okadis Consulting

What okadis Consulting does

okadis Consulting GmbH is a privately held German SAP consulting and software firm headquartered in Eschborn (Frankfurt metropolitan area), founded February 1, 2003, and majority-owned by SAP Fioneer (a SAP SE company) since April 2022. The firm serves banks, mortgage banks, insurance companies, asset managers, and other financial institutions across the DACH region, with a narrow functional focus on SAP S/4HANA migrations, SAP Core Banking transformations, the SAP Financial Services Data Platform (FSDP), and regulatory reporting (CRR III, CRD VI, EMIR REFIT, Basel III/IV, ESG). Engagements span pre-study through implementation to post-go-live support, typically won through competitive pitches, direct enterprise sales, and referrals from anchor clients such as Aareal Bank, Berlin Hyp, DZ HYP, W&W AG, and Union Investment.

The company's technical core is built on SAP HANA, CDS views, and Flowgraph technology. Proprietary products include the FSDP Data Loader (oDL), a delta-capable integration solution that links SAP Core Banking modules (BP, CML, CMS, TRM, BCA, FI) to SAP FSDP, distributed globally via SAP App Center and SAP Store; the EU-DSGVO Cockpit (oDC), a EuroPriSe-certified GDPR compliance tool for SAP ERP and S/4HANA; and the okadis Info-Cockpit (oIC) for BI and analytics. Project-specific IP includes the okadis PostingHub (an ABAP ledger interface for non-SAP upstream systems used in the W&W migration) and the okadis Migrationssuite (used at Union Investment).

okadis generates revenue through two streams: (1) SAP professional services, including S/4HANA migrations, Core Banking transformations, regulatory reporting implementations, and IT strategy advisory, billed on a project basis; and (2) software licensing and maintenance for oDL and oDC, sold via the SAP App Center as recurring license revenue. Go-to-market is regional direct enterprise sales targeting financial institution CIOs, CFOs, and IT leadership, augmented by co-selling through the SAP Fioneer partnership, marketplace distribution for software products, and thought-leadership presence at DSAG Banking forums. The firm operates with a flat organization structure of 11-50 employees, three Managing Directors (Björn Jonas, Felix Kiesel, Marko Jendreck), and three additional Partners appointed January 1, 2025.

Name

okadis Consulting

Legal name

okadis Consulting GmbH

Website

https://okadis.de

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

11–50 employees

Short description

okadis Consulting is a German SAP consulting and software firm serving banks and financial institutions across DACH with S/4HANA migrations, Core Banking transformations, and proprietary products like the FSDP Data Loader (oDL) and EuroPriSe-certified EU-DSGVO Cockpit (oDC). Majority-owned by SAP Fioneer since 2022.

Ownership category

akta.pro rank

Product category

SAP Banking and Financial Services Consulting

NAICS

Other Management Consulting Services (541618), Management Consulting Services (54161), Computer Systems Design and Related Services (54151), Computer Systems Design Services (541512), Professional, Scientific, and Technical Services (54)

SIC

Services-Management Consulting Services (8742), Services-Computer Programming Services (7371), Services-Prepackaged Software (7372), Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Risk, Compliance & Internal Controls Consulting (BPAHACAJ)

Keywords

• SAP banking consulting
• S/4HANA migration services
• Core banking transformation
• Regulatory reporting solutions
• Financial services IT consulting

Headquarters

HQ city

Eschborn

HQ country

Germany

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. SAP Consulting Services: Core business delivering SAP consulting engagements including S/4HANA migrations, Core Banking transformations, regulatory reporting implementations, and IT strategy advisory. Projects span from pre-sales studies through implementation to post-go-live support.
2. Software Licensing and Maintenance: Proprietary software products (oDL, oDC) are sold as licensed products with ongoing maintenance and support. The FSDP Data Loader is available for purchase on the SAP App Center.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

okadis Consulting provides SAP-focused consulting services and proprietary software products for banks, insurance companies, and asset managers. Core offerings include end-to-end SAP S/4HANA migration and Core Banking transformation, regulatory reporting implementations (CRR III, EMIR, FINREP, Basel III/IV), and SAP Financial Services Data Platform (FSDP) integration. Proprietary software products such as the FSDP Data Loader (oDL) and EU-DSGVO Cockpit (oDC) are sold as licensed solutions on the SAP App Center.

Product overview

okadis Consulting offers a portfolio of SAP-focused consulting services and proprietary software products. The core product is the FSDP Data Loader (oDL), which provides integration between SAP ERP/S/4HANA Core Banking systems and the SAP Financial Services Data Platform (FSDP). Supporting products include the EU-DSGVO Cockpit (oDC) for GDPR compliance management and the Info-Cockpit (oIC) for BI and analytics. The company specializes in SAP Banking solutions including S/4HANA migrations, regulatory reporting, and core banking transformations.

Differentiator

Problem solved

Functional benefit

Brands

• FSDP Data Loader (oDL): A standardized full-integration software solution for connecting SAP ERP or S/4HANA core banking modules with the SAP Financial Services Data Platform (FSDP).
• EU-DSGVO Cockpit (oDC)

Products and services

• okadis FSDP Data Loader (oDL) Software product on SAP HANA that extracts data from SAP Core Banking modules (BP, CML, CMS, TRM, BCA, FI) using CDS Views and SAP HANA Flowgraph technology, and performs all transformations required for delta-capable data loading into SAP FSDP/FSDM. Sold via the SAP App Center and SAP Store.
• okadis EU-DSGVO Cockpit (oDC) Certified add-on for GDPR/DSGVO data subject request management in SAP ERP and SAP S/4HANA environments. EuroPriSe-certified by datenschutz cert GmbH; supports compliance with EU-GDPR and Swiss data protection law.
• okadis Info-Cockpit (oIC) Business Intelligence and analytics cockpit for monitoring and analyzing logistics and operational performance data across different dimensions, delivered on the SAP stack.
• SAP Consulting Services End-to-end SAP consulting for banks and financial institutions, covering business consulting, finance and banking advisory, supervisory and regulatory topics, and SAP S/4HANA / Core Banking implementation. Engagements span pre-study, implementation, migration, and post-go-live support.
• SAP Technology Services Technical SAP services for financial institutions, including custom SAP development, BI & analytics implementations, and IT architecture and strategy advisory — supporting modernization of the SAP system landscape through to strategic realignment.
• Application Service Ongoing software maintenance, support, and further development for standard SAP software and okadis proprietary solutions, delivered with close alignment to client business units and deep technical and functional know-how.

Quantifiable outcome

• Aareal Bank: First German bank to fully migrate to SAP S/4HANA in 15 months
• +3 more outcomes

Named customers5 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• SAP FioneercoreStrategic or Co-development Partner · 1 January 2022SAP Fioneer acquired a majority stake in okadis Consulting in 2022. okadis operates as a company within the SAP Fioneer family while maintaining independent operations. SAP Fioneer is a company of SAP SE focused on the financial services industry. This partnership provides okadis with access to SAP's roadmap, co-selling opportunities, and the broader SAP customer ecosystem.
• datenschutz cert GmbHminorOthers · 1 January 2020datenschutz cert GmbH partnered with okadis to audit and certify the EU-DSGVO Cockpit (oDC) for EuroPriSe certification in 2020.
• FAS AGminorImplementation/ SI/ Consulting PartnerFAS AG co-developed and co-delivered the Aareal Bank S/4HANA migration project with okadis. FAS AG contributed expertise in functional requirements and complex test management.
• SAP SEcoreTechnology or IntegrationSAP SE is the technology partner and platform provider. okadis develops products on SAP HANA and SAP S/4HANA, and its oDL product was developed in alignment with SAP FSDP roadmap. okadis is a member of the SAP PartnerEdge program.
• BearingPointminorStrategic or Co-development PartnerBearingPoint collaborated with okadis and SAP in developing the FSDP Data Loader concept, specifically for integration with BearingPoint's Abacus360 (A360) regulatory reporting solution via the FSDM data layer.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• msg Group: Large German IT consultancy with deep SAP and banking/insurance industry coverage, including SAP S/4HANA migrations and core banking implementations. Direct competitor to okadis in the German banking SAP services market with a broader portfolio across industries.
• All for One Group: German-headquartered SAP-focused consultancy serving mid-market and enterprise customers, including financial services, with strong emphasis on SAP S/4HANA Cloud and ECC migrations. Comparable in its SAP-centric, vertical-specialized model and DACH footprint.
• NTT Data Business Solutions (formerly itelligence): Global SAP consulting powerhouse with German heritage (itelligence) and significant financial services practice including S/4HANA, FSDP-related implementations, and managed services. Direct competitor for SAP banking transformation projects in Germany and across Europe.
• BearingPoint: European management and technology consultancy with deep regulatory reporting practice (Abacus360), and explicit okadis co-development partner on the FSDP Data Loader for SAP banking. Comparable on banking transformation, risk, and regulatory SAP-adjacent engagements.

Broad incumbents

• Capgemini Invent / Capgemini Engineering: Global system integrator with significant SAP S/4HANA and financial services delivery practice across Europe. Competes for the same large transformation RFPs but operates at much greater scale across multiple industries and technology stacks.
• Accenture (SAP practice): One of SAP's largest global SI partners with deep banking and capital markets transformation capabilities. Competes with okadis for anchor SAP banking S/4HANA programs in Germany and competes for talent; structurally much larger with full-stack delivery.
• T-Systems: Deutsche Telekom's enterprise IT subsidiary and major SAP partner in Germany, with significant financial services and SAP S/4HANA capabilities including cloud transformation. Competes for German bank SAP transformations and offers scale, hosting, and managed services okadis does not.
• Sopra Steria: European IT services firm with established German banking and SAP practice, including core banking and regulatory reporting implementations. Larger European footprint than okadis but similar vertical focus on financial services transformation.

Emerging players

• Regnology (formerly BearingPoint RegTech): Provider of regulatory reporting software (Abacus360, S2A360) that integrates with SAP systems and is explicitly referenced in okadis' integration ecosystem. Comparable as an adjacent technology provider in the SAP-based regulatory reporting stack for European banks.
• SNP Schneider-Neureither & Partner: Specialist in SAP data transformation and S/4HANA migration tooling (CrystalBridge), offering a software-led alternative to consulting-heavy S/4HANA migrations. Comparable as a vendor targeting the same SAP migration wave okadis serves, with emphasis on automated tooling rather than bespoke consulting.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xxing.com/companies/okadisconsultinggmbh
• LinkedInlinkedin.com/company/okadis-consulting-gmbh

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 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 okadis Consulting