Cedacri is an Italian provider of outsourced banking technology, based in Milan. Its website lists core banking modules for channels, finance, governance, payments and lending, together with full outsourcing, business process outsourcing, AML regulatory reporting, digital signature and certified email, and a technology infrastructure and cloud offering. Its services are delivered to banks as managed services, so the bank's processes and data run on Cedacri's systems.
The website states that Cedacri is part of the ION group but does not name its shareholders or the location of the group's head office. Press reporting describes ION as privately held and controlled by its founder, Andrea Pignataro, while sources give differing head-office locations for the group, including London and Ireland. The pages consulted do not state where the data centres are located or publish a GDPR statement. A European bank should therefore ask for the hosting locations and the data-processing terms, and check how group ownership affects access and control.