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FLEXTERA Reporting

Product
The name of the base system (platform): Diasoft FА
Developers: Diasoft
Last Release Date: 2017/07/17
Branches: Financial services, investments and audit
Technology: BI

Content

FLEXTERA Reporting is the "free-standing" solution intended for formation of all types of the reporting of the credit and financial organization. The product is constructed in an open service-oriented architecture on technologies of storages and data marts and enters a new line of the software products of Diasoft constructed on the JavaEE platform.

2017

Diasoft FA# Reports: the form of the reporting of the Central Bank of the Russian Federation – 0409120 is added

On July 17, 2017 the Diasoft company announced readiness of a report form 0409120 "Data on a concentration risk" in the product Diasoft FA# Reports. Banks are obliged to provide the report on this form quarterly in the Bank of Russia since July 1, 2017.

The purpose of introduction of a form of the reporting – risk management quality improvement which can threaten a financial position of the organization and its activity.

Before implementation of form 0409120 specialists of developer company recommend to estimate readiness of the IT system for this project and to use service "Diagnostics of Diasoft FA# Reports". Affirms that the program contains mechanisms of the deep analysis of the operating process of formation of the obligatory reporting and preparation of the program of actions for its improvement at the specific customer.

According to the company, program implementation of actions will help to increase the level of automation of process of preparation of the reporting.

Service start "Diagnostics of Diasoft FA# Reports"

In July, 2010 the Diasoft company announced start of service in diagnostics of banking systems of the obligatory reporting. Service is intended to provide optimization of use of the product Diasoft FA# Reports and quality improvement of the data necessary for creation of report forms.

According to representatives of the company, service "Diagnostics of Diasoft FA# Reports" will help to reveal the hidden reserves in the course of preparation of the reporting. As the result, it will allow clients qualitatively and in time to perform instructions of the Central Bank of the Russian Federation.

"Diagnostics of Diasoft FA# Reports" includes the detailed analysis of the current process of preparation of the obligatory reporting. As a result, the bank will receive the individual program of its optimization. Accomplishment of recommendations after complete diagnostics of a system (own forces of bank or using specialists of Diasoft) will allow to reduce quantity and to quickly eliminate effects of emergency situations, to optimize use of tools of the software product, to exclude cases of incorrect display in reports of new banking products. Besides, there will be an opportunity to unload users, Diasoft FA# Reports connected with need of testing of updates on data of the specific customer. The bank will be able to reduce a share of "manual" transactions at creation and adjustment of closing statements.

Except complete diagnostics, Diasoft is ready to provide to clients service for point diagnostics of a banking system — the main difference of services consists in quantity of the analyzed forms.

Point diagnostics, in turn, will allow to estimate readiness of a bank IT system for implementation of a specific form of the reporting, to make the program of actions for automation of a separate form, to elicit the facts of "manual" adjustments and to remove their causes, explained in the company.