Interprombank Deploys FLEXTERA BI from Diasoft

Interprombank Deploys FLEXTERA BI from Diasoft
28.01.2014 00:00 am

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.

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.”

Related News

British Business Bank accredits Metro Bank to the Bounce Back Loan Scheme

Today the British Business Bank has announced that it has approved a new lender for accreditation to the Bounce Back Loan Scheme for small business across the... Read more »

High-speed, high-volume data transfer facilitated by 5G will enhance industrial operations in connected factories

Frost & Sullivan’s recent analysis, Role of 5G Communication Revolutionising Industrial Internet of Things, finds that the... Read more »

India’s smart cities playing big role in technology led battle against COVID-19, says GlobalData

As seen in many countries across the globe, smart cities in India too have been playing a major role and leading the way in the country’s battle against the COVID-19 pandemic,... Read more »

Brazilians tend to increase spendings on ecommerce after the pandemic, EBANX study shows

A research launched by EBANX, on the impacts of the COVID-19 pandemic on the ecommerce market in Brazil and the post-pandemic perspectives, brings in the results an intention... Read more »

39% of UK adults suffer Covid income drop, taking home over 30% less - with the UK’s furlough scheme not filling the gap

A new international study of over 6,000 respondents from smart money app, Yolt, has quantified the... Read more »

MAS Registered RF Fund Management Secured Inaugural VCC Incorporation Strategic Milestone

Monetary Authority of Singapore (MAS) registered RF Fund Management, a subsidiary of RF International Holdings, has unveiled following... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel