Düsseldorf – Effective November 17, 2021, the Düsseldorf-based software and consulting company COMPIRICUS, founded in 2009 as an owner-managed incorporation will become part of the X1F Group.

With this strategic move, COMPIRICUS, one of the leading international software and consulting companies for asset, treasury and risk management, wants to once again significantly expand its market position. In cooperation with the X1F subsidiaries ADWEKO, IKOR, matrix technology and Informationsfabrik, the X1F subsidiary COMPIRICUS will soon be able offering a fully comprehensive full-service IT portfolio oriented to customer needs.

Jörg Pappert, member of the executive board of COMPIRICUS, “If You Always Do What You’ve Always Done, You’ll Always Get What You’ve Always Got.” ” We fully share this insight of Henry Ford. We do not want to stand still. We want to meet the high demands of constantly evolving markets. We want to offer our customers a portfolio that even is more innovative and all-round oriented towards service. We must maintain what we already have achieved. But furthermore, must create new solutions with future-oriented strategies, ideally in cooperation with strong and competent experts. So, what could be more natural than to become part of an association of successful and experienced specialists, part of the X1F Group? From now on, our customers will have access to the full range of solutions and services offered by the X1F Group, while management and employees will remain the same point of contact for our customers and partners.”

X1F GmbH is an IT company that supports the finance and insurance industries, particularly in digital transformation, with a full-service offering. Under its umbrella, X1F bundles specialized, innovative and complementary services for system and platform integration, data analysis, artificial intelligence, cloud architecture and IT infrastructure. X1F as a holding company, in which funds of the Swiss private investor group Ufenau Capital Partners hold the majority stake, generates annual revenues of more than 100 million EUR with its five corporate subsidiaries and more than 720 employees. X1F provides IT solutions at 26 locations in Europe, the USA, Canada and Australia.

COMPIRICUS Board Jörg Pappert (Photo: COMPIRICUS)