Globit

What Globit does

Globit is a privately held Turkish software company specializing in treasury and financial institutions software for banks. Headquartered at the İstanbul Teknopark technology park with a satellite office in Seattle, it has built a 23+ year operating history serving 81 banks across 30+ countries. The legal entity, GLOBİT GLOBAL BİLGİ TEKNOLOJİLERİ A.Ş., is organized under Turkish jurisdiction as a joint-stock company.

The company's product portfolio is anchored by two proprietary RISQ modules — RISQ Financial Institutions (end-to-end management of FI and sovereign credit lines with real-time RAROC, collaborative UI, and lifecycle automation) and RISQ Compliance (AI-powered trading-limit monitoring and outlier detection) — both delivered as database-agnostic software that integrates with Finastra Kondor, Murex, and Calypso front-office systems. A complementary Fusion Kondor services line provides certified upgrade, support, and connectivity services (Care, Upgrade, Trade Hub) for the Kondor ecosystem under Teciem.

Revenue is generated through a mix of RISQ software licensing and support subscriptions, fixed-cost Kondor upgrade projects, and credit-based professional services for time-and-material engagements. Go-to-market is exclusively enterprise field sales, augmented by strategic channel partnerships (TradeAssets, Teciem, China Systems/Eximbills, BAFT), and the marketing motion is content-driven, combining industry blogs, case studies, e-books, and exhibitions such as Sibos 2026. The company is founder-led, with Ozan Vakar as Chairman and Semih Emiral as CEO, and operates without disclosed external funding.

Name

Globit

Legal name

GLOBİT GLOBAL BİLGİ TEKNOLOJİLERİ A.Ş.

Website

https://globit.com.tr

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

Globit is a Turkish software vendor that builds treasury and financial institutions software — notably the proprietary RISQ FI and RISQ Compliance platforms and Fusion Kondor services — for enterprise banks across 30+ countries.

Ownership category

akta.pro rank

Product category

Treasury Management Software

NAICS

Credit Intermediation and Related Activities (522)

SIC

Finance Services (6199)

akta.pro primary industry

Corporate Cash Management & Treasury Services (FSAMAOAA)

akta.pro secondary industry

Treasury Operations Support (Cash Management, Bank Reconciliations, Payments Ops) (BPAAAGAH)

Keywords

• Treasury management software
• Financial institution software
• Compliance monitoring solutions
• FI credit line management
• Treasury IT services

Headquarters

HQ city

Pendik

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. RISQ FI (Financial Institutions) Software Licenses and Support: RISQ FI is sold as an enterprise software solution to financial institutions for managing FI and sovereign credit lines. Revenue is generated through software licensing (likely one-time or subscription-based) combined with implementation, support, and maintenance services. Fixed-cost, fixed-duration upgrade projects and credit-based time-and-material service credits are also part of the revenue mix.
2. Fusion Kondor Care (Support Services): Professional support services for Fusion Kondor treasury management systems. Customers can purchase credits to be used for customization, change, and training services on a time-and-material basis. Revenue is generated through service credits and ongoing support retainer arrangements.
3. Fusion Kondor Upgrade Services: Get Kondor upgraded to the latest release within a fixed cost and fixed duration project. Includes migration of all customizations and integrations. Revenue is generated through project-based professional services engagements.
4. Fusion Kondor Trade Hub: Connectivity and integration services connecting Fusion Kondor to trading platforms. Revenue generated through implementation/integration services and potentially recurring connectivity fees.
5. RISQ Compliance: AI-Powered treasury compliance monitoring solution. Sold as a software platform with implementation and support services to treasury and middle office departments of banks.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels8 records

Core offering

Globit develops and sells enterprise treasury and financial institution software for banks, centered on its proprietary RISQ platform. RISQ Financial Institutions (RISQ FI) manages FI and sovereign credit lines end-to-end with real-time RAROC calculation, while RISQ Compliance provides AI-powered treasury compliance monitoring with outlier detection. The company also delivers professional services for Finastra/Teciem Fusion Kondor treasury systems through Fusion Kondor Care, Upgrade, and Trade Hub offerings.

Product overview

Globit offers a suite of treasury and financial institutions solutions centered around two core products: RISQ Financial Institutions (RISQ FI) and RISQ Compliance, complemented by Fusion Kondor services (Care, Upgrade, and Trade Hub). RISQ FI is the industry’s first dedicated end-to-end institutional banking solution for managing FI and sovereign credit lines with integrated RAROC, collaborative UI, and lifecycle management. RISQ Compliance provides AI-powered treasury compliance monitoring with real-time outlier detection. Fusion Kondor services support implementation, upgrade, and ongoing maintenance of Finastra Kondor treasury systems.

Differentiator

Problem solved

Functional benefit

Brands

• RISQ: RISQ is Globit's product brand covering Financial Institutions (FI) solutions, Compliance monitoring, and related treasury management tools.
• RISQ Financial Institutions
• RISQ Compliance
• Fusion Kondor Care
• Fusion Kondor Upgrade
• Fusion Kondor Trade Hub

Products and services

• RISQ Financial Institutions (RISQ FI) End-to-end institutional banking software that enables financial institutions to manage all FI and sovereign credit lines in one place. Provides real-time RAROC calculation at transaction level, FI limit management, collateral management, risk transfer and sell-down, life-cycle management, a collaborative UI with integrated newsfeed chat, real-time limit reservation via online API, Google-like smart search, and reporting with a full audit trail. Targeted at wholesale and institutional banking divisions of banks.
• RISQ Compliance AI-powered treasury compliance software for banks' treasury and middle office departments. Covers trading limits (position, stop loss, credit, settlement limits), market conformity checks, AI/machine-learning-based real-time outlier detection to spot suspicious trades, and real-time pre-deal compliance checks. Database-agnostic and designed to connect with Finastra Kondor, Murex, and Calypso front-office systems.
• Fusion Kondor Care Professional support service for Fusion Kondor treasury management systems, including older Kondor+ versions. Delivers administrative, customization, change, and training services via credit-based time-and-material arrangements. Targeted at banks and financial institutions running Fusion Kondor.
• Fusion Kondor Upgrade Fixed-cost, fixed-duration project service that upgrades Fusion Kondor (including older Kondor+ versions) to the latest release. Migrates all customizations and integrations, and enables adoption of new features. Targeted at banks and financial institutions operating Fusion Kondor that need to modernize their treasury platform.
• Fusion Kondor Trade Hub Single-gateway connectivity solution that links Fusion Kondor to all popular trading platforms. Automates trade enrichment (filling custom windows and changing trade types) and classification (portfolio, purpose, user auto-selection), and applies compliance checks (market price range, asset, instrument, trader, amount limitations) on the same blotter. Targeted at banks and financial institutions running Fusion Kondor that need automated trade ingestion and pre-trade compliance.

Quantifiable outcome

• Reduced overall credit application time by over 50% (RISQ FI)
• +7 more outcomes

Named customers13 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability7 records

Feature9 records

Partnerships

Four partnerships are on record, tiered flagship, minor and core.

• TradeAssetsflagshipGTM or Marketing Partner · 1 May 2026Established partnership with TradeAssets, a global bank-to-bank marketplace connecting more than 125 financial institutions worldwide. Through this collaboration, Globit aims to bring RISQ to a broader international audience and support banks in strengthening Financial Institutions risk management, risk distribution, and correspondent banking capabilities across South Asia, the Middle East, and Africa.
• BAFTminorGTM or Marketing Partner · 1 April 2026Globit joined BAFT as a Solution Provider Partner. BAFT is one of the leading international associations in transaction banking and trade finance. The partnership provides Globit with valuable opportunities for collaboration, industry engagement, and knowledge sharing with financial institutions and technology providers from around the world.
• TeciemcoreTechnology or Integration · 1 January 2026In early 2026, Kondor, Summit, Opics, Fusion Invest, and Fusion Risk were spun off from their former parent organization into a new dedicated entity called Teciem. Globit continues as a trusted Teciem partner, maintaining the same experienced team and same commitment to client success. The partnership ensures banks relying on Kondor benefit from a stable, forward-looking ecosystem combining proven technology with ongoing innovation. Globit operates as a domain-specialized partner bringing deep expertise in treasury operations and technology execution, supporting banks in making Kondor fully operational, scalable, and aligned with institutional requirements. Teciem conducted its first regional visits in Türkiye together with Globit.
• China Systems (Eximbills Technologies)coreTechnology or Integration · 1 October 2025Globit continued to expand its collaboration with China Systems, vendor of the Eximbills Technologies platform, building on the partnership established in late 2025. The companies worked together on opportunities related to digital trade finance and transaction banking solutions, further strengthening Globit's presence in the trade finance domain. Trade finance is identified as one of the most important areas of growth for Globit.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• TIS (Treasury Intelligence Solutions): Cloud platform for global cash visibility, bank connectivity, and treasury workflows (formerly B2 Group). TIS competes directly with Globit in the bank connectivity and treasury operations layer, especially for multinational corporate and FI treasury teams.
• Teciem: New independent home of Kondor, Summit, Opics, Fusion Invest, and Fusion Risk (spun off from Finastra in 2026). Teciem is Globit's flagship ecosystem partner but also a competing provider of treasury and capital markets technology, with overlapping customer base.
• GTreasury: SaaS treasury management system provider offering cash management, payments, FX hedge accounting, and bank connectivity. GTreasury targets a similar enterprise treasury buyer and overlaps with Globit's Kondor-support and treasury risk offerings.
• Kyriba: Cloud-native treasury management platform serving corporate treasuries and FIs with cash management, payments, risk, and connectivity. Kyriba competes with RISQ-style offerings on treasury visibility, bank connectivity, and compliance for institutional finance teams.

Broad incumbents

• Finastra: Owner (historically) of the Kondor treasury platform that Globit builds on and supports. Finastra is a broad incumbent in transaction banking, treasury, and capital markets software and is both a key Globit partner (listed as customer) and a potential competitor if it expands native FI risk functionality.
• Murex: Provider of the MUREX trading, risk, and treasury platform used by major capital markets and treasury operations. Globit's RISQ products integrate with Murex as a complementary overlay for FI credit line and compliance monitoring.
• ION Group: Large financial software vendor with treasury and capital markets products (e.g., Wallstreet Suite, ITS). ION competes in the same enterprise treasury technology category and represents both a comparable scale player and a potential acquirer of niche treasury software firms.
• FIS Treasury and Risk Manager: FIS offers a treasury and risk management suite (formerly SunGuard) used by large FIs and corporates. As a broad incumbent, FIS competes with Globit across treasury, risk, and compliance modules in enterprise accounts.
• Calypso Technology: Treasury, capital markets, and risk management platform acquired by Finastra (now part of Adenza/Finastra). Calypso overlaps with Globit's front-office treasury and risk monitoring capabilities and is one of the three front-office systems Globit integrates with.
• SAP Treasury Management: SAP's treasury and risk management module within the broader ERP suite competes in corporate and FI treasury. SAP represents both a complementary enterprise system and a competing platform for treasury technology budgets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/globit-global-bilgi-teknolojileri-a-s-
• Facebookfacebook.com/GlobitGlobalBilgiTeknolojileri

Compliance6 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 Globit