R-Style Softlab and Asseco Georgia transferred Liberty Bank to the industrial core banking system RS-Bank V.6

On January 24, 2019 the R-Style Softlab company reported that together with Asseco Georgia, being members of the international IT holding Asseco, and one of financial institutions of Georgia — Liberty Bank completed the large-scale IT project on creation in credit institution of the centralized automated banking system (CABS) based on RS-Bank V.6. Since January 5, 2019 the bank uses a dannyy system as the main core banking system.

During the project also reportings the decentralized data on 72 bank branches are united in TsABS accountable and also replacement of Pervasive by industrial Oracle DBMS is made.

The joint project team of specialists of R-Style Softlab and Liberty Bank automated and adapted the large volume of the user functionality for work of bank with retail and corporate clients, including such directions as deposits, the settlement and cash services (SCS), securities. Besides, the data array of financial institution from 72 independently working core banking systems was transferred to the installed system having a user-friendly and functional interface in Georgian.

For January, 2019 in bank more than 3000 the automated jobs (AJ) function, over 13 million accounts are serviced. In bank more than 230 thousand clients, the peak number of postings executed in a system in a day already daily receive services exceeds 2.3 million.

The powerful core banking system answering to bank inquiries from the checked supplier will open before us additional opportunities for further development and will allow to accelerate, on the one hand, passing of documents between branches and to reduce document flow volumes, and with another — to increase fault tolerance and performance of an automated system, to optimize expenses on its maintenance. Also implemented version will increase customer service quality and in the future will give to bank the chance of fast development. Giorgi Torondzhadze, associate director of IT department, head of the department of development of banking services, Liberty Bank

The project executed by us and partners of Asseco Georgia is interesting by its scale. Earlier the bank for many years used the core banking system RS-Bank v. 5.1 and as a result of its independent maintenance saved up the large volume of the customized functionality which could not be lost upon transition to the updated core banking system. Additional complexity — steadily high traffic of transactions which is not stopping in the mode 24 x 7. At the same time systems capabilities of RS-Bank V.6 and the level of competences of a project team allowed us to solve this ambitious problem for bank. Now our relations pass into the plane of maintenance of a system. Rinat Karimov, deputy CEO of R-Style Softlab