Austria

Over 100 years of tradition

UniCredit Bank Austria is the clear number one securities services provider, featuring a market share in international clientele of about 70%. The Bank is also the biggest clearing agent for remote members of the Vienna Stock Exchange (VSE) and represents an overwhelming market share of approx. 40% in Austria-related clean (commercial) payments.

Of all players, UniCredit Bank Austria has the longest track record, dating back to 1855. This tradition translates into a strong influence: UniCredit Bank Austria represents the Austrian Banking Federation in Target2 Securities, EuroFI and other EU-related matters

Sigla valuta: 
EUR
Contact information: 

            

Thomas Rosmanitz
Head of Relationship Management Austria
+43 50505 58515
thomas.rosmanitz@unicreditgroup.at

Stephan Hans
Relationship Manager
+43 50505 58513
stephan.hans@unicreditgroup.at

Tina Fischer
Relationship Manager
+43 50505 58512
tina.fischer@unicreditgroup.at

Address: 

UniCredit Bank Austria AG

Global Securities Services
Rothschildplatz 1, 
1020 Wien, Austria

http://www.bankaustria.at

Flag: 
Profile: 
PDF icon Market Profile Austria - January 2024.pdf
Machine name: 
austria
Sidebar image: 
Claim: 
Bank: 
UniCredit Bank Austria AG
Local links: 

CCP.A - Update

As a consequence of the postponement of the implementation of CCP.CEE due to the delay of the delivery of the new cash market clearing solution, the CCP.A’s management decided to postpone the implementation of the new fee schedule until the successful go-live of the new clearing system for the Vienna cash market. 

DOUBLING OF FINES FOR FINANCIAL OFFENCES

The National Council decided to double the fines for financial offences. As a result of the increase, as of 1 May 2012 the FMA can impose fines of up to € 100,000 for unlawful conduct of business (previously € 50,000), while the maximum fines of € 150,000 (previously € 75,000) will apply in the case of violations of money laundering provisions and for the offence of market manipulation as defined in the Boersegesetz (BoerseG; Stock Exchange Act).

CCP.CEE – IMPLEMENTATION VIENNA

In the workshop with CCP’s vendor LSEG they have identified a disproportionately high number of defects in the SICS Reporting Interface which was delivered on April 3rd as the main reason for the project delay. Due to the time period needed by LSEG to achieve an acceptable high quality software version CCP.A has decided to postpone the go-live date to the second half of October 2012. They will inform about the exact go-live day in July after performing the SICS Reporting Interface pre-tests with the first test user successfully. 

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