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Project

Sinara Group Banks Form Tax Reporting with R-Style Softlab Solution

Customers: Sinara Bank (formerly SKB Bank)

Yekaterinburg; Financial Services, Investments and Auditing

Contractors: R-Style Softlab
Product: RS-FinMarkets

Project date: 2021/12  - 2022/06

2022: Implementation of RS-FinMarket

R-Style Softlab On August 4, 2022, the company announced the completion of projects in - creditfinancial institutions groups "Sinara"- PJSC (Sinara Bank formerly SKB Bank) and. Gazenergobank Both of these bank are now counting on tax profit using a specialized module from the software complex for automating operations in the financial markets. RS-FinMarkets

The main objectives of the project were to automate the business process of preparing data for tax reporting on own securities transactions and to help responsible bank employees effectively calculate the taxable base and prepare data for filling out tax returns. To this end, the project team implemented and configured integration with the original bank system, so that the data necessary to build tax registers is loaded "by pressing a button."

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Planning to seriously increase activity in the financial markets, we announced to the vendor a fairly high bar in terms of the volume of transactions, and our expectations were met: as a result of optimization, the performance of the system, and therefore our employees, improved multiple times, - commented on the results of the project, Alexander Smelsky Director IT of the Platform Development Department of PJSC Bank Sinara.
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banks The Sinara groups were able to release their first reports right during the implementation - without waiting for the completion of the project, using the data of our system to submit tax reports, - commented, Rinat Karimov Deputy General Director and Director of the Banking Department, ON RS-Bank R-Style Softlab. - This indicates a great degree of customer confidence in the company's team and the high quality of our system.
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