Syspertec group : Our story

1993 - 1996

With the arrival of the NCSA Mosaic web browser, access to the World Wide Web became democratized. Our founders understood that the Internet was about to change everything. However, they wagered that companies would not let go of their mainframes and the heavy investments they incurred.
This marks the beginning of Virtel whose core purpose will be to simplify the mainframe’s connection to the web and facilitate communication within heterogeneous IT environments.

1996 - 1998

There are now more than 36 million interconnected computers around the world, making the World Wide Web a phenomenal success. But more importantly, our founders made the right bet: more and more companies express the need to access their mainframe applications through the web.
That is why Syspertec develops Virtel Web Access: a light 3270 terminal emulator displayable on any web browser and that requires no installation, a significant breakthrough in emulation technology!

1998 - 2008

The introduction of SOAP (Simple Object Access Protocol) allowed for more complex webservices to emerge. Making them interact with 3270 applications became a pressing need for companies. Syspertec devised a solution to this problem : Virtel Web Integration, all while registering growing sales for Virtel Web Access.

The 9/11 attacks and the war against terrorism put KYC and terrorist financing at the forefront of banking challenges. Syspertec senses that regulations against corruption and money laundering are about to become more severe.
Which is why we decide to create a brand new business unit: Synapse.
Synapse borrows from Virtel’s protocol conversion capabilities to allow secure and automated access to legal and administrative data (Banque de France and Infogreffe).

2008 - 2015

GUIs (Graphical User Interface) reign supreme on the web and in modern applications. The outdated look and ergonomics of green screens become increasingly difficult to impose. Thanks to Virtel Web Modernization, traditional 3270 screens are easily converted into modern webpages.

The number of legal data providers grows exponentially, and Synapse becomes a multi-format and multi-source data aggregator. It allows financial actors to securely access more than 500 data bases such as Altares, Coface, and Dow Jones.

2015 - 2022

Complying to stricter regulations has a major impact in terms of productivity on operation teams. Hours, sometimes days are needed to process a single file.
Synapse develops a new feature that automates and simplifies data collection and decisions related to onboarding.

Syspertec grows its global presence by entering a partnership with  Software Diversified Services in the US.
Moreover, in an effort to accompany its clients in securing their mainframes and ensuring their maintenance, Syspertec acquires  Blondeau  (maintenance of existing applications and training for new generations),  JVL  (distribution of mainframe software developed by third parties) and IPLS  (modernization solutions for IBMi systems).

2023 - TODAY

To give more autonomy and focus to its RegTech and Mainframe activities, Syspertec Group is creating two dedicated subsidiaries. The product, development, project and customer success teams are transferred there. Support functions (Marketing, DSI, DAF) are centralized at group level.

Synapse embodies a clear vision: to provide companies with robust, scalable and collaborative RegTech solutions, capable of securing their activities in a constantly evolving regulatory environment. This new structure concentrates the group's expertise in monitoring, risk assessment and regulatory compliance and offers solutions to facilitate the daily lives of companies governed by AML-CFT laws, Sapin 2 and other compliance obligations.

The historical activity around the modernization of mainframe systems is now carried out by Virtel SAS. The companies Blondeau Informatique (training and service) and JVL (resale and maintenance of third-party software) are merged and also join Virtel, thus consolidating all technical expertise. This reorganization allows Virtel to provide an offer that covers a significant part of the needs of mainframe accounts and facilitates the readability of its activities.

Heading for growth

The relevance of these organizational choices is validated by the significant acceleration in growth which is between 10 and 15%/year for each of the subsidiaries. Allowing the group to exceed 15 million euros in turnover by 2024.