What Fides does

Fides Treasury Services AG is a Swiss financial technology company headquartered in Zurich that provides enterprise multibanking connectivity and treasury management solutions. Founded in 1910 as Fides Treuhand, the company has over a century of history in financial services and 40+ years of multibanking specialization. Its modular platform enables large multinational corporations to connect to 13,000+ banks across approximately 200 countries through SWIFT, EBICS, Host-to-Host, and API channels, and processes CHF 6+ trillion in annual payment volume. Since September 2024, Fides has operated as a wholly-owned subsidiary of UBS Switzerland AG, with François Schnyder as CEO and Philip Anklin as Chief Growth Officer.

The company's core product suite is organized around six modules: ONEHub (centralized multibanking interface), ONEReport (account statement aggregation and normalization), ONEPay (payment execution with bulk, multicurrency, and cross-border capabilities), ONEConnect (multi-channel connectivity orchestration), ONEPool (centralized cash pooling), and ONETransform (format conversion and enrichment). It also offers a Hybrid Service Bureau model for SWIFT connectivity, allowing clients to use either Fides' Financial BIC for immediate network access or their own Corporate BIC fully hosted by Fides. The platform integrates with 250+ ERP and TMS systems, supports ISO 20022 messaging standards, includes sanctions screening, and operates under SWIFT Service Bureau certification with audited security and control frameworks.

Fides monetizes through subscription and service fees, one-time onboarding fees, and optional project-based fees for advanced analytics or custom development, with quote-based enterprise pricing tied to bank count, account volume, channels, and transaction throughput. It runs a direct enterprise sales motion targeting large multinationals with complex treasury operations, complemented by a tiered partner network of integrated TMS/ERP partners, referral and reseller partners, and treasury consulting firms. Named enterprise customers include AES Corporation, Holcim, Payoneer, Millicom, American Tower, Clariant, Trafigura, and Tinsa Group, alongside a broad logo base visible on the company's website spanning industrials, consumer goods, telecom, and financial services.

Name

Fides

Legal name

Fides Treasury Services AG

Website

https://fides.ch

Company type

Private

Founded year

1910

Operating status

Operating

Headcount range

51–100 employees

Short description

Fides Treasury Services AG is a Zurich-based fintech providing enterprise multibanking connectivity and treasury management software. Its platform connects multinational corporations to 13,000+ banks across 200 countries, processing CHF 6+ trillion annually. Wholly-owned by UBS since 2024.

Ownership category

akta.pro rank

Product category

Treasury Management Software

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Computer Systems Design and Related Services (54151)

SIC

Finance Services (6199)

akta.pro primary industry

Bank Connectivity & Channels (Host-to-host, SWIFT, APIs, EB portals) (FSABAIAF)

akta.pro secondary industries

Cross-Border Payment Routing, Orchestration & Connectivity (FSAMAIAK), Payment Gateways & Orchestration (BPAMAFAA)

Keywords

• Multibanking connectivity
• Treasury management platform
• SWIFT service bureau
• Corporate payment execution
• Bank API integration

Headquarters

HQ city

Zürich

HQ country

Switzerland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Subscription and Service Fees: Ongoing subscription fees for platform access, connectivity services, and support. Pricing depends on project scope and complexity including number of banks, accounts, and connectivity channels required.
2. Onboarding Fees: One-time setup and implementation fees for new bank connections, account activation, and system integration.
3. Project Fees: Optional additional fees for advanced analytics, automation features, and custom development requirements.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Fides operates a modular multibanking connectivity platform (headlined by ONEHub) that connects large enterprises to 13,000+ banks across approximately 200 countries via SWIFT, EBICS, Host-to-Host, and API channels. Its offerings include ONEReport for account statement aggregation, ONEPay for payment execution, ONEPool for cash pooling, ONEConnect for bank connectivity, and ONETransform for format conversion, complemented by a Hybrid Service Bureau model that lets corporates use Fides' Financial BIC or their own Corporate BIC for SWIFT access. The platform processes over CHF 6 trillion in annual payment volume and is fully ISO 20022 compliant.

Product overview

Fides is a modular multibanking connectivity platform that provides enterprise treasury and finance teams with a comprehensive suite of integrated products. The core platform is ONEHub, which serves as the central interface for all banking operations. Surrounding ONEHub are six specialized modules: ONEReport for account statement aggregation, ONEPay for payment execution, ONEPool for cash pooling, ONEConnect for bank connectivity, and ONETransform for format conversion. The platform supports multiple connectivity channels (SWIFT, EBICS, Host-to-Host, API) and connects to over 13,000 banks in approximately 200 countries. Fides operates through a Hybrid Service Bureau model, offering both managed SWIFT connectivity and self-hosted BIC options. The platform handles over CHF 6 trillion in annual payment volume and is ISO 20022 compliant.

Differentiator

Problem solved

Functional benefit

Products and services

• ONEHub Centralized multibanking platform providing unified web-based access to all bank accounts, transactions, and banking partners. Enables global transaction visibility, payment approvals, and treasury operations management for large enterprise treasuries.
• ONEReport Account reporting solution that consolidates and normalizes data from multiple bank accounts, providing complete transparency and a unified overview of account statements across all banking partners. Used by corporate treasuries for consolidated cash visibility.
• ONEPay Payment management solution supporting bulk and high-volume payments, multicurrency and cross-border transactions, with robust error handling, compliance support, and near real-time updates directly from banking partners. Built for corporate payment execution at scale.
• ONEPool Cash pooling solution for managing global liquidity across multiple banks through centralized cash pool structures, enabling efficient liquidity management and interest optimization for corporate treasuries.
• ONEConnect Connectivity platform enabling seamless connection to banks, payment providers, and internal systems worldwide through multiple channels including SWIFT, EBICS, Host-to-Host, and APIs. Provides direct access to 13,000+ banks across approximately 200 countries.
• ONETransform Data transformation service that converts and enriches account statements, payments, and financial messages into any required format, supporting format validation, conversion, and data enrichment across heterogeneous banking environments.
• Hybrid Service Bureau Managed SWIFT connectivity offering providing access to the SWIFT network through Fides Financial BIC, eliminating the need for a corporate BIC implementation, or allowing the customer's own Corporate BIC to be fully hosted and managed by Fides under SWIFT CSCF controls.

Quantifiable outcome

• Managed CHF 6+ trillion in annual payment volume
• +4 more outcomes

Named customers8 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature9 records

Partnerships

Three partnerships are on record, tiered core.

• NomentiacoreTechnology or Integration · 23 June 2026Strategic technology partnership announced June 23, 2026. Nomentia, Europe's leading TMS provider, offers Fides ONEReport account statement collection service as part of its broader bank connectivity offerings. The partnership supports organizations seeking to centralize account statement data across banks with a structured, compliant approach.
• Ripple TreasurycoreStrategic or Co-development PartnerFides is listed as one of five key strategic partners in Ripple Treasury's ecosystem following its 2025 acquisition of GTreasury. The partnership extends platform capabilities across banking connectivity, cash visibility, and liquidity management.
• SWIFTcoreTechnology or IntegrationCertified SWIFT Service Bureau providing network access and BIC hosting services. Fides operates under audited security and control frameworks including Swift Interface Protection (SIP) requirements.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• SWIFT: Global messaging network of which Fides is a certified Service Bureau; SWIFT sets the connectivity rails (including ISO 20022) on which Fides depends, and increasingly offers value-added services that compete with Fides' own bank connectivity layers.
• Cegid Treasury (Cegid / Loop): European mid-market TMS and cash management platform with multibank connectivity, often competing with Fides at the smaller end of the enterprise segment while offering a broader finance suite.
• ION Group (TreasuryXpress / Wallstreet Suite): Large financial technology incumbent with treasury and bank connectivity offerings (TreasuryXpress, Wallstreet Suite) serving multinational corporates — competes with Fides across treasury and payments layers within a much broader capital markets software portfolio.

Direct peers

• GTreasury (Ripple Treasury): TMS and bank connectivity provider acquired by Ripple in 2025; Fides is a named strategic partner in Ripple Treasury's ecosystem, but GTreasury offers overlapping payment connectivity and cash management functionality to multinational corporates.
• Bottomline Technologies: Direct competitor in bank connectivity and treasury payments, offering Paymode-X, PTX, and bank messaging/payment automation solutions to corporates — closely overlapping Fides' core ONEConnect/ONEPay offerings for enterprise treasury teams.
• Treasury Intelligence Solutions (TIS): Cloud platform for corporate payments, cash visibility, and bank connectivity — directly competing with Fides' ONEHub/ONEPay modules for enterprise treasury and finance buyers in Europe and globally.
• Nomentia: European TMS provider that embeds Fides ONEReport into its bank connectivity suite (June 2026 partnership); competes with Fides in parts of the TMS stack while also acting as a distribution partner.
• Kyriba: Cloud TMS platform with native bank connectivity and payment workflows serving multinational treasuries; both a partner (Fides integrates with Kyriba at Payoneer) and a competitor as Kyriba expands direct connectivity offerings.

Emerging players

• HighRadius: AI-powered Order-to-Cash, treasury, and finance platform listed as a Fides integrated partner; competes in adjacent treasury automation with overlapping bank connectivity and payment workflows, particularly in mid-market and large enterprise.
• Hazeltree: Treasury and liquidity management platform for corporates and investment firms; a Fides integrated partner that also offers its own connectivity and cash visibility capabilities overlapping with Fides' ONEHub/ONEPool.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCfPZW0mkkpP6ktQ8cKHcFJA
• LinkedInlinkedin.com/company/fides-treasury-services-ag
• Xx.com/fidestreasury
• Facebookfacebook.com/fidestreasuryservices

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Fides