In ВЭБ.РФ, the first stage of installation of functional applications of the ZFT-Bank system was completed

2020: First stage of installation of CFT-Bank system functional applications

In the state corporation of ВЭБ.РФ development within the framework of IT infrastructure modernization and back-office update of the main ABS unit, the first stage of the project for installation of functional applications of the CFT-Bank system was completed. This was announced by the CFT on March 15, 2021.

The IT architecture of the development corporation has introduced CFT-Bank applications for organizing multi-currency accounting (Accounting Core), conducting interbank settlements (Settlement Center), currency control, preparing operational and regulatory reports, cash settlement services, and accounting business activities. As part of the second phase of the project, it is planned to introduce a set of CFT-Bank applications for working with guarantees, loans, documentary operations and operations in financial markets.

The large-scale renewal of the corporation and its further development require the restructuring of the IT architecture, qualitatively different functionality of IT systems, "said Konstantin Yurganov, senior vice president, head of the Digital Development Block of the ВЭБ.РФ. - We are moving towards the harmonization of the IT landscape, the creation of a universal flexible IT platform, which will become a unifying ecosystem for all internal business processes of the organization. We introduce technologies that are easy to integrate, scale, quickly adapt to any changes, have significant potential for development. All these characteristics are possessed by the CFT-Bank system, the functionality of which is embedded in the existing IT infrastructure ВЭБ.РФ.

CFT solutions are increasingly chosen by large financial institutions whose business scale, strategic development plans require high-performance industrial IT platforms, "says Andrei Fomichev, deputy chairman of the Management Board of the CFT Group. - I am sure that the CFT-Bank system in the functional configuration that our partner has chosen will become an important element in the modernized IT architecture, will contribute to business development ВЭБ.РФ.

2019: Implementation of CFT-Bank

Project based on CFT-Bank

Contractor Financial Technology Centre (FTP)

Dates: January-December 2019