
dwpbank's economic performance in the 2010 financial year was impressive, with net retained profits amounting to EUR 12.65. In addition to the balance sheet and key performance indicators, however, the Annual Report also outlines the projects implemented by the Bank and the targets it has achieved. The theme of this year’s publication is “sporting challenges”.
If you want to deliver the best performance in top-level sport, you need to prepare properly. Training, mental strength, team spirit, materials, technology and mastering the rules of the game are all important requirements for victory. However, the only way to achieve something truly remarkable is with a resolute determination to succeed and a focus on clear targets.
For dwpbank, the primary goal was to complete our uniform IT platform for all clients. To this end, we concluded three large-scale migration projects in the past year, consolidating around 4 million investor accounts on the WP2 system. This meant that we successfully achieved our mission of bundling eight previously independent settlement systems over a period of several years.
Having reached this strategic milestone, the next migration projects have already been initiated and dwpbank is looking forward to the new “sporting challenges” that lie ahead