The Piteco Group
The Piteco Group is the result of the acquisitions that Piteco has made over the years, which have enabled it to achieve levels of excellence, recognisability and a widespread presence in the Treasury & Finance, Financial Risks and Payments markets. Research and development, design and creation, sale and implementation, support and evolution: the Group covers the entire software development and implementation chain for the Industry, Finance and Banking markets in the AFC area.
The Piteco Group has 4 operating offices in Italy – Milan, Padua and Rome – an office in Wichita, KS, US, one in Switzerland and 160 highly qualified professionals.
Piteco is the leader in Italy in the design and implementation of treasury and financial planning management solutions.
It opened its doors in 1980. Since that time, industrial companies across every business sector have recognised the quality of Piteco’s solutions and the value of its services, leading them to choose Piteco again and again.
Piteco guarantees top-notch performance and excellent service levels to 5,000 companies all over the world. Piteco is listed on the MTA market managed by the Italian Stock Exchange.
In 2017, Piteco took over control of Juniper Payments, a market leader in the digital payments segment in the US. For more than 15 years, Juniper Payments has served over 3,300 customers including banks and credit unions in the US which use Juniper software to manage their transactions. It is one of the most extensive interbank networks in America. Juniper is the third payment services provider after the FEDERAL RESERVE and CLEARING HOUSE, and the first amongst privately controlled companies. The general management of JUNIPER is located in Wichita, Kansas (US), and it has branches in Kansas and Nebraska.
In July 2018, Piteco acquired Myrios, a company active in the design and implementation of high value added IT solutions dedicated to the finance departments of banks, insurance companies, industry and the public administration. The Piteco suite of products is complemented by Myrios Financial Modelling, the IT platform for the management of Corporate Financial Risk Management, and Myrios Investment, the advanced and modellable post-trading investment and derivative management application platform.
Myrios Switzerland was founded in Geneva in February 2019, positioning Piteco in a strategic area in the European corporate market. Piteco can now cover the needs of the sophisticated and high profile market of major holding companies based in Switzerland.
In 2020 Piteco takes control over RAD Informatica: the leader in the Italian market in the development of software for bank debt recovery and litigation management. RAD’s constant growth in the last ten years has allowed the company to further strengthen its position in the sector and set their sights on becoming one of the most important players in Europe. The company was founded twenty years ago through a strategic combination of its founders’ knowledge and experience in credit management and software development. Today, it boasts extensive know-how in the debt recovery process, both in the judicial and extrajudicial phase.
The Deda Group
Piteco is part of Deda Group (turnover of €253 million, 1,800 employees and more than 3,600 clients), an important aggregating hub of leading Italian firms in the Software and Solutions as a Service market, and a natural reference of businesses, financial and public service institutions in the development of their IT and digital strategies. Founded in 2000, with headquarters in Trento, the Group has grown consistently and today, in addition to having more than 20 offices in Italy, it also operates in Switzerland, France, Germany, UK, USA, Mexico and China. Deda Group is a subsidiary of Lillo Spa, the business Group founded by the Podini family, already operating in mass market retail with its MD supermarkets.