In Pervobank trust management is automated

The module "Trust management" which is a part of a complex of subsystems for accounting of transactions with securities of RS-Securities V.6 is implemented in JSC Pervy Objedinenny Bank.

R-Style Softlab completed an implementation project of the module "Trust management" in JSC The First United Bank. Pervobank is one of the lead universal credit institutions of the Volga region in the market of transactions with securities, with R-Style Softlab it is connected by long-standing partnership.

At an initial stage in Pervobank existed the little general funds of bank management (GFBM) and several tens of individual agreements. The customer needed the specialized solution which would allow to automate accounting and support of the relevant agreements and also accomplishment of all necessary transactions.

The module "Trust management" in Pervobank allows to register entering and to create outgoing documents — such as General terms of OFBU, trust management agreement, certificate of individual share, statement of the founder. For accounting of the signed agreements a number of functional units is provided in a system, each of which corresponds to a certain technology stage in the relations of bank and the founder, including opening of the agreement, introduction of the capital, summing up management, withdrawal of capital, prolongation of the agreement, payment there arrived to the founder, collection of the commissions of the trustee, charge of the PIT and closing of the agreement. Also accounting of trade operations with issue valuable papers and bills of exchange is automated.