Azerbaijan, Baku, Feb. 20 / Trend H.Veliyev/
The first stage of introduction of system of CFT-Bank was finished successfully in Bank VTB (Azerbaijan), the bank reported.
The agreement on introduction of the system was signed between the Center of Financial Technologies (CFT) and the bank in autumn, 2009. Presently, modules of CFT-Bank were introduced in the bank which will provide VTB (Azerbaijan) with automation of loan, depositary and exchange operations, settlement and cash services, as well as accounting for the Central Bank of Azerbaijan (CBA).
In the course of IT project specialists of CFT adapted depositary and loan modules of the system for requirements of Azerbaijani legislation, Azerbaijani coding was supported.
Further plans of the bank include introduction of another 10 modules of CFT -BANK. Due to IT modernization Bank VTB (Azerbaijan) will receive powerful modern information platform, which will allow to transfer business directions to qualitatively new level.
Do you have any feedback? Contact our journalist at [email protected]