Raiffeisen Bank Romania partners with CTS TRADE IT to enhance securities services operations

13. May 2024

Raiffeisen Bank Romania (Raiffeisen Bank S.A.), a major player on the Romanian banking market, has selected the CTS platform from CTS TRADE IT as the backbone of its operational infrastructure for securities.

In a significant stride towards modern operations, Raiffeisen Bank Romania has opted for the cutting-edge CTS platform, provided by CTS TRADE IT, a leading Czech company specializing in investment banking software. The decision underscores Raiffeisen Bank's commitment to leveraging state-of-the-art technology to streamline securities services operations.

In progress since February 2024, the implementation of the CTS platform promises to furnish Raiffeisen Bank Romania with a robust framework for overseeing and expanding its business endeavors.

Andrei Mezdrea, Head of Securities Services, articulated the strategic significance of integrating the CTS platform into the bank's operations, stating, "Implementation of the CTS platform marks a pivotal milestone for the Raiffeisen Bank Romania as we embark on improving operational excellence and enhancing the services offered to our customers with a performant back-office solution for financial instruments, such as investment funds, certificates, bonds, structured notes, etc. Selecting CTS TRADE IT was a natural choice for us, given their expertise, strong references from Raiffeisen Bank Czechia, and track record in delivering solutions tailored to the intricacies of investment and securities management."

Tomáš Gavlas, CEO of CTS TRADE IT, expressed joy in contributing to Raiffeisen Bank Romania’s growth trajectory, remarking, "The partnership with Raiffeisen Bank Romania and implementation of our software aligns with CTS’ aspiration to become leading provider of IT systems covering securities management in Central and Eastern Europe. We are honored to play a role in Raiffeisen Bank Romania’s journey and are confident that our platform will empower them to optimize their business processes effectively.”

Raiffeisen Bank, a leading universal bank with solid capitalization and liquidity, operates in the Romanian banking market and serves more than 2.2 million retail and corporate customers. Raiffeisen Bank has been supporting the Romanian economy for more than 25 years, offering products and financial services tailored to the needs of its customers. With responsibility as a guiding principle, we contribute to the development of society by financing the real and sustainable economy. At the same time, we are involved in the community by supporting 5 pillars of development: education, urban ecology, sports as a healthy lifestyle, innovation, arts, and culture.

CTS TRADE IT is a stalwart provider of software solutions in the finance and banking industry, offering the CTS platform as a comprehensive tool for digitalization and automation in investment and trading operations, alongside tailored solutions for specific client requirements.

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