10 Feb 2023

Recently, B2ng was launched in OTP Bank S. A. (Republic of Moldova).
B2ng – is a new advanced CBS B2 interface of the CS Company, which is characterized by such properties as security, reliability, speed, standardized UX, work with declarative tasks and multilingual interface.

In 2019 Mobiasbanca, which is now – OTP Bank S. A. (Republic of Moldova) – joined the OTP Group, which is one of the leaders in the financial market of the Central and Eastern Europe.  In order to comply with the standards of the group the bank had to change its external format – rebrand, and also perform the technological changes – its IT architecture was fully modernized. 

CS Company was chosen as an IT solutions vendor, which had a previous experience at the banking market of Moldova and OTP Group in general.
 
OTP Bank S. A. (Republic of Moldova) aimed to implement the core banking system B2 (hereinafter – CBS B2) and integrate it with all systems that were used in the bank.

Dmytro Radchenko, director of the CS Company:

“It was strategically important for us to launch the OTP Bank S. A. (Republic of Moldova) with a new face of the CBS B2 – B2ng. We have sensed its potential and understood the business advantages that would be obtained by the client with using it – and that is one of our main values. Therefore our team has been working on the B2ng improvement for the last two years.  Now B2ng is able to become a complete replacement of the win32-interface”.

Project features:

• All bank’s business process is built in the B2ng
• Multi-currency transaction of documents is implemented
• Multilingual interface is implemented
• B2ng functions as a card back office
• Project term: 2 years

B2ng is integrated with:

• Kondor+ 
• Bloomberg
• SWIFT Online
• MPAY
• CNAS
• Other internal bank systems

Pavlo Fedorenko, PM of the project, CS Company:

“This project was a big challenge both for the bank and for our company. We had to coordinate the efforts of different bank departments in order to implement all new systems and interfaces in time. It has been achieved due to the professional and joint work of both teams – OTP Bank S. A. (Republic of Moldova) and CS Company. We are very grateful to the bank for the constructive approach to addressing the complicated tasks emerged during the project implementation and we continue improving the banking IT landscape”.

Iurie Rusu, Vice President of the Executive Committee OTP Bank – COO, Head of the IT & Operations Division:

"Once we joined the OTP Group, we were faced with many challenges, and the desire and efforts made to change things for the better began to bear fruit. IT transformations, modernization of operating systems, product development and process optimization are the bank's prerogatives. Migrating to a new operating system was a very complex and time-consuming process that required considerable resources. Thanks to the consolidated effort of the bank’ team, partners, IT and digital solution providers, OTP Bank has successfully migrated to a new core banking system, following a period of adaptation in which we will continue to carry out developments”. 

In spring 2023 National Bank of Moldova (NBM) is planning the implementation of the instant payment scheme. In order to organize the OTP Bank’s work with a new version of the NBM's automated interbank payment system (SAPI) CS Company has developed the interface which is currently undergoing the final functional tests.

About OTP Group
With a tradition of over 70 years on the banking market, OTP Group focuses on providing valuable services for its clients, shareholders, and employees, being the biggest financial group from Hungary and ECE.
 
About OTP Bank S. A. (Republic of Moldova)
Subsidiary of OTP Group since 2019, is an integrated and universal provider of financial services, the third in the banking system by assets, serving approximately 167,500 customers through its 51 branches, 3 agencies throughout the country with more than 800 employees. The Bank focuses on offering high quality customized services, constantly aiming at increasing the innovative abilities in order to meet all the current and future requirements of the consumers.