CFT Corporation

CFT Corporation is a specialized information system for automating the functions of the central treasury of the Holding Structure and its subsidiaries and affiliates, which involves centralizing the management of financial flows of the group of companies, minimizing financial risks and operating expenses, as well as maximizing the return on investment of free financial resources.

2021: Postgres Pro DBMS Compatibility

The Financial Technology Center and Postgres Professional signed a formal cooperation agreement aimed at continuing joint activities to build an import-independent software business environment for their customers. As a result of this stage of partnership the number of solutions of a CFT and the clients using rossiyskuyusubd Postgres Pro will be expanded. This was announced on May 12, 2021 by the CFT.

CFT is one of the few domestic companies in the segment of banking system developers who have been testing and migrating their application systems on Open source-platforms for several years, including those entered in the register of domestic software. One of these platforms is the Postgres Pro DBMS. Tests for compatibility of the CFT-Bank system and the Postgres Pro DBMS took place back in 2015, even then, during the tests, qualitative performance indicators of the CFT-Bank system were recorded on the Postgres Pro DBMS.

Expanding the list of DBMS, on the basis of which our solutions can work, TsFT-Bank and CFT Corporation, is an important step for the company to fully satisfy customer requests, "says Andrei Fomichev, Deputy Chairman of the Management Board of TsFT Group of Companies. - Thanks to the compatibility of CFT software and Postgres Pro DBMS, we will be able to offer partners solutions implemented on the Russian technological stack. This is relevant for public sector companies, which are becoming more and more among the CFT customers. Partnering with Postgres Professional will allow us to provide customers with a more profitable full cost of ownership of the software and hardware complex, while preserving all the capabilities of full Enterprise solutions. I am sure that multiplatformity adds benefits to our product.