TECHNOLOGY & DIGITIZATION

The rapid development of new technologies is driving digitalisation and having a profound impact on the financial sector. To remain competitive in this dynamic landscape, financial institutions and service providers must adapt to ever-changing market conditions, customer demands and regulatory frameworks. WEPEX understands the challenges and opportunities of digitalisation and provides strategic and operational support in the implementation of new technologies.

Together with adesso, we are able to provide our customers with a complete and comprehensive consulting and product offering - tailored to their individual needs. The addition of technical and professional expertise forms the central basis for our support in customised test procedures, specific vendor selection and system, software or application integration.

Our Blockchain Lab, which is an integral part of WEPEX GmbH, identifies, analyses and develops relevant use cases for our customers, creates mock-ups and prototypes and initiates potential digitalisation projects. Our aim is to provide forward-looking and sustainable strategic advice and to implement visions and recommendations at an operational level.

With WEPEX's technology and digital expertise, your financial institution can take full advantage of digital transformation to become more operationally efficient and explore new growth opportunities. With a deep understanding of the latest technological developments and regulatory requirements, WEPEX is the ideal partner to navigate you through the digital transformation of the financial sector.

SELECTED REFERENCES

FINANCIAL SERVICE PROVIDERS:

Introduction of electronic securities

Initial situation

The German law on the introduction of electronic securities (eWpG) enables issuers to issue bearer bonds to a (central) custodian electronically by entering them in a central register in addition to the paper form.

Challenge

Design and implementation of the central register during the drafting phase of the law, no best practice from comparable projects, as the eWpG dematerialised securities for the first time.

Solution

Close coordination with the regulator in setting up the central register. Development of the new issuance route along and partly using the existing legacy systems.