BMV Bank passed to new technology of maintenance the core banking system — RS-ID

2016: BMV Bank passed to new technology of maintenance the core banking system — RS-ID

BMV Bank passed at the end of 2015 to technology of maintaining individual distribution kits within RS-Bank V.6 — RS-ID. Check of technology in bank began with implementation of the new version of functionality for unloading of data in bureau of credit histories in the uniform updated CRE XML 7.5.1 format from Credit Registry company. It showed that support of the updated Credit Registry format within individual ABS version will help "to BMW to Bank" to reduce labor costs by project implementation approximately by 3.5 times.

The essence of RS-ID technology consists in the following: the developer conducts a distribution kit of the core banking system RS-Bank V.6 for all clients, but for those banks which order the large volume of completions, the individual distribution kit is created. In its framework the bank finishes a system independently or using the developer only in those directions which are necessary for it.

Transition to drawing updates in which broader spectrum of functionality from the developer is implemented happens not several times a year, and every two years. As a result banks have an opportunity to implement only functionality necessary to them for short term — from a week to three months (depends on task level) and save an opportunity to enrich own installation in the long term to have base for development for the next two-year period.

2011: RS-Bank V.6 is integrated with the corporate bus into BMW Bank

The R-Style Softlab company announced in June, 2011 end of the unprecedented project of integration in Russia of the automated bank complex into the common corporate front-side bus in BMV Bank LLC. The uniqueness of the carried-out R-Style Softlab of works on integration is that the corporate bus which is the standard for divisions of the international corporation BMW Group is for the first time integrated with the core banking system of the Russian production.

BMV Bank LLC is the Russian representative office of BMW Financial Services (financial division of BMW Group concern), the international service provider on car loans of clients of BMW. According to the RBK-reyting agency the last two years this credit institution takes the 9th place on the volume of the issued car loans, competing with Sberbank of Russia, VTB 24, UniCredit Bank and others. On the volume of net assets of BVM Bank takes the 186th place, having risen in a year by 95 points (as of March, 2011).

In 2010 R-Style Softlab completed an implementation project of the automated banking system of RS-Bank V.6 in BMW Bank during which the effective scheme of interaction with partner banks, services for individuals and crediting of legal entities was developed.

For 2010 the volume of the processed loan agreements increased more than three times that demanded implementation of effective interaction of sales points of cars with the core banking system of bank via the corporate data bus.