EGAR TECHNOLOGY IS READY TO CONTINUE THE SERIES OF SUCCESSFUL IMPLEMENTATIONS OF ORACLE FLEXCUBE INTO RUSSIAN BANKS

EGAR Technology Company is ready to continue the series of successful implementations of automated banking system Oracle FLEXCUBE and in partnership with Oracle will promote this platform in the Russian banking market.

Oracle FLEXCUBE is a universal solution for the automation of banking operations, which is present in more than 125 countries around the world and meets the actual needs of retail, corporate and investment banking.

Project teams at EGAR Technology have extensive experience of localization, functional development and support of Oracle FLEXCUBE with credit institutions in Russia, Ukraine and Azerbaijan.

Opportunities of Oracle FLEXCUBE to service loans, deposits, payments, treasury operations and to support trade financing allows banks to process the full life-cycle operations and conduct business 24x7x365. The flexibility of Oracle FLEXCUBE technology platform provides rapid promotion of new approaches and strategies for doing business by implementing the concept of “plant products” and opening the way to their extremely fast time to market. The latest generation of Oracle FLEXCUBE Development Workbench development tools provides the bank with innovative features of independent design and modification of system functions to support regression testing and application forms for the construction of different languages ​​to create new modules.

Oracle FLEXCUBE creates single version information about the bank, provides 360-degree review of customers and personal approach to their servicing, increases employee’s productivity, optimizes operations and improves risk management. With the help of Web-based technologies the bank’s customers have at their disposal multifunctional self-service environment, which includes the function of geolocation and user support channel for instant help.

The regional representative of Oracle Financial Services in Russia Andrei Larshin says: “EGAR Technology experts since 2007 have been actively developing their competence in Oracle technology, which we offer for the financial sector. The result of these efforts was the formation at EGAR Technology of professional mobile team of consultants and developers who are experts in our products and are able to quickly implement projects of high complexity. In many ways, a unique project experience of EGAR Technology in implementation of Oracle FLEXCUBE is the key to the success of the introduction of this platform in Russian financial institutions. ”

Head of Core Banking EGAR Technology in Russia Elena Nikonova adds: “The new 12th version of the Oracle FLEXCUBE, we now are demonstrating to banks has accumulated a lot of new features and technological ideas of recent times, having made significant steps forward all categories of the potential users, both managers and employees of business units of the bank, IT services and end banking client. We see a new wave of interest in the system of the Russian credit organizations of different sizes and specifications, as well as from the banking groups thinking about expanding into new international markets. To the latter contributes the geography of the customer base and a high level of standardization of products and processes Oracle FLEXCUBE ».

Integration departments of EGAR Technology provide a range of services in audit, design, development and implementation of integrated solutions on platforms from leading manufacturers in the segment of IT, including technical support of solutions and organizing central monitoring of business operations and IT infrastructure of organizations.