Raiffeisenbank enhances CTS system with a new SRDII module from CTS TRADE IT

Raiffeisenbank has implemented the SRDII (Shareholder Rights Directive II) module within the CTS system, which is part of the functionality of the system developed by CTS TRADE IT. The module reflects the requirements of the European SRD II directive and supports the transparent exercise of shareholder rights and the effective management of general meeting agendas.

The SRDII module is used to record, manage, and automatically process requests for disclosure of shareholders and participation in general meetings of issuers whose securities are traded on regulated EU markets. These processes require not only accuracy, but also secure and efficient technological execution – this is where CTS gives its clients a competitive edge.

Raiffeisenbank's Custody Department, which is responsible for managing clients' investment assets, will actively use the SRDII module for:

• ensuring compliance with the SRD II directive,
• receiving and processing messages in ISO 20022 (MX) format,
• managing voting instructions, recording resolutions, and forwarding requests to entities in the custody chain.

With this enhancement, CTS is moving into the ranks of leading European custody systems that cover the complete lifecycle of securities, even in the context of regulatory requirements.

Karolína Staňková, Head of Custody Product at Raiffeisenbank, said:

"The implementation of the SRDII module from CTS TRADE IT represents a significant step for us in the digitalization and automation of custody processes. The new solution will enable us to efficiently process regulatory requirements and prepare us for communication via the new ISO standard. Cooperation with the CTS team is always very professional, and we appreciate their ability to respond flexibly to our needs and regulatory changes."