Strategy and mission

Our mission is to develop effective mechanisms of capital and commodity flows by providing exchange and clearing services which are competitive in terms of quality and price and address the needs and expectations of our clients: companies, investors, and brokers.

We support economic growth and build an investment culture. We develop an international capital hub.

We ensure highest standards and safety of trading based world-class technologies.

As a team of professionals, we conduct an integrated, effective business geared to growt.

On 30 October 2014, GPW Management Board presented an updated development strategy of the GPW Group for the years 2014-2020 ( "GPW.2020"). („GPW.2020”).

The main aim of the updated strategy of the Company is to make GPW equity market of choice for investors and issuers in Central and Eastern Europe. Compared to earlier versions of the current strategy, which assumed making the GPW a holding company and development based in large measure on mergers and acquisitions, the updated strategy of the Exchange focuses on organic growth. This change in approach is a consequence of changes in the GPW environment (among others the pension funfs reform and increasing competition in the area of derivatives offered to individual investors) and belief of the Exchange in further possibilities for development of the domestic capital market and commodity market. At the core of the modification of the strategy is also a need for better use of resources within the GPW Group (operational and financial focus on the most effective and promising projects) and the need for better and more dynamic adaptation to GPW competitive environment.

One of the objectives within the framework of the updated strategy of the GPW Group is bringing in 2020 a full operational integration of GPW Group and increase its cost-effectiveness. There will be active measures implemented leading to a greater integration of the companies within the Group.

Accordingly, GPW intends to lead to deeper integration among its capital group by creating a shared services center, or by optimizing the used property. In addition, a savings program was introduced concerning i.e. such cost items as real estate, IT services, external services, which, in 2017 should generate about PLN 19 million savings compared to the cost base understood as operating costs for the 12 months to the end of the third quarter 2014. This will generate additional financial resources to support the areas with the greatest potential for development. As a result, the Warsaw Stock Exchange assumes that at the consolidated level will increase its revenues at an average rate of 7% by 2020, while lowering the cost income ratio to a level below 50% (from 59% in 2013). 

Financial ambitions of GPW Group by 2020

strategia_gpw_1_en.jpg

Source: GPW

According to the strategy, the growth of the GPW Group Group will be based on six pillars: a liquid equity market; a developed debt market; a competitive derivatives market; a commodity market attractive to investors; a comprehensive offer of information products for investors and issuers; and new business segments opened based on available competences.

 

Main strategic initiatives of GPW Group

strategia_gpw_2_en.jpg

Source: GPW

 

Key aspirations in the key business segments

strategia_gpw_3_en.jpg

Source: GPW