::projective has entered the German market with the opening of an office in Frankfurt. By establishing an arm in Germany’s financial services capital, the firm anticipates growing its footprint in the country and wider DACH landscape.
In the year that ::projective celebrates its tenth anniversary, the consulting firm has expanded its wings into its fourth market. The consultancy was founded early 2007 in Belgium by Stefan Dierckx, who currently serves as Chief Executive Officer (CEO), and has since also successfully established a presence in the Netherlands (2009) and the United Kingdom (2010).
The firm’s decision for Frankfurt as its base was a logical one, says Dierckx. The city is Germany’s financial capital, housing the likes of the European Central Bank (ECB), the German Central Bank (Deutsche Bundesbank) and headquarters of several large international banks and financial institutions. Projective focuses exclusively on the financial services sector, and, in addition, its parent company Diebold Nixdorf* is based in Frankfurt, making the city an ideal location for its German operations.
From the Frankfurt base, Projective will focus on building a position in the German consulting market, an industry valued at €7.5 billion, of which an estimated 20% is generated in financial services. Leveraging its German team, as well as the support from other international offices, .::projective also eyes expanding its portfolio to the two other DACH countries: Austria and Switzerland.
The ambitions in Frankfurt are large, says Dierckx. By the end of the year the focused innovation and change consultant eyes a team of 15 people. To lead the drive, ::projective has brought in Bernd Richter, previously was a partner at Capco in Germany, where he worked and build up the firm’s footprint for sixteen years. Prior to that he worked for Capgemini Consulting.
The focus of ::projective in Germany will to a large extent mirror the firm’s European service and capability portfolio to the financial services sector. The firm serves the market exclusively with experienced professionals – “The financial services space is complex – knowledge and experience allows us to provide the best service possible to our clients. As an independent innovation and change firm we implement tailored solutions, leveraging our proven track record.” remarks Dierckx.