Raiffeisen Bank Polska has signed a contract with Comarch to implement a complex system for handling brokerage house operations. The project covers the realization of a central transactional-recording system as well as applications, which support the work of brokers and dealers in a headquarters as well as providing transactional internet tools for clients.

‘The modern brokerage system should allow the effective handling of individual and institutional clients interested in operations on various markets, or in the use of specific transactional and algorithmic tools that react quickly to new information as well as the non-effectiveness of the market’, says Grzegorz Prosowicz, Comarch Business Development Manager responsible for capital markets.

‘The product we are entering the market with guarantees a high degree of flexibility for the instruments and markets that it handles while at the same time fulfilling the growing requirements with regards to the order processing speed, increased data volumes as well as openness in communication’, Prosowicz adds.

‘The launch of Raiffeisen Bank Polska’s brokerage house does not only supplement the current offer for our clients. We also want to reach the most active individual investors and offer them investment perspectives that have been the standard for many years on mature capital markets.

The realization of this project, together with Comarch, is mainly connected with new possibilities that will be brought by the expected replacement of the Warsaw Stock Exchange transactional system’, says Jacek Wisniewski, Investment Banking and Economic Analysis Director at Raiffeisen Bank Polska.