Croatia: First and second test of the Croatian SKDD-CCP system successfully completed

Fri, 17/04/2015

The first external test of the SKDD-CCP Smart Clear Inc. system was completed on 21 February, the second on 14 March 2015.

Zagreb Stock Exchange (ZSE), Central Depository and Clearing Company Inc. (CDCC) and all potential interested members of the SKDD-CCP participated in the testing. Testing included the simulation of one trading day in the ZSE system and in the system of the SKDD-CCP and the simulation of all procedures within the CDCC and SKDD-CCP systems which are necessary for settlement of transactions for one trading day for which SKDD-CCP performs the clearing.

Contact:
Jelena Bilusic
Relationship Manager, Global Securities Services Croatia
Tel. +385 (0)1 6305 137
jelena.bilusic@unicreditgroup.zaba.hr