FMS Wertmanagement Service GmbH (FMS-SG) is a specialist financial services company with almost 300 employees across its offices in Unterschleissheim (near Munich), Dublin and New York.
FMS-SG is a wholly owned subsidiary of FMS Wertmanagement AöR (FMS-WM), an entity established in 2010 as the German Federal Government's winding-up institution for the nationalised Hypo Real Estate Holding AG.
At the beginning of 2012, FMS-WM decided to establish a service company to take over the servicing of FMS-WM's international and complex portfolio. In October 2013, FMS-SG took over the servicing of FMS-WM’s portfolio as well as the operational activities as its universal service provider. Since the beginning of 2017, FMS-SG has also been responsible for the Operations department of its sister company DEPFA Bank plc. FMS-SG sees itself as a first-class provider of all-round services in the management and settlement of complex and non-performing assets for its clients. In doing so, it makes a long-term contribution to stabilizing the financial market and minimizing losses for the German taxpayer. FMS-SG is licensed by the German Federal Financial Supervisory Authority (BaFin) to provide financial services and is therefore authorized to provide investment brokerage and advisory services, contract brokerage and financial portfolio management.