| Customers: MDM Bank Moscow; Financial services, investments and audit Contractors: Orange Business Services Product: Open TradeProject date: 2014/07 - 2014/09
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On November 26, 2014 Orange Business Services announced project completion of upgrade of specialized telephony for voice trading in MDM Bank by means of implementation of Open Trade from Etrali Trading Solutions.
Project Tasks
MDM Bank had a need for replacement of the equipment of trading: the maintenance cost, risks of failures of the existing system increased increased. Many of solutions, available in the market, despite their high cost, did not conform to requirements of bank.
Based on the tender and testing of several solutions MDM Bank selected the multimedia terminals for voice trading of Open Trade offered Orange Business Services.
MDM Bank made the decision - to put into operation the version of the Open Trade system which was not implemented earlier in Russia supporting a distributed architecture and virtualization of computing powers. Acquisition of a product considerably reduced the cost and an implementation time on the main and reserve platforms, providing high reliability, not requiring upgrade of telecommunication infrastructure of bank.
Project Results
"All investments into the innovation equipment Open Trade will pay off in one and a half years due to expense reduction, minimization of operational risks and complex, partner approach of Orange Business Services", - Elliot Goykhman, CIO of MDM Bank noted.
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