Santander Bank Polska goes live with Horizon Software

By Megha Bhattacharya

Horizon Software, the provider of electronic trading solutions and algorithmic technology for the global capital markets, has announced that Santander Bank Polska has successfully deployed Horizon’s Platform for Market Making connecting to the Warsaw Stock Exchange (WSE). Horizon provides Santander with the tools & technology for both quoting and hedging. These solutions ensure efficient access to the market and allow clients to obtain accurate monitoring of positions.

Marcin Jurkowski, Manager at Strategy & Development Department at Santander Bank Polska, says: “Horizon has been carefully selected amid multiple electronic trading vendors in the region after close examination. This leading technology provider has not failed us in delivering the best service, exceeding our expectations. At Santander Bank, we are very proud of what this collaboration has resulted in, and we believe that the investment will yield significant trading benefits”.

Damien Jenner, Head of Sales EMEA at Horizon Software, added: “We are honored to support Santander Bank’s development, especially for market making in Warsaw. Also, we are delighted to establish this strategic partnership with one of the best financial institutions in Poland. This close collaboration proves our commitment to developing the next generation of sophisticated platforms, providing our clients who trade on WSE with a single cross-asset, algo-powered platform for both principal and agency trading.”

Recently, Temenos announced that Santander International has selected the former’s SaaS platform, implemented by Syncordis, to boost its core banking platform transformation.

Horizon Software recently announced the release of the upgraded version of its global EOMS product with new features to enhance automation of client order and execution workflows.