The new solution will allow Tinkoff Bank’s customers to open brokerage accounts and purchase securities online Moscow, Russia, — 6 October 2015Tinkoff Bank (the ‘Bank’), an innovative provider of online financial services, and BCS Broker, a brokerage arm of BCS Financial Group, have signed a cooperation agreement for BCS Broker to become the Bank’s brokerage partner. The new solution will enable Tinkoff Bank’s customers to open brokerage accounts using the mobile app or the website in just a few clicks and without visiting the office. They will be able to purchase and sell Russian and international equity and debt instruments from a single account with no currency, stock exchange, or transaction amount restrictions. The solution has been developed specifically for the Tinkoff.ru online platform, Tinkoff Bank’s ‘financial marketplace’ offering both the Bank’s products and its partners’ services. Users of the new service will have an opportunity to buy and sell securities on the Moscow Exchange and leading global platforms. In addition, the service will have a useful feature for monitoring the customer’s balance and transactions in real time, both on the website and with the mobile app. The Bank’s partners are working to maximise the user-friendliness of the service. The customer will only need to open the relevant tab in the mobile app or on the Tinkoff Bank’s website and fill in a general questionnaire. The Bank will then transfer the electronic form to BCS. BCS will prepare the documents for the customer to sign, and hand them back to Tinkoff Bank, where the customer’s brokerage account will be created in real time. Once the customer is registered with a trading platform, they will see their brokerage account in their profile. After the customer meets the representative and signs the documents, they will only have to credit their account to start investing. The partners expect to have this service up and running within a few months. Alexander Emeshev, Vice President, New Products Development at Tinkoff Bank, said: «We aim to ensure that all our products are as clear and user-friendly as possible. We believe that Tinkoff Bank’s technology and expertise in customer service, coupled with BCS Broker’s financial solutions will bring our brokerage services closer to the customer and make them more accessible to a wide range of private investors.» «This partner project marks an entirely new shape of today’s brokerage. I think that trading and earning money on the stock market has never been easier, clearer and more convenient in terms of technology. I am convinced that not only will this partnership enable us to strengthen both companies’ positions on the financial services market, but it will also expand the base of Russian private investors willing to purchase equity and debt instruments and enhance the national financial culture,» said Andrey Aletdinov, BCS Broker Managing Director. Brokerage will form a new business line as part of the www.tinkoff.ru portal. After launching a mortgage platform in May, the Bank is planning to introduce services for small and medium businesses in the near future.