RDTECH, ProgramBank: Universal solution of the obligatory reporting of commercial bank

The universal solution of the obligatory reporting of commercial bank - the automation system of process of formation of the obligatory reporting for the Bank of Russia.

On October 1, 2015 the companies RDTECH and "ProgramBank" announced creation of the universal solution on formation of the obligatory reporting of commercial bank.

RDTECH and ProgramBank signed the partnership agreement within which the companies will present to financial institutions the full-function and universal solution on automation of process of formation of the obligatory reporting for the Bank of Russia.

The companies integrated long-term experience RDTECH on creation of data warehouses (including for financial institutions) and ProgramBank on development and maintenance of a system of formation of the regulated reporting. The product combines advantages of reporting in the automated banking system and on the platform of the specialized data warehouse. The solution contains components for loading and data scrubbing, the working data warehouse and a ready data mart, comprehensive all packet of the regulated reporting.

A system has properties:

• high performance — allows to work with large volumes of documents effectively.
• automation of a complete packet of the regulated reporting.
• reporting for multifilial banks or banks with a diverse IT landscape.
• a system is not tied on the specific core banking system or the accounting systems.
• fast adaptation to changes of an IT landscape of bank and its account policy.
• provides transparency of reporting data with interpretation on analytical indicators and the link to primary documents and reference books.
• graphic interpretation of data.
• unloading of data in different formats.

"We are glad to propose to the market the full and universal solution on automation of the obligatory reporting of commercial bank which does not depend on the specific core banking system. It will allow RDTECH and ProgramBank to occupy one more niche in the system of the bank reporting and, thereby, to strengthen our positions in the market — Kirill Dibrova, the sales director of the center of finance solutions noted RDTECH. — The new solution will lower load of the central core banking system system of bank and will provide high quality of the loaded data at changes in the accounting systems".

Stepan Sokol, the head of the Production center of ProgramBank company, noted: "Formation of the regulated reporting is a necessary condition for functioning of any bank. Requirements of the regulating organizations constantly increase, also criteria of compliance of banks to technological support of reporting increase. Within the project all complex of works on monitoring of statutory requirements is provided, to their analysis, creation and maintenance of forms of the reporting of the Central Bank".