The only way to stay competitive in today’s tough financial environment is to use high-tech solutions. CS company offers exactly such solutions. In 2015 CS implemented a new core banking system in ComInBank.
Cooperation between ComInBank and CS company started with the implementation of one of the most popular CS solutions – core banking system (CBS) B2 and HRM&Payroll::eCSpert Human Resources Management & Payroll Preparation System.
The project of bank’s transition to a new CBS (earlier bank used CBS ProFIX/Bank) and its integration with other bank’s systems took a record 2.5 months and was successfully completed in the autumn, 2015. It enabled full coverage of specifics of ComInBank business processes and significantly simplified bank’s IT landscape.
Yaroslav Dotsenko, PM of the implementation project in ComInBank from CS comments:
As a customer-centric company we always try to understand customer needs and make advances. At the request of ComInBank the time of our systems implementation was significantly reduced (almost in 3 times) and made 2,5 months. Also the specific feature of this project was the CBS B2 start in the middle of the reporting month. Besides it did not effect on both – business continuity and completeness of the bank’s mandatory reporting generation.
The future bank’s plan is the ISMA managerial accounting system implementation.
About ComInBank
“CIB” Bank was registered by the National Bank of Ukraine on December 3, 1993, registration number 219. “CIB” Bank is focused on investment lending of high-tech and innovation projects.
On May 21, 2015 the rating agency Standard Rating has assigned uaA (stable) rating to JSC “Commercial Industrial Bank”
