Insights

Milan — July 26, 2022 — TAS S.p.A. (hereinafter “TAS”), a leading company in Italy in the supply of software and services for banking and financial applications, also present in Europe and America, has today finalized the acquisition of the entire share capital of ASTRO IT S.r.l. (hereinafter “ASTRO IT”), a company specialized in the application management and system integration of software solutions for banking, insurance and large corporates. The relevant experience and know-how held by ASTRO IT in the field of application management, regulatory compliance and process optimization represent a qualitative as well as quantitative enrichment of the production capacity of TAS. “Acquisitions are an important element of the strategic growth plan of TAS, as well as for the strengthening of the skills and for the staffing of teams for the launch of new digital transformation projects and solutions, - comments Fabio Bravi, Head of M&A, special projects and corporate developments of TAS, and digitalization is among the primary objectives of TAS’s target customers.” “Integrating ASTRO IT into the TAS family means consolidating the work done together in recent years. - comments Valentino Bravi, CEO - I take this opportunity to welcome the shareholders and all employees and collaborators of this reality, beginning a new development path together with us”. “After a few years of close collaboration, joining TAS Group makes us proud and gives us a great stimulus to jointly face the new challenges and growing opportunities that market offers” - declares Giuseppe Muzzioli, General Manager of ASTRO IT. The acquisition adds another piece to the consultancy and delivery capabilities of TAS Group in the field of payment services and capital markets. Download the press release

Milan, June 23^rd 2022 - Given the unstoppable increase in cybersecurity risks, no organization can avoid constantly investing in the security of its systems to protect itself and its customers. Hence, it is increasingly important for software developers to have products and services that analyse and test the robustness of applications against fraud attacks. This is even more true for companies like TAS, whose core business is linked to the development of mission critical solutions for customers in the Finance world, a sector where security is a top priority, considering the potential implications of vulnerability on the stability of the entire payments ecosystem. In fact, Tas is one of the few Fintech providers admitted to the Italian CERTFin community, which brings together banks and technology suppliers relevant to the Payment Systems, in order to increase the IT risk management capacity of financial operators and the cyber resilience of the Italian financial system as a whole. To further improve the security of its applications, TAS has recently signed an agreement for the entire Group with Synopsys, a global company headquartered in the United States, which has worked in recent years on the expansion of their suite of Application Security Testing tools with a great response from the market, proving the high quality of their solutions. “According to Gartner, by 2025, 70% of cyber-attacks will come from known vulnerabilities and misconfigurations that could have been fixed earlier. At TAS, due to the nature of our business, we are even more attentive than others to these issues and we like to “play ahead” whenever possible. For this reason, we have decided to adopt the complete suite of Synopsys solutions. Synopsys is the undisputed world leader in all areas concerning the secure development of the code, so we are convinced that we have made the right choice for us, but above all, to be able to offer a really important added value to all our customers” – comments Fabrizio Brintazzoli, Cybersecurity Officer of TAS. “Synopsys specializes in Application Security. Always alongside our Partners, we offer advanced BSIMM (Building Software In Maturity Model) tools and methodologies in the development of secure code. Synopsys invests every year in R&D and acquisitions in order to expand the product portfolio by guaranteeing complete SDLC solutions. We are honoured by the agreement signed with TAS which will offer its customers software developed with a safe methodological approach” - adds Emanuele Burali d'Arezzo, Regional Sales Manager at Synopsys Software Integrity Group. The adoption of Synopsys solutions by TAS Software Factory has already begun in Italy and it will be extended in the coming months to the other European TAS Group branches. Download the press release

Milan, September 14, 2021 – TAS Group, (Italian Stock Exchange: TAS), a global provider of innovative solutions in card management, digital payments, financial messaging and capital markets, has announced that it has been ranked among the Top 100 in the 2021 IDC FinTech Rankings for the 13th consecutive year. This annual vendor ranking represents the leading hardware, software and service providers to the financial services industry from around the world. Vendors are ranked based on 2020 calendar year revenues attributed to financial institutions.

“Being named in the IDC FinTech Rankings is a significant accomplishment, demonstrating a provider’s commitment to the success of its financial institution clients,” states Marc DeCastro, Research Director at IDC Financial Insights. “The IDC Fintech Rankings, now in its 18th year, is the global standard list of fintech providers to the industry, and we congratulate the 2021 winners.”

Executive Chairman of TAS Group, Dario Pardi, remarked, "We are proud to be firmly positioned, year after year, between the top financial technology providers in this prestigious ranking. 2020 was a year marked by extraordinary events and consequently particularly demanding and challenging. Nevertheless, we closed it with significant growth in revenue and margins, thanks to our continuous commitment to investing in human capital and offering renewal. This enables us to successfully bring competitive and technologically advanced solutions to the Financial Industry." 

The Financial Services ecosystem, an industry in which IDC Financial Insights forecasts worldwide spending on IT across the globe to reach $590 billion (USD) by 2025, is changing at an unprecedented pace. Well-funded new market entrants, as well as big tech companies, have raised the bar for all providers. TAS Group’s efforts are heavily focused towards accelerating challengers’ next-gen financial experiences implementations, while supporting incumbent customers in meeting disruption with modernization and staying agile and responsive through TAS’s outstanding technology and expertise.

At Eurosystem level, TAS keeps strengthening its key role in supporting Europe’s financial community meeting the deadlines of the T2/T2S Consolidation in 2022 and the wider upcoming challenges, such as the migration towards ISO20022 and the new centralized ECMS infrastructure planned to go live in 2023.

In the Issuing and Acquiring domain, TAS continues to lead the way towards the seamless convergence between cards and alternative payments through its cloud-native, Open API-based platform PayStorm, adopted by a growing FinTech customer base throughout Europe and the Americas.

Among TAS’s strengths is the flexibility to adapt to the needs of customers and partners, guaranteed by its solutions and delivery models that promptly evolve with new regulations, market trends and technologies.

Sophia Antipolis, 24 June 2021 - TAS Group unveils a new brand and a new service line: TAS Group Cloud Services. The operational heart of TAS Group's SaaS and cloud services is concentrated in the Sophia-Antipolis Datacentre supported by other Datacentres in Europe (Milan, Bologna, Paris). By virtue of the large SME clientele with which it has worked since 1997, TAS France, the French subsidiary of TAS Group has developed a unique expertise in offering flexible, tailor-made hosting and housing solutions adapted to the different stages of the digital transition of businesses. TAS Group Cloud Services combines all this know-how that companies have been benefiting from for many years. Thanks to the synergy with TAS Group as a whole, TAS France can now go beyond regional borders and operate on a global scale, providing innovative solutions that reinforce the independence of SMEs and the protection of their data. Its IT outsourcing value propositions are adapted to each company context (business activity, existing infrastructure, organization, projects, ...) thanks to the provision of added value services to meet the new technical, regulatory and data protection requirements imposed by the challenges of digital technology. Therefore, TAS France is certified ISO 9001, ISO 27001 (information security), HDS (health data protection) and PCI-DSS (credit card data protection), resulting in a superior level of certification in terms of quality of service and data protection. In addition, a SOC (Security Operation Centre) prevents, identifies and tracks cyber-attacks and anomalies detected on the network, which could cause a risk to the company's business continuity. Francesco de Simoni, General Manager of TAS France, commented: "Until now, TAS Group's cloud service offerings were not grouped under a single name. Given the growing demand for services in this area and the quality of TAS Group's offer, we decided to communicate our value proposition more clearly ". Download the press release