Press Office

The agreement covers the implementation and the launch of PROMAK TS in the IT environment of GPW, and making the solution available to GPW's customers. It is a proprietary solution of Asseco Poland and it meets the requirements of the EU MIFID II Directive, which will become effective from the beginning of 2018 and will significantly change the distribution of financial products in Poland. Thanks to the implementation of the system, brokerage staff will receive a high-performance, modern and fully integrated solution that enables trading of financial instruments listed on GPW.

This is the first project of Asseco Poland implemented jointly with GPW. We hope that this agreement will help us with expanding the cooperation in the future, said Director of the Capital Markets Division in Asseco Poland Artur Trunowicz. In our product development the priority are not only technological requirements, but above all the expectations of the business side. Our goal in this project will be to modernize the solutions offered by the stock exchange and to simplify their administration. The best tool to achieve that goal is the implementation of the PROMAK TS system, which meets the requirements of the new MIFID II regulation,he added.

Under one system, GPW clients will gain the access to current market information, order management and brokerage firm risk. This will allow efficient and instant communication with the market and make it easy to control the flow of orders transferred. The solution will also offer the participants of GPW the access to the UTP transaction system both through a dedicated application and a web channel. Therefore, investors will be able to enjoy all the functionalities of the system at any time and place.

We have been cooperating with Asseco Poland for years as a solution provider for brokerage houses, but for the first time we are implementing a joint project for GPW. We have high hopes for this project and we hope that our clients will receive a modern and effective solution, said Dariusz Kułakowski, Member of the Management Board (CIO) of GPW.

According to the contract, the implementation of the PROMAK TS system will begin in the autumn of 2017. The launch is scheduled for January 2, 2018 - the first session day of the new year. Asseco Poland will also provide at least 3 years of service support for the solution.

The Asseco’s financial results were boosted particularly by the sales of proprietary software. The revenues in that category increased by 10% on annual basis to PLN 6.4 billion, and accounted for over 80% of total sales. In addition, the Group’s revenues are well diversified both when it comes to geographical regions and sectors.

There are few leaders in the market who can meet the short-term expectations of the environment and at the same time ensure a solid long-term performance. Adam Góral is a co-founder of Asseco Poland and has served as its CEO for more than 25 years. During that period, the Company was transformed into the Asseco Group, which is currently present in over 50 countries around the world and employs approximately 22,000 people.The rank is available at www.hbrp.pl

Our Company was represented by: Member of the Supervisory Board Dariusz Brzeski and Corporate Manager responsible for coordinating activities in Africa Cezary Miksa. The key event during the visit was the Poland-Ethiopia Business Forum, with the participation of President of Poland Andrzej Duda and President of Ethiopia Mulatu Teshome Wirtu, among others. During the Forum the representatives of our Company presented the Asseco Group and its operations in Africa, especially in Ethiopia.

During the next meeting we presented the results of Asseco's cooperation with the Ethiopian governmental agency - the Information Network Security Agency (INSA). Under the agreement, the Company has provided and launched a comprehensive data management IT system, based on the Company's proprietary Asseco Utility Management Solutions (AUMS) software. Our company has also provided consulting services, related, among others, to the development of the ERP software, as well as the transfer of knowledge and information technology enabling the construction of a modern energy market in Ethiopia. The meeting was attended by President of Poland Andrzej Duda, Head of the President's Cabinet Krzysztof Szczerski, Ambassador of Poland to Ethiopia Jacek Jankowski, General Director of INSA General Teklebirham, and Minister of Labor and Social Affairs of Ethiopia Abdullah Abdullahi.

While talking about the success of the Polish companies' expansion in Africa, President Andrzej Duda repeatedly referred to Asseco. The activity of our Company in Ethiopia was also one of the topics discussed during individual talks between the President of Poland and the President of Ethiopia. President Andrzej Duda gave an example of Asseco even in his speech in the African Union - said Dariusz Brzeski, member of the Supervisory Board of Asseco Poland. This recommendation is a great support for Asseco as it confirms our experience and enhances the chances of winning further projects in the region - he added.The Asseco Group has been constantly strengthening its position on the African market. Last year, Asseco Software Nigeria (ASN), a subsidiary of the Asseco Group, signed two new contracts in the banking and insurance sector in Nigeria. They are being implemented in the cooperation with Asseco Poland and Asseco Central Europe. In addition, the company has organized workshops in Angola for nearly 80 representatives from the energy and public sectors.

Asseco Poland was included in the list of the top 25 employers prepared by Gazeta Finansowa. The company, which employs nearly 3,000 people across the country, has been appreciated for enabling dynamic professional development on the largest IT projects, as well as the access to a wide variety of training and language courses and postgraduate studies. Employees can also benefit from a wide package of social benefits. In addition, the Company supports their sport passion through the Asseco Active Team programme and engages them in social activities through the "We Help" charity programme. The company also has a wide offer addressed to students and graduates.

It is the country holding the second place in terms of economic growth - said Tomasz Bendlewski on the Polish Radio. I am convinced that African countries are a future, that this place has tremendous growth potential. European and Polish companies should invest in that future - he added.Tomasz Bendlewski's commentary in Panorama and on the Polish Radio