Promenergobank upgraded the core banking system by means of its integration with a management system for finance

On January 31, 2014 the ProgramBank company announced completion of implementation of the core banking system "Centaur Omega" in JSC Promenergobank.

Project Tasks

Sharp requirement of reliable formation of the regulatory reporting became a key argument in a question of implementation of the new core banking system. Taking into account growth of bank and frequent change of the legislation it became impossible to create the reporting in the "semi-manual" mode, the need for operational management information with the minimum costs of efforts and time for its preparation increased.

Project Progress

The bank selected the core banking system "Centaur Omega" and since December, 2013 the bank passed to this system.

Further development of cooperation became result of positive experience of transition: back office subsystems of IBS Centaur of Omega replace other software products used by Bank. Lately on the basis of IBS Centaur of Omega operations of bank on a broad spectrum of card products were automated (debit cards, cards with an overdraft, salary projects). Within the project on plastic cards integration with the system of Internet banking HandyBank was also executed.

Project Results

"Of course, implementation was hard business, we still need to start a number of back offices. But, despite all difficulties, implementation of the new core banking system is an and good managerial problem which allows to look in a new way at business processes, on personnel management, to draw conclusions useful in the future" — Tatyana Hamaneeva, the chief accountant of bank noted. — The core banking system "Centaur Omega" gives the chance to Bank to reach new technology level. The ProgramBank company is focused on individual work with the client, and we through joint efforts move forward".

2015: IBS Centaur of Omega are integrated with the isFront system

On May 13, 2015 it became known of integration into JSC Promenergobank of IBS Centaur of Omega with a management system for isFront finance.

Office of bank, 2014

Integration affected operations on payments, formation of statements.

Approval is executed on the specialized integration platform of ProgramBank company in 2014. The platform helps third-party applications to do independently a call of procedures of IBS Centaur of Omega in the online mode that accelerates integration of IBS Centaur of Omega into different solutions, including, the RBS systems, provides transparency of interaction of solutions for IT service of bank.