Amrusoft | Quality Solutions

Banking Projects and Financial Software Products for Effective management and accounting of banking operations. Professional IT Service

The Amrusoft works in the Russian and European IT service market for more than 10 years. The company specializes on the automation of operational processes and the development of corporate accounting and reporting systems. More than 50 projects are executed for national and international financial institutions and real sector enterprises.

Business lines

  • Electronic document workflow and operational process automation
  • Electronic document interchange for B2B
  • Transformation of business events and financial transactions
  • Statutory and management accounting and reporting
  • Integration of the product- oriented systems in heterogeneous environments

Key competencies

  • Analysis and practical automation of operational processes in financial institutions:
    • Electronic storage and regulatory procedures
    • Document workflow and non-transparent /semi-structured corporate processes
    • Highly-structured conveyor processes, integration processes
  • High expertise in the integration of western product- oriented systems in accordance to the Russian regulatory requirements and industry standards.
  • Deep knowledge of IFRS and Russian Accounting Standards and principles and regulatory bank reporting, materialized as ready-made analytical models and business applications. High expertise in the area of accounting of complicated derivative financial products
  • Consulting on practical implementation of legally acceptable B2B electronic document interchange (EDI). Support of connection to the systems of EDI operators: integration of EDI processes into ERP systems and the systems of electronic document workflow.

Technological and technical competencies

The company is a technological partner of the leading vendors of the modern operational process automation systems.

Electronic archive

Taking into account the vast volume of paper and electronic document workflow, our solution is designed to increase the efficiency of all the stages of document processing. The solution provides objective improvement of key economic and qualitative indicators of work with archive documents.

Document workflow

The effect from implementation and modernization of electronic document workflows in large companies is huge and its tendency increases unabated.

Amrusoft has extensive practical experience in building electronic document workflow especially regarding straight- through document workflows in the financial sector.

We developed a number of industry-specific solutions with a high degree of readiness to effectively address the business challenges of workflow automation.

  • Alignment of agreements, life insurance, currency control

B2B electronic document interchange

Business-to-business electronic document interchange (EDI) means the complete replacement of paper waybills, VAT invoices and other paper B2B documents with the electronic ones. It means automation of supply chain document flow, abandonment of paper archive, and it is the important step towards the automation of accounting. All the electronic documents exchanged are legally compliant which means they can be accepted by the court, tax inspection or other statutory institutions. B2B electronic document interchange leads to the optimization of company processes and to the significant savings in expenses.

We offer the following services:

  • Express- analysis of business processes, recommendations on the implementation of EDI with the highest efficiency and effectiveness. Re-engineering of workflows if required
  • Adaptation of company documentation in order to allow transfer to EDI: internal documents, regulations, agreements
  • Preparation of applications to receive electronic signatures (ES) of employees. Adaptation of processes and company documentation to integrate ES
  • The coordination of internal and external document flows
  • The choice of optimal EDI operators, suiting to you and your contractors, technical realization of the connection to one or several EDI operators
  • Integration of EDI with the corporate systems, modification of the corporate systems if required
  • Consulting, connection, training of contractors
  • Archive solutions for paper and electronis documents
  • We can outstaff our specialists (consultants, analysts, developers, PMs) to realize your EDI project

Conveyor processes

Ever since Henry Ford's queuing enterprises reduce the price and increase its production by optimizing product assembly lines. Financial institutions are no exception and often as the basis of its competitiveness they create credit and insurance conveyors. The business process management (BPM) is a modern approach to the implementation of a conveyor technology.

The IBM BPM - an integrated framework for business process automation - is the market leader in the segment of corporate industrial platforms. Amrusoft is the dedicated IBM partner in IBM BPM and IBM FileNet. We propose the creation of “turnkey” solutions on IBM/ECM platforms, as well as revision, audit and optimization of existing ones.

  • Credit conveyor, online request processing

Straight-through processing

Straight-through processing (STP) – is continuous fully automated process of information processing. The strategic goal of the automation of the corporate operational processes is to the raise up the level of STP in order to the decrease of the quantity of operational errors, to accelerate business cycles and to increase the flexibility of B2B processes: velocity, reliability and security of data interchange with partners.

The service oriented architecture (SOA) serves as the basis for the straight-through processing. The modern platforms and technologies for realization of straight-through processing include the systems like ESB (enterprise service bass) and CEP (complex event processing). We developed several STP solutions for the tasks like automation of payment processing and accounting, connection to the State Information System on state and municipal payments (GIS GMP) and so on.

  • Payments, the System of Interagency Electronic Interaction (SMEV), transformation of operational events

Automation of accounting of banking operations

We propose expert solution for formation of the correct accounting transactions as well as for performance of routine financial transactions. Particularly relevant are those tasks for credit institutions using foreign ABS or more specialized accounting systems.

IT outsourcing

Support and development of corporate information systems

We offer services in the area of support and development of corporate information systems, including replacement or modernization of obsolete and temporary solutions.

IT outstaffing

We provide competent specialists working in our company to carry out certain tasks on organization and operation of information systems, to solve problems in the area of information technologies on the territory of the customer.

Custom development

We provide full range of custom software development based on its own R&D center and development partners in Novosibirsk.

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Solutions

Innovative approaches, technologies and methodologies underlying the industrial solutions of Amrusoft, aimed at achieving optimal parameters of efficiency in the processing of banking information, according to the criteria used. The typical criteria used to measure efficiency are the time and resources. Industry solutions can significantly reduce the time and cost of typical business tasks.

Regulated electronic archives

  • Archive of the EoD (End- of- Day) documents in accordance with the Instruction of the Central Bank 2346-U
  • Electronic storage of documents, satisfying the requirements of the Central Bank Regulation 397-P
  • Archive of currency control documents in accordance with the Central Bank Regulation 138

Regulatory document workflow

The typical industrial solutions developed with the high degree of readiness:

  • The system for currency control operations
  • Document workflow for corporate lending

The solutions consist of the typical architecture of integration with the bank's product systems, routes and tasks, classifiers, document models, access and audit.

Reporting to CB, IFRS reporting

Shareholders, customers, tax and regulatory authorities must have full information about the activities of the organization, and requirements for the composition of this information are constantly being tightened.

CBR ratios

Extensive practical experience of experts of our company allows us to offer our customers a comprehensive solution for automation of calculation of the CBR ratios of credit institutions (139-I, 395-P regulations).

Products of our company provide a solution of wide range of everyday practical problems in the area of management and accounting of banking operations, the interaction of elements of the information infrastructure and other aspects of banking activity. Built on the years of experience of company’s experts, these products include rich functionality and provide versatility of application in banks of different structure and size.

Accounting & Reporting Transformer (ART) – the service of transforming business events into accounting model transactions.

ART is part of our comprehensive solution for events transformation and can also be used as an independent component in analytical architecture of a bank for business events processing.

Financial Events Processor (FEP) is built in the SEDA architecture over industrial frameworks RedHat BRMS and Apache Camel.

FEP is a platform used to create data processing and enrichment applications based on the transformation and correlation rules.

Rapid Data Access (RDA) - light and efficient data integration solution, which provides various functionalities such as portals, knowledge base, screen designer, etc.