ParcIT

What ParcIT does

ParcIT GmbH is a German financial software and consulting firm founded in 2009 and headquartered in Cologne, operating as a wholly-owned subsidiary of Atruvia AG within the Genossenschaftliche FinanzGruppe (German Cooperative Financial Group). The company develops and maintains integrated solutions for bank steering (Banksteuerung), risk management, and regulatory compliance, sold to cooperative primary banks (Volksbanken, Raiffeisenbanken), private banks, social banks, and international institutions operating in Germany such as ICBC Frankfurt Branch. Named customers include Volksbank Stuttgart eG, Bankhaus E. Mayer AG, and SozialBank. ParcIT employs 251-500 staff, is led by managing directors Patrick Yousefian and Thomas Jagodzinsky, and is privately held as a GmbH with no external funding rounds disclosed.

The company's core technology is an integrated three-pillar portfolio — regulator-aligned Verfahren (procedures), software, and consulting — built around the VR-Control platform that runs on Atruvia's agree21 infrastructure. Software modules include ZIRIS (market/interest-rate/liquidity risk), SIMON (Gesamtbanksteuerung), OPTIRIS, KOS (capital-oriented steering), KRM and ZIABRIS KPM-EG (address risk), ORM (operational risk), CBS and DB III-PLANER (customer business), and PROKORISK (enterprise risk). A supplementary suite of 12+ okular-Tools (BETRIS, IRIS, DORIS, RFE-PM, KPM-VKV, OPTI-RWA, ADR-KAP, ILAAP-Ü, LSI-Tools, REFIRIS, PWB BFA7, PRO-VARI PLUS) is delivered via an okular-Tools Basis-Abo and the customer portal (Kundenportal), authenticated through OneLogin SSO. The internal Development and Analysis Platform (EAP) supports automated simulations, validation reports, and adequacy proofs across the cooperative banking group's data pool.

ParcIT generates revenue through three streams: software licensing and maintenance (subscription/recurring), Verfahrensleistungen (recurring procedure services including data processing, validation, and analysis reports), and Beratungsleistungen (project-based consulting covering LSI stress tests, ORM/PROKORISK implementation, SIMON introduction, implicit options, liquidity price risk, and variable deposit modeling). Pricing is not publicly disclosed; sales run through direct enterprise account managers and consulting staff. Distribution is anchored inside the Atruvia ecosystem (VR-Control, agree21, EGP), with DZ BANK as a co-development partner on EGon integration and BVR providing regulatory coordination. The company hosts the annual upDATE conference as its primary demand-generation event and is currently extending capabilities into AI-based forecasting for implicit-option exercise behavior.

Name

ParcIT

Legal name

parcIT Gesellschaft mit beschränkter Haftung (GmbH)

Website

https://parcit.de

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

251–500 employees

Short description

ParcIT GmbH provides integrated bank-steering software, regulatory procedures, and consulting for the Genossenschaftliche FinanzGruppe and adjacent German banks, anchored in the VR-Control platform and the Atruvia AG ecosystem, with 251-500 staff in Cologne.

Ownership category

akta.pro rank

Headquarters

HQ city

Köln

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Software Licensing and Maintenance: ParcIT licenses its proprietary software products (ZIRIS, SIMON, ORM, KRM, etc.) and okular-Tools to banks, primarily within the Genossenschaftliche FinanzGruppe. Revenue is generated through software licenses, maintenance fees, and version upgrades.
2. Verfahrensleistungen (Procedure Services): ParcIT provides procedure-related services including data processing, validation reports, adequacy proofs, and analysis reports. These services are offered as ongoing contractual arrangements.
3. Beratungsleistungen (Consulting Services): Consulting services covering LSI stress test 2026, ORM/PROKORISK implementation, SIMON introduction, implicit options, liquidity pricing risk management, and variable deposit modeling. These are project-based professional services.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

ParcIT develops and licenses integrated software, regulatory procedures, okular-Tools, and consulting services for bank steering (Banksteuerung) and risk management. The offering targets cooperative, private, and international banks, providing supervisory-compliant solutions for credit risk, market risk, liquidity risk, operational risk, and overall bank management, delivered primarily through the VR-Control platform.

Product overview

ParcIT GmbH is a provider of established, supervisory-compliant solutions for risk controlling and bank controlling. Its portfolio spans three interconnected pillars: regulatory Procedures (Verfahren), Software, and Consulting Services. The core platform is VR-Control — a web-based, automated, and AI-supported controlling workstation. The product portfolio includes overall bank controlling software (SIMON, ZIRIS, OPTIRIS, KOS), address risk software (KRM, ZIABRIS KPM-EG), market risk software (ZIABRIS), operational risk software (ORM), customer business controlling (CBS, DB III-PLANER), and corporate risk management (PROKORISK). The okular-Tools suite provides specialized supplementary tools including IRIS (real estate risk), BETRIS 2.0 (participation risk), DORIS (risk inventory), OPTI-RWA (RWA optimization), RFE-PM (risk early warning performance), KPM-VKV (credit portfolio model vector converter), ADR-KAP, ILAAP-Ü, LSI-Tools, and others. ParcIT's procedures form the methodological foundation for all software, ensuring regulatory compliance across all bank controlling areas. Consulting services accompany clients from inventory through implementation to productive operation. ParcIT is a member of the Atruvia AG group.

Differentiator

Problem solved

Functional benefit

Brands

• okular-Tools: A comprehensive suite of tools for bank controlling and risk management, including tools for risk inventory (DORIS), real estate risk (IRIS), liquidity risk, operational risk, and other banking control areas.
• VR-Control
• ZIRIS
• SIMON
• ORM
• KRM
• BETRIS
• OPTIRIS
• PROKORISK

Products and services

• VR-Control
• ZIRIS
• SIMON
• OPTIRIS
• KOS
• KRM
• ZIABRIS KPM-EG
• ZIABRIS
• ORM
• CBS
• DB III-PLANER
• PROKORISK
• Verfahren (Procedures)
• okular-Tools Subscription
• Beratungsleistungen (Consulting Services)

Quantifiable outcome

• ParcIT solutions are used by numerous cooperative primary institutes and other banks across Germany for regulatory compliance and risk management.
• +1 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability5 records

Feature7 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Atruvia AGcoreStrategic or Co-development PartnerParcIT GmbH is a wholly-owned subsidiary of Atruvia AG. Atruvia develops and operates the VR-Control platform and the broader Gesamtbanksteuerungsplattform (EGP) which integrates ParcIT's procedures and software products. ParcIT's products are deeply embedded in Atruvia's IT infrastructure and sold through the Atruvia ecosystem to cooperative banks.
• DZ BANK AGcoreStrategic or Co-development PartnerParcIT collaborates with DZ BANK on the EGon platform integration with VR-Control, specifically for the transaction interface enabling seamless transfer of proprietary business data. DZ BANK is the central institution of the Genossenschaftliche FinanzGruppe.
• BVR (Bundesverband der Deutschen Volksbanken und Raiffeisenbanken)coreStrategic or Co-development PartnerParcIT works with BVR on regulatory projects including the LSI stress test coordination, IRBA project, and MaRisk developments. BVR provides the cooperative banking group's regulatory guidance and Unterstützungsleistungen that ParcIT implements in its products.
• Union Investment AGminorStrategic or Co-development PartnerParcIT collaborates with Union Investment AG as a key account management relationship, supporting joint initiatives within the cooperative financial group.
• CP Consultingpartner AGminorImplementation/ SI/ Consulting PartnerParcIT collaborated with CP Consultingpartner AG on the 'Best Practice Steuerungsprozesse' presentation at upDATE 26, providing process library templates for cooperative banks.
• ZAM eG (Zentrales Asset-Management)minorImplementation/ SI/ Consulting PartnerParcIT partnered with ZAM eG on a presentation about transitioning from IKT risk management to operational risk, demonstrating integration with ForumITR and agree21ORM.
• agree21 (Atruvia)coreTechnology or IntegrationParcIT's products integrate with Atruvia's agree21 platform, including agree21ORM (operational risk), agree21IDA, agree21Risikofrüherkennung, and agree21Analysen. Many okular-Tools require agree21 systems as prerequisites.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• msg Gillardon AG: msg Gillardon AG provides risk management, regulatory reporting, and bank controlling software primarily to German savings banks (Sparkassen) and regional banks. It is the most direct competitor to ParcIT, addressing the same regulatory use cases (MaRisk, CRR, Basel III) with a comparable software + consulting portfolio, but anchored in the Sparkassen rather than the cooperative (Volksbanken/Raiffeisenbanken) ecosystem.
• ifb AG (S Rating und Risikosysteme GmbH): ifb AG is a specialized provider of rating systems, credit risk procedures, and regulatory software for German banks, with historical roots in cooperative banking. Several ParcIT team members (e.g., Georg Utzel, Tobias Laske) previously worked at ifb AG. It competes directly with ParcIT's address risk procedures and rating offerings.
• PPI AG: PPI AG provides payment, process, and software solutions for German banks, including regulatory and risk-related tooling. It serves a similar buyer profile (mid-sized and regional banks) and overlaps with ParcIT in risk reporting, treasury, and compliance software.

Broad incumbents

• Atruvia AG: Atruvia AG is ParcIT's parent company and the central IT/services provider for the Genossenschaftliche FinanzGruppe. It operates the core banking platform (agree21, VR-Control infrastructure) and broader IT services for cooperative banks — a broad incumbent in the same ecosystem that both owns ParcIT and could internalize overlapping capabilities.
• FINANZ INFORMATIK (FI): Finanz Informatik is the IT service provider for the Sparkassen-Finanzgruppe (German savings banks), offering core banking, risk management, and regulatory software across its member institutions. It is a broad incumbent comparable to Atruvia on the savings bank side of the German banking market.
• BearingPoint Software Solutions: BearingPoint provides regulatory reporting, risk management, and compliance software (ABACUS, RegTech suite) to European banks. It competes with ParcIT in regulatory and risk tooling for the broader European banking market, though with a different product architecture and broader geographic reach.
• msg systems AG: msg systems AG is the parent of msg Gillardon and a broader IT consulting/software group serving insurance, banking, and automotive clients in German-speaking markets. It is comparable to Atruvia in scope and competes with ParcIT through its banking software subsidiaries and consulting arm.
• SAS Institute — Risk Practice: SAS provides risk analytics, fraud detection, and regulatory reporting software used by many global banks, including for credit risk modeling and stress testing. It overlaps with ParcIT's risk management procedures (credit portfolio modeling, stress testing, market risk) at larger and more international bank clients.

Emerging players

• Regnology (formerly BearingPoint RegTech): Regnology provides regulatory reporting solutions (formerly part of BearingPoint) for banks and insurers across Europe. It overlaps with ParcIT in regulatory reporting workflows (COREP, FINREP, AnaCredit) and represents an emerging/specialized competitor in the European regulatory software market.
• Murex: Murex provides a trading, risk, and regulatory platform for capital markets and treasury functions. While it targets larger, internationally active banks (not German cooperative banks specifically), it competes in overlapping risk domains (market risk, IRRBB, counterparty credit risk) where ParcIT's ZIRIS and ZIABRIS modules also operate.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/parcit-gmbh

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 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 ParcIT