BINBANK and DIASOFT have concluded a strategic partnership agreement as a follow-up to ongoing cooperation in automating the bank’s operations, the bank’s press service reported. The agreement’s goal is developing long-term cooperation, elaborating automation mechanisms for bank services and settlement execution. DIASOFT is currently implementing the DIASOFT FA# Accounting «Gross Book» product at BINBANK, based on SOA architecture, in order to create a single information space in control of financial operations and to automate interaction between the head office and the bank’s branches in the field of management of resources, settlements and the distribution of regulatory-reference information. A new important step of the BINBANK project is integrating DIASOFT solutions with Western developments, ensuring BINBANK key business product solutions, scoring solutions and several other services. The implementation of the DIASOFT FA# Accounting «Regulated Reporting» will ensure the attainment of all goals of the bank, linked with forming a mandatory reporting package for the Bank of Russia, in line with Russian cost and tax accounting, as well as international standards. To attain those gaols, a data storage will be created in order to consolidate information, which is fed daily from ten information systems of BINBANK.
Source: WWW.NOVECON.RU, September 28, 2007
