VTB - Vneshtorgbank (New Athena)

This choice allowed us to transfer 55 bank branches to the uniform core banking system within one and a half years (in a week – on branch)", - the vice president – the chairman of the board of VTB Gennady Soldatenkov told. According to him, practice shows that it is necessary to be able "study on errors of others", using those solutions which were already implemented by rival colleagues and have positive responses.

"Many heard expression: "Russia is the cemetery of foreign core banking systems", - Dmitry Nazipov added. - In Russia about 50 projects on implementation of the western core banking systems were started, from them literally 1-2 successfully ended. Because there are no chances of implementation of these solutions in reasonable time and for reasonable money –".

According to Nazipov, reasonable and conservative approach of VTB once again proved the right to existence: the project on implementation of the western centralized core banking system would be by 4-6 times more expensive.

Now all bank branches are transferred to the centralized core banking system "New Athena". In bank business processes are unified and optimized, labor productivity of operational employees is increased and operational risks are reduced.

In addition to centralization of the core banking system, the bank performed centralization of a back office of the Moscow region that allowed to increase operational efficiency and to optimize number of staff at additional offices.

The importance in 2007-2010 was given to creation of corporate information storage of bank. Today technical infrastructure of a system of loading, storage and export of data is created and also formation of the consolidated statements in the key directions of business is provided.