CTS TRADE IT helps shape the future of Online Investing at Česká spořitelna

8. November 2024

CTS TRADE IT has successfully implemented extensive functionalities to enhance the investment environment in Česká spořitelna's mobile banking. This initiative not only benefits existing clients, but also targets the younger generation of investors, offering them new investment options with intuitive operation and higher quality, more efficient services.

The Investing in George section is an innovative extension of Česká spořitelna's existing George internet banking. It allows clients to invest online easily and conveniently, offering the ability to trade over 270 mutual funds, stocks, bonds and ETFs. Clients can make one-off and regular investments, monitor of their portfolio development and manage their investments anytime anywhere.

The CTS platform has introduced several attractive functionalities for Investing in George. Česká spořitelna clients can now engage in fractional investing in selected shares and ETFs, trade bonds including by subscription, structured securities, currency premium deposits and share subscriptions, or invest in low-cost classes of selected mutual funds. Additionally, new clients can be onboarded through investments and FX conversions, enabling the purchase of securities in foreign currency from their CZK accounts.

"Our goal is to create the best digital advisory solution on the market and become the preferred choice for clients‘ investments. As a trusted bank with 200 years of tradition, we aim to enable everyone to build their wealth conveniently in one app that offers a transparent fee scheme, access to financial markets and a wide range of investment products. We also provide investment advice and build tailored portfolios for each client through the Pocket Invest functionality. The new Investing in George represents a significant step forward in our efforts to digitize and simplify investment services. Also thanks to our cooperation with CTS TRADE IT, we can offer our clients easy and convenient investment servicing strengthening our market position and adding value for all users," says Marcela Novotná, Tribe Lead Wealth Management, Česká spořitelna.

"We are proud to have contributed to the development of investments in George by implementing new business-oriented functionalities. Our cooperation with Česká spořitelna allows us to create modern and user-friendly solutions that simplify the investment process for all clients. We believe this innovation will give Česká spořitelna a significant competitive advantage, " adds Pavel Žilák, Account Delivery Manager, CTS TRADE IT.

About Česká spořitelna

Česká spořitelna is one of the largest and oldest banks in the Czech Republic, with a history dating back to 1825. It offers a wide range of financial services, including personal and business accounts, loans, credit, insurance and investment products. The bank focuses on supporting the financial health of its customers and provides modern digital banking through the George app, making it easy to manage finances, payments and investments directly from a mobile device. Česká spořitelna is also actively involved in social responsibility supporting various community projects and initiatives.

About CTS TRADE IT

CTS TRADE IT a.s. is a Czech supplier of investment software for digitalization and automation in the finance and banking sector. In addition to its comprehensive CTS platform, which provides solutions for investment, securities trading and distribution with a wide range of functionalities, CTS TRADE IT offers tailor-made solutions to meet the specific needs and requirements of its clients. From solution architecture design, user-friendly frontend, fast backend, to integration with existing systems and secure migration of large volumes of data.

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