Press Office

The jury of the competition appreciated PROMAK TS - an innovative system for trading in financial instruments, which was implemented and launched on the WSE for the first time. It is available to brokers operating on the WSE since January 2 2018 both in the form of a dedicated application as well as a web version. The project was carried out in a record time (5 months from the signing of the agreement). The new solution provides traders from Poland and the European Union with direct access to trading on all WSE's markets without any geographical restrictions. It also enables secure access to current market information, effective order management and fast and efficient communication.

In product development, we focus not only on technological requirements, but above all on expectations of the business side. Our goal in this project was to modernize the solutions offered by the exchange and to simplify their administration. The best tool to achieve this was the implementation of the PROMAK TS system. It was Asseco Poland's first project carried out jointly with the WSE and we hope that in the future we will have an opportunity to expand our cooperation. It is also an important reference for us thanks to which we can try to implement our products on foreign stock exchanges, said Artur Trunowicz.

PROMAK TS provided the WSE with the freedom to choose the way of the access to the UTP trading system, thanks to which traders can receive information on the current state of the market or the quotations of instruments through two independent solutions. Thanks to the implementation, the WSE has become one of the most modern trading floors in the world. Solutions of this class in Europe are used only by the London Stock of Exchange.The Congress of Electronic Economy is an event bringing together key representatives of public and local government administration, financial and scientific circles, whose activities contribute to the development of modern electronic economy in Poland. This year's Congress was organized by the Polish Bank Association and the Banking Technology Forum.

Read more about PROMAK at: promak.asseco.com

Asseco EBP is a state-of-the-art electronic banking solution offered to small and mid-sized companies as well as to corporate clients.

As part of our demo presentation, we will also show how banks can improve the process of providing companies with services by implementing the Asseco Advisory Banking Platform (Asseco ABP), said Marcin Kwilosz, Product Manager, Asseco Poland.Thanks to the combination of benefits offered by Asseco EBP and Asseco ABP, banks can quickly respond to the changing needs of their customers and build lasting relationships with them, added Marta Mróz-Sipiora, Product Manager, Asseco Poland.

The Efma SME Banking Summit conference is a good opportunity for banks to learn about the trends in the creation of new services and products, as well as ways of designing the so-called end-to-end processes, thanks to which they can improve the service to their customers.Asseco's demo presentation - "New insight on Trade Finance products for SME - Digi Trade" will be held on June 14, 2018 between 2:10 pm and 2:30 pm.We cordially invite you to our presentation!

See the Efma SME Banking Summit's agenda.

For the purpose of assessing the financial position and business development of the Asseco Group, data adjusted for the cost of additional amortization of intangible assets (PPA and SBP) recognized in connection with regaining control over the Formula Systems Group, are of key importance. Excluding this negative accounting effect, the Group's profits increased at a double-digit rate: non-IFRS* operating profit increased by 19% to PLN 235 million, while non-IFRS* net profit went up by 21% to PLN 81 million.

In the first quarter we recorded very good results - the sales of the Asseco Group increased in all business segments, while profits net of the negative effect of additional amortization of intangible assets recognized in connection with regaining control over Formula Systems went up by 20%. We are driven by, among others, the banking sector and new orders related to support in adapting to important changes in Polish and EU law, as well as an increasing number of international implementations carried out by the Group's companies. Our results reflect successes in individual segments. Visible increases were recorded by the Formula Systems Group, although they were offset by the negative impact of changes in foreign exchange rates, among other factors. Asseco International achieved double-digit sales growth. Our competence center dealing with the payments segment has been developing dynamically, said Rafał Kozłowski, Vice President of the Management Board of Asseco Poland.

Currently, the Asseco Group presents its results in three key geographical segments: the Polish market, the Israeli market, i.e. the Formula Systems Group, and international markets managed by the Asseco International holding.The Group's results were mainly influenced by foreign markets. Israeli companies had a good quarter. Revenues were maintained at a stable level and amounted to PLN 1.3 billion. The decrease in operating profit by 22% to PLN 57 million was mainly due to the impact of additional amortization of intangible assets recognized in connection with regaining control over the Formula Systems Group. In addition, the level of operating profit was negatively affected by exchange rate differences. Assuming the exchange rates remained at last year's levels, both operating income and operating profit would be by 14% higher. Asseco International, which is responsible for other international markets, increased its revenues by 14% to PLN 574 million. Organic growth was supported by last year's acquisitions of the Slovakian CEIT and the Polish company Macrologic. On international markets, Asseco has benefited from increased demand for the ERP solutions, and expanded its offering of advanced products for the industrial, banking and financial sectors. There was a significant improvement in the area of payments, particularly in the area of the ATM maintenance services.On the Polish market, revenues increased to PLN 316 million and the operating profit was higher by 41% and amounted to PLN 56 million. Asseco Poland had the greatest impact on the improvement of these results, as it was particularly successful in the banking sector. The results in the public sector also improved.

According to the list of the "Wprost" weekly, last year the Polish exports increased by 10% on annual basis. The value of the Polish exports reached almost EUR 204 billion.Asseco owns companies located in over 54 countries worldwide and employs more than 24,000 people. Last year, the Group developed significantly on foreign markets, in which it generated 80% of its sales and successfully conducted new acquisitions.

The UniCloud platform, which has received the main award, was introduced to the market 3 years ago by the Data Center of Asseco Data Systems. The interest in the service has been constantly growing and it has been receiving positive opinions of users, mainly programmers, administrators and heads of IT departments. The solution is available in the PaaS - Platform as a Service model and enables quick and intuitive creation and management of IT environments, while providing a wide range of tools and support for programming languages.

Winning the Best in Cloud competition is very important for us, especially due to the fact that the jury, which voted for particular solutions, included IT managers of the largest Polish companies. It also confirms that one can still stand out in such a competitive market of cloud solutions. The UniCloud platform is an advanced cloud solution that can be used to support software development processes and to successfully carry out production implementations, as confirmed by our customers, said Marcin Lebiecki, Director of the Data Center of Asseco Data Systems.

The final stage of the competition also included the Asseco Customer Banking Platform (Asseco CBP) solution, available for cooperative banks through the Internet Services Centre (CUI).Asseco CBP is a unique tool for Internet and mobile banking, based on the innovative concept of mini-application, which provides unlimited opportunities for sharing personalized products and services. Thanks to the cloud, cooperative banks gain a tool enabling flexible adjustment of banking services to the needs and habits of their customers.

Security and benefits provided by the solution available in the cloud have encouraged over 120 cooperative banks in Poland to use it. What distinguishes this product from other solutions in the market is its extreme flexibility. Asseco CBP provides its users with a mini-application boutique which allows for a flexible creation of an offer. It is also distinguished by its innovative approach to designing the appearance of the system and the possibility of free profiling of functionalities and offers for different groups of customers within a single system. In short, it is a tailor-made product for banks, said Marta Mróz-Sipiora, Product Manager, Asseco Poland.

The award ceremony took place on May 22 2018, during the "Best in Cloud" conference in Warsaw Spire.

The title of "Visionary" was awarded for the investment in the Israeli company Formula Systems in 2010 and for booking profit in 2017, which allowed to obtain funds for further foreign undertakings. For example, for Asseco Poland's announced expansion into new markets, such as the US.

When a decision was made to invest in Israel, many analysts thought that this was a bad move and that it generated too much risk. But Adam Góral had his vision, and he was able to see the opportunities offered by the Israeli market, and indirectly by the US market, and to take advantage of them, said Artur Wiza.

The "Visionaries" are awards granted to key figures of Polish business. The jury appreciates managers whose bold and long-term investments determine a company's success not only on the Polish but also foreign markets.