Customers: Lipetskkombank Lipetsk; Financial services, investments and audit Contractors: R-Style Softlab Product: RS-DataHouseProject date: 2007/04
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The R-Style Softlab company and one of the largest regional banks — Bank of social development and construction Lipetskkombank — signed the agreement providing creation in bank of the data warehouse on the RS-DataHouse platform and implementation of two business applications: systems of financial management "RS-DataHouse: Budgeting" and systems of preparation of the reporting under international standards "RS-DataHouse: IFRS".
According to participants, the project is expected a year and will be executed in three stages. Now the first part of inspection Lipetskkombank is complete and works on creation of corporate HD are conducted. In the course of implementation the full-scale data warehouse containing all necessary primary information will be built. At the second stage of the project the business performance management system including automation of financial planning and budgeting will be constructed. At the third stage it is going to automate process of preparation of the reporting under IFRS. The project rather large-scale - in a day in head bank is performed about 250 thousand postings.
As project participants note, Lipetskkombank started the choice of decision making support system in August, 2006. Took part in the tender announced by it as the Russian companies having experience of implementation of data warehouses, and some foreign firms. According to the results of tender the solution R-Style Softlab is recognized to the most fully meeting requirements of bank. Main selection terms: a large number of the successful projects implemented by the company, serious competence in data warehouses, the Oracle platform.