Name

TIAC

Legal name

TIAC d.o.o.

Website

https://tiacgroup.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Novi Sad

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Managed Development Center (MDC) Services: Long-term dedicated team engagements where TIAC provides full-time developers, architects, and engineers aligned with client's product, tools, and standards. MDCs typically start with 3-5 experts and scale based on client needs. Revenue recognized over extended contract periods (average engagement exceeds 6 years).
2. Project-Based Software Development: Time and materials or fixed-scope project engagements for specific deliverables including legacy modernization, cloud migration, AI implementation, and custom software development.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

TIAC designs, builds, and operates AI-Powered Managed Development Centers (MDCs) — dedicated, cross-functional engineering teams that deliver FinTech, InsurTech, climate/ESG, and capital-markets software on behalf of enterprise clients. Beyond the MDC model, TIAC also runs project-based software development engagements. Services are powered by a proprietary Secure Enterprise GenAI Platform, an AI-Assisted SDLC, reusable AI Accelerators, and a tightly governed human-oversight framework that ensures regulatory-compliant delivery.

Product overview

TIAC is a software engineering company offering AI-powered Managed Development Centers (MDC) as its core product, combined with specialized AI-assisted delivery services. The portfolio includes AI-Assisted Delivery, AI-Enabled Solutions (featuring a Secure Enterprise GenAI Platform with modules for Offering Bot, Tailored AI, Document Analysis, AI Librarian, and Autonomous Agents), and Responsible AI Approach. Solution areas span Trading & Risk Solutions, Climate Fintech & ESG Platforms, Insurance Automation Solutions, Data & Analytics Services, and Enterprise Intelligence & Automation. The company also offers AI-Assisted COBOL Modernization services for legacy transformation. TIAC serves as dedicated MDCs or project-based partners for FinTech, InsurTech, EdTech, Climate Fintech, and enterprise industries.

Differentiator

Problem solved

Functional benefit

Products and services

• AI-Powered Managed Development Center (MDC) Multi-year outsourced engineering center run by TIAC for FinTech, InsurTech, capital-markets, and climate/ESG clients. Each MDC bundles a dedicated cross-functional team, the AI-Assisted SDLC, reusable AI Accelerators, and the MDC Operating Model with built-in human-oversight checkpoints so clients can safely scale regulated software delivery.
• Project-Based Software Development Time-and-materials or fixed-scope software development projects delivered for clients who do not want an embedded MDC. Engagements draw on the same AI-Assisted SDLC, AI Accelerators, and human-oversight governance used inside the MDC, but on a per-project basis.
• Secure Enterprise GenAI Platform Proprietary, enterprise-grade GenAI platform built for regulated, security-sensitive environments. Underpins TIAC's AI-Assisted SDLC and AI Accelerators, and can be deployed to clients for safe, governed use of generative AI inside audit-bound FinTech, InsurTech, and capital-markets workloads.
• AI-Assisted COBOL Modernization Specialized service that uses TIAC's AI-Assisted SDLC and AI Accelerators to translate, refactor, and modernize legacy COBOL applications into modern architectures while preserving behavior. Designed for enterprises and banks running mission-critical mainframes and is governed by TIAC's human-oversight checkpoints to keep equivalence auditable.

Quantifiable outcome

• Up to 50% cost savings compared to in-house development
• +8 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

AI capability12 records

Feature8 records

Partnerships

Two partnerships are on record, tiered core and minor.

• University of Novi SadcoreStrategic or Co-development PartnerAcademic partnership through TIAC Challenge program where students from University of Novi Sad participate in AI and ESG-focused challenges. The program provides real-world project experience for students while connecting TIAC with talented young professionals. 35 students applied in 2025, with 17 participants forming 4 teams.
• SokraftminorStrategic or Co-development PartnerAI technology specialist collaborating with TIAC on the TIAC Challenge 2025 program. Sokraft team members (Mihaela Osmajić, Dr. Goran Savić, and Dr. Milan Segedinac) served as jury members evaluating student projects combining AI and ESG topics.

Scale indicators17 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Ciklum: Eastern European-headquartered IT services company providing dedicated development teams and FinTech engineering to enterprise clients — overlaps heavily with TIAC's MDC model and vertical focus.
• SoftServe: Ukraine-origin IT services firm with strong US/EU enterprise customer base and FinTech/financial services specialization — competes in the same dedicated-team and software engineering services category as TIAC.
• Nagarro: Global digital engineering firm with AI-led delivery model and significant European delivery footprint, serving financial services and enterprise clients — comparable in service model and AI integration.
• Globant: NYSE-listed digital transformation and software engineering firm serving global enterprises including financial services with AI-native delivery — comparable scale, vertical focus, and AI-augmented delivery positioning.
• Luxoft: DXC Technology-owned IT services firm specializing in financial services software engineering, capital markets platforms, and regulatory-driven transformation — direct overlap with TIAC's trading, risk, and regulated-finance work.
• EPAM Systems: Global digital engineering services provider with deep FinTech/financial services vertical expertise and distributed delivery model — closest public-market analogue to TIAC's AI-powered MDC offering.
• Endava: UK-listed IT services firm specializing in custom software development and managed engineering teams for financial services, with strong Eastern European delivery presence — directly comparable to TIAC's MDC model and FinTech focus.

Broad incumbents

• Thoughtworks: Global technology consultancy focused on custom software engineering, digital transformation, and FinTech/regulated industries — comparable in engineering depth and AI-driven delivery, though at much larger scale.
• Accenture: Global professional services giant with extensive FinTech and GenAI practices — broader incumbent competing for the same enterprise transformation budgets but at much larger scale and scope.
• Capgemini: Global IT services and consulting leader with deep financial services vertical and applied AI offerings — broader competitor that overlaps with TIAC's regulated-industry and AI delivery positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/tiac-d-o-o-/posts
• Instagraminstagram.com/tiac.group
• Xx.com/TIACgroup
• Facebookfacebook.com/TIACgroup

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 TIAC