PROMINVESTBANK AND EGAR TECHNOLOGY UKRAINE: THE NEXT STAGE OF THE JOINT PROJECT HAS BEEN ACCOMPLISHED

PROMINVESTBANK AND EGAR TECHNOLOGY UKRAINE: THE NEXT STAGE OF THE JOINT PROJECT HAS BEEN ACCOMPLISHED

Prominvestbank announces the completion of the next stage of integration of the IT systems of the bank. The technological partner for the project is EGAR Technology Ukraine (DATAS Technology from 1 January 2015). Currently the following processes and systems are integrated: ABS, customer relationship system, system for attraction of customers, document flow management, transactions of the money market and foreign exchange operations, the establishment of deposits of corporate clients, accepting of payments, service requests to the Internet banking. The aim of this ambitious project is the transition to service-oriented approach to the integration of information systems of the bank.
“For the bank’s business, along with the reliability and flexibility of the IT platform, a very important question is a high return on IT investment”, says Yunus Hanif, head of the Directorate for support of retail business operations and infrastructure projects of regional network of Prominvestbank. This, in turn, is achieved by a maximum use of existing IT assets, decrease of support costs, as well as time and risks when new and modernization of existing information systems in the IT landscape of the bank. For this reason, we have chosen a service-oriented approach to building the IT architecture of Prominvestbank.
The link between the systems was the Oracle SOA Suite solution, which made it possible to implement cross-cutting business processes by combining all of the systems together. The resulting integration of a common information space allowed the bank to ensure the transparency of the data flow within the business processes, eliminate the contradictions of data in different systems and significantly reduce the customer service departments.”
The expert team of Egar Technonogy Ukraine implemented this large-scale project in several stages and in several directions. So, the process of introducing a new system of relationships with customers (CRM) and its integration with all systems of the bank (the main system for automation of banking activity, customer attraction system, document flow management system) was provided in the first stage.
In the second phase of the project, the problem of realizing such operational activities as the creation of money market transactions and foreign exchange transactions, the creation of corporate deposits systems, utilities and other payments, creating service requests in Internet banking has been solved.
The technological infrastructure of Oracle SOA Suite has been developed in combination. To ensure high availability and reliability of the solution, Oracle SOA Suite was transferred to the cluster configuration; moreover, since the number of used systems and integration services increased, a centralized repository services based Oracle Service Registry and a system of control and monitoring Oracle Cloud Control 12c was deployed. The use of a single monitoring and management of integration processes system has allowed to greatly simplify the process of identifying of exceptional situations and has provided a single mechanism to determine their causes, which, in turn, has reduced downtime due to emergency situations.
“Along with these results, it should be noted that the project is in constant development: new business requirements are being implemented and the new processes and systems are being connected. The bank systems continue to get united into a single information environment the integrating element of which is Oracle SOA Suite. In the near future we, for example, need to implement the CRM-system integration with a range of card processing services,” said Serhiy Tarasenko, CEO of Egar Technonogy Ukraine.
* From 1 January 2015 EGAR Technology Ukraine operates under the brand DATAS Technology.
Prominvestbank
PJSC “Joint Stock Commercial Industrial and Investment Bank (Prominvestbank)” is one of the leaders of Ukraine’s financial sector. It was founded in 1992.
Prominvestbank is one of the largest and most reliable creditors of Ukrainian economy. During the years of independence, the Bank invested in the development of the economy over $ 65 billion of credit resources.
The main shareholder of the bank since 2009 is the State Corporation “Bank for Development and Foreign Economic Affairs (Vnesheconombank)” (Russia), which owns a 98% stake.

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