GEOS has been developed by Software Daten Service (SDS) – a 100% subsidiary of T-Systems International. Headquarters of SDS are in Vienna.
Customers include HSBC, Trinkaus und Burkhardt, Raiffeisen Österreich and Bank Austria Creditanstalt. GEOS covers around 80% of the Austrian securities processing market.
GEOS originated from the software EOS, which was developed by the Austrian Schöllerbank in the 1980s and offered to other Austrian banks by Software Daten Service. The development of GEOS started in 1993 and the system was put in operation by a bank for the first time in 1998.