| Customers: Monolith Bank Moscow; Financial services, investments and audit Contractors: Center of Financial Technologies (CFT) Product: Projects of creation of complex IT infrastructureProject date: 2012/12 - 2013/02
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CB Monolit and CFT company completed the next stage of the project on upgrade of IT infrastructure of bank, the company contractor reported on February 26, 2013.
Solution
In 2012 CB Monolit passed CFT Bank to outsourcing model of use the core banking system.
Data transfer for work with cards of the international payment systems (IPS) from earlier used by ABS bank in CFT Bank and integration of a system CFT Bank with a processing center of United Card Service (UCS) became a result of the next stage of the project on upgrade of IT infrastructure of CB Monolit completed now. Also in composition CFT Bank the products "Salary Projects" and "Credit cards" are brought into commercial operation.
The acting chairman of the board of CB Monolit, Alexander Danilin noted: "The outsourcing model of use of a system CFT Bank on the one hand allows bank to reduce operating costs and to optimize costs for IT, with another – to increase efficiency of IT department due to delegation of functions to experienced provider, to quickly start new products and to build in them business processes".
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