Uralfinance changes the core banking system

On February 25, 2014 the EGAR Technology company announced the implementation final in Uralfinance bank of the automation system of business processes of retail lending on the basis of EGAR E4 Banking.

Project Progress

Within the project specialists of EGAR Technology carried out setup of a technology platform EGAR E4 Banking, developed integration interfaces with the core banking system of Bank and bureau of credit histories. Data migration is executed of legacy system that promoted its decommissioning.

Project Results

The solution deployed on the basis of EGAR E4 Banking provides end-to-end automation of the existing business processes of retail lending, provides the developed tools for their independent development and modification, allows to connect new sales points quickly.

Maria Nikulina, the head of department of retail lending of LLC CB Uralfinance, noted: "The EGAR E4 Banking platform provided Bank with necessary technology base for dynamic development of retail business. The simplification and acceleration of process of issuance of credits reached within the project of automation preserves time of our clients and does their service by more comfortable. Specialists of EGAR Technology showed professional competences in banking products, processes and technologies, successfully and in time having performed project works".

"The Uralfinance bank makes a noticeable contribution to economic development of the Ural region, successfully connects organizational and technological capabilities for achievement of the high level of client service. We are grateful to the management and project team of bank for effective cooperation and we expect long partnership", - Alexey Matukin, the deputy CEO, the Head of Department of system integration and business solutions of EGAR Technology added.