OREANDA-NEWS. For the first time in Ukraine TIS "Perspective" jointly with JSCIB “UkrSibbank” implemented the technology of large-scale settlements in the organized stock market under the principle: delivery against payment with an operation term of Т+0, reported the press-centre of “UkrSibbank”.

Thus, by receiving 100% guarantee from the authorized bank - “UkrSibbank”, credit risks are excluded while performing settlements under the signed agreements. The Bank guarantees each payment and settlement on every transaction by issuing a bank guaranty.

“All trading sessions, which take place, are carried out following the technology that is out-of-ordinary for Ukraine. It is utterly new and second to none market segment which analogues do exist in all developed countries. It represents millions of individuals and billion figures. This market is being and will be developed keeping up the pace of information technologies advance”, - said Sergey Antonov, Head of TIS "Perspective".

The main perspectives of cooperation will be the creation of the organized securities market in Ukraine where maximum quantity of players are anticipated to be involved including internet-trading.

“Among the advantages of TIS "Perspective" software are simplicity and convenience of interface, usage of the state-of-the-art products of Microsoft Company which will be of high priority at least 2-3 years, high load characteristics that give scope for simultaneous trading of more than one thousand players of TIS, more than one thousand transactions per second, low cost of software and minor requirements to hardware”, - continued Sergey Antonov.

The participation of "UkrSibbank" in the implementation of the advanced settlement system (clearing) in the organized stock market of Ukraine is a logical step for an innovation bank. Nowadays, “UkrSibbank” is one of the largest banks and occupies top positions in terms of transactions on the financial market of Ukraine.

“We are impressed by the latest technologies and novelty of trade information system “Perspective" which uses modern software solution and creates present-day securities market. Today we have created unique effective settlement system in the stock market of Ukraine. It slightly differs from the established systems in the world that is why it will be modified, but it is an excellent start of turn for the better”, - said Oleksandr Adarich, Chairman of the Management Board.