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The Warsaw Voice » Business » November 30, 2010
Business & Economy
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KDPW Growth Strategy 2010-2013
November 30, 2010   
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In 2009, the National Depository for Securities (KDPW) approved a new corporate Strategy 2010-2013. The document was developed based on an in-depth analysis of the main trends in international financial markets, the experience and competences of the KDPW Management Board and managers. The Strategy was broadly consulted with the Polish capital market community.

The Strategy presents a new approach to the challenges faced by KDPW and the entire Polish capital market. The Strategy addresses challenges arising from changes in the European market. Liberalisation of the financial markets, consolidation of exchanges and settlement and depository institutions, and European initiatives integrating the financial markets including TARGET2-Securities and TARGET2 create both opportunities and challenges to the development of depository-settlement services across Europe. The strategy document focuses on building KDPW’s regional position and competitiveness. It is a strategy of active operation and growth focused on active development of KDPW’s position in Poland and Central and Eastern Europe and the launch of modern services responding to the needs of local and international markets.


KDPW Strategic Goals
1. Introduction of a new KDPW business model - development of a holding structure. The biggest and most complex project is the spin-off of a Central Counterparty Clearing House (CCP). The project will reduce the risk and burden to Polish capital market participants.
2. Positioning KDPW as the main depository-settlement institution in Central and Eastern Europe - stimulating the activity of Polish market participants in the region as an opportunity to grow the Polish capital market.
3. KDPW integration with European structures - reducing the barriers to euro payments and transborder settlement of securities. The two main projects include: TARGET2 and TARGET2-Securities.
4. Launch of new services growing the value of the Capital Group - leveraging the key competences of KDPW as an infrastructure institution in order to enter new market segments by developing central solutions and introducing standards reducing the cost of many systems currently used by market operators.
5. Improved quality and scope of existing services - building KDPW participant loyalty by active improvement of settlement and clearing solutions and depository services.
6. Optimisation of operational processes in the Capital Group in order to implement the Strategy and ensure effective operation of all Group companies.
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