Insights

TAS is focusing on an internal community to transform skills, processes, and operating models. From compliance to the knowledge base, through to application development, AI is becoming a widespread and structured workstream.

An internal community spanning across the organization is driving seven development workstreams in the field of artificial intelligence. The objective is twofold: to spread technological culture and skills within the organization and, at the same time, to rapidly bring concrete AI initiatives into execution. "The initiative represents the evolution of TAS Lab, which started in 2023 as an experimental space and has now been transformed into a more structured and widespread community model," says Fabrizio Annatelli, AI Program Lead, alongside Gabriele Paoleschi, from the TAS AI Community. "Adopting AI on a large scale is a journey that involves structure, processes, and above all, the organization. Therefore, we need to bring people on board, support them over time in understanding the technology's potential and risks, and develop new mindsets and skills."

Involving the company's workforce

Hence the explicit focus on reskilling, considered a key lever for managing the transformation. "Not riding the AI wave today means risking falling behind. But it’s not about replacing people: the scope of skills is shifting, as is the way they are utilized," underlines Annatelli. "TAS's response was to directly involve the company's workforce: the community, open to everyone, has seen widespread participation from employees across the company."

The TAS Community

The profiles involved are diverse: from developers to business unit and department managers. Everyone participates in the seven active AI workstreams, directly contributing to project definition and execution. "In this initial phase, we are focused on internal transformation and process efficiency," notes Annatelli. "We have structured pathways, organized into different sessions, to align the community on objectives and build a concrete execution plan. AI is not just an initiative confined to IT; it represents a cross-functional lever that requires organizational coordination and a clear structuring of processes."

The three key workstreams

Among the ongoing projects, three main directions emerge. The first concerns regulations and is among the most complex. "Working with banks and insurance companies," Annatelli premises, "a priority is to strengthen internal compliance safeguards and build a framework that clarifies what can and cannot be done with AI, in light of a continuously evolving regulatory landscape." Alongside compliance, the application development workstream leverages AI to support coding, in compliance with the principles of explainability and ethics. This is a more mature area, partly thanks to the widespread use of AI in software development, where the human-in-the-loop model remains central. However, the most strategic project is the corporate knowledge base. "AI models are generic by nature," highlights Annatelli. "Value is created when they are tailored to the specific context of the company. For this reason, we are building a structured knowledge base that includes regulatory, application, and business content. The knowledge base does not only serve to train models but enables a plurality of use cases: from proactive ticket management to generating analyses, all the way to supporting operational activities. AI agents specialize in specific tasks but do not make autonomous decisions: the responsibility always remains with humans."

From experimentation to industrialization

The community has already brought several workstreams into the execution phase and is preparing for an advanced training phase, particularly on the knowledge base. "We are structuring the system to ensure localized data governance for critical content. For the most sensitive use cases, a dedicated LLM infrastructure based on open-weight models is being trialed, with an initial summary expected by May," says Gabriele Paoleschi. "This allows us to securely manage large volumes of critical documentation. Another key element is the evolution of the operating model: no more rigid technological constraints, but adaptive processes, because AI evolves too quickly to be locked into static architectures. We need a dynamic approach capable of continuously updating itself, also in line with regulatory developments."

The first Use Cases: Between Electronic Payments and T+1 Settlement

Alongside the main workstreams, TAS is developing vertical applications, particularly in the electronic payments sector. Predictive artificial intelligence is already being used for transaction monitoring in fraud prevention using mature techniques. Generative AI enables a broader scope of applications: from the corporate knowledge base to decision support for T+1 settlement, from an advanced GUI design framework for banking applications to advanced reporting systems based on natural language. "A concrete case concerns the transition to the T+1 regulation, which reduces financial transaction settlement times to one day," explains Paoleschi. "We have developed proofs of concept to support matching and reconciliation activities, which are increasingly critical today due to shortened timelines, and here AI provides decision support by intercepting anomalies and suggesting possible corrective actions."

A look at the market

Finally, TAS continues to closely monitor market developments to integrate AI into its offerings in a way that aligns with customer needs. "We are in a phase of continuous scouting," concludes Annatelli. "AI is evolving rapidly and requires a pragmatic approach to be integrated into the business at scale. It is not a vertical technology, but a cross-functional capability that must be structured and governed."

English version by TAS

Original article from AziendaBanca by G.C. : https://www.aziendabanca.it/notizie/tecno/tas-nasce-la-community-per-scalare-ai

During the event “T+1: Implementation Has Begun”, Bancaforte spoke with David Mogini, Head of Capital Markets Business Unit at TAS, about the impact the new regulation will have on banks, market participants and the broader financial ecosystem, as well as the solutions that can turn compliance into a strategic opportunity.

Mr. Mogini, which processes will be most affected by the new regulation?

The transition to T+1 represents a significant shift in the post-trade operating model. It is not simply a matter of shortening the settlement cycle; it requires a fundamental rethink of the entire value chain.

The areas most affected are matching and confirmation, which must now be completed on the trade date (T), settlement, which requires more dynamic management of instructions, fails and partial settlements, and liquidity management, which becomes intraday and highly time-critical.

In addition, there is a growing need for integration with corporate actions, which are becoming increasingly interdependent with the settlement cycle. Interactions among these processes are now intraday and tightly interconnected: errors or delays upstream are immediately propagated across the entire processing chain.

How do you support clients in managing liquidity and the broader operational impacts?

Our approach is based on the understanding that T+1 is not simply about accelerating processes—it is about managing greater complexity.

Solutions must provide an integrated view of liquidity across both central bank and commercial bank money, granular monitoring of market- and counterparty-specific cut-off times, and intraday forecasting capabilities. These are complemented by auto-funding functionalities, automated matching and proactive exception management.

Many of these capabilities already exist, but they must be redesigned to operate in real time and in a coordinated manner. From an architectural perspective, we are evolving towards event-driven and streaming-based models that enable real-time data processing and move beyond traditional batch-oriented approaches.

At the core of this transformation is the introduction of end-to-end orchestration mechanisms, enabling continuous monitoring, intelligent exception handling and intervention prioritization. The objective is to make the post-trade value chain more seamless, integrated and responsive—not only to monitor operations, but also to support timely and effective decision-making.

What challenges are you encountering? Are banks ready?

The main challenges are not purely technological; they are also operational and organizational.

From a technology standpoint, system fragmentation remains a major issue. Current architectures were designed around separate domains and sequential processes, whereas T+1 requires real-time coordination across highly interdependent workflows spanning multiple business areas. Coordination does not necessarily mean that all processes must be managed through a single platform; rather, organizations need tools that provide a unified and integrated operational view.

A second challenge is exception management. What was traditionally handled overnight must now be addressed intraday, requiring higher levels of automation, alerting capabilities and robust Data Quality Management from the earliest stages of trade capture. This includes bringing data enrichment activities forward into the matching phase—for example, the early identification of the Place of Settlement.

Finally, there is the organizational dimension. T+1 demands closer collaboration between business and IT teams to design intelligent, automated processes, while also redefining the boundaries between middle-office and back-office functions.

The real question is not whether banks are ready, but whether their operating models are designed to function in real time. In many cases, the answer is still no. However, the entire ecosystem is moving rapidly in this direction.

In this context, we believe market participants should embrace the principle of “zero additional people”, leveraging automation, Straight-Through Processing (STP) and rule- and AI-driven decision-making models.

Institutions that can effectively orchestrate matching, settlement, corporate actions and liquidity processes will be able to turn T+1 into a competitive advantage, improving productivity while reducing the overall cost to serve.

English version by TAS

Original article from Bancaforte

Milan, March, 16, 2026 - TAS Group, a leading international developer of software solutions for payments, e-money, and financial markets, announces the appointment of Salvatore Borgese as Chief Executive Officer. This appointment marks a strategic evolution for TAS, which aims to consolidate its global leadership in the digital payments and financial services sector by combining operational continuity with a decisive push towards technological innovation.

Salvatore Borgese succeeds Valentino Bravi, who has led the company over the past 15 years through a fundamental financial recovery and profound modernization of its core platforms, positioning TAS as a benchmark in the European banking software ecosystem and technological innovation.

With a view to continuity and a long-term vision, Valentino Bravi will accompany the transition by remaining an investor in the Group alongside Rivean Capital.

The arrival of Salvatore Borgese brings to TAS a wealth of high-level expertise, gained during a long career at the top of leading Italian and pan-European payment system companies. Salvatore Borgese has over 30 years of experience in the financial sector, with a career focused on developing strategies with a strong focus on technological innovation. After starting out at Banca CRT (now UniCredit), he held senior positions at NTT DATA (formerly Value Team), the Nexi Group (formerly ICBPI), and Intesa Sanpaolo, where he was General Manager of Banca 5 and subsequently General Manager and Chief Commercial Officer of Mooney. He has also held institutional roles in the payments industry, including board member of EPC, Bancomat, and CBI, Vice President of APSP - Payment Service Provider Association, and is currently a lecturer at the Catholic University of the Sacred Heart and a member of the CeTIF board - Banking Division.

The new CEO's vision, focused on the integration of banking services and digital platforms, aligns perfectly with TAS's ambition to accelerate the migration of financial institutions to cutting-edge cloud infrastructures and SaaS models, while ensuring the solidity that has allowed the Group to currently manage over 100 million payment cards and solutions of fundamental importance for the Eurosystem and the core banking systems of major Italian and European banks.

TAS Group Chairman Fabio Benasso said: "We are thrilled to welcome Salvatore Borgese to the helm of TAS. His pioneering vision in digital payments and in-depth knowledge of hybrid banking services are the ideal assets to lead the Group to new heights. Special thanks go to Valentino Bravi for leading TAS with a strategic vision that has ensured solidity and consistent growth in recent years."

Giuseppe Franze, Partner at Rivean Capital, the investment fund that holds a majority stake in the TAS Group, commented: "The arrival of Salvatore Borgese, supported by his deep experience in the fintech sector, represents a guarantee of strategic continuity and ambition for us. TAS today represents a leading technological excellence on the international scene, and we are confident that, under his leadership, it will consolidate its position as a preferred partner for financial institutions. I would like to express my deep gratitude to Valentino Bravi for the extraordinary work he has done and for the value he has created at TAS over the years. I am also happy to continue working alongside him, sharing his vision and commitment to supporting the Group's future development."

Valentino Bravi emphasized the significance of the handover: "I am leaving the operational leadership of TAS with the pride of having helped transform this company into a solid and recognized international player. The handover to Salvatore Borgese is a choice of continuity and perspective, designed to ensure the Group's sustainable and ambitious development over the next decade. I will continue to support TAS as a shareholder and as a member of the Board of Directors, alongside Rivean, providing my experience and strategic vision. Founded over 40 years ago and present in key European markets, TAS, with the arrival of Salvatore Borgese, is preparing to write a new chapter focused on the scalability of its solutions and strengthening its presence in high-potential European markets, confirming its position as a leading technology partner in the digital transformation of the global financial sector."

"I am delighted and proud to be part of an organization of absolute excellence and international standing like TAS, where I can continue the experience gained over the years in the financial services sector, which has undergone radical changes driven by technological innovation," said Salvatore Borgese, the new CEO of TAS. "I believe one of the most important challenges we must overcome immediately is to increasingly organically integrate high-impact innovative models such as AI and new products in the Digital Assets area into our operations, ensuring that these developments can generate value for the future of TAS and its clients."

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Milan, September, 2025 - TAS SpA (hereinafter "TAS"), a leading company in the supply of software and services for banking and financial applications, in Europe and the Americas, announces the entry of David Mogini as Head of the Capital Markets Business Unit.

With over 30 years of experience gained in leading international consulting firms and in the banking sector, David Mogini brings to TAS an in-depth knowledge of the financial market and its main business areas: capital markets, commercial and transaction banking, wealth and asset management.

Throughout his career, he has led major transformation and innovation programs for prominent players in the financial sector in Italy and abroad, focusing on strategy, operations, digital & IT transformation, and open banking.

Thanks to his strategic vision, ability to build strong relationships, and strong innovation mindset, David will support TAS in expanding its Capital Markets offering, further strengthening the company’s role as a key technology partner for the industry.

Milan – February, 27 2025 Worldpay, a global leader in payment solutions with a presence in 146 countries and the processing of over 50 billion transactions annually, and TAS, an Italian ICT company specializing in payment systems and transaction processing, announce a new partnership to simplify and broaden access to digital payments to the Public Administration.

A strategic partnership to offer merchants a turnkey solution for integrating pagoPA payments into their applications, thereby expanding opportunities for citizens and businesses.

The integration of Worldpay’s acquiring and processing solutions with TAS’s PayTAS platform enables merchants, app developers, and payment service operators to join the pagoPA network and easily offer the collection and payment functionalities of pagoPA, without the need to develop complex infrastructures. Already adopted by numerous banks, payment institutions, and many prominent public entities and creditors, PayTAS is a platform that streamlines the collection process and digitizes payments to the Public Administration and other entities participating in the pagoPA system. It facilitates connection to this system, both as a Technology Partner and as a Payment Service Provider (PSP).

“The collaboration with Worldpay allows us to extend the value of PayTAS and offer, even to third-party operators, a turnkey solution for pagoPA payments that can be easily integrated on online channels, physical networks, mobile devices, and state-of-the-art physical POS systems. With Worldpay, we are also working on introducing innovative payment processes and tools,” said Stefano Macchi, Technical Sales Representative at TAS.

“Thanks to this integration, anyone wishing to offer payments within the pagoPA network will be able to do so simply and without technical complexities, thereby expanding the available channels for citizens and businesses while ensuring competitive rates”.“Working with TAS and pagoPA is an important milestone, as it makes Worldpay part of the change and innovation in digital payments to the Public Administration. The advanced security and speed of transactions ensure a smooth and satisfying payment experience, affirming the cutting edge of our payment solutions.”— Phil Brown, Country Manager Italy and Malta, Worldpay.

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Milan – December, 18 2024 – We are pleased to announce that TAS S.p.A., a leading provider of software and services for banking and financial applications in Italy, has obtained the UNI/PdR 125:2022 certification, recognizing TAS group’s commitment to workplace gender equality.

This certification marks a significant step toward creating an inclusive, equitable, and discrimination-free work environment where every individual, regardless of gender, has equal opportunities for growth and success.

The UNI/PdR 125:2022 certification, which provides guidelines for gender equality management systems, is a crucial tool for addressing the gender gap in the labor market. It promotes practices that foster a climate of inclusion, respect, and appreciation for diversity.

Valentino Bravi, CEO of TAS, commented: “This certification is not just a symbol of our company’s commitment; it represents a tangible act of social responsibility. Every employee, regardless of gender, has the right to fully express their potential, contributing to collective success. Our vision is to continually improve by providing a work environment where equality, employee empowerment, and mutual respect are at the core of everything we do.”

“Our journey does not stop here,” added Guido Isani, HR Director of TAS. “We will continue to monitor and enhance our policies and goals to ensure an increasingly inclusive workplace where gender equality is not just formal but a daily reality. Achieving this certification inspires us to carry on our mission with enthusiasm: promoting equality and inclusivity while contributing to building a conscious society.”

This recognition is the result of teamwork and the unwavering dedication of all TAS employees.

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TAS Iberia is launching the R&D&I PIELSEN project, which will develop a 3D homeostatic enveloping architecture to create a sensitive, intelligent, adaptive, and safe skin for building facades.

The body's ability to self-regulate to maintain internal balance in response to changes in the external environment is known as homeostasis. Human skin is a complex system that regulates the exchanges that occur between the internal organism and the external environment, whether they are thermal, acoustic, tactile, etc. As aids to this homeostasis, clothing and architecture must compensate for any differential that causes biological imbalance.

In this way, architecture is conceived as the human response to the aggressive factors of the environment in order to create conditions that make inhabiting a territory possible. The facades' envelopes are designed to fulfill a role similar to that of skin. They must always be designed to provide a coordinated response through interconnection with the rest of the building system’s components, generating an interstitial space between elements that can be understood as a homeostatic skin, reacting according to its environment and preserving the interior conditions of the dwellings, thus ensuring the habitability and health of the occupants.

From this premise comes the R&D&I project "PIELSEN: 3D Homeostatic Enveloping Architecture to create sensitive, intelligent, and adaptive skin for building facades," funded by the Ministry of Science, Innovation, and Universities under the 2017 Retos-Colaboración call. TAS Iberia, a leader in software, financial services, and sectors requiring a high level of communication and network security, has excellence partners including: FCC Construcción; Camilo José Cela University; and the Polytechnic University of Madrid through the Energy Efficiency and Internet of Things group of the Comprehensive Domotics Center (CeDInt-UPM). The project is expected to be developed over 36 months (2018-2020).

The PIELSEN System provides a new architectural element that is technically and economically viable, developed with a concept between bioclimatic architecture and Smart building. This is highly sought after today by a society increasingly aware of environmental issues, sustainability, and nature, leading to the development of solutions not only in the field of architecture and construction but also advancements related to their impact on health, well-being, the environment, energy resources, and technological innovation.

The goal is to create a skin, pores, and folds for buildings that can even generate their own energy (solar, wind, electrostatic, wind, piezoelectric...), integrating as a smart and innovative construction solution aimed at a market that reduces costs for end consumers, increases the use of clean energy, and focuses on studying the following innovations.

The research project aims to develop cutting-edge technological topics with future projection, including: cryptosystem security, closed blockchain, IoT systems based on SOA architectures, embedded devices, new sensors and biometric systems, environmental monitoring, FPGA RF/5G/IP, cloud control with Artificial Intelligence systems (AI, Machine Learning & Deep Learning), smart envelopes, Smart Cities, and Smart Building.

Milan, September, 2024 - We are proud to be among the Top 100 in the IDC FinTech Rankings for the 16th consecutive year, as a global provider of innovative solutions in card management, digital payments, financial messaging and capital markets.

The IDC FinTech Rankings evaluates and categorizes the top IT vendors based on 2023 calendar year revenues and the percentage of revenues exclusively attributed to financial institutions, including banks, capital markets firms, and insurers or directly to fintech solution providers for hardware, software, and/or services.

TAS announced the full operation of its services as a new Application Center in Italy.

The request by TAS to operate within the SITRAD (System for Telematic Data Transmission) as a standardized Application Center was approved by the CIPA Steering Committee on 24 May 2022.

From the following 1st July, TAS (in collaboration with Nexi Payments) began to provide a wide range of services related to domestic interbank applications through SITRAD, including Interbank Commercial Collections, Check Image Truncation and other fundamental interbank procedures such as Archive Alignment and Transferability, Portfolio Provisions, Transfers between Banks, Free Messages, Documented Operations and Interbank Charges Detection.

Starting from September 2023, TAS (in collaboration with Nexi Payments) has successfully activated the first banking group, Banco BPM, for the Check Image Truncation application, followed in April 2024 by the Crédit Agricole Italia group for the same application, while Banco BPM completed the activation of all services in the same month.

With the full commencement of operations as an Application Centre, TAS continues to demonstrate its commitment to providing cutting-edge solutions in the payments and financial services sector in Italy and beyond.

PierLuigi Bellinazzi, TAS Domestic ACH Manager, comments on this significant achievement: "Since the first days of my work at TAS way back in 1998, I have cultivated the ambition of seeing the company evolve into a Service Centre. Today I am therefore very proud, together with all our colleagues at TAS, to have become part of the small group of Italian Application Centers (Nexi Payments, BCC Sistemi Informatici, equensWorldLine and BANCOMAT). Thanks to our new status as an Application Center, we will be able to offer even more complete and attractive for services for Financial Institutions looking for solid and reliable partnerships in the field of financial operations."