What DIGITEC does

DIGITEC, legally DIGITEC Financial Technologies and Services GmbH, is a Hamburg-headquartered software company founded in 1981 that builds multi-asset pricing and workflow automation technology for the FX market. Its core product is the D3 (Dynamic Data Distribution) Pricing Engine, a SaaS platform that calculates and distributes interbank-quality prices across FX Swaps, NDFs, Forwards, Money Markets, Precious Metals, Interest Rates, and Crypto assets, with capabilities for broken-date handling, central-bank-meeting modeling, and flexible curve interpolation via D3 Curves and D3 Sheets. Supporting modules include D3 OMS for order and risk management in interdealer FX Swaps, D3 Channels for automated multi-stream price distribution, D3 Lite for web-based access by smaller institutions, and the D3 Hosted solution combining D3 with 360T's TEX multi-dealer trading system.

DIGITEC monetizes through recurring subscription SaaS for D3 and D3 Hosted, subscription-based market data products (Swaps Data Feed and Precious Metals Data Feed jointly developed and distributed with 360T/Deutsche Börse, plus the Historical Data Feed), and professional services around electronic FX trading implementation. The Swaps Data Feed aggregates anonymized raw swap pricing from 20+ participating banks and liquidity providers (including Deutsche Bank Autobahn and Barclays BARX) into 1,800 crosses across G10, LM, and NDF currency pairs. Customers include more than 50 banks and financial-services providers, with more than half of the Euromoney Top 50 FX trading firms using DIGITEC technology, and additional integrations with Refinitiv, Bloomberg, and eFXO.

The company operates from Hamburg (HQ), London (CRO-led sales, opened June 2021), and Singapore (Head of Asia, opened July 2023), serving clients across EMEA, the Americas, Asia-Pacific, and Africa. Distribution is primarily direct enterprise field sales complemented by the 360T channel partnership. Ownership remains with the founding Joost family, who retained majority control following a December 2025 significant minority investment from EMH Partners intended to scale data products and cloud services.

Name

DIGITEC

Legal name

DIGITEC Financial Technologies and Services GmbH

Website

https://digitec.de

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

11–50 employees

Short description

DIGITEC is a Hamburg-based software company that builds multi-asset pricing engines (D3), market data feeds, and workflow automation tools for FX Swaps, NDFs, Money Markets, and Precious Metals, serving over 50 banks and financial institutions globally.

Ownership category

akta.pro rank

Headquarters

HQ city

Hamburg

HQ country

Germany

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations

Revenue model

1. SaaS/Pricing Engine Subscription: DIGITEC offers D3 as a fully scalable SaaS solution. Banks access the pricing engine on subscription/pay-as-you-go basis, simplifying setup, maintenance and costs. The hosted solution combines DIGITEC D3 with 360T's TEX multi-dealer trading system.
2. Market Data Subscriptions: Swaps Data Feed (SDF) and Precious Metals Data Feed (PMF) offered as subscription products via FIX-API, 360T platform integration, or view-only web GUI. Historical Data Feed (HDF) also available for back-testing and model development.
3. Professional Services: Electronic trading technology consulting and implementation services, as evidenced by Modular FX acquisition and ongoing client support.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

DIGITEC sells the D3 multi-asset pricing engine and related software to banks and financial market participants. Its D3 Pricing Engine prices FX Swaps, NDFs, Money Markets, Precious Metals, Interest Rates and Crypto assets. Around it, the company offers D3 OMS for interdealer order and workflow automation, the Swaps Data Feed (SDF), Precious Metals Data Feed (PMF) and Historical Data Feed (HDF) market data products jointly developed with 360T/Deutsche Börse, the D3 Lite web-based pricing platform, D3 Hosted SaaS, and D3 Channels for automated trader stream distribution.

Product overview

DIGITEC offers a modular platform architecture centered on the D3 (Dynamic Data Distribution) family of products. The core is the D3 Pricing Engine, a multi-asset SaaS solution covering FX Swaps, NDFs, Forwards, Money Markets, Precious Metals, Interest Rates, and Crypto assets. Supporting modules include D3 OMS for order management and workflow automation, D3 Channels for stream distribution, and D3 Lite/D3 Hosted for accessibility options. Market data products include the Swaps Data Feed (SDF) and Precious Metals Data Feed (PMF), both jointly developed with 360T, plus the Historical Data Feed (HDF) for back-testing and analysis. The D3 architecture enables modular implementation where clients can add functionality according to specific needs.

Differentiator

Problem solved

Functional benefit

Brands

• D3 Pricing Engine: DIGITEC's multi-asset pricing engine for FX Swaps, NDFs, Money Markets, Precious Metals, Interest Rates and Crypto markets.
• D3 OMS
• Swaps Data Feed (SDF)
• D3 Channels

Products and services

• D3 Pricing Engine Market-leading multi-asset SaaS pricing engine covering FX Swaps, NDFs, Forwards, Money Markets, Precious Metals, Interest Rates and Crypto assets, used by banks and financial market participants to build core prices and distribute them to downstream systems and e-commerce platforms.
• D3 OMS (Order Management System) Order Management System module combining Position Management, Risk Management, OMS and EMS functionality to automate interdealer FX Swaps workflows and efficiently route orders to trading venues for FX trading desks.
• D3 Channels Service enabling traders to automate generation and distribution of multiple trader FX streams from a single core price produced by the D3 Pricing Engine.
• Swaps Data Feed (SDF) Joint product with 360T providing independent streaming FX OTC swap market data aggregated from participating banks. Offers full granularity across the curve up to five years in 40+ currency pairs and 1,800 crosses in G10, LM and NDF pairs, delivered via FIX-API, 360T platform integration or view-only web GUI.
• Precious Metals Data Feed (PMF) Live streaming rate reasonability curve for XAU/USD and XAG/USD derived from banks' core pricing engines, consolidating multiple bank curves across tenors from ON to 2Y, jointly developed with 360T.
• D3 Lite Web-based FX pricing engine enabling banks and financial market participants of all sizes to access sophisticated pricing functionality for FX Swaps, NDFs and Precious Metals via a browser interface.
• D3 Hosted

Quantifiable outcome

• DIGITEC brought transparency to the $3.2 trillion per day FX Swaps market
• +2 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature10 records

Partnerships

Three partnerships are on record, tiered core.

• Modular FXcoreStrategic or Co-development Partner · 9 May 2023Acquired by DIGITEC in May 2023. Modular FX was a specialist provider of electronic trading technology and consulting. The acquisition strengthened DIGITEC's offerings in FX trading solutions, expanding market coverage and accelerating growth in automated FX swaps and related assets. Stephan von Massenbach, previously CEO of Modular Financial Technologies and Director of Modular FX, joined DIGITEC as CRO.
• 360T (Deutsche Börse Group)coreTechnology or Integration · 10 September 2018Strategic partnership with 360T to develop and distribute the Swaps Data Feed (SDF) and Precious Metals Data Feed (PMF). DIGITEC's D3 pricing engine provides the core technology while 360T provides global distribution infrastructure. The partnership combines DIGITEC's D3 with 360T's multi-bank trading platform (TEX), creating a complete solution for FX pricing and trading. The SDF is distributed via 360T's platform, FIX API, and Deutsche Börse Data Shop.
• Deutsche BörsecoreTechnology or Integration · 10 September 2018Deutsche Börse Market Data + Services acts as licensor for the Swaps Data Feed, providing distribution through its Data Shop alongside 360T. Deutsche Börse extends its market data offering to include FX swap market data through the partnership with DIGITEC and 360T.

Scale indicators10 records

Recent moves9 records

Expansion highlights7 records

Direct peers

• Adenza (formerly Calypso Technology): Offers a cross-asset trading and risk platform used by tier 1 banks for FX, rates and derivatives pricing and processing, directly overlapping with DIGITEC's workflow automation and pricing capabilities.
• Murex: Provides the MX.3 platform for cross-asset trading, pricing and risk management including FX, rates and commodities, directly competing with DIGITEC's D3 Pricing Engine at large banks and serving the same FX trading desks.
• ION Fidessa: Provides trading and workflow platforms used by sell-side firms across FX and other asset classes, competing with DIGITEC's D3 OMS and broader trading workflow automation.
• 360T (Deutsche Börse Group): Operates a leading FX trading platform and is DIGITEC's strategic distribution partner for the Swaps Data Feed and D3 Hosted solution; competes in FX marketplace and EMS while jointly commercializing DIGITEC's pricing.
• Fenics (BGC Group): BGC's electronic FX franchise (Fenics) provides FX pricing and trading infrastructure for banks and buy-side firms, directly comparable to DIGITEC's Swaps Data Feed and pricing engine.
• FlexTrade: Multi-asset execution management system used by banks and buy-side firms, comparable to DIGITEC's EMS/OMS functionality for FX Swaps trading workflows.

Broad incumbents

• Tradeweb: Major electronic trading platform that has expanded into FX swaps and forwards via institutional channels, offering a competing venue with similar institutional client base to DIGITEC's bank customers.
• LSEG (Refinitiv) — FXall: Operates FXall and Matching for FX trading, plus FX pricing and reference data, competing as a broad incumbent with bundled workflow and data offerings comparable to DIGITEC's.
• Bloomberg: Provides FXGO trading, pricing and market data as part of the Bloomberg Terminal, serving the same FX trading desks with bundled pricing, data and execution capabilities that overlap with DIGITEC's offering.

Emerging players

• Integral: FX technology provider offering pricing, white-label trading and workflow tools to banks, with overlapping FX pricing and execution capabilities aimed at a similar institutional client base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/digitec-gmbh

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about DIGITEC