New Custody System (BaNCS) to be implemented in UniCredit Bank Austria

Wed, 18/10/2023

It is with great pleasure to announce that, following on the recent successful implementations of BaNCS in UniCredit Bank Hungary, this coming weekend (21-22.10.2023) UniCredit Bank Austria will be the next market to go-live with the new system.

Keeping in line with our ongoing multi-year project, with this implementation, Austria will now become the 8th GSS market to implement BaNCS.

We are also delighted to confirm that this new system has been tested extensively over the past few months by fully dedicated and experienced IT and operational teams and that we have corrected all bugs identified during this process. Should there be any unexpected developments over the coming weekend, measures are in place to ensure that no disruption occurs, and you will be duly informed of the status at business opening on Monday, October 23rd.

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

Impact on investors: For information purposes