Update on BaNCS Implementation Schedule

UniCredit Bank Hungary Zrt.
The Hungarian Central Securities Depository (KELER) held a Beta Test Forum meeting for the market participants on 28 January 2016 KELER
Thu, 28/01/2016


Please be informed that, as part of the implementation project of the KELER’s new system BaNCS, a Beta Test Forum was held at KELER today. In the course of the forum participants were informed that market tests, which were previously scheduled to March 2016, are now re-scheduled to April 2016. It has been confirmed by KELER that this change will not have any effect on the planned go-live date of BaNCS, which is set for 04 July 2016.

Impact on investors: Previously announced go-live date of BaNCS (4 July 2016) has been confirmed by KELER and remains unchanged. The market tests will involve local market participants only, exerting no influence on investors.

Related newsflashes:

Go-live Date of BaNCS - Update
Go-live Date of BaNCS is Announced
New Go-Live Date of the KELER BaNCS System