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|  | Level 3 of Capability Maturity Model Integration (CMMI®)
| | | First Chief Quality Officer with Group wide responsibility
| | | Consistent quality and increased visibility for clients
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London, 14 August 2008 - GFT Technologies AG (GFT), a leading international provider of IT services to the financial sector, has today reached the CMMI®’s third level of process maturity and appointed a Chief Quality Officer, as part of its ongoing quality improvement strategy. GFT’s Global Delivery Units have been awarded the certification in recognition of its current achievements and commitment to generating consistent quality of service. The certification is supported by the company’s appointment of its first Chief Quality Officer, Manuel Urban, with Group-wide responsibilities.
GFT’s process of internationalisation created the increased demand for integrated quality of methodology across all of the company’s projects. As the company expanded across Europe and globally in the early part of the decade, it also began its CMMI® accreditation process; GFT Iberia achieved CMM Level II in December 2003 after seven months, the shortest time ever. Today, GFT’s Global Delivery Units in the Services Division have been recognised, by the internationally regarded CMMI®, as having reached the third level of process maturity.
Underlining GFT’s commitment to developing its quality maturity, its first Chief Quality Officer has a mission to ensure that the cornerstones of GFT’s Global Delivery Model are adhered to across the company. Manuel Urban commented, “With the rest of the team at the GFT Quality Office, we will be ensuring that each project at our development locations worldwide, can offer its clients the benefits of our common development methodology, globalised services network and maturity model of process improvement”.
This approach has already resulted in benefits for GFT’s clients. Marika Lulay, Member of the GFT Executive Board, commented “many of our projects are delivered by our teams in Spain and Brazil, along with their UK counterparts. It is therefore vital for us to have a recognised, mature and standardised methodology, which focuses on generating consistent quality of service. The Level 3 certification offers our clients increased visibility into the workings of the project and confidence in the quality of the outcome, regardless of where in the world the work takes place”.
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About GFT & CMMI®
For the attainment of CMMI® level 3 several processes areas regarding project management (process definition and focus - organisation wide), software engineering, and support and organisational activities are evaluated. It covers several aspects of the software development lifecycle, such as: planning and monitoring, risk management, requirements and tecnical solutions development, testing, validation and product integration, configuration management, usage of metrics, and employee training.
The process of obtaining CMMI® level 3 requires the methodology developed to be based on this models’ requirements and applied effectively across all our projects.
With the CMMI® level 3 certification, GFT’s clients can have confidence that the company’s processes guarantee a high reliability of a project’s results. It involves costs, development in-time and the product/service quality.
Applying the GFT Methodology as the standard methodology for software development, gives an assurance to our international clients that their projects are managed according to a standardised methodology and that delivery deadlines and costs will be managed accordingly, regardless of the location where the project is developed.
About GFT
The GFT Group is an international leading IT service provider. With its business divisions representing Services, Resourcing and Software, the company has a unique service portfolio.
In the Services division, GFT focuses on the financial services and logistics sectors where it designs and delivers IT solutions. The company’s combination of solid experience in project management and comprehensive expertise in the latest technologies makes GFT a strategic IT partner for renowned companies worldwide.
The Resourcing segment supplies IT specialists to companies in a variety of sectors. GFT also offers a third party management service, where it completely manages a company’s IT service providers.
The GFT inboxx GmbH covers the Software business division and sets new standards in the field of digital archiving.
In 2007, GFT achieved revenues of EUR 247 million. Headquartered in Germany the GFT Group was established in 1987 and employs about 1,100 professionals in nine countries. GFT stock (WKN 580 060) is listed in the Prime Standard of the Frankfurt Stock Exchange and is a member of the GEX (German Entrepreneurial Index).
About CMMI®
CMMI (Capability Maturity Model Integration), is a model of quality certification defined by the Carnegie Mellon University Software Engineering Institute (SEI) of the United States. It is one of the most popular models for process improvement in the Software Industry and provides organisations with the essential elements of effective processes.
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Contact:
Andrea Wlcek
Head of Investor Relations
& Corporate Communications
GFT Technologies AG
Filderhauptstraße 142
70599 Stuttgart
Deutschland
T +49 711 62042-440
F +49 711 62042-301
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andrea.wlcek@gft.com |
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