Strategic Alliance Between Helaba and Schwarz Digits Targets AI Innovation and European Data Independence

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(IN BRIEF) Helaba and Schwarz Digits have formed a strategic partnership to jointly develop digital solutions that reinforce the financial sector’s digital sovereignty and adhere to European values, transparency, and data protection standards. The collaboration will leverage open source technologies to deliver innovations in artificial intelligence and digital marketplaces. As part of Schwarz Digits’ DataHub Europe initiative, the partnership will help build secure, sovereign data infrastructure within Europe. Leaders from both organizations emphasized the importance of digital independence in ensuring economic resilience and positioning Europe as a leader in secure, future-oriented technologies.

(PRESS RELEASE) FRANKFURT, 14-Aug-2025 — /EuropaWire/ — Helaba (Landesbank Hessen-Thüringen) and Schwarz Digits, the digital specialist of the Schwarz Group, have entered into a strategic partnership to develop digital solutions that enhance the financial sector’s digital sovereignty while upholding European values and regulatory standards. The collaboration combines Schwarz Digits’ technological expertise with Helaba’s deep financial sector knowledge, with a focus on innovative applications in areas such as artificial intelligence and digital marketplaces.

Central to the initiative is the commitment to open source technologies, transparent processes, and strict compliance with European data protection and security requirements. By aligning their strengths, the partners aim to set new benchmarks for secure, innovative, and sovereign digital solutions within the financial services industry.

“A critical factor in ensuring the financial sector’s future success is its digital independence, especially when it comes to AI applications,” said Philipp Schwaab, Helaba’s Chief AI Officer. “That is why we are thrilled to be teaming up with Schwarz Digits, a strong partner with whom we will be able to set new standards together.”

Bernie Wagner, Executive Vice President Sales & Marketing at Schwarz Digits and CEO of STACKIT, added: “By partnering with Helaba, we are gaining a leading financial institution to complement our network of partners. This partnership is a major step in driving Europe’s digital independence and shoring up the resilience of our economy.”

The cooperation is part of DataHub Europe, an initiative launched by Schwarz Digits to create sovereign, Europe-based data infrastructure that enables organizations to store, manage, and access their data securely while complying with legal frameworks. This infrastructure aims to strengthen Europe’s digital autonomy and offer businesses and institutions an alternative to non-European platforms.

Media Contact:

Rolf Benders
Head of Communication / Press Officer
+49 152 / 25 66 73 80

SOURCE: Helaba

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