Press release BoxID: 401751 (FinTech Group AG)
  • FinTech Group AG
  • Rotfeder-Ring 7
  • 60327 Frankfurt am Main
  • Contact person
  • Rainer Fuchs
  • +49 (2154) 9209-9750

Sparda-Bank Hamburg and XCOM AG enter cooperation. XCOM implements „Money and units accounting” for a new product of the bank.

(PresseBox) (Hamburg / Willich, ) Sparda-Bank Hamburg has decided to cooperate with the Willich based software development group XCOM AG concerning the processing of its new and successfully launched product „Sparda Goldkonto”.

To realise the „Gold deposit“, XCOM is going to implement the system GSBuHa (money and units accounting), already in use at several financial service providers. GSBuHa guarantees the management of the deposits.

Jürgen Mehring, Head of In-house-Consulting of the Sparda-Bank Hamburg: „After completion of the selection process, we decided to cooperate with XCOM. XCOM left a professional and competent impression during the entire pre-evaluation process and presented an attractive offer. Furthermore, the XCOM group has the necessary flexibility and cooperates successfully with numerous renowned banks for many years.”

GSBuHa of XCOM, which offers a wide variety of functionalities, has already been integrated with limited expenditure into the existing IT-architecture of the bank.

Dr. Rainer Fuchs, Member of the Board of XCOM: “Of course we are very pleased to acquire a new customer in the very interesting banking market of Hamburg. With the Sparda-Bank we are proud to count among our customers the most innovative and the fastest growing retail institute in the market of Hamburg and / or Schleswig-Holstein.

Christof Roßbroich, Head of Sales of XCOM, adds: „Certainly it is our aim to perspectively expand the cooperation with Sparda Bank to further product segments. There are definitely approaches within the field of online banking. During the following months we are going to look into further possibilities.”

During the last years, XCOM systematically intensified its activities in Hamburg and - as is known - cooperates among others with the private bank Berenberg. Further banks already show specific interest in the extensive service portfolio of the company.

Dr. Fuchs: „If our market entry in Hamburg continues to develop so positively, we will consider establishing our own product management and / or account unit in Hamburg next year.
In addition to the main markets in Frankfurt, Düsseldorf and Munich, Hamburg certainly is one of the most exciting markets for XCOM.

FinTech Group AG

The XCOM group is a specialist in the area of system development and system integration at banks and financial service providers both domestic and abroad.

The company is one of the leading providers for e-business and e-banking solutions. The main focus of the company is the development and continuous support of future-proof and efficient solutions in sectors such as stock exchange, stock trading, electronic banking, data logistic and communication. Another focus is the positioning of the company as a full service provider of business process insourcing.
More than 200 banks and financial service providers, including all major banks, have been working with XCOM for many years and are confident of the group's benefits. In the last years XCOM realized strategic cooperations with companies such as HP, SAP, the Betriebscenter für Banken AG and other institutions.
The company was founded in 1988. Today XCOM has 200 employees in 7 locations. For further information please visit