PCS provided technical support for Eurobank’s SCI
PCS’s proprietary solution PCS Corporate Actions covered comprehensively the entire range of processes for the bank’s share capital increase. The process included the collection of applications from the bank’s network (front office), the collection, control and processing of all the applications and other operator files (middle office) and the final settlement, distribution and dispatch of the respective files to the Hellenic Exchange (back office). PCS additionally provided specially trained staff to provide consultation for the book building process for the institutional investors. The SCI was a process of increased difficulty due to the very large amounts of data and the short period of time of preparation since the announcement of the SCI.
Apart from the IT point of view, the SCI was highly successful as both the Public Offering and the International Offering were oversubscribed.