{{Infobox company
, name = Software Daten Service
, logo =
, caption =
, native_name =
, native_name_lang = de
, type =
Limited liability company
A limited liability company (LLC for short) is the US-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of ...
(''Gesellschaft mit beschränkter Haftung'')
, traded_as =
, ISIN =
, industry =
Software
Software is a set of computer programs and associated software documentation, documentation and data (computing), data. This is in contrast to Computer hardware, hardware, from which the system is built and which actually performs the work.
...
Vienna
en, Viennese
, iso_code = AT-9
, registration_plate = W
, postal_code_type = Postal code
, postal_code =
, timezone = CET
, utc_offset = +1
, timezone_DST ...
,
Austria
Austria, , bar, Östareich officially the Republic of Austria, is a country in the southern part of Central Europe, lying in the Eastern Alps. It is a federation of nine states, one of which is the capital, Vienna, the most populous ...
online
In computer technology and telecommunications, online indicates a state of connectivity and offline indicates a disconnected state. In modern terminology, this usually refers to an Internet connection, but (especially when expressed "on line" o ...
system for the management and processing of
securities
A security is a tradable financial asset. The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction. In some countries and languages people commonly use the term "security" to refer to any for ...
, with a strong focus on
Straight Through Processing
Straight-through processing (STP) is a method used by financial companies to speed up financial transactions by processing without manual intervention (straight-through).
It was developed for equities trading in the early 1990s in London for auto ...
(STP). The main components of GEOS (management of financial instruments, position keeping and order management) cover the entire value-added chain of securities transactions – ranging from securities orders to clearing and settlement to
Corporate action
A corporate action is an event initiated by a public company that brings or could bring an actual change to the securities—equity or debt—issued by the company. Corporate actions are typically agreed upon by a company's board of directors ...
s processing (e.g. for dividend payments).
GEOS has been developed by Software Daten Service (SDS) – a 100% subsidiary of
T-Systems
T-Systems International GmbH (T-Systems) is an internationally operating service provider for information technologies and digital transformation. The company is part of Deutsche Telekom AG and is headquartered in Frankfurt am Main.
As of 2012, T ...
International. Headquarters of SDS are in
Vienna
en, Viennese
, iso_code = AT-9
, registration_plate = W
, postal_code_type = Postal code
, postal_code =
, timezone = CET
, utc_offset = +1
, timezone_DST ...
HSBC Trinkaus
HSBC Trinkaus & Burkhardt AG, operating as HSBC Deutschland, is a German financial services company. It traces its history back to 1785 and is one of the longest-established members of the HSBC Group. HSBC in Germany has operations in private, co ...
, Raiffeisen Österreich,
Bank Austria
UniCredit Bank Austria AG, branded and widely referred to as Bank Austria, is an Austrian bank, 96.35% owned by Milan-based UniCredit. It was formed in 1991 by merger of Vienna's Länderbank and Zentralsparkasse, acquired Creditanstalt-Bankverei ...
(a member of
UniCredit
UniCredit S.p.A. is an international banking group headquartered in Milan. It is Italy's only systemically important bank (according to the list provided by the Financial Stability Board in 2022) and the world's 34th largest by assets. It was fo ...
),
UniCredit Țiriac Bank
UniCredit Bank is a leading European Bank, a member of UniCredit Group, with a network of 8,500 branches in 17 European countries and it is present in another 50 international markets
Being one of the top 5 banks on the Romanian market, UniCredit ...
in
Romania
Romania ( ; ro, România ) is a country located at the crossroads of Central, Eastern, and Southeastern Europe. It borders Bulgaria to the south, Ukraine to the north, Hungary to the west, Serbia to the southwest, Moldova to the east, and ...
Luxembourg
Luxembourg ( ; lb, Lëtzebuerg ; french: link=no, Luxembourg; german: link=no, Luxemburg), officially the Grand Duchy of Luxembourg, ; french: link=no, Grand-Duché de Luxembourg ; german: link=no, Großherzogtum Luxemburg is a small lan ...
. GEOS covers around 80% of the
Austria
Austria, , bar, Östareich officially the Republic of Austria, is a country in the southern part of Central Europe, lying in the Eastern Alps. It is a federation of nine states, one of which is the capital, Vienna, the most populous ...
n securities processing market.
GEOS originated from the software EOS, which was developed by the Austrian Schöllerbank in the 1980s and offered to other Austrian banks by Software Daten Service. The development of GEOS started in 1993 and the system was put in operation by a bank for the first time in 1998.
