flatexDEGIRO AG (0W89.IL)

10.20 -0.16 (-1.56%) As of 09:33AM BST. Market open.

flatexDEGIRO AG

Omniturm
roße Gallusstrasse 16-18
Frankfurt am Main 60312
Germany
49 69 45000 10
https://www.flatex.com

Sector(s): Financial Services
Industry: Capital Markets
Full-time employees: 1,321

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Frank Niehage L.L.M., LLM	Chairman of Management Board & CEO	1.52M	N/A	1968
Dr. Benon Janos	CFO & Member of the Management Board	N/A	N/A	N/A
Mr. Stephan Simmang	CTO & Member of the Management Board	N/A	N/A	N/A
Mr. Jens Möbitz	Member of the Management Board	N/A	N/A	N/A
Mr. Achim Schreck	Head of Investor Relations & Corp. Communications	N/A	N/A	N/A
Giscard Monod de Froideville	Chief Marketing Officer	N/A	N/A	N/A
Christiane Strubel	Chef Human Resource Officer	N/A	N/A	N/A
Mr. Steffen Jentsch	Chief Process Officer	N/A	N/A	1967
Mr. Stefan Armbruster	MD & Co-Head of B2C	N/A	N/A	N/A
Dr. Matthias Heinrich	Chief Risk Officer	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

flatexDEGIRO AG provides online brokerage and IT solutions in the areas of finance and financial technology services in Europe. It operates through Financial Services (FIN) and Technologies (TECH) segments. The FIN segment offers online brokerage services, including execution-only securities transactions under the flatex brand; shares, bonds, futures, options, stock-exchange-traded products, and stock-exchange-traded funds under the DEGIRO brand name; and services for professional traders, short selling services for selected shares and bonds, and trading lines under the ViTrade brand. It also provides securities settlement and automated transaction processing services; business process outsourcing for banking processes; securities-backed lending; and treasury products, such as overnight and fixed-term deposits, bank and government bonds, cash loans and mortgage bonds, undertakings for collective investment in transferable securities, and special funds. The TECH segment is involved in the development, production, distribution, and maintenance of software, hardware, and information technology infrastructure. This segment offers flatex Core Banking System, a platform for the technological mapping of business processes for bank operations. The company was formerly known as flatex AG and changed its name to flatexDEGIRO AG in October 2020. flatexDEGIRO AG was incorporated in 1999 and is based in Frankfurt am Main, Germany.

Corporate governance

flatexDEGIRO AG’s ISS governance QualityScore as of 1 October 2023 is 3. The pillar scores are Audit: 10; Board: 1; Shareholder rights: 1; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.