The Renaissance the Investment management automates work of a back office

The Renaissance Investment Management company with participation 1C-Rarus carried out implementation of technology of automation of a back office by a product 1C-Rarus: A back office on the 1C:Enterprise 8 platform, the press service of the company reported on May 16, 2013.

Start

The growing business needs and volumes of work of a back office required support of the automation system, reliable, flexibly configured and scaled. Such system should meet the relevant requirements of the Russian legislation, including:

• the resolution of Federal Commission on Securities No. 32/108n of 12/11/2001 "About the statement of the Procedure for internal accounting of transactions, including the forward transactions, and transactions with securities by the professional participants of security market performing broker, dealer activity and the securities management";
• order of FFMS No. 07-37/pz-n of 4/3/2007 "About the statement of a procedure of the securities management";
• other laws regulating work of market participants.

Solution

The analysis of the programs presented at the market selected industry solution "1C-Rarus: A back office, edition 5" on the 1C:Enterprise 8 platform. With its help activities for individual trust management of assets of clients are automated. According to specifics of business processes the 1C-Rarus company which received the order for project implementation finished standard functionality of industry solution.

During the project specialists 1C-Rarus integrated "1C-Rarus: A back office, edition 5" with systems used "the Renaissance the Investment management" on different platforms, including "1C:Enterprise 8" that allowed divisions of the company to exchange data in real time.

Nadezhda Kovtun, the analyst business of processes of a technical support team "the Renaissance the Investment management", noted:

• Program "1C-Rarus: A back office, edition 5" allowed us to create in the company the modern scalable system of a back office integrated with the internal accounting systems, executed on a single platform "1C:Enterprise 8". As a result of automation more than the labor input of accounting is reduced by 50%. We accelerated preparation of the regulated reporting. Considerably the current support of operability of a system became simpler, and its cost fell several times. One of the most important results of automation is that we could increase customer service quality thanks to higher speed of work, formation of the most exact and detailed corporate reporting.