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Started in 1995, Strateji
became one of the leading brokerage firms in Turkey. Now, with the
introduction of its financial services provider (FSP) business model built
around the use of the internet, it is seeking to redefine the concept of a
securities firm in Turkey. Recognizing early on the driving forces of the
"New Economy" in Turkey, Strateji began the difficult task of
changing its thinking and direction. Real-time information and execution
is empowering investors; advanced telecommunications technology is freeing
investors from geographical constraints too. New generation financial
services must be made available to investors anytime, anywhere and in a
secure and efficient manner. Investors are embracing a new investment
world and are more prepared than ever to make their own investment
decisions. Value-added content and advanced technology combined with
flawless execution and a high level of service are the ingredients
Strateji has developed to reposition itself in today's dynamic "New
Economy" in Turkey.
Redefining the Financial Services Industry in Turkey
Financial Services Provider - (FSP)
www.Strateji.com.tr
Turkey is considered one
of the Top Ten emerging capital markets in the world today.
But few will remember the days before ISE (Istanbul Stock Exchange) had
automated its services. The black board at the ISE where floor brokers
with their chalk covered hands use to hurriedly write the bid and ask
prices of particular stocks is now a sign of the past at ISE's modern
building in Istinye. In the 'black board era' the best service a brokerage
house could give to its customers was a simple order to execute the sale
or purchase of a stock. That was an era where the broker with the fastest
hand and the loudest voice was in high demand as it was the best way to
satisfy his or her clients. During the following years the changes that
the Turkish capital markets and ISE have undergone are immense.
While the ISE has constantly sought to improve its capabilities and use of
technology, the idea of large profits from investing in many of the
dynamic companies listed on the ISE lured both Turkish and foreign
investors into the market. From a few hundred investors in its early days
now, according to Takasbank, there are now approximately 600,000 investors
holding in their custody.
With the changes in the ISE and the
Turkish capital markets have come changes in the securities industry as
well.
Securitie firms' profit, which just
provide sales and execution services, will be limited. With the potential
fall in interest rates and inflation and a growing middle-class there will
be a huge demand for alternative investment vehicles delivered in a more
timely and reliable fashion. Coupled with newly advanced applications and
telecommunications systems such as the internet, existing and future
investors in Turkey will leapfrog into the future when compared to the
experience of most investors in developed capital markets like the United
States.
Right now www.strateji.com.tr, for many
reasons, is a financial services provider (FSP) that is expected to be one
of the leaders in providing its clients with the tools they need to take
advantages of these changes in the investment world in Turkey and around
the world. With its vision, customer oriented approach and rational
investment tools, www.strateji.com.tr is clearly a pioneer in terms of
giving its customers internet based financial services. Strateji
Securities Chairman Osman Turkay's words explain best why Strateji
Securities is likely to be seen as a benchmark for the future of the securities
industry in Turkey. "Strateji aims to use internet ultimately as
its main operational platform. To handle the potential demand that we see
developing for the products and services we offer, internet is the most logical
choice."
While such an
advanced business model may seem premature in Turkey, it is rapidly emerging as
the right choice in the rest of the world. Such steps may be
out of question for many securities firms in Turkey at this point.
Yet, for those destined to become the new leaders in the financial
services industry it is of utmost importance to take that step now. Other
securities firms in Turkey may continue to pursue single or multiple
distribution platforms that include actual branch offices and telephone
call centers. "We have chosen a different path," says Osman
Turkay of Strateji. Stratejis has always been a leading innovator in
Turkey in terms of research and development of new products and services
and the actual development and use of advanced technology in Turkey. It
was the first to attempt to list a technology company on the ISE, the
first to develop a focus on emerging growth companies with an emphasis on
the technology sector, and the first to use the internet as the main
platform for its business model as a financial services provider (FSP).
Turkey has shown an incredible adoption rate for the use of advanced
technologies, and Strateji has positioned itself to capitalize on that
trend including the actual development of world-class technology itself.
New Generation Financial Services
With the advent of technology and the
growing power of internet the nature of investing is changing. The change
is not limited to the way people invest but also the way to serve
investors. New generation financial services that www.strateji.com.tr is
determined to provide are based on three important factors:Content,
execution efficiency and technology. Technology enables
www.strateji.com.tr to carry out online transactions in a secure and fast
fashion. It also gives it the ability to customize its content to the
preferance of its clients and give updated information continuously. Regarding
content, the best information a securities firm can give to its client is
real-time value-added information. Strateji's choice of using the internet
as its main operating platform makes it easy for its clients to access
value-added information regardless of any limitations imposed in the past.
The top stock picks of the day you might only hear about later or read in
the newspaper the next day are available at www.strateji.com.tr
right now. But, more importantly, what will ultimately differentiate the
many securites firms in Turkey will be their ability to
provide information that enables investors to make profitable decisions.
With its risk management tools, recommend stocks and stock portfolios,
daily market updates and insightful corporate and sector reports from its
innovative research department, www.strateji.com.tr enables its clients to make money in challenging
Turkish capital markets.
The comfort and efficiency of online trading
For some investors, convenience and cost
effectiveness makes online trading the only way to go. With its online
trading opportunity www.strateji.com.tr aims to match its customers
requirements. The clients can place their orders online. Whether your order
is executed or not won't be a mystery to you anymore. You won't have to
wait until the end of the session. As a client you are informed by e -
mail or a mobile phone message about the outcome of the order. But apart
from this online trading task, what makes Strateji's service value-added
is that the firm customizes its services to individual
preferences. The customer can track his or her own portfolio, can see the
transaction history and access personal account records at anytime. But also
the customer might want to be informed if a specific stock comes to a
certain level that he/she might want to buy or sell. So the investor is
kept informed and does not have to monitor the prices in front of the
screen until the end of the trading day. He or she can program what needs
to be done and get back to work or whatever it is he or she wants to do
that day.
Big changes are under way
As it gives its clients greater power and
freedom in their decision making, there is much more in the pipeline at
www.strateji.com.tr. ECN trading (Electronic Computer Networks trading )
is one of them.
Already the ISE is working on providing
alternative buy and sell services to investors. So is Strateji. It aims to
provide full ECN trading, service as soon as the ISE's necessary
infrustructure is ready. Through the ECN trading Strateji's customers will
not be limited with the geographical boundries and time zones. Investing
oportunities in any place in any market in the world will be possible.
The story of Strateji's change
Some might wonder how a company
founded in 1995 became a firm determined to change the way securities
firms oparate in Turkey. Strateji appreciates its new position as a
financial services provider (FSP). Yet, in order to make its dream reality,
the firm undertook an intensive review of what was going on in the rest of
the world and what was likely to happen in the future. Strateji saw the
future and made many of the difficult decisions last year that have
brought it where it is today and where it will be in the future. But, as
the market changes, Strateji is aware that it will have to go through another
complete change in the near future. In today's dynamic "New
Economy" in Turkey continuous change is becoming the standard operating procedure
in many of its leading companies. Strateji's management team is currently happy
with its position in the market. It is prepared to
provide its clients with value-added content, efficient execution and
advanced technology. But, Strateji looks forward to changes in the market
and how the company will prepare its clients to profit from these changes.
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