In Nefteprombank the data warehouse and the system of the management reporting are implemented
Customers: Nefteprombank Moscow; Financial services, investments and auditing Contractors: R-Style Softlab Product: RS-DataHouseSecond product: RSDH: Bank risks Third product: RSDH: Management reporting Project date: 2015/11 - 2016/09
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2016
The R-Style Softlab company built the centralized data warehouse in JSC Nefteprombank and implemented business applications "RSDH: Management reporting" and "RSDH: Risk management" for conducting management accounting from structure of a line of IAS of RS-DataHouse.
Using new solutions the Bank quickly receives the management reporting (Managerial Balance, Managerial OPU, "Balance of average balances", "Indicators of activity of branches", etc.), reports on urgent and percentage structure of assets and liabilities and also on a matrix of funding of resources. This information promotes effective conducting banking business.
The IT solutions implemented in JSC Nefteprombank consolidate information from four systems sources thanks to what report generation on the basis of the verified analytical data is automatic that considerably simplifies process of preparation of the management reporting. The release of any report takes no more than two minutes.
"An opportunity to independently make changes to any report forms was one of the main requirements of Bank when implementing this project. The open RS-DataHouse API interface gives ample opportunities on independent completion of report forms" — Yulia Kvetkina, the director of the department of the analytical R-Style Softlab systems noted.
2015
On December 15, 2015 RSDH became known of signing by R-Style Softlab companies and JSC Nefteprombank of the agreement on implementation of the data warehouse of RS-DataHouse and business applications ": Management reporting", "RSDH: Bank risks"[1].
Expectations from the project
Using automation products, the customer will have an opportunity to solve at the same time several problems:
- automate formation of the management reporting, including calculation of transfers and allocations,
- quickly and effectively to manage interest rate risks and liquidity risks.
It is supposed that implementation of the data warehouse of RS-DataHouse will provide consolidation of information from several systems (the core banking system RS-Bank v. 5.5, RS-Bank V.6 and file sources), will improve quality of data and structures information necessary for accomplishment of required calculations.
Project Plans
Within the project the integrator should implement capital adequacy appraisal remedies as a part of which functionality - the procedure of identification and risk analysis, reporting according to Provision No. 3624-U "About requirements to risk management system and the capital of credit institution and banking group".
According to the results of an implementation project we hope to raise management efficiency, to improve quality and speed of preparation of the reporting and to increase transparency of business. The organization of processes for operational acceptance of management decisions for ensuring efficiency of all divisions of bank will become one more result, significant for us. Andrey Kiryupin, chief financial officer of JSC Nefteprombank
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We constantly trace and timely we update our products according to trends in the market, including new requirements of regulators. Thanks to implementation of business applications based on the RS-DataHouse platform specialists of JSC Nefteprombank will have an opportunity more effectively to carry out management accounting, monitoring and control of an interest rate risk and liquidity risk. Ekaterina Postoyuk, director of project activity of department of the analytical R-Style Softlab systems
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