Dorsum through the years
Successful companies don’t just miraculously appear. The story of Dorsum begins with the tale of four determined financial market pioneers and continues with hard work, moving slowly, but surely towards well set goals. Looking back, it is clear that Dorsum has always been about looking forward. When founded, the owners dream was to create a successful securities and IT company with a strong presence in Central-Eastern Europe.
The first years and the first success
The epic ride starts in a small office with only six people, building concepts on providing a wide range of software focusing on the financial services industry.
In little less than a year, the first back office software, the pioneering solution of the renowned Clavis Financial Systems is released for two banks and a brokerage firm. A year later, winning the first significant tender with the Hungarian State Treasury puts Clavis on the map of some of the largest financial institutions.
Establishing strong presence on the market
The beginning of the new millennium brought a tenfold increase in the staff number and by this time half of the Hungarian brokerage firms were using Clavis solutions to support back office tasks. Innovation took center stage again with the launch of the first significant web-based tool. The next leg in the journey in establishing strong presence was supplying Hungary’s market leading credit institutions (OTP, MKB, CIB) with investment service systems.
As part of our long-term goal, entering markets abroad, we established our first subsidiary in Sofia, Bulgaria.
New products, new user experience
We celebrated great accomplishments, and soon announced opening another new subsidiary in Bucharest, Romania. We also expanded our partnerships, and teaming up with Norwegian Infront AS unveiled new opportunities for launching new products with completely new user experience.
A market-leader company in IT solutions
We continuously entered new market segments and broadened our product portfolio. We embraced mobile devices by developing applications for Android, iPhone, and iPad.
Over more than 15 years of operation we have made great strides, we have shaped a strong company through innovation, and built lasting relationships with our clients and colleagues. We realize there is always room for improvement, and we are excited to see what is ahead of us.