European asset manager with 1,000+ staff modernizing legacy finance infrastructure
Union Investment is a major European fund manager serving retail and institutional investors across equities, bonds, mixed funds, and real estate. The tech stack reveals a hybrid-legacy modernization effort: heavy SAP infrastructure (S/4HANA, BW/4HANA, BTP, Analytics Cloud, Datasphere) paired with cloud-native tooling (Kubernetes, Docker, Spring Boot, Azure adoption). Active hiring across engineering (20 roles), data (12), and security (7) — combined with projects targeting SAP module customization, datalake security integration, and process automation — signals an organization scaling to manage compliance complexity (MaRisk, DORA) while shifting from batch processes toward real-time data platforms.
Union Investment, founded in 1956 and headquartered in Frankfurt, is one of Europe's leading fund managers. The company operates as a cooperative entity with over 1,000 employees across Germany, Austria, and Luxembourg. It serves the full asset management value chain: fund structuring (equity, fixed-income, mixed, money-market, guarantee, and real-estate funds), portfolio management, and client operations. The organization is scaling engineering and data capabilities to modernize core systems (SAP transformation, enterprise cloud infrastructure) and strengthen governance and security controls required by financial regulation.
Core systems: SAP (S/4HANA, BW/4HANA, BTP, Analytics Cloud, Datasphere). Development: Java, Spring Boot, Angular, Docker, Kubernetes, GitLab. Data & analytics: Power BI, SAP BW. Security: Qualys, OWASP, ServiceNow. Currently adopting Azure and Databricks.
Frankfurt am Main, Hessen, Germany. The company also hires and operates in Austria and Luxembourg.
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