CLUSTERING OF EGAR E4 BANKING SYSTEM AT MTS BANK HAS EXPANDED THE CREDIT CONVEYOR CAPACITY

EGAR Technology specialists performed at MTS Bank the clustering of front- and middle-office crediting automation solutions developed on EGAR E4 Banking platform.

Within the clustering project comprising also the restructuring of the server infrastructure built on Oracle technologies, EGAR E4 Banking system performance has been significantly improved, which essentially determines the potential of the whole credit conveyor of MTS Bank. System reliability has been improved taking into account its uninterrupted operation and wide territorial coverage – from the Central region of Russia to the Far East.

The EGAR Technology specialists have developed architecture solutions that meet the greatly increased requirements of the scope of the processed credit applications of the Bank, they made ​​the necessary improvements to ensure balancing and continuous processing of applications and implemented interaction with integration cluster bus. Functional and load testing of the updated solution has been carried out together with the Bank specialists.

Vice President and Head of the IT Unit of “MTS-Bank” OJSC Vadim Mamaev said: “The task of scaling the growing MTS Bank business in credit segment is largely solved by the quality of the technology platform. EGAR E4 Banking system clustering project, which is automating business processes of front- and middle-office, will significantly increase the capacity and reliability of the credit conveyor and provide an opportunity to support growth of crediting volume across the Bank’s branches. Having carried out the project works at high professional level, EGAR Technology Company for years has had the reputation of reliable technological partner of MTS Bank.”

“MTS Bank is the bearer of one of the most recognizable brands in Russia and at the same time it is a leading universal bank on the federal scale – says Alexei Matukin, Head of Systems Integration Department of EGAR Technology. – We are grateful to the Bank and its experts for long-lasting fruitful cooperation and the opportunity to contribute to the implementation of the ambitious plans of credit institution in the Russian market. ”

EGAR E4 Banking is a banking business processes automation system which is actively used by the leaders of the Russian financial market, particularly in retail banking. The basis of EGAR E4 Banking is a modern J2EE-platform that uses the benefits of SOA-architecture and the Oracle technology stack and provides high performance and scalability of solutions developed as well as ease of upgrades and support.

Integration Departments of EGAR Technology provide a wide range of audit services, design, development and integration of business applications on the platform of their own design, and using solutions from leading manufacturers in the IT sector, including technical support of systems and organization of centralized business activity and organization’s IT infrastructure monitoring.

About MTS Bank OJSC

MTS Bank OJSC (formerly Moscow Bank for Reconstruction and Development Joints Stock Commercial Bank (JSC)) is a universal commercial bank on the federal scale, ranking among the largest banks in Russia. It has been operating since 1993. It received the General License of the Bank of Russia for banking operations № 2268 on February 13, 2012. The Bank has all licenses necessary to conduct banking activities as well as participates in the deposit insurance system since 2005.

Major shareholders: System JSFC, MTS Bank OJSC

MTS Bank provides a full range of banking services to individuals, comprehensive services to large corporate clients, small and medium-sized businesses, and is active in the market of investment services.

MTS Bank branch network covers 90 localities in the 42 largest regions of Russia. MTS Bank is also a shareholder of the East-WestUnitedBank SA, located in Luxembourg.

Website – www.mtsbank.ru.