
Wüstenrot hypotecni banka
Wüstenrot stavebni sporitelna
Germany AOK/AOK Systems
KGAL
Hungary Magyar Nemzeti Bank
Macedonia National Bank of Macedonia
Komercijalna banka AD
ProCredit Bank Macedonia
IK Banka
Makedonska Banka AD
Stopanska Banka AD
Tutunska Banka AD
QBE Macedonia
Moldova Banca Socila
Energbank
Mobiasbanca
Moldinconbank
MoldMediaCard
Moldova-Agroindbank SA
National Bank of Moldova
Savings Bank of Moldova
Victoriabank
Montenegro NLB Montenegrobank
Poland AIG Credit SA
AIG Bank SA
BGŻ SA
BRE Bank SA
Fortis Bank S.A.
GE Money Bank SA
ING Bank Slaski S.A.
Mazowiecki Bank Regionalny
PEKAO S.A.
PKO Bank Polski S.A.
PZU SA
Romania Bancpost SA
BRD – Groupe Societe Generale
National Bank of Romania
Unicredit Tiriac Bank
Romanian Commercial Bank – BCR
Raiffeisen Bank
TransFonD
Romanian Savings Bank - CEC
Russia Alfa-Bank
Baltiyskiy Bank
Bank of Russia
MICEX (Moscow Interbank)
Raiffeisen Bank
Renaissance Capital Bank
Rosbank
RosGosStrakh (Russian National Insurance Company)
Serbia Alpha Bank
EFG Eurobank
Erste Bank
Findomestic bank
Hypo Alpe Adria GroupKomercijalna banka
National Bank of Greece
National Bank of Serbia
Postal Saving Bank (Poštanska Štedionica)
Raiffeisen Bank
UniCredit Bank
Volksbank
Wiener Stadtische
Slovakia Allianz - Slovenská poisťovňa
Banka Slovakia
CSOB Leasing a.s.
Erste Bank (Slovenska Sporitelna)
HVB Bank Slovakia
Komercni Banka Bratislava
NBS (National Bank of Slovakia)
OTP Banka Slovakia
Poštová banka
R+V poisťovňa (Postal Banb)
SporDat (SPARDAT)
Tatrabanka
VUB Wüstenrot
Slovenia Banka Celje
Banka Koper
Banka Sparkasse
Nova Ljubljanska banka d.d.
VZAJEMNA D.V.Z.
Nova KBM d.d.
Bankart
Deželna banka Slovenije d. d.
Switzerland St. Galler Kantonalbank
Turkey Finansbank
JP Morgan Chase Bank NA
Vakifbank
West LB
Ukraine CitiBank Ukraine
Insurance Company Etalon
Insurance Company Providna
Nadra Bank
National Bank of Ukraine
JSCB "Ukrsotsbank"
JSB "VaBank"
JSC VTB Bank
JSB "AlfaBank"
Raiffeisen Bank AVAL
State Export-Import Bank of Ukraine