ABS RS-Bank V.6 implemented in Ayyl Bank

2021: RS-Bank V.6 Implementation

Ayyl Bank (Kyrgyz Republic) and R-Style Softlab completed a major stage of a comprehensive project to update the IT infrastructure - implemented ABSRS-Bank V.6. This was announced on October 25, 2021 by R-Style Softlab.

R-Style Softlab built end-to-end services for bank customers - from a mobile application to operations in ABS. As part of a comprehensive project, Ayyl Bank brought to the market products that allow customers to make various types of payments and money transfers through the Unistrim, Golden Crown, Contact and Bereke systems.

The transition to the updated ABS will help the bank to more effectively develop key business areas, in particular, lending, work in financial markets, improve the quality of customer service and reduce operational risks.

R-Style Softlab has implemented in Ayyl Bank a special set of functionality for the banking market of the Kyrgyz Republic. The IT company has implemented four modules from the RS-Bank V.6 line:

• RS-Core V.6 Accounting Core;
• RS-Banking V.6 - for automation of cash settlement services for legal entities and individual entrepreneurs, electronic interbank settlements, as well as related accounting;
• RS-Loans V.6 - to automate the credit direction of banking;
• RS-Retail V.6 - for automating the retail business.

In addition, R-Style Softlab introduced a functionality block that provides the bank with additional competitive qualities when working in financial markets - a RS-FinMarkets system in terms of processing conversion transactions, transactions with derivative financial instruments and interbank lending.

A comprehensive update that IT Infrastructure ensures the work of key ones business processes is due to the need for an IT solution for timely response to changes in the banking market of Kyrgyzstan, "said Marlis Usenov, IT Director of Ayyl Bank OJSC. - The implementation of this ABS is not over: we are also implementing our strategy to create more convenient and functional remote banking systems for individuals and legal entities, which will increase the attractiveness of services for current and potential customers. As of October 2021, Ayyl Bank's remote banking tool was launched on the basis of a platform that InterBank RS allows you to send funds online through various international money transfer systems, as well as a local system, open accounts and loan applications, and conduct metal account transactions for bank customers. The second stage of the bank plans to carry out work on remote identifications clients, as well as with integration. the Russian cards Relevant agreements with issuing banks have been reached.

During the project at Ayyl Bank, we implemented key systems from the RS-Bank V.6 line, adapting them to the specifics of the banking legislation of the Kyrgyz Republic, ensured integration with about 40 external systems, and implemented about 400 reports. At the same time, bank specialists actively participated in all stages of the project. We managed to build interaction so that we worked as a single project team, "said Rinat Karimov, Deputy General Director, Director of the Banking Software Department of RS-Bank, R-Style Softlab. - Thanks to the ABS implemented, the bank will be able to process client operations and requests faster, offer new products and services to customers, as well as develop other business areas.