The Khanty-Mansi bank automated transfer resource management by means of Neoflex Reporting

The functionality brought into operation provides efficiency evaluation of work of divisions and solves a problem of equitable distribution between them a financial result.

The Khanty-Mansi bank – the universal credit institution of federal importance performing all range of transactions in financial market. The bank has 13 branches and more than 130 additional offices and operational cash desks. The representative office of bank functions in Prague (the Czech Republic). The bank annually services about 2.5 million individuals and 20 thousand legal entities, supports work about more than 700 thousand by bank cards.

Since 2008 in bank works on creation based on Neoflex Reporting of a system of a financial analysis are conducted. Since February, 2009 the bank creates in the industrial mode the managerial reports necessary for the analysis of its financial activities by branches, business units, the centers of financial accounting (CFA), the business directions and products. Reports have a possibility of detailing of reports to specific clients, accounts, transactions and accounting entries.

Since April 1, 2011 in commercial operation the system block solving problems of calculation of financial results of business units of bank taking into account transfer income / expenses from placement and attraction of internal resources and redistribution between divisions of all-bank overheads functions. Management of transfer income / expenses of business units is conducted on the basis of the model of transfer calculations developed by bank implemented by Neoflex company. The model supports setup of parameters of calculation of transfer income / expenses for each type of the asset/obligation of bank (the credits, deposits, bills of exchange of the third parties, issued securities, securities portfolios, etc.).

The transfer rate for each asset / obligation is defined proceeding from its type, currency, date of signing of the contract, planned and actual durations of the agreement, repayment date, date of initial acquisition and other parameters. Redistribution of all-bank laid on income / expenses provides the mechanism implementing the distributions approved in bank of the rule (drivers) differentiated on expense types. The mechanism allows business users of bank to configure independently rules for apportionment of overheads by TsFU, articles of the managerial profit and loss statement (OPU) and other signs. During the project the automated mechanism of redistribution of all-banking expenses from cost centers on the centers of sale of banking products and rendering services is implemented.

The new block of a system includes test reports which allow to see on each asset / obligation a transfer rate and transfer income / expense and also parameters on the basis of which they were calculated. Validation of overhead allocation is constructed on the basis of the step-by-step principle: on each step of redistribution it is possible to see from what cost center on what centers and in what proportion expenses were transferred.

"We achieved a project objective: today the bank has the mechanism of calculation of a financial result of divisions of bank. It is based on the reasonable digits characterizing efficiency of business units", – Vladimir Shmakov, the vice president, the chairman of the board of JSC Hanty-Mansiysky bank comments on project deliverables. "In bank the system of the rules defining distribution of transfer resources and overheads works. These rules should be transparent and clear for business, otherwise business divisions will not agree with results of calculation, do not recognize them as fair. The mechanism of allocation implemented in the system of a financial analysis allows all interested persons to check correctness of calculations of a financial result of divisions", – the head of finance and economy of JSC Hanty-Mansiysky notes bank Alexander Zaytsev.