M-Bank

The Automated Banking System (ABS) of M-Bank - own development of VTB for automation of all range - business processes on service of physical persons and legal entities.

M-Bank is the modular core banking system and the front, middle and back office divisions, including online interaction with processing of plastic cards and contact centers provides functioning. According to statements of developers, a system allows to be customized flexibly on any organization structure of bank, including procedures of consolidation/separation of banks and to be integrated with any external applications.

2017: Entering into the register of domestic software

In February, 2017 VTB reported that M-Bank successfully underwent certification and was entered in the register of the domestic software. Presence of a product at the register demonstrates that it is analyzed by experts of the Ministry of Telecom and Mass Communications of the Russian Federation and is recommended for purchase by the state customers within import substitution policy, note in VTB.

The vice president – the chairman of the board of VTB Olga Dergunova noted a powerful contribution of group to process of IT import substitution

I consider important the fact that the VTB Group also made the powerful contribution to process of IT import substitution and provided on the market a high-quality and competitive product for banks and other financial institutions, - the vice president – the chairman of the board of VTB Olga Dergunova noted, - VTB will continue the selected course towards active innovative development of the technologies for providing modern high-quality financial services to our clients.

VTB told TAdviser that in this software components with the open code - Apache Tomcat and others are used. Use of Linux as operating system of the database server is also possible. The product according to the non-exclusive license extends.

As of the beginning of 2017 of M-Bank it is used in several banks of VTB Group and also in some other financial institutions. On the platform of M-Bank are implemented and such projects as payment processing for housing and communal services and transfer and pension payment to more than 160 thousand pensioners through 540 departments of Russian Post in Moscow work. Besides, salary projects and projects on interaction with state agencies actively develop, including portals of state services and federal executive authorities.