With its roots in the financial sector, working with financial companies in Scandinavia, the SDC Group supplies IT services to support Scandinavian clients' business development and increase their competitive edge with all-round solutions which create added value across national boundaries.
The SDC group originally emerged from the association of Danish savings banks' computer centres. The association was established in 1963 in order to meet the electronic banking needs of Danish savings banks. Then as now, the basic concept was: working together to achieve lower costs for the individual through economies of scale.
The first centre under SDC, the Copenhagen centre became operational in 1964. In 1966 another centre was opened in Århus and another in Odense the year after that. At the time it was important for the savings banks and operational centres to be close to one another.
As the 1960´s progressed, SDC's market share increased sharply. By the start of the 1970´s - just ten years after being established - virtually all Danish savings banks which needed EDP services had joined SDC.
With the introduction of online technology at the beginning of the 1970's the centres in Århus and Odense were closed and all the operations were combined first in Copenhagen and were subsequently transferred to SDC's present premises in Ballerup. The number of system solutions offered by SDC expanded in line with the savings banks' growing needs. Legislation was also a key factor in this. A review of banking and savings bank legislation in 1975 finally put the commercial activities of savings banks on a par with banks, enabling savings banks to expand their activities to include commercial customers and foreign transactions