CFT in the list of the largest Russian IT developers
CNews Analytics agency has published its annual review «Рынок ИТ: итоги 2014». Center of Financial Technologies was ranked 2nd among the largest Russian IT developers.
According to analysts, despite national currency rate drop off and imposed sanctions, majority of Russian IT market leaders state that results of 2014 defied pessimistic forecasts.
“Following 2014 results, CFT Group’s turnover has exceeded RUB 16 bln which is 8% higher than 2013 indicators, – Andrey Fomichev, Deputy Chairman of CFT Group Management Board, confirmed conclusions of CNews Analytics’ experts. – Our performance indicator primarily depends on new clients and core-banking deals. In 2014 CFT had 16 signings. Number of new client banks has almost doubled as compared to the previous year, and includes VTB 24 and Moscow Credit Bank. Online payments via Faktura.ru exceeded 60%, and number of mobile payments has tripled. 119 more institutions in Russia and CIS countries became Golden Crown’s partners in 2014. The service is currently available in 19 countries of the world. Total money transfer service infrastructure exceeded 48 thousands of locations. 31 mln of retail transactions for the total amount of RUB 608 bln were performed. It was an effective year, in general”.
Making forecast for the nearest future, the analysts of CNews Analytics emphasized key business trends in the Russian IT market in 2015 – mobility, big data, outsourcing and cloud services.