"The national bank of savings" completed implementation of the core banking system RS-Bank

On December 15, 2016 the R-Style Softlab company announced completion of implementation of a shrink-wrapped software product of RS-Bank v. 5.5 for automation of activity of National Bank of Savings Ltd.

National Bank of Savings Ltd (2016)

In the project progress specialists of R-Style Softlab transferred to RS-Bank v. 5.5 data from the core banking systems RS-Bank V.6 which are earlier applied by bank and front office solutions of FG "Life" and also implemented functionality for information exchange with bureau of credit histories "Equifax Credit Services" and configured work of the automated banking system taking into account features of financial institution.

"After secession of Life financial group in 2015 we made the decision to optimize our business processes and by that to lower IT infrastructure charges. The selected core banking system RS-Bank v. 5.5 from R-Style Softlab company completely satisfies to current demands of bank". Andrey Fantin, the first deputy chairman of the board of National bank of savings

"Usually we should execute "upgrade", i.e. to transfer financial institution to more productive software version. In this project we successfully carried out the return task, having provided to credit institution the convenient ready-made solution with an optimal set of the most necessary functionality which further the bank will be able independently to develop". Lev Frenkel, director of the department of banking software of RS-Bank of R-Style Softlab company

On July 8, 2016 R-Style Softlab will perform delivery and implementation of a shrink-wrapped software product of RS-Bank v.5.5 for automation of activity of National Bank of Savings Ltd (Ivanovo).

The need for the new core banking system is connected with getting out of credit institution of structure the Life PC and need for decentralization of the automated systems applied in work. The bank uses the core banking system RS-Bank V.6 from R-Style Softlab company and development of the Life PC for accounting of the credits and deposits. Transition to the simple and convenient solution will allow financial institution to optimize costs for business processes.