ABSL is the leading organization representing the business services sector in the CEE region. The Association is a platform to exchange knowledge, experience and best practices within the industry. ABSL Members include companies which conduct business in the area of Shared Services Center (SSC), Business Process Outsourcing (BPO), Information Technology Outsourcing (ITO), Research and Development (R&D) and companies contributing to the sector’s growth. ABSL Members are approximately 130 global investors.
The KDPW Group (consisting of the Central Securities Depository of Poland and the KDPW_CCP clearing house) ensures the efficient operation of a modern depository, clearing and settlement infrastructure for the Polish capital market. KDPW operates as a central depository and settlement institution, responsible for the settlement of transactions executed on the regulated market and the alternative trading system and for managing the central securities depository. It also performs a range of services for its participants: the processing of dividends for shareholders and processing of other corporate actions, such as assimilations, share splits and reverse splits, rights issues and general meetings. KDPW also acts as a trade repository (KDPW_TR), which meets the requirements of the EU’s EMIR regulation. The reporting of derivatives transactions is mandatory for all entities trading these types of contracts. In 2013, the European Securities and Markets Authority (ESMA) registered KDPW_TR as one of the first four such repositories in the EU. As the national numbering agency, KDPW assigns LEI codes, necessary to report derivatives trades to the trade repository, which identify the parties to the transaction. In November 2014, KDPW also began issuing FISN codes, which explicitly identify financial instruments in the global market. In order to ensure compliance of the Polish market with new EU standards, in October 2014 KDPW shortened the current settlement cycle from T+3 to T+2. The shortening of the settlement cycle will reduce the period investors need to finalise their trades, while KDPW Group participants will require a shorter time period for posting collateral for open positions. KDPW has begun work on the EU authorisation of the Polish CSD on the basis of the CSDR regulation, which will officially confirm compliance with the highest EU standards for central depository infrastructure institutions.
Grupa LOTOS S.A. is the parent company of LOTOS Group, which is a vertically-integrated oil entity focused on crude oil exploration and production, petroleum processing, as well as commodities sales. Moreover, LOTOS Group holds a strong position in lubes, greases and bitumen sales in Poland. Since June 9th, 2005, Grupa LOTOS S.A. has been listed on the Warsaw Stock Exchange. In its business units located all over Europe (Poland, Norway, Lithuania), LOTOS Group employs approx. 5,000 people.
The largest Polish bank and one of the largest financial institutions in the region – effectively increased competitiveness of the Polish economy. It is a modern and stable institution, trusted by several millions of customers. The Bank’s strategy is aimed at fulfilling the requirements of customers from three business pillars: retail, corporate and investment banking. Despite the different specificities of each of these areas, they share the maximum concentration on customer needs and providing the customer with the highest quality service. The Bank successively invests in modern processes, launching innovative services and technological solutions changing the financial branch. Attractiveness of its offer and services results in the fact that logo “PKO Bank Polski” guarantees the right selection of a partner which not only delivers products and services worthy of 21st century but also actively supports their customers in making financial and business decisions.
Sygnity S.A. is the leading IT solutions provider in Poland operating on the market for more than 24 years. Sygnity’s offer includes the Company’s own solutions and the solutions of the leading international IT companies. It provides a complete range of services, including consulting, software production and deployment, solution integration and IT project outsourcing. Sygnity operates in all key economic sectors and public administration institutions. More information on www.sygnity.pl