In early 2026, the treasury and capital markets solutions, Kondor, Summit, Opics, Fusion Invest and Fusion Risk, previously part of a broader organization, were spun off and transitioned into a new, dedicated entity: Teciem. This strategic move marks a new chapter while preserving what matters most—continuity, expertise, and long-standing partnerships.
Teciem takes a focused, client‑driven approach to advancing core financial technology solutions that support the needs of institutional banks. Kondor, one of the most widely used treasury management systems globally, is the flagship solution in the Teciem ecosystem.
As part of this transition, Globit continues its journey as a trusted Teciem partner, with the same experienced team and the same commitment to client success.
Globit has maintained its established expertise in Kondor while aligning closely with the platform’s next phase of development. This partnership ensures that banks relying on Kondor continue to benefit from a stable, forward-looking ecosystem that combines proven technology with ongoing innovation.
Kondor remains one of the most widely deployed treasury management systems worldwide, supporting critical functions such as:
-Deal lifecycle management
-Position and exposure monitoring
-Risk and limit control
-Front-to-back treasury operations across a wide range of asset classes
Within the Teciem ecosystem, Globit operates as a domain-specialized partner, bringing deep expertise in treasury operations and technology execution. As one of the key enablers of Kondor in the Turkish market, Globit supports banks not only in implementing the platform, but in making it fully operational, scalable, and aligned with institutional requirements.
Globit provides:
-Structured system maintenance and ongoing support
-Integration management across complex IT landscapes
-Controlled and secure upgrade processes
From resolving day-to-day operational issues to managing complex version transitions, Globit’s focus remains on stability, continuity, and long-term system performance.
The partnership between Globit and Teciem reflects a broader strategic focus on the Turkish market and its role within the evolving treasury technology landscape.
As part of its early engagement efforts, Teciem conducted its first regional visits in Türkiye, meeting with leading banks together with Globit. These initial engagements demonstrate both a strong commitment to the local market and the importance of close collaboration between product providers and domain-specialized implementation partners.
Beyond these first steps, the partnership is positioned to deliver long-term value for banks operating in increasingly complex regulatory, technological, and market environments.
“With Teciem, we are continuing our journey within the Kondor ecosystem.ur focus remains clear: helping banks turn complex treasury systems into structured, reliable, and fully operational environments.”
– Semih Emiral, CEO
With Teciem’s industry-defining solutions and Globit’s established expertise in supporting treasury systems, institutions benefit from both continuity and forward momentum. Existing operational structures are preserved, while banks gain access to evolving capabilities and a roadmap shaped by focused investment.
Globit remains committed to enabling structured, technology-driven treasury operations, supporting banks in achieving:
-Greater operational control
-Enhanced risk visibility
-Scalable and resilient system architectures
For banks navigating increasingly complex treasury environments, the difference between a functioning deployment and a truly optimized one lies in having a partner that combines deep system knowledge with hands-on operational experience.
That is the role Globit has built over two decades—and the role this partnership with Teciem reinforces. Together, they establish a foundation for more integrated, stable, and future-ready treasury infrastructures.
