New Custody System Implementation – Success

UniCredit Bank S.A.
Summary: 
New Custody System (BANCS) successfully implemented in Romania
Tue, 07/12/2021

It is with great pleasure that we are able to announce that today marks the first day for the start of a new era for UniCredit Global Securities Services.

Following on an ongoing multi-year project, Romania is the first market to have successfully implemented the new Custody System – BANCS and, in turn, caps off years of dedicated commitment by realizing its first major milestone towards a digital evolution.

After its first full-day in operation, we are also pleased to report that no interruption in service was realized, reinforcing our repeated commitment to ensure as little to no impact for our clients.

This implementation reinforces our continued commitment to service excellence, both near and long-term. We are extremely proud of having been able to take this first step together and, as always, thank you for the trust given to us.

 

Impact on investors:  New Custody System implementation concluded successfully with no impact to existing operations.