Investradebank has chosen CFT-Bank to be its strategic platform designed for intensive business development

The Center of Financial Technologies has signed an agreement for cooperation with OJSC “Investtradebank”, which is in TOP-50 Russia’s largest financial institutions. In accordance with the document CFT-Bank informational complex (Platform 1) will be implemented in the Bank.
 
The project is intended to update Investtradebank’s current IT-infrastructure, particularly, to centralize back-office functions, centralize and extend financial institution’s branch network. 
 
CFT-Bank system (Platform 1) shall be used in Investtradebank to automate all key business lines of the credit institution.  Customer service, call center, the bank’s operations in financial and derivatives markets, letters of credit, internal transactions, electronic filing, etc. will be shifted to a new level of automation.
 
“Cooperation with the Center of Financial Technologies will lead us to a new level of customer service and result in automation of business-processes, – underlined Nina Shurmina, the Deputy Head of Investtradebank’s Management Board. - We gain a solid competitive advantage to run a successful business by using modern IT-solutions”.
 
Investtradebank is in TOP-50 of the Russia’s largest financial institutions by assets and is actively developing its branch network currently represented by 100 subdivisions in 62 RF cities.  About 20 new offices will be opened during 2014 in Moscow and Saint-Petersburg. New CFT’s partner intends to strengthen its positions in the banking market, expand its business and the range of rendered services, and implement modern technologies for effective customer servicing.
 
“We have got to carry out a very interesting and a large-scale 6-staged IT-project ahead of us, - notes Andrey Visyaschev, a Chairman of CFT GC’s Management Board. – It shall start by implementing CFT-Bank system in Investtradebank’s Moscow head office. Then the head office and the rest of the partner’s branches will be shifted to a multibranch operating scheme. We shall definitely manage to implement this challenging project in the close cooperation with the specialists of Investtradebank”.