CAD IT
CAD IT is an Italian financial software vendor, owned by Cedacri, providing the Area Finanza front-to-back securities suite (90% Italian market share, €1.5 trillion AUM) plus trading, settlement, wealth, and regulatory modules to 1,000+ banks, insurers, and public administration clients across Italy and Europe.
- Company typePrivate
- Founded1986
- HeadquartersVerona, Italy
- Headcount501–1,000
- GTM typeB2B
- OfferingSoftware
What CAD IT does
CAD IT S.p.A. is an Italian financial software vendor headquartered in Verona, founded in 1977 and currently operating as a private company under the direction and coordination of Cedacri S.p.A., Italy's principal IT outsourcing operator for banks and the country's third-largest core banking IT platform. The company employs over 600 specialized professionals and serves more than 1,000 organizations across banking, insurance, corporate enterprise, and Italian public administration. Its flagship offering, the Area Finanza suite, is a front-to-back, cross-business, cross-asset, multi-channel, multi-institute software platform covering position keeping, custody, corporate actions, order management, trading desk, settlement, repos, asset management, KYC, financial advisory, and reporting. Area Finanza holds approximately 90% market share in Italian securities management and manages €1.5 trillion in AUM with 200,000+ daily professional users and 25+ million securities deposits processed daily.
The portfolio extends beyond the core suite through modular products including TOL (Trading on Line) for web and mobile trading, EasySET for T2S-compliant settlement, Property for IFRS portfolio management, SLICE for commission and reporting management, NEW AGE for master data management, M1y for digital wealth management, plus specialized modules for anti-money laundering, reconciliation, treasury, tax collection, and PUMA2 supervisory reporting. Underlying technology assets include an event-driven architecture for real-time processing, ART for business process management, BitFinder for enterprise search, and TDOC for data flow transfer. The business model combines one-time software licensing, recurring maintenance and support subscriptions, managed application services, professional services for customization and integration, and consulting and training services (15,000+ annual training hours).
CAD IT generates revenue through enterprise field sales with custom pricing, targeting Italian banks and financial institutions as its primary segment (banks, brokers, custodians, asset managers, outsourcing service providers), with secondary segments in insurance, Italian public administration (20,000+ entities), and corporate enterprises. The company expanded internationally since 2006 and now operates in Austria, Germany, France, Luxembourg, the Netherlands, and Spain. It holds ISO 9001:2015, ISO/IEC 27001:2022, and ISO 45001:2018 certifications and has pursued targeted M&A historically (Software Financiero Bolsa, Desarrollo de Productos Informáticos in 2018; EliData, Bit Groove, DQS Italia earlier). The company was delisted from Borsa Italiana in December 2018 following a corporate restructuring and now operates as a private entity under Cedacri's control.
CAD IT firmographics
Firmographics- Name
- CAD IT
- Legal name
- CAD IT S.p.A.
- Website
- https://caditgroup.com
- Company type
- Private
- Founded year
- 1986
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- CAD IT is an Italian financial software vendor, owned by Cedacri, providing the Area Finanza front-to-back securities suite (90% Italian market share, €1.5 trillion AUM) plus trading, settlement, wealth, and regulatory modules to 1,000+ banks, insurers, and public administration clients across Italy and Europe.
- Ownership category
- akta.pro rank
CAD IT industry classification
Industry- Product category
- Financial Software
- NAICS
- Software Publishers (5132), Computer Systems Design Services (541512)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Programming Services (7371)
- akta.pro primary industry
- IT Governance, Risk & Compliance (IT GRC) Platforms (HDAEALAK)
- akta.pro secondary industry
- Managed Platforms & Wrap Programs for Private Clients (Model Portfolios, UMA/SMAs) (FSAAABAM)
Keywords
Where CAD IT is headquartered
LocationHeadquarters
- HQ city
- Verona
- HQ country
- Italy
- HQ region
- Europe
Offices1 record
Markets served
CAD IT business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales
Revenue model
- Software Solutions Licensing: Sale of software solutions for banking, finance, insurance, enterprise and public administration sectors
- Maintenance Services: Ongoing maintenance and support services for deployed software solutions
- Personalization and Integration: Customization and integration services to adapt solutions to specific client requirements
- Application Management: Application management and outsourcing services for financial institutions
- Consulting Services: Professional consulting services including business process mapping, Java application development, web and mobile development, system integration, project management and testing management
- Training Services: Training services provided to client organizations, with over 15,000 training hours annually
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
CAD IT product offering
Product offeringCore offering
CAD IT designs, develops, and licenses enterprise software suites for banks, financial intermediaries, insurance companies, and public administration entities. Its flagship offering is the Area Finanza suite — a front-to-back, cross-asset, multi-channel software platform covering position keeping, custody, corporate actions, order management, settlement, REPOs, asset management, KYC, and reporting. Complementary products include TOL online trading, EasySET settlement, Property portfolio management, NEW AGE master data management, SLICE commissions, ART process management, BitFinder search, and TDOC data transfer.
Product overview
CAD IT offers a unified platform-plus-modules portfolio centered on its flagship Area Finanza suite, which holds approximately 90% market share in Italy. Area Finanza is a comprehensive front-to-back, cross-business, cross-asset, multi-channel, multi-browser, multi-language, multi-currency, and multi-institute software suite covering the entire securities lifecycle including Position Keeping, Custody and Administration, Corporate Actions, Order Management, Market Desk, Settlement (EasySET), REPOs, Asset Management, and Reporting. Beyond Area Finanza, CAD IT's portfolio includes: TOL (Trading on Line) as a web/mobile retail trading interface; Property for portfolio/asset management; M1y for digital wealth management; SLICE for commission and reporting management; NEW AGE for master data management; and complementary modules for anti-money laundering, treasury, reconciliation, order hub, public administration tax and cash management, and supervisory reporting (XRR PUMA2). Supporting technologies include ART (process management), BitFinder (search), and TDOC (data transfer). The portfolio targets the banking, insurance, enterprise, and public administration markets across Italy and Europe, with over 200,000 end users and €1.5 trillion in AUM managed.
Differentiator
Problem solved
Functional benefit
Brands
- Area Finanza: The flagship software suite for banks and financial institutions managing securities processes, considered the market standard in Italy with a 90% market share.
- TOL - Trading on Line
- EasySET
- ART
- BitFinder
- TDOC
- NEW AGE
- SLICE
- Property
Products and services
- Area Finanza Front-to-back, cross-business, cross-asset, multi-channel, multi-currency, multi-institute software suite for financial institutions covering Position Keeping, Custody, Corporate Actions, Order Management, Trading Room, Master Data Management, Settlement, Asset Management, Reconciliations, REPOs, KYC, Financial Advisory and Reporting.
- Area Finanza per Asset Management
Quantifiable outcome
- 90% market share in Italian securities software market
- +3 more outcomes
Companies that use CAD IT
Customer profileNamed customers7 records
Segments4 records
Ideal customer profiles3 records
CAD IT technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature8 records
CAD IT partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- CedacricoreCedacri is the parent company and controlling shareholder of CAD IT. It is described as the main Italian operator in the IT outsourcing market for banks and financial institutions, and the third Core Banking IT platform in Italy. CAD IT operates under the direction and coordination of Cedacri S.p.A.
Scale indicators15 records
Recent moves7 records
Expansion highlights5 records
CAD IT competitors and assessment
Company assessmentBroad incumbents
- Oracle Financial Services: Enterprise-grade banking and capital markets platform; competes with CAD IT's front-to-back suite for large European bank RFPs and digital transformation programs.
- Finastra: Large global provider of banking and capital markets software (Fusion); competes with CAD IT for European Tier 2/3 banks seeking integrated front-to-back and capital-markets platforms.
- Temenos: Global leader in core banking software serving Tier 1–3 banks across Europe; competes against CAD IT's stack for front-to-back banking modernization RFPs.
- FIS: Global provider of banking, capital markets, and asset management software; competes with CAD IT for European bank technology modernization spend.
- ION Group: Italian-rooted financial software roll-up that owns Cedacri and several capital-markets platforms (Calypso, Fidessa, Openlink); a sibling/parent ecosystem participant and a likely strategic counterparty.
Direct peers
- Murex: Specialist capital markets and treasury platform serving banks and asset managers; the most directly comparable competitor in cross-asset securities, trading, and risk management software.
- Cedacri: Parent company and leading Italian IT outsourcing operator for banks and financial institutions; Cedacri is the third-largest core banking IT platform in Italy and directly shapes CAD IT's strategic direction.
- TAS Group: Italian-headquartered vendor of software solutions for treasury, payments, securities, and capital markets; comparable in offering scope and customer base across Italian and European banks.
Regional players
- Numera Sistemi (Engineering Group): Italian banking software vendor under Engineering Group serving Italian and Southern European banks; comparable regional competitor for front-to-back banking software deals.
- SIA: Italian-headquartered payments and fintech infrastructure provider; a regional incumbent operating in adjacent banking-technology infrastructure in Italy and Europe.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
CAD IT social profiles
Digital presenceCAD IT compliance and trust
Trust signalCompliance3 records
CAD IT financial estimates
Financial estimateRevenue estimate
Valuation estimate
CAD IT leadership team
Management profileNumber of profiles
CAD IT funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CAD IT M&A and investment
M&A and investmentM&A5 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CAD IT
What does CAD IT do?
CAD IT designs, develops, and licenses enterprise software suites for banks, financial intermediaries, insurance companies, and public administration entities. Its flagship offering is the Area Finanza suite — a front-to-back, cross-asset, multi-channel software platform covering position keeping, custody, corporate actions, order management, settlement, REPOs, asset management, KYC, and reporting. Complementary products include TOL online trading, EasySET settlement, Property portfolio management, NEW AGE master data management, SLICE commissions, ART process management, BitFinder search, and TDOC data transfer.
Is CAD IT a public or private company?
CAD IT is a private company. It is classified as corporate owned and is currently operating.
When was CAD IT founded?
CAD IT was founded in 1986. It employs 501 to 1,000 people.
Where is CAD IT based?
CAD IT is headquartered in Verona, Italy, in the Europe region.
How does CAD IT make money?
Six revenue lines are on record. Software Solutions Licensing is the primary driver. The others are maintenance Services, personalization and Integration, application Management, consulting Services and training Services.
Who are CAD IT's main competitors?
Broad incumbents on record are Oracle Financial Services, Finastra, Temenos, FIS and ION Group. Direct peers are Murex, Cedacri and TAS Group. Regional players are Numera Sistemi (Engineering Group) and SIA.
Does CAD IT have an API?
No public API is recorded for CAD IT.
What industry is CAD IT in?
CAD IT's product category is Financial Software. Its primary akta.pro industry code is HDAEALAK, IT Governance, Risk & Compliance (IT GRC) Platforms, with a secondary code of FSAAABAM, Managed Platforms & Wrap Programs for Private Clients (Model Portfolios, UMA/SMAs). Its NAICS code is 5132 and its SIC code is 7372.