Confero Group

What Confero Group does

Confero Group AG is a Frankfurt am Main-headquartered management and technology consultancy specializing exclusively in the DACH financial services sector. Founded in 1999, the firm serves commercial banks, savings banks (Sparkassen), cooperative banks (Genossenschaftsbanken), asset managers, and insurance companies, with approximately 50 consultants delivering project-based engagements. Its core technology expertise centers on core banking platforms—SAP Banking modules (BCA, CML, CMS, LOANS, FCIM) with custom ABAP development, the Atruvia agree21 system and Omnichannel Platform (OKP), and the ECON Application Suite for no-code process digitization. Productized service offerings are organized into three pillars: Transformation (digital, business model, organizational, and regulatory), Project and Test Management, and C³ – Competence Center Compliance (AML/KYC, MaRisk, data protection, IT security), complemented in March 2026 by the Confero Group Academy for internal training and certification. The firm also formalized a consulting partnership with ECON Application GmbH in April 2024.

The company operates as a private, founder/partner-led entity with no disclosed external funding or parent holding company. In early 2023 it consolidated three predecessor firms—confero, KWF Business Consultants, and So.is.it—under the unified Confero Group AG brand. Revenue mechanics are professional-services based: daily-rate or fixed-fee project engagements negotiated per scope, with multi-year contracts common for transformation and platform-implementation work. Distribution is entirely direct: enterprise consulting engagement via personal relationships, referrals, and industry event presence across the DACH region, supported by content marketing through a "Sound of Finance" blog, LinkedIn, XING, and annual participation in the ECON Customer Conference. The firm has emphasized sustainability credentials, achieving EcoVadis Bronze Medals in 2024 and 2025, occupying LEED Gold-certified Frankfurt offices, and signing the UN Global Compact.

Name

Confero Group

Legal name

Confero Group AG

Website

https://confero-group.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

11–50 employees

Short description

Confero Group AG is a Frankfurt-based management and technology consultancy, founded 1999, that serves DACH financial services clients—banks, asset managers, and insurers—with ~50 consultants specializing in core banking platforms (SAP, Atruvia agree21), digital transformation, project and test management, and regulatory compliance.

Ownership category

akta.pro rank

Headquarters

HQ city

Frankfurt

HQ country

Germany

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Management Consulting Services: Professional consulting services provided to financial services companies including strategy, organizational, and technology transformation consulting. Revenue is generated through project-based engagements, typically charged at daily rates or fixed project fees. Services span transformation advisory, project and test management, compliance consulting, and IT implementation.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Confero Group AG is a Frankfurt-based management and technology consultancy that advises banks, asset managers, and insurance companies across the DACH region. With roughly 50 consultants, the firm delivers transformation advisory, project and test management, and regulatory compliance services (including AML, data protection, MaRisk, and IT security) built around deep expertise in core banking platforms such as SAP Banking and Atruvia's agree21/OKP.

Product overview

Confero Group AG is a management consulting firm specializing in financial services transformation. The company offers a portfolio of consulting services organized around three core pillars: Transformation (covering digital, business model, organizational, and regulatory transformation), Project and Test Management (including professional project leadership, PMO, and quality assurance), and C³ – Competence Center Compliance (providing advisory on anti-money laundering, data protection, IT security, and MaRisk compliance). The company also operates the Confero Group Academy as an internal training platform for employee development. All services are focused exclusively on the financial services sector (banks, asset managers, insurers) and are delivered by approximately 50 consultants based in Frankfurt am Main.

Differentiator

Problem solved

Functional benefit

Brands

• C³ (Competence Center Compliance): Compliance Competence Center focusing on anti-money laundering, data protection, and regulatory compliance services.

Products and services

• Transformation Services Consulting services covering digital, business model, organizational/cultural, efficiency, and regulatory transformation for banks, asset managers, and insurance companies. The offering combines classical management consulting with implementation support, anchored in hands-on delivery rather than purely conceptual advisory.
• Project and Test Management Services Professional project and test management consulting including project structure, oversight, risk-based testing, and quality assurance for complex financial services transformation and migration projects. The offering targets banks and insurers running large IT and business change programs.
• C³ – Competence Center Compliance A dedicated compliance competence center providing advisory services on anti-money laundering, data protection, IT security, and MaRisk requirements for financial services companies. C³ centralizes regulatory expertise and standardized approaches to help banks and insurers meet evolving compliance obligations.
• Confero Group Academy A training and professional development platform that consolidates educational offerings, basic trainings, and certifications in project management and agile methodologies, serving as an internal upskilling program for Confero Group consultants.

Quantifiable outcome

• Successfully consolidated multiple Haspa locations including Germany's largest neighborhood branch with ~1,700 employees in new modern working environment
• +1 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• ECON Application GmbHcoreImplementation/ SI/ Consulting Partner · 1 April 2024ECON Application GmbH and Confero Group AG agreed to intensify their collaboration in April 2024. ECON Application Suite is Germany's leading no-code software for digital processes at banks and insurers. Confero Group serves as a Consulting Partner with specifically trained consultants to develop and implement digital sales and service processes. Focus areas include projects at banks using the agree21 core banking system from Atruvia where there is high demand for improving digital customer experiences while reducing process costs.
• KWF Business ConsultantscoreStrategic or Co-development PartnerKWF Business Consultants was one of three companies merged into Confero Group AG since early 2023, creating the unified Confero Group AG entity. The consolidation brought together complementary consulting competencies under one roof.
• So.is.itcoreStrategic or Co-development PartnerSo.is.it was merged into Confero Group AG since early 2023 as part of the consolidation that created the unified entity. The merger combined expertise from multiple consulting firms to strengthen the group's capabilities.
• Baumpaten DeutschlandminorOthersEnvironmental partnership for Confero Group's company forest initiative. Trees are planted in Germany as part of the company's sustainability and carbon offset program. Currently showing 32 trees planted and 112,000 tons of CO2 saved.
• Kinder werden Freunde e.V.minorOthersNon-profit organization that Confero Group actively supports as part of its social commitment. The association brings together children with limited opportunities (due to physical, family, or financial restrictions) with other children to foster friendships and integration.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• zeb consulting: One of Europe's largest dedicated financial services consultancies with deep DACH roots and similar coverage of banks, asset managers and insurers. Highly comparable on vertical specialization, target client base and boutique-but-deep delivery model.
• Senacor Technologies: German IT and business consultancy with strong financial services practice around core banking modernization and digital transformation. Closely matched on size, geography and offering overlap with Confero's transformation and test management pillars.
• Cofinpro: Specialist German consultancy focused on asset managers, banks and insurance with transformation, regulatory and technology services. Same DACH-anchored, FS-only positioning and similar mid-sized boutique character.
• msg AG: German IT services group with a substantial financial services line covering core banking, insurance and regulatory technology. Larger than Confero but directly overlapping on SAP Banking and FS digital transformation mandates.
• PPI AG: Hamburg-based IT consultancy specialized in banks and insurance, including core banking migrations, payments and regulatory reporting. Overlaps with Confero on test management and core banking transformation services.

Broad incumbents

• KPMG Germany Financial Services: Big-four FS advisory practice with deep German banking and insurance coverage, competing for the same transformation, risk and compliance mandates at a much larger scale. Indirect competitor where deal size or risk profile favors a tier-one brand.
• Sopra Steria: European IT and business consultancy with a strong German banking practice covering core banking, digital channels and regulatory reporting. Competes for larger transformation programs where pan-European delivery matters.
• Capgemini Invent: Global management and technology consulting arm of Capgemini with a sizeable financial services practice in Germany. Competes on end-to-end FS transformation programs where clients value global delivery and breadth.
• adesso SE: German IT services provider with a financial services line covering core banking, insurance software and consulting. Broader than Confero but competes on banking IT and transformation work.

Emerging players

• Comma Soft: Bonn-based boutique focused on data, AI and digital transformation with notable financial services clients. Smaller and more tech-centric than Confero but addresses overlapping transformation and analytics mandates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xxing.com/pages/confero-group-ag
• LinkedInlinkedin.com/company/confero-group-ag

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Confero Group