The implementation aims at optimizing service and accounting processes as regards deposit registration and valuation within PZU Group companies.

The implementation of Comarch Asset Management was dictated by the need to consolidate IT solutions by replacing two financial and accounting systems functioning independently in different companies of the PZU Group. They were to be replaced by one integrated system for the valuation of deposits, which would record economic events related to the investment activity, emphasizes Katarzyna Łubkowska, Director of the Accounting Office at PZU Group.

The implementation of Comarch Asset Management in the largest banking and insurance group in CEE is a very big distinction for us, and a strong confirmation of our competence in providing IT systems dedicated to financial markets, says Przemysław Drzymała, Director of Global Sales at Comarch.

Comarch Asset Management is a multi-module platform designed for investment and pension fund companies, asset management companies and insurance companies. The platform supports asset management, fund valuation and accounting, risk measurement, portfolio effectiveness and regulatory reporting processes. It ensures compliance with the requirements of supervisory institutions and comes with wide integration and configuration options in response to the changing business environment and legal conditions.

Comarch web page: https://www.comarch.com/finance/