Central & Eastern EuropeRSS

Russia’s largest bank joins Wolters Kluwer customer list

Wolters Kluwer gains new client for OneSumX

Russia-based Sberbank has implemented Wolters Kluwer’s risk management solution, OneSumX, to streamline its treasury operations. OneSumX will enable the bank to perform dynamic simulation, market risk analysis and liquidity risk analysis, says the vendor. There was an extensive system selection, says Wolters Kluwer, with around 30 providers on the long list. Andrey Prudnikov, treasury director […]

Banka Kovanica in core banking system revamp with ABBA

Banka Kovanica modernises core banking software

Croatia-based banking software developer, ABBA, has gained a new taker of its flagship core banking system, NovaDoba. This is a local bank, Banka Kovanica d.d. Varaždin. The agreement was signed in early March, “following months of negotiations”, says the vendor. The work on data migration and the implementation of the new solution has already begun. […]

Turkey listings advance LSE’s derivatives ambitions

Representatives of Borsa Istanbul attend the market open at the LSE, 11 September 2015

The London Stock Exchange says that the launch of Turkish derivatives on its derivatives market represents part of the long-cherished goal of growing its derivatives business around the world. It also represents the exchange’s ‘open access’ policy.

Russia’s NSD introduces off-exchange settlement

MTS wants to use mobile technology to boost financial services in Russia

Russia’s central securities depository NSD has implemented back-to-back settlement technology for off-exchange delivery-versus-payment transactions with securities denominated in Russian rubles. The bank accounts and transactions may be in rubles, US dollar, Euro and Chinese yuan.

Bringing the channels together


Can the right combination of self-service device management, cash management and end-to-end transaction monitoring enable banks to embrace enterprise-wide performance awareness, and take a holistic approach to managing their multi-channel banking environments?

SIA to connect Hungarian CSD Keler to T2S


SIA, in partnership with Colt, has been awarded the contract to connect Hungarian central securities depository Keler to T2S, the new single European platform for the settlement of transactions in domestic and cross-border securities.

Idea Bank experimental bank branch opens doors

Idea Bank is targeting its new hub at entrepreneurs

Poland’s Idea Bank has launched an experimental branch aimed at corporate clients. The ‘Idea Hub’ bank branch was created to test the idea that innovative bank branches can attract customers and provide a complementary service to online and mobile banking services.

EBRD sets sights on Romania as reforms gather pace

EBRD sees potential in the Bucharest stock market

The European Bank for Reconstruction and Development and the Bucharest Stock Exchange are seeking to attract international investors to the Romanian stock market, following the launch of an ambitious government reform programme aimed at getting the country upgraded from frontier to emerging market status.

Polish mobile payments platform prepares for launch with six banks

Poland's mBank aims to take on Poland's other mobile payments providers with help from Orange

A new bank-run mobile payment service is set to launch in Poland next month, following collaborative efforts between six Polish banks. The new service will allow customers to make payments in stores and online, withdraw cash and send P2P transfers, all using their mobile phone.

“Mobile is the future” says Garanti Bank

Turkey is an innovative market for mobile financial services

Banks are pioneering advanced technologies in Turkey, giving the country a headstart over many of its European counterparts. In Istanbul, Garanti Bank explained how it pays for its customers to get mobile internet access – and how it is using social media to attract and keep customers.