Asseco will implement a system for treasury transactions in Austria
Asseco Poland S.A. has signed an agreement with Sberbank Europe AG, headquartered in Austria, for the implementation of the Asseco Treasury system, which includes new functionalities for processing treasury transactions. The cooperation with Sberbank Europe AG is an important step in strengthening the international position of the Asseco Group in the banking sector.
Under the agreement, Asseco will provide Sberbank Europe AG in Austria with an Asseco Treasury system, carrying out treasury transactions in the interbank market. One of the major goals of the project is to achieve a high grade of automation of the operations with Asseco Treasury Back Office system. The integration with the Murex front-end system will also allow comprehensive transaction processing to their final settlement. The deadline for completing the implementation phase is scheduled for end of October 2017.
Asseco consultants demonstrate a deep knowledge of treasury products and processes. Based on the expertise and the target-oriented approach, Asseco is our partner of choice and we look forward achieving the defined project goals together - says Zoltan Jenei, Head of Group IT at Sberbank Europe.
The Asseco Group provides software and services to banks in more than 30 countries. We have competence centers in Poland, Slovakia, Russia, as well as in the Balkans and Israel . The agreement with Sberbank Europe Group AG in Austria, a major player in the European financial market, strengthens the international position of our Group. It is also a good example of the fact that Polish IT products are appreciated and meet the high demands of the banks operating across Europe - said Vice President of the Management Board of Asseco Poland Zbigniew Pomianek.
Sberbank Europe is present in nine markets in Central and Eastern Europe: Austria, Bosnia and Herzegovina (Sarajevo and Banja Luka), Croatia, Czech Republic, Germany, Hungary, Slovenia, Serbia and Ukraine. Sberbank Europe operates 228 branches and has over 4,300 employees across the region. Sberbank Europe is a 100% subsidiary of Sberbank of Russia – Russia’s largest bank and a leading global financial institution. Sberbank Group has 140 million individual customers and 1.5 million corporate clients in more than 20 countries.
Asseco Poland is the largest Polish IT company listed on the WSE and the sixth-largest software manufacturer in Europe. It leads the international Asseco Group, which operates in 54 countries and employs over 22,000 people. Software development for banks is one of the key business areas of Asseco Poland, which offers solutions that follow the latest trends in the global banking industry. Thanks to its experience and expertise, Asseco has implemented its IT solutions (core banking engine) in more than 800 banks.