ObjectWay Group was founded in 1990 and has grown to be a leader in software applications and technology services for financial markets and other corporates in Italy and Europe. The group consists of two companies: Objectway Financial Software SpA - the parent company - and Objectway iTec SpA.
Its teams include more than 400 software and financial business experts serving local and international customers.
Our mission is to support the competitiveness of the financial industry and business and to help them to gain market share through the provision of software solutions and outstanding, innovative services: "Winning Software Solutions".
ObjectWay has grown to € 40 million in revenue with EBITDA to sales of over 20%.
ObjectWay has two core lines of business: Financial Software and Technology Solutions.
The Financial Software division develops software platforms based on a shared, open application architecture and database. The software answers to the needs of the financial services industry: banks, asset management companies, brokerage houses, insurance companies and consumer credit in the following areas:
These multichannel and extremely flexible solutions make it possible to rapidly develop new products and services that are differentiated by sales channel or customer segment. They comply with the latest regulations, such as MiFID, and provide highly advanced information to facilitate risk monitoring and the adaptation of operations to supervisory requirements and recommendations. They can be used for streamlined and highly automated work-flows that reduce back-office costs.
They are scalable and can be developed on a departmental basis, without sacrificing reliability and performance, thus reducing investment and operating costs.
Their open architecture means that they can be easily integrated and have low operating and expansion costs.
The Technology Solutions division develops tailor-made software for core-banking processes and Enterprise Portal, Business Process Management (BPM) and Business Intelligence (BI), Collaborative Content Management and Web 2.0 cross-industry solutions.
The division provides project staffing services and technology platform & process consultancy for the most common architectures and technology platforms across a broad range of technologies, applications and processes.
It is also a leader in technology education thanks to ObjectWay University’s offering of standardized and tailored courses on the latest software technologies and software development methods.
ObjectWay has, over the years, forged important partnerships with leading international vendors of technologies and platforms.
The distinctive feature of ObjectWay’s approach to its partnerships is its deep product knowledge and its close working relationship with vendors which is a legacy of ObjectWay’s past as a software distributor.
The fact that these vendors use ObjectWay consultants and services for their own projects demonstrates the trust they have in our company.
Many of the consultants employed in our technology divisions have obtained vendor certification.
ObjectWay’s success is a result of a set of values that are the foundation of the Group’s operations.
We have been developing software based on the latest technologies since 1990.
2009: ObjectWay Finance Srl becomes an SpA
2008: ObjectWay CSF Srl is merged into ObjectWay Finance Srl.
2007: The Group acquires ObjectWay Debug Software Tailoring and strengthens its leadership in the financial institutions software market.
2006: The Jupiter fund sells its shares to Luigi Marciano, founder of the Company.
2005: The subsidiary, ObjectWay CSF, specialized in software for the financial services industry, acquires a business division from Computer Sharing Finance.
2005: A new subsidiary, ObjectWay Finance, is founded, which specializes in software for financial services industry, and includes a business division acquired from MET Sistemi Srl. The acquisition adds 40 banks to the customer base and 17 years of experience in the banking & finance industry.
2004: The Eurotech acquisition increases banking, finance and host-based applications know-how and adds operations in Verona and Brindisi.
2003: Completion of the ObjectWay Financial Suite, a platform supporting the wide range of processes required by financial institutions, banks and insurance companies for their advisory services and product distribution.
2002: The Jupiter Venture SA fund takes up a portfolio shareholding in the company to accelerate growth.
2001: Increase in the number of Board Directors and audit of financial statements. New offices open in Turin.
2000: Several projects commenced for major clients in the banking sector which, consequently, becomes the most important segment for the Group.
1998: Inauguration of ObjectWay University, a division dedicated to "technology transfer". The first major customer from financial services.
1997: The company changes its name to “ObjectWay” SpA to emphasize its business model based on technology transfer and object-oriented software. ObjectWay’s headquarters move to Milan. First major projects for telecommunications network management.
1996: Rational Software chooses ObjectWay as its partner for Italy. New offices open in Rome.
1994: The company focuses on object-oriented technology and obtains exclusive distribution rights for Italy of innovative software products. New offices open in Milan.
1990: Luigi Marciano, formerly a researcher at the Joint Research Center of the European Commission in Ispra (Varese), founds Praksis Engineering and Information Technology for software development in support of European Commission institutions.
Who implements the corporate strategy.