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Project

The TRUST bank updated the software for work with securities

Customers: TRUST National bank

Contractors: R-Style Softlab
Product: RS-Securities

Project date: 2016/08  - 2016/10

On November 16, 2016 the R-Style Softlab company announced a software update for work with securities, derivative tools and depository accounting in TRUST Bank.

TRUST National bank (2016)

Project Results

After the executed upgrade the complete set of analytical registers of tax accounting, including registers of implementation (0211, 0212, 0215), registers of the short positions (0611, 0612, 0615), the register on charge of income on the securities which are owned and in placement (0411) and also registers repo (0507-0514), the register on charge of an expense on the short positions (0721) and registers on formation of reserves became available to bank (0801, 0802, 0901, 0902). The updated module "Automated Registers of Tax Accounting" (ARTA) has the web interface that access to other level of automation, at the heart of which ergonomics and usability opens a jar.

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"The manufacturing company provides the main changes in a part of the legislation to us within the program of maintenance of a system, however updating of a distribution kit periodically is required. Transition to the latest version of software expanded possibilities of bank on conducting accounting, tax, internal and depository accounting of securities and also release of the reporting".

Vladimir Polunin, the project manager of updating RS-Securities from TRUST (PJSC) Bank
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"In the field of automation of treasurer transactions we cooperate with TRUST Bank more than 10 years. Having executed the next updating of a system, the bank will be able to keep account of transactions in financial market according to relevant rules of law, and the staff of tax division will be able to take all advantage of approach of the company to design of interfaces of the back office systems".
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