TAKASBANK Future Outlook 2008

Wednesday, 9 January 2008

Future Outlook

In 2008, Takasbank intends to:

  •          Initiate efforts to become a Central Counterparty for equitiesand establish a central collateralization system

  •         Providing access to the SWIFT system through Takasbank network for  non-SWIFT member institutions ;

  •         Establishment and implementation of a distribution and settlement system for investment fund units on the integrated system with the CRA

  •         Development and expansion of the scope of Investment Fund Custody System;

  •      Contribute to the development of international standards for securities and implementing these standards in Turkey.

  •         Give-up process for Turkdex transactions;

  •         Creation of an electronic securitiries data base

  •         Unbundling of Takasbank services and initiation of service product based pricing system