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Azerbaijani bank automates its core business processes

ICT Materials 4 March 2011 17:46 (UTC +04:00)

Azerbaijan, Baku, March 4 / Trend H.Valiyev /

Azerbaijan's IT-company Ultra has completed the integration of the banking system ST.BANK.IT in Standard Bank, the company told Trend on Friday.

The system has been integrated and used in Unibank and Express Bank.

The ST.BANK.IT integrated system is moving into the country's banking software market. The system, which consists of subsystems, was constructed using a modular approach, which allows large banks to automate their business processes. These subsystems includes "E-Bank", "MultiChannel", "Retail Business", "Cash transactions", "Corporate business", "Treasury "," Loan workflow ", CRM, etc.

Ultra has adapted System Technology's software to meet Azerbaijani laws, and also completely translated the software into the Azerbaijani language.
The Azerbaijani IT company Ultra is working with the Belarusian company System Technology to implement integration solutions in Azerbaijan's financial sector. The two IT companies signed a contract at an Azerbaijan-Belarus IT business forum Feb. 9.

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