Brokerage Service Section Added to Sberbank Online

Sberbank CIB has added a new section – Brokerage Service – to the Sberbank Online system. Clients who have signed a brokerage services agreement can use the new section to instantly and independently check their brokerage accounts. The user-friendly interface allows clients to view their current securities portfolio, balance for all open brokerage accounts and transaction history, regardless of location or time.

Additionally, clients can use the convenient interface to analyse changes to the values of all assets over a specific timeline, view changes to quotes for any instrument in their portfolio, and get a detailed overview of how investments in a specific instrument have changed.

This addition to Sberbank Online creates a base function, which will serve as the foundation for further development of the remote brokerage account management service. In the future, clients will be able to use Sberbank Online to remotely open brokerage accounts and send requests to buy and sell securities and derivative contracts.

Andrey Shemetov, Vice-President, Head of Global Markets, Sberbank CIB[1] – the corporate and investment banking business of Sberbank – commented: “We are delighted that these capabilities have been added to Sberbank Online. Now brokerage clients can easily receive detailed information about the accounts online, and in the future – via the mobile application. We believe that online products have considerable potential and intend to continue developing this area of business. For example, recently we launched Sberbank Markets, which provides corporate clients access to Sberbank’s FX liquidity.”

Author: Dylan Jones

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