R-Style Softlab Updated RS-Bank V.6 ABS at Eurasian Bank

2021: RS-Bank V.6 Update

R-Style Softlab July 1, 2021 announced the upgrade of ABS RS-Bank V.6 to the latest, more up-to-date version in. During the Eurasian Bank (Republic of Kazakhstan) upgrade period, IT the company ensured the continuity of business-critical processes, which made it possible to bank to serve customers in the usual 24/7 mode.

As a result of the project, the financial institution has modernized the IT infrastructure, due to which it has expanded the ability to process client operations, and will also be able to more effectively develop business processes, in particular, to rework the current functionality for working with securities.

During the project, the IT company solved the large-scale task of transferring to updated mechanisms the functionality for working with schedules for loans of legal entities, bank guarantees, overdrafts and commissions. To do this, R-Style Softlab specialists adapted the user functionality of schedules existing in the Eurasian Bank to the updated mechanisms of the RS-Loans V.6 system for automating the credit direction of banking, unified and standardized the mechanisms.

In addition, the IT company transferred the accounting of conversion operations to the module "Financial instruments of fixed-term transactions and conversion operations," which will allow the bank to expand the existing functionality for back-office accounting of transactions in financial markets.

The bank also switched to a more current version of the DBMS - Oracle Database 19c. All RS-Bank V.6 functionality is compatible with this DBMS version.

{{quote 'We are pleased that we have entrusted the ABS update to a proven vendor with whom we have been working for more than 15 years, "said Alexander Naumov, Deputy Chairman of the Board of the Eurasian Bank. - It was especially important for us to ensure the continuity of key banking operations during the system renewal period, such as loan financing, transfers from deposits to bank cards, loan repayment. We are grateful to the R-Style Softlab team that the transition to the updated version of RS-Bank V.6 took place without customer service failures. }}

During the upgrade of ABS, we managed to ensure the uninterrupted operation of the main business critical processes so that the Eurasian Bank continues to operate in the previous 24/7 mode. At subsequent projects, we plan to develop the technology of non-stop system updating, "said Rinat Karimov, Deputy General Director and Director of the Banking Software Department of RS-Bank, R-Style Softlab. - Our company takes into account the peculiarities of IT infrastructure and can flexibly adapt solutions to customer requirements. At their request, we are ready to make changes to the distribution version of ABS. The Eurasian bank needed more flexibility to work with the schedules that we provided them.

2016

Eurasian Bank (g., Almaty) Kazakhstan moved at the beginning of 2016 to 31 assemblies of the automated banking system V.6 RS-Bank. The translation project was implemented by the company. R-Style Softlab Technological re-equipment of modules installed in the bank - V.6 ABS , RS-Core V.6, RS-Loans V.6, V.6 RS-Retail , V.6 RS-Banking - RS-Securities is caused by RS-Dealing the planned expansion of the financial institution's business, as well as the need for a more modern functional and productive solution. The transition process covered all 16 branches and more than 100 branches of the institution operating throughout Kazakhstan.

The credit institution expects a significant and rapid growth in business volumes, including due to the recent acquisition of BankPositive Kazakhstan (a 100% subsidiary of BankPositif Turkey). The number of customers of the enlarged bank is more than 1.5 million, so the main goal of updating ABS was to ensure uninterrupted automation of business processes, the number of which has increased several times in recent years, the company explained.

An important condition of the bank was not only the expansion, but also the preservation of working functionality, which was developed and implemented for many years by specialists of the financial institution and R-Style Softlab.

During the project, R-Style Softlab developers, together with the bank's IT service, optimized the system's capabilities in the following areas: bank accounting and reporting, retail services, lending, work in the financial markets, as well as reduced 1000 unused self-described macro programs, tested 3,600 banking operations, using various service buses conducted 40 ABS integrations with internal and external systems of a credit institution, such as DBO Smartbank systems, ",,, 1C from and SAP ERP Oracle BPM Way4 Openway others.

In ABS, the financial institution has become available the functionality of the "Single Customer Service Window" made in the web interface, as well as full accounting of multi-currency transactions and a new transaction mechanism that facilitates their reconciliation and adjustment. This is expected to reduce time and improve the quality of service to retail customers.

In the spring of 2016, R-Style Softlab introduced at Eurasian Bank (Kazakhstan, Almaty) a solution for managing conversion transactions with foreign currency "Dealer Monitor," which is part of ABS RS-Bank V.6. Thanks to the realized interaction with the terminal of Kazakhstan stock exchange KASE corporate clients of the bank gained access to foreign currency trades in the financial market.

The module is integrated with the remote service system currently in operation in the bank from a third-party manufacturer, in which the transaction is executed on the client side. Thus, BBO users can remotely make many transactions during the day, and only the current account of the legal entity in the bank is used for trading. In their "online office," the client has all the changes in the parameters of buying and selling currency made by an employee of the bank in the Dealer Monitor, the company said.

The module interface was developed specifically for the requirements of Eurasian Bank, taking into account the specifics of the work of an employee of a credit institution specializing in the maintenance and control of client transactions for the purchase and sale of currency. It is divided into two zones. The first contains information on currency quotes for tracking currency pairs and related bank rates; the second - information on the transactions of the bank's customers, the volumes of these transactions and lists of customers.

2013

On October 8, 2013, R-Style Softlab announced the launch of 280 information and payment terminals on the platform of the automated banking system of R-Style SoftlabRS-Bank V.6. in Eurasian Bank (Kazakhstan).

The load testing carried out during the project showed high performance and reserve capabilities.

"The integration of a whole fleet of terminals with RS-Bank V.6 was made possible thanks to the open SOA architecture of our products," said Denis Paliy, R-Style Softlab project manager. - To ensure high resistance to server loads, R-Style Softlab fully upgraded the component with which RS-Bank V.6 interacts with other applications. The new concept involves the efficient distribution of incoming requests between server processes, which allows faster processing of data, and therefore customer service. "