Advanced Post-Trade Infrastructure As A Competitive Advantage Of The Polish Capital Market.

The year 2019 is a special time for KDPW and its clients. It has been 25 years since KDPW launched post-trade services for the financial market, both locally and internationally.

Today KDPW is a capital group which offers specialised solutions for the financial sector, including a depository of non-certificated financial instruments, clearing and settlement of transactions in many markets, the payment of benefits to holders of securities, data collection and maintenance, as well as the issuance of codes and numbers.

The offered services are supported by technologies largely developed in-house by KDPW IT experts, which not only helps to align the solutions with the expectations of clients present on the Polish market but also makes KDPW independent of global vendors and the high costs of licensing

Over the years, operating in a dynamically changing market and regulatory environment, the KDPW Group has developed a package of complementary services addressing the latest requirements of the most advanced financial hubs. The Group has been authorised by regulators to provide its services and successfully expanded to international markets with its offer. The Group is adding new solutions and expects to launch them later this year.

A broad range of services

In addition to traditional solutions offered by central securities depositories, including securities records and related services (payment of dividends, split of shares, payment of benefits, etc.) as well as settlement of transactions, the KDPW Group includes a clearing company, KDPW_CCP, which operates as a central counterparty responsible for the clearing of transactions on the regulated market and in the alternative trading system and for the operation of a clearing guarantee system. Over the years the KDPW Group has expanded its offer of services for the financial market.

Trade Repository KDPW_TR

The trade repository operated by KDPW is one of nine trade repositories registered in the European Union. As a result, entities obligated to report trades under different legal regimes, including EMIR and SFTR, can meet the obligation thanks to solutions available on the Polish market. KDPW_TR users include both local and international companies: the trade repository has 254 participants in 9 countries (Italy, Lithuania, Latvia, UK, Czech Republic, Estonia, Malta, Romania, Poland). KDPW Trade Repository participants report trade on behalf of more than 25 thousand entities. More than 1.38 bn derivative trades have been reported to KDPW since the launch of the service.

Blockchain in support of the capital market

In 2019, KDPW is planning to launch eVoting, the first service available to capital market participants on a blockchain platform currently under development. eVoting will support general meetings of public companies by providing remote voting functions based on electronic channels. The service is a one-stop-shop solution for issuers which integrates the voting function with features already available in KDPW’s general meeting service, including registers of beneficial holders of non-certificated bearer shares. The service will be provided as an online application with dedicated access interfaces for issuers and for shareholders.

KDPW has over the past 25 years built an unparalleled position on the international financial market. The next 25 years is where you come in.For more information on what we can do, please visit www.kdpw.pl

Maciej Trybuchowski, President of the Management Board of KDPW and KDPW_CCP