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AT Consulting finalized the ABS for the Investment of "TRUST" Bank

July 1, 2008

AT Consulting Company completed the project on the implementation of the automated banking system "Globus" (its developer was the company: TEMENOS) for the Investment Bank "TRUST" in accordance with the provisions of the Central Bank of the Russian Federation N 302-P "On the accounting rules in credit organizations located in territory of the Russian Federation. "

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In the first phase of the project, AT Consulting consultants carried out work on the analysis of current business processes of the bank and the degree of automation in the ABS "Globus". An analysis of the changes in the laws and their impact on business processes and functionality used by the banking system was held. Analysis of the timing and complexity of the implementation of improvements to the ABS "Globus" were assessed. This technology allowed us to estimate the amount of work ahead and allocate resources optimally within AT Consulting and the Bank, which was the key to the success in the project.

"We had a positive experience working with such a highly professional contractor as AT Consulting. The successful completion of the project is a joint service of two experienced teams. We can say that the resulting system meets our requirements," the project manager of the bank Alexander Razgon commented, on the project progress (Director of Banking Technology of IB "Trust").

"Adaptation of a foreign banking system in accordance with Russian accounting is a task, which in itself, is ambitious. Further elaboration makes it easier, but the responsibility level doesn't change. Especially in the case of such large-scale changes that entails the adoption of Regulation 302-P from the Central Bank of Russia. Project completion of ABS under the provisions of SFAS 302-P in the bank "Trust" is the first, but not the only one. Expertise has been obtained, it is actively going to accumulate and develop," said the CEO of AT Consulting Sergey Shilov.

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