Rosbank has implemented the Diasoft solution for lending to legal entities in its branches

2022: Replacement of core-system for automation of credit servicing of legal entities

Rosbank and Diasoft have completed the next stage of a large-scale project to replace the core system for automating credit services for legal entities. Diasoft announced this on August 17, 2022. During the project, the decision "Loans for legal entities," previously established in Rosbank, was successfully replicated to all branches of the credit institution.

The Loans for Legal Entities software product is part of the Digital Q.Corporate development platform, which was integrated into the bank's IT landscape at the first stage of the project. This provided additional opportunities to optimize the processes of maintaining corporate customer loan agreements and reduced the time-to-market of new products.

The replacement of Rosbank's back-office system is a large-scale project that we are conducting almost completely in a remote format. We recently completed the replication of the product "Lending to legal entities." A feature of the implementation was the integration of the product into the complex IT landscape of the bank and integration with different internal systems - the general ledger through the transfer of business events to the Accounting Engine, data storage, remote banking system, credit pipeline and others, - said Kirill Tikhanov, head of the product "Loans and Reserves" of Diasoft.

Diasoft specialists, together with experts from our bank, have automated the entire cycle of lending to legal entities in all branches. Thanks to the optimization of lending processes and the transition to the Digital Q.Corporate development platform from Diasoft, we not only perform our current operational tasks more efficiently, but also automated accounting and credit accounting in the operating unit, and also received a modern technological basis for further scaling and development of the bank's business, - said Kirill Pokladov, Director of the IT Department of Corporate, Investment and Depository Business of Rosbank.