News

Since the beginning of the eighties, when the first Frequent Flyer Program (FFP) was introduced by American Airlines, many changes have occurred in the airline business. Although the traditional model for accrual which is based on the mileage flown by a passenger is still popular, airlines are beginning to acknowledge the opportunity of more closely correlating the fare of the ticket with the actual points credited to FFP members.

Comarch, a global IT business solutions provider and systems integrator, employing over 3500 people worldwide, has signed a Memorandum of Understanding with Greek company Ergoman, provider of tailor-made solutions in the telecommunications and IT business sector, with the aim of conducting common business development activities in Greece as well as commercial contracts realization on the Greek market.

Comarch has signed a contract with Aviva PTE for the implementation of the Comarch Asset Management solution. Aviva (formerly known as Commercial Union) manages Poland\'s largest open pension fund with net assets amounting to over 43 billion PLN and has more than 25% of the obligatory pension fund market share.

The New Capital Accord regulations have been in force since January 2008. This protocol obligates financial institutions to conduct comprehensive assessments of credit risk.

Alior Bank’s Brokerage House was the winner of this year’s edition of the brokers for individual investors’ ranking prepared by the Association of Individual Investors (SII) and the editors of Forbes magazine. The quality of the Comarch internet brokerage platform was one of the main attributes influencing the high rating and indisputable victory.

Comarch Internet Banking is a comprehensive, proven and mature internet banking system for SME, retail and corporate clients. The solution is the first choice among commercial banks in Poland as far as online banking systems are concerned. It is used by Raiffeisen, Fortis, ING, Pekao, BPH, DnB Nord and Alior Bank clients.

Comarch has recently signed a contract with one of the biggest Thai banks, TMB Public Company Limited, a member of the ING Group, to implement the Comarch Internet Banking solution for corporate clients.

Comarch Credit Process Management is equipped with e-learning modules, providing full access to informative materials (including instructions, rules, PPT presentations) and a variety of training sessions on the application.

Despite the higher availability of insurance policies that can be bought over the Internet or telephone, insurance agents still remain the main distribution channel.