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Raiffeisen Bank International Upgrades to Broadridge’s BRx Match Platform

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Centralised Raiffeisen International Services & Payments S.R.L. (CRISP), the shared service centre for Raiffeisen Bank International (RBI), has adopted Broadridge’s cloud-based BRx Match reconciliation platform. The system upgrade aims to enhance operational efficiency, transparency, and accuracy across 14 markets in Europe and Asia, including the DACH region and Central and Eastern Europe.

The deployment is designed to accommodate a projected fourfold increase in CRISP’s transaction volumes. BRx Match offers improved exception management, enhanced automation, and seamless integration with ISO 20022 messaging standards. The transition involves both new system implementations and migrations from previous Broadridge solutions.

This agreement builds upon a partnership between CRISP and Broadridge that began in 2009. The upgraded technology infrastructure provides a scalable foundation to support CRISP’s future operational growth and regulatory compliance requirements, whilst simultaneously reducing its overall risk exposure.

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