Aviva asset valuation supported by Comarch

26 March 2010

Comarch has recorded yet another success – the company has completed an implementation project of the Comarch Asset Management system at the largest pension fund in Poland, managed by Aviva PTE (formerly known as Commercial Union PTE).

From the beginning of 2010 the management and valuation of Aviva’s pension fund assets are handled by the Comarch system. This is not the first implementation of the Comarch Asset Management platform in the Aviva capital group in Poland. Currently, approximately 90% of all open pension fund assets in Poland are valuated and supported by Comarch Asset Management solutions. This strengthens Comarch’s leadership in this particular segment of the market.

‘It would be difficult to enjoy the production launch of Comarch Asset Management at Aviva PTE Aviva BZ WBK S.A. today if it was not for the hard work of many people. The implementation in such a short time would not have been possible without the full support of our partner’, emphasizes Martin Tos, Project Manager at Comarch SA.

‘A very intense phase in the project work has been completed – this is certainly our joint success and the effect of successful cooperation. Comarch Asset Management tools guarantee broad functionality, e.g. the automation of various business processes and ergonomic support. The second phase of the project is still ahead of us - it will expand and improve the functionality of the tools, fulfilling the expectations of all parties’, says Piotr Godlewski, Delivery Manager in Aviva’s Application Development Department.

‘Comarch’s aim is to build long-term customer relationships based on professional software and a high level of service. We are pleased that Aviva PTE, which as a market leader, is known for the quality of internal procedures and service standards, has appreciated the advantages and comprehensiveness of our solution. Due to our experience, gained during previous implementations in pension and investment funds, as well as in asset management and insurance companies, we were able to achieve this undeniable success at such an Olympic pace’, states Bartosz Czyz, Comarch Business Solution Manager.

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