Austrian factoring and supply-chain finance bank serving mid-market firms across CEE
Intermarket Bank is a Vienna-based factoring specialist founded in 1971, now part of Erste Group. The tech stack mixes legacy banking infrastructure (COBOL, DB2) with modern cloud and analytics tools (Python, Databricks, Power BI, AWS, Azure, GCP), reflecting a bank in active modernization. Active projects span ML-driven credit risk modeling, COBOL application updates, and accounting automation—paired with pain points around DORA compliance, datacenter infrastructure upgrades, and process automation—indicating a regulatory-driven technical refresh alongside operational efficiency gains.
Notable leadership hires: Treasury Service Lead, IT Lead, Call Center Lead
Intermarket Bank provides factoring, supply-chain finance, and working-capital solutions to Austrian and CEE-region corporates. Established in 1971 and owned by Erste Group since 2017, the bank operates from Vienna with an office in Innsbruck and cross-border network reach through its parent group. The organization spans finance, sales, and support functions at scale, with emerging engineering and risk teams driving credit models and systems modernization. The product portfolio includes receivables financing, reverse factoring, and liquidity management services oriented toward mid-market trading and manufacturing firms.
The bank runs COBOL, DB2, SAP, and Python for core operations, paired with cloud platforms (AWS, Azure, GCP), analytics (Databricks, Power BI, Tableau), and enterprise tools (ServiceNow, Microsoft 365). Active projects include COBOL modernization and ML credit risk models.
Headquarters in Vienna, Austria, with an office in Innsbruck. Operations extend across the CEE region via Erste Group network partnerships. Hiring is active in Austria, India, and the United States.
Other companies in the same industry, closest in size