CDAD launches the new IT system

UniCredit Bulbank AD
Summary: 
Central Depository AD (CDAD) announced the official launch of the new IT system.
Tue, 07/04/2015

After a series of postponements, CDAD announced that the new IT system will be officially launched as of 14 April 2015. In a letter addressed to CDAD participants, the depository explained that the current and the new IT systems will continue to run in parallel and the test environment will be kept active for testing to facilitate the smooth transition between the systems and minimize the risks.

 

Impact on investors:  Changes in the post-trading infrastructure for corporate securities.  

 

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