Bank of Moscow involved the contractor to upgrade of the core banking system of own development

On September 23, 2014 Bell Integrator reported completion of completion of functionality of the automated banking system of M-Bank by request of Bank of Moscow.

Project Progress

Completion of the core banking system (own development of department of information technologies of the customer) affected many business processes:

• data processing of the client,
• formation of documentation within the Business success program,
• control of clients of bank for counteraction of legalization (washing) of income gained in the criminal way
• accounting of mortgage questionnaires,
• data exchange with tax authorities.

Project Results

Development of the core banking system has a positive impact on increase in efficiency and quality of work of a number of the bank directions, including service of a corporate segment and small business. With expansion of functionality the core banking system, in bank the level of automation of formation of documentation increased, labor costs of employees are reduced, provided correct execution of requirements of the federal laws regulating banking activity.

In addition to IT outsourcing on development of the bank software, the Bell Integrator command unloaded a pool of the tasks standing on queue in department of information technologies of the customer. The carried-out works led to growth of volumes of the closed tasks in the IT sector, to quality improvement of the software and the interoperability layer with users from different divisions.

"Expansion of functionality the core banking system in the conditions of intensive informatization of banking activity, especially in a segment of services and services, was for us essentially important task. The Bell Integrator company contributed significantly to the solution of the business challenges facing the core banking system of M-Bank, and takzheoptimizirovat a number of the IT processes crucial for operating activities of our organization" — Kondrashov Andrey, the head of department of architecture of the core banking system of Bank of Moscow noted.

"Competences of our specialists and rich experience of work with financial institutions allow us to understand deeply specifics of banking activity and the requirement of financial institutions including in cases when serious upgrade not of the standard core banking systems created by their own divisions is required" — Alexey Karpunin, the technical director of Bell Integrator emphasized.