Rosselkhozbank started mobile bank for legal entities from R-Style Softlab

2019

Start of mobile bank for legal entities

On September 20, 2019 the R-Style Softlab company announced software integrator for the financial sphere expansion of a possibility of mobile application for clients of small and medium business in Rosselkhozbank. The mobile bank for legal entities "Rosselkhozbank Business Online" is created based on the software package InterBank RS.

Within the project the application providing to clients of bank access to its products and services from mobile devices is implemented. In mobile application the broad spectrum of functionality on management of the accounts is available to clients of bank: creation of payments (including budget and housing and public utilities), also with a possibility of creation of payments according to the photo of the account, creation of other payment documents, sending account details and billing to partners, commission of conversion transactions, placement of money in deposits and opening of the new account, formation of account statements with a possibility of sending for the email, viewing information on the account status (including information on a remaining balance and existence of restrictive measures), the remote order of services (references, check-books, the order of cash, etc.). Confirmation of transactions in mobile bank is performed using the one-time password generated using the mechanism of a makirovaniye of transactions. Besides, in mobile bank users can obtain information on Bank: location of departments and ATMs, currency rates, news of financial market.

"The created mobile solution based on InterBank RS will allow Rosselkhozbank to provide the convenient modern instrument of remote service to representatives of business. The updated mobile application of Bank is at the level of similar services of other banks. Use by many clients of bank only of the DBO mobile channel confirms relevance of the modern concept of mobile only", 'Lev Frenkel, the CEO of R-Style Softlab noted'

"The mobile application released last year "Rosselkhozbank Business Online" was widely adopted among our clients. For September, 2019 more than 27 thousand clients of bank use this service. Together with R-Style Softlab company we improved the interface and expanded possibilities of the application. Now all main functionality of Internet banking is available to users "Rosselkhozbank Business Online" worldwide. Existence of convenient information channel for service of legal entities and individual entrepreneurs is a priority task of bank", 'Nikolai Ulyanov, the director of the department of information technologies of JSC Rosselkhozbank noted'

Transition to microservice architecture

On February 5, 2019 the company R-Style Softlab reported that Rosselkhozbank expanded opportunities internet- and mobile bank on IT- the R-Style Softlab platform — InterBank RS at the expense of the updated services and transferred part of them to microservice architecture. Bank passed to the industrial system of vendor in 2016 within strategy for development of the retail direction of business and increase in attractiveness of remote services.

According to the company, architectural style of microservices — technology approach at which the uniform application is created as a set of small services each of which works in own process and interacts with the others. Such architectural concept allows to build services around business needs of bank, adding and changing necessary functions independently of each other.

We are happy with the project course, this system is modern and corresponds to the recent technology trends in development of bank services. Continuous improvement of the solution increases attractiveness of bank for retail clients and its competitiveness in the market. Irina Zhachkina, the First Deputy Chairman of the board of JSC Rosselkhozbank

With our help Rosselkhozbank conducts intensive development of this solution, and a set of the services provided to clients through RBS channels constantly grows. In addition to the most widespread services which continue to develop, others are added — from adjacent areas, such as investments, sales of partner products, etc. To reduce time to market of services that is very important for bank, a transfer of the solution on microservice architecture is made. It allows not only to bring quickly into operation this or that separate functionality, but also increases the general reliability and scalability of the solution. Lev Frenkel, CEO of R-Style Softlab company

2016

In November, 2016 Rosselkhozbank announced replacement of a technology platform on which its system is constructed remote banking (RBS) for individuals. A new system is based on the software product InterBank RS. As the supplier and integrator of a new solution acted R-Style Softlab.

The delivery contract of licenses softwares, development and deployment of the RBS system for retail business Rosselkhozbank concluded^[1] with R-Style Softlab in July, 2015 as with the only supplier. The volume of the agreement was 103.5 million rubles.

Based on the new platform the updated desktop version of the RBS system and the user applications of mobile bank available was let into Google Play and App Store. Both in the Internet, and in mobile bank the basic functionality of services of remote service, including implementation of payments, money transfer, management of deposits (opening, closing and a response), work with the credits and others is implemented. A system works for all 76 regional branches of Rosselkhozbank.

Rosselkhozbank notes that a new system is modern and corresponds to the last technology trends of bank services

System developers say that special attention in a system is paid to security issues. Along with traditional service of confirmation of actions of the user SMS passwords in new RBS implement support of program and hardware generators of one-time passwords. It provides the additional level of login security and commission of financial transactions and allows bank to save on sending SMS.

The solution is integrated with all systems of an IT complex of bank involved in processes of service of service, including the core banking system, the processing systems and a system of accounting of client data.

Implementation of the DBO new system for retail was conducted within strategy for development of the retail direction of business and increase in attractiveness of remote services. Rosselkhozbank notes that a new system is modern and corresponds to the last technology trends of bank services and high requirements to a usability.

As of fall the first stage of the project is completed. The second stage on expansion of functionality is going to be completed in the middle of 2017. Rosselkhozbank is going to improve quality and to expand possibilities of service. They will include investment products, instruments of increase in a customer loyalty, transfers from cards of third-party banks on cards of Rosselkhozbank, the personalized setup of the system interface under the client and many other things.

Rosselkhozbank told TAdviser that the RBS system for individuals to the middle of 2016 worked based on own development of bank. In 2014 the bank made the decision on implementation of the new system using the industrial platform of the advanced level with functionality which clients want to see in the DBO modern system and also with opportunities of serious development in the medium and long term.

Regarding RBS for legal entities Rosselkhozbank uses the solution of BSS company. According to bank representatives, it is not going to change this system yet.

Notes