First Client Bank is Ready to Install the CFT-Bank System
Center of Financial Technologies and First Client Bank have signed a cooperation agreement, under which the bank will install the CFT’s banking information software, CFT-Bank (Development Platform 1).
First Client Bank has been in the Russian financial market since 2003. Currently, it offers services to legal entities as well as individuals, acts as a broker, and is an active player in the interbank market. In its work with other banks, First Client Bank relies on an individual approach, combined with the many possibilities offered by its financial instruments, and always with the consistently superior banking products it provides to its customers.
The scheduled IT update will be a new stimulus for the bank’s business, providing more opportunities to develop popular financial products and improve the quality of its customer service. The CFT’s software solution can automate bank activities such as loans, borrower relations, cash settlements, securities operations, internal transactions, tax accounting, HR management, and legally-mandated reports to the Central Bank.
By using the Golden Crown Payment System, the bank will extend its line of card products, and in the near future, bank customers will be able to enjoy the benefits of Internet banking from Faktura.ru, which incorporates the highest security standards. First Client Bank will become a new partner of the Faktura.ru Processing Center.
Currently, the Bank is conducting an assessment before the launch of the project. The first phase of the CFT-Bank software implementation is scheduled for the beginning of the second quarter of this year.