The first stage of CFT-Bank implementation project has been successfully completed at Dolinsk Bank

The first stage of installation of CFT-Bank (Platform-1) system Applications has been successfully completed at Dolinsk Commercial Bank (Yuzhno-Sakhalinsk).
 
Dolinsk CB is a dynamically developing universal credit organization that offers a wide range of bank products and services in rubles and foreign currency to individuals and corporate clients. Among the main business directions are: crediting and cash management of corporate clients and individuals, cash collection and cash delivery, plastic card issue and servicing, documentary operations and deposits. The Bank has subsidiary offices in the cities of Korsakov and Dolinsk. The Bank’s strategic plans include consolidation of its positions in the Sakhalin financial market, and increase of the service level in provision of financial services and products to clients.
 
The need for technological modernization of Dolinsk Bank comes from the increasing market requirements and new requirements of the developing business of the credit organization. The agreement on cooperation of Dolinsk bank with CFT GC was signed in September 2011, and the active installation stage began in the first quarter of 2012. CFT-Bank information complex was chosen by the credit organization as one that maximally fully conforms to today’s requirements and further tasks.
 
Project groups of IT specialists of the Bank and CFT GC were formed for project implementation. Cooperation between CFT participants and the project team was performed distantly from four cities: Novosibirsk, Moscow, Yekaterinburg and Saint-Petersburg, using a modern powerful Confluence wiki-system.
 
During the first installation stage of CFT-Bank information complex at Dolinsk Bank, exchange, cash and intercompany operations, money transfers, loan, deposit and letter of credit operations, credit cards and debit card overdrafts, as well as cash collection, safety deposit boxes and CBR statutory reporting were raised to a brand new automation level.
 
“As a result of this project at Dolinsk CB, «RS-Bank», «RS-Loans» and «RS-Retail» corebanking systems were integrated and united into the CFT-Bank unified information system, and a consistent chain of all Bank business processes within a unified technological platform was formed,” says Andrey Visyaschev, Chairman of the Board of CFT GC, about the project details. “This allowed Bank management’s receipt of operative assessment of the condition of all processes, which increased the efficiency and speed of solutions taken in the bank.”
 
The Bank’s nearest plans include continuation of development of CFT financial products in order to extend the range of services provided for the clients, and upgrade the product line in respect of the requirements of the market economic situation.

 
Commercial Bank "Dolinsk" was founded in September 1990 on the basis of the Dolinsky office of USSR Promstroibank and registered by the CBR on November 21, 1990 under number 857. The central office of the Bank is situated in Yuzhno-Sakhalinsk. Subsidiary offices operate in the cities of Korsakov and Dolinsk. The Bank is a small one in size and scope of transactions among Russian banks. In terms of the scope of net assets as of April 1, 2012 Dolinsk CB (CJSC) takes the 458th position. The Bank’s net assets as of April 1, 2012 made 2,918 mio. rub., equity capital made 333.4 mio.rub.; and client account balances made 2,563 mio.rub., the total loan portfolio was 1,307 mio.rub.
In November 2004 the CB Banking Supervision Committee made a positive conclusion about including Dolinsk CB (CJSC) into the Deposit Insurance System (DIS). The Bank’s auditor is Dalaudit CJSC.