Capco History

• Capco joins forces with FIS one of the world’s largest providers of banking and payments technology. The move significantly extends the reach and services of Capco, with those of FIS, one of the world’s largest FinTech providers, to offer both technology leadership and service excellence to leading financial services institutions worldwide. Capco retains its own distinct brand. Capco founder and CEO Rob Heyvaert becomes a Corporate Executive Vice-President of FIS, a member of the FIS Executive Management Team, while continuing in his role as CEO of Capco. In his broader role, Heyvaert is now responsible for the strategic direction of FIS’ professional services. The transaction closing is expected by year end. Capco’s prior majority shareholder, Palo Alto-based private equity firm Symphony Technology Group (STG), will not retain any equity or interest in the combined entity on completion of the transaction.
• Market conditions and a strong talent pool continue to support Capco’s growth in North America and across Europe. Capco launches significant growth initiative in UK, and opens additional offices in Amsterdam (the Netherlands), and Zurich (Switzerland). Capco totals 13 offices worldwide with a presence on three continents.
• The company continues to grow faster than the market
• Capco builds on its solid platform for future growth by expanding its offering in Managed Services and Package Integration in North America, Europe and Asia.
• Domain expertise now encompasses the entire financial services value chain: Capital Markets, Banking, Finance Risk and Compliance, Wealth and Investment Management, Technology Services and Package Integration
• The Capco Journal of Financial Transformation is ranked among the world’s foremost publications by the American Economic Association, the European Finance Association and the Social Science Research Network

2009

• Capco opens new offices in Chicago and Washington, DC as the business expands its presence in North America, growing from 75 to 475 employees in the space of a little over a year, while increasing revenues to a run-rate of 400% over the same time period

• Capco makes its strategic acquisition in London, UK, of City Practitioners Limited

2006

• Symphony Technology Group and Capco management purchase all outstanding shares in the company

2005

• Capco opens its Toronto office to serve key clients in the Canadian market

2004

• Capco begins major growth initiative in Germany, and is successful in building major presence in the German market in a short period of time – a success story that is sustained to this day
• The Bangalore office opens, and increases its staff to approximately 100 people in the space of twelve months

2001

• The business is rebranded as Capco
• The first issue of The Capco Journal of Financial Transformation is published by the Capco Institute

2000

• A round of strategic investment led by Thomas Weisel Capital Partners enables the company to expand its European and international presence with additional offices in Europe, North America and Asia

1998

• Capco is founded as The Capital Markets Company NV by Belgian entrepreneur Rob Heyvaert, with offices in Belgium, London, New York and Frankfurt