@brokat.com
Brokat Technologies began by providing online banking services for financial institutions.
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Brokat, a German technology company, was founded in 1994 by Stefan Ries and Thomas Reiter in Stuttgart. Initially, Brokat focused on developing software for the banking industry, aiming to revolutionize the way financial institutions interacted with their clients. Brokat's headquarters is located in Stuttgart, Germany.
The company's office is known for its modern and innovative design, fostering a creative atmosphere for its employees. The company's main products include software solutions for online banking, e-commerce, and mobile financial services. Brokat's flagship product, Twister, became a popular solution for banks to streamline their online banking services and provide customers with a seamless experience.
Additionally, Brokat offered consulting services to assist financial institutions in implementing their software solutions effectively. On a global scale, Brokat established subsidiaries in various countries, including the United States, Australia, and Japan, to expand its market reach. The company also formed several joint ventures and partnerships to collaborate with other technology providers and financial institutions.
Notably, Brokat collaborated with Siemens to integrate their software solutions into Siemens' communication infrastructure. Brokat experienced significant success in the late 1990s, becoming one of the leading software providers in the banking industry. This resulted in substantial global sales and a strong market position.
However, the company faced financial difficulties during the dot-com bubble burst in the early 2000s, which led to its bankruptcy and subsequent acquisition by a Spanish software company, Mandator. Since then, Brokat's brand and product lineup have undergone significant changes. The brand is currently inactive, and there have been no recent updates or significant developments regarding its operations or products.
Thus, it can be concluded that Brokat is no longer an active company in the market. In conclusion, Brokat was a German technology company that focused on developing software solutions for the banking industry. Despite its past success and global operations, the company faced financial difficulties and eventually became inactive
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