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Project

CFT Bank in International Financial Club bank

Customers: International Financial Club (IFC)

Product: CFT Bank
На базе: Oracle Database

Project date: 2009/07  - 2011/11

In International Financial Club (IFC) Bank the project on transfer to CFT company of functions of maintenance of information bank complex CFT Bank is implemented.

The IFC bank got to work for CFT Bank in 2009: information bank complex was implemented at head office in Moscow and the Siberian bank branch in Krasnoyarsk. In technology infrastructure of IFC Bank complexes of Applications for support of transactions of settlement and cash services, crediting, deposit customer service, interbank settlements, reportings, service of payment cards, conversion transactions, etc. were implemented.

According to business needs financial institution gradually increases functionality of information complex CFT Bank. In 2011 the complex of Applications for work with bills of exchange is brought into commercial operation, applications launch, the core banking system providing interaction about the Bureau of Credit Histories (BCH) and accounting of guarantees is planned in the nearest future. Now IT specialists of Bank and an implementation team of CFT jointly conduct works on preparation for start in commercial operation of the CFT — Budget Planning and CFT — Management Accounting systems.

"In the last several years a lot of things are made by Bank regarding upgrade of technology infrastructure, – Olesya Firsik says, the vice chairman of the board of IFC Bank – the Result of implementable IT projects should become the modern IT platform. Being hi-tech bank, the IFC Bank takes on IT arms a lot of progressive of what is in the market. Now we implement the project on transfer of functions of maintenance of a system to CFT company CFT Bank. The purpose – decrease in the cost level on software support and maintenance, providing a guarantee of smooth operation of a system and its effective development. It is extremely important for business of actively developing bank".

Transfer of processes of support of the core banking system to CFT began in August of the current year and is implemented gradually. Now specialists of CFT perform maintenance CFT Bank as with departure on the territory of financial institution, and far off. The service provided to CFT includes monitoring of an information system, the equipment of operability of infrastructure, management of it in mode 24х7, installation of updates, etc.

"Our joint project with IFC Bank is a striking example of how the interest of financial institution in innovations passes into the practical plane, – Andrey Visyashchev, the chairman of the board of the CFT Group notes. – We will make everything to provide to our partner high-quality service. A guarantor to it is the high professional grade of specialists of CFT, necessary competences, experience. Besides, in many respects mutual understanding and trust of the parties will be the key to success of this service project".

In addition to transfer CFT Bank on service maintenance in CFT, at the beginning of 2012 the IFC Bank is going to switch to the main banking applications using "cloud" technologies – migration of information complex CFT Bank on technology capacities of developer company will be performed.

"We will create and we will provide to IFC Bank as service external IT infrastructure for CFT Bank, – A. Visyashchev comments. – Not only virtual computing powers, but also elements of infrastructure of security, access control, authentication, a utility otkazo-and disaster tolerance will be its part. Placement of a system CFT Bank by the "cloud" principle will provide to our partner an opportunity to reduce equipment costs and his service. In the long term in need of scaling of a system according to business needs, the Bank will not need to invest in purchase of the additional server hardware".