Belarusian Alfa-Bank implements the software product of assessment of solvency of clients

The R-Style Softlab company completed a solvency assessment automation system implementation project in Alfa-Bank (Belarus), the press service of bank reported on October 30, 2012.

Background

Promotion in subsidiary bank of the software product for assessment of solvency of clients was promoted by experience of successful operation in Alfa-Bank Ltd (Russia) business applications "to RS-DataHouse: System of Assessment of Solvency (SAS)" within end-to-end credit process.

Solution

In banking practice there was no single standardized solvency assessment system. The solution R-Style Softlab is capable to adapt flexibly under specific business requirements of bank and represents symbiosis – functionality of an OLTP system in combination with opportunities of the classical data warehouse.

In the Belarusian Alfa-Bank within two months the automated system of assessment is adapted to the corresponding requests of the customer. Calculation results of the ratings and indicators of solvency received using "RS-DataHouse: JUICE", completely meet requirements of National Bank of Republic of Belarus.

Preliminary results

The installed module will allow specialists of Alfa-Bank to perform all necessary financial calculations in the course of determination of rating of the client on the basis of his financial and expert data, will provide formation of the credit conclusion and other reports and also storage of all information. It promotes risk reduction, reduction of terms of decision-making and increase in transparency of credit process.

"The R-Style Softlab company within two last years shows kliyentoriyentirovanny policy in practice. Alfa-Bank is satisfied with the results received from operation of a system, work of a project team, qualification of staff of the company. Thanks to successful Russian experience the decision on automation of techniques of assessment of solvency and in subsidiary banks was made. The following implementation starts in Alfa-Bank of the Republic of Kazakhstan" — Maxim Patrin, the director of Directorate of design and development of the IT Block of Alfa-Bank noted.