Interprombank deploys FLEXTERA BI from Diasoft
Diasoft, a global provider of cutting-edge core banking solutions, continues the complex project of FLEXTERA BI implementation in Interprombank
Jan 28, 2014
Currently FLEXTERA BI "Reporting" implemented in Interprombank supports all of the 15 reporting forms, including: 0409102, 0409110, 0409115, 0409117, 0409118, 0409125, 0409135, 0409251, 0409257, 0409808, as well as currency control forms like 0409401, 0409402, 0409405, 0409407, 0409664. The choice of FLEXTERA BI is based on a long-lasting cooperation of Interprombank with Diasoft. The bank is an active user of Diasoft`s complex core banking solution.
Development of Interprombank business required an increased performance and improved business-processes, while constant changes of regulatory requirements made the extended reporting functionality critical for the bank. As a result of FLEXTERA BI implementation Diasoft automated key processes of Interprombank in terms of the most complex reporting forms.
"Reporting" solution, developed based on FLEXTERA BI Analytical Center, allows building an effective reporting process and ensures the increased performance of work due to the high level of productivity and flexibility in setting of every reporting form by Interprombank business-users with minimal involvement of IT-specialists. The system provides data enrichment and reports specification opportunities for the additional analysis basing on industrial visualization tools. Ability for inter-form and cross-form quality control of input and processed data allows forming the reliable reports and discovering weak points in accounting systems through analysis of identified errors.
"We were able to achieve first business results within only 5 months period after the project start. Since all the necessary data has already been collected within a single storage model further implementation of reporting forms appeared to be much faster", - said Irina Nikotineva, Head of Reporting Department, Interprombank. "We order the implementation of additional FLEXTERA BI forms step by step - according to our real time requirements. Due to recent tightening of calculations algorithm by local regulator we launched in production reporting form 0409125 "Information on assets and liabilities by claiming and repayment period" basing on FLEXTERA BI. I want to highlight the professionalism and teamwork of Diasoft specialists involved into requirements analysis and implementation of this reporting form in Interprombank."
About Interprombank
Interprombank was founded in 1995. It is a universal financial institution that offers the entire range of banking services and provides wide opportunities for private finance management. The main business lines of the Bank include the provision of services for individuals and companies, operations in foreign exchange, money and stock markets, and services in the area of financial and legal consulting.
About Diasoft
Since 1991 Diasoft has been providing cutting-edge financial software solutions supporting all aspects of retail, wholesale and universal banking, financial market services, and insurance business. The company’s main offering to the financial market is FLEXTERA — a SOA-based universal system comprising a comprehensive suite of modules for front-to-back automation of modern financial services.
The FLEXTERA’s functional scope covers the following areas of financial business:
The modern technological principles lying at the core of all FLEXTERA solutions in combination with their broadest functionality provide our customers with limitless opportunities for their business development in accord with market trends and clients’ requirements. For more information please visit www.diasoft.com.
Development of Interprombank business required an increased performance and improved business-processes, while constant changes of regulatory requirements made the extended reporting functionality critical for the bank. As a result of FLEXTERA BI implementation Diasoft automated key processes of Interprombank in terms of the most complex reporting forms.
"Reporting" solution, developed based on FLEXTERA BI Analytical Center, allows building an effective reporting process and ensures the increased performance of work due to the high level of productivity and flexibility in setting of every reporting form by Interprombank business-users with minimal involvement of IT-specialists. The system provides data enrichment and reports specification opportunities for the additional analysis basing on industrial visualization tools. Ability for inter-form and cross-form quality control of input and processed data allows forming the reliable reports and discovering weak points in accounting systems through analysis of identified errors.
"We were able to achieve first business results within only 5 months period after the project start. Since all the necessary data has already been collected within a single storage model further implementation of reporting forms appeared to be much faster", - said Irina Nikotineva, Head of Reporting Department, Interprombank. "We order the implementation of additional FLEXTERA BI forms step by step - according to our real time requirements. Due to recent tightening of calculations algorithm by local regulator we launched in production reporting form 0409125 "Information on assets and liabilities by claiming and repayment period" basing on FLEXTERA BI. I want to highlight the professionalism and teamwork of Diasoft specialists involved into requirements analysis and implementation of this reporting form in Interprombank."
About Interprombank
Interprombank was founded in 1995. It is a universal financial institution that offers the entire range of banking services and provides wide opportunities for private finance management. The main business lines of the Bank include the provision of services for individuals and companies, operations in foreign exchange, money and stock markets, and services in the area of financial and legal consulting.
About Diasoft
Since 1991 Diasoft has been providing cutting-edge financial software solutions supporting all aspects of retail, wholesale and universal banking, financial market services, and insurance business. The company’s main offering to the financial market is FLEXTERA — a SOA-based universal system comprising a comprehensive suite of modules for front-to-back automation of modern financial services.
The FLEXTERA’s functional scope covers the following areas of financial business:
- Back Office and Core Banking operations including daily banking transactions processing; product and service management; BI, accounting and reporting;
- Multichannel Front Office operations and client management;
- Middle Office risk management and decision making.
The modern technological principles lying at the core of all FLEXTERA solutions in combination with their broadest functionality provide our customers with limitless opportunities for their business development in accord with market trends and clients’ requirements. For more information please visit www.diasoft.com.