The Zenit bank implemented CFT Bank in the IT-infrastructure

On August 20, 2018 the CFT company reported that the ZENIT bank completed integration of information bank complex CFT Bank in the IT-infrastructure. The IT platforms installation is a part of legal and technology consolidation of credit institutions of ZENIT Banking group.

A system CFT Bank is transferred to the mode of commercial operation, and key business processes in ZENIT Bank — accounting, the reporting, interbank and interfilial settlements, issuance of credits, opening of deposits — are implemented in the automated banking system (ABS).

Implementation of the IT platform completed the next stage in creation of uniform functional IT architecture for ZENIT united Bank.

The functionality of a system CFT Bank completely conforms to requirements of the modern and actively growing banking group. The uniform information core is necessary for unification of a product line and high-quality preserving of customer service. After consolidation of subsidiary banks of Group under one brand the number of banking activities will increase, and thanks to transition to the created IT platform all internal processes will remain imperceptible for clients. Ilya Kuchugin, director of the block of information technologies of ZENIT Bank

Implementation of a technology platform in credit institution of such scale as the ZENIT Bank is the global IT project with a set of integration tasks, multistage and labor-intensive process in which practically all employees of the bank are involved. I am glad to note that the task is carried out successfully and in time. Our partner received the modern, productive, functional IT-platform having the considerable potential for development flexible regarding adaptation under the growing requirements of business and the legislation. I hope, it will give additional dynamics to development of bank, will allow to increase transaction volumes of business, to increase operational efficiency, to concentrate on the main thing — providing to clients high-quality products and services. Andrey Visyashchev, Chairman of the board of the CFT Group