Oracle Cloud Services for Financial Sector

07 feb 2017

2 minutes reading

On February 2, 2017 in Kyiv a joint event of three companies – CS, Oracle and MUK was held for the representatives of the Ukrainian banking sector. Key topic of the event was cloud technologies using by financial organizations.

Leading experts of the host companies spoke in front of the seminar audience – more than forty representatives of the Ukrainian banking sector.

CS Ltd, Oracle Platinum Partner since 2010, showed the results of the CBS B2 functional testing in Oracle Cloud.

Project’s aim was a practical adjustment of a new service – CBS B2 testing environment migration to the Oracle Cloud. In this case only anonymized customer data is moved into the cloud. That is why this service is absolutely legal according to the NBU requirements and enables to pare down CS customers’ expenses for the test environment maintenance.

It is to be reminded that CS Ltd first announced CBS B2 deployment in the cloud at Oracle Digital Day 2016.

In its turn Oracle representatives told about cloud portfolio for financial organizations, Oracle budget solutions based on SPARC S7 processor and about new features of the Oracle DataBase 12C release 2.

And the expert of the MUK company demonstrated how to get trial-cloud for better insight with the Oracle Cloud service.

CS Ltd expresses its sincere gratitude to all the participants of the seminar and hopes for the cloud services active development in Ukrainian financial organizations.

Return

The successful launch of the CBS B2 marks an important milestone for our Bank. Achieving a seamless, one-time transition sets a new benchmark for efficiency and innovation in banking. We deeply appreciate CS Company’s dedicated team for their commitment and relentless effort in this project’s success. We are excited for continued partnership and driving further advancements in our transformation journey

Mihail Iovu

Chief Operations Officer, Moldindconbank

OTP Bank has been successfully collaborating with CS for over 15 years. During this time, a number of key projects have been implemented, including the development of reporting for the National Bank of Ukraine, the B2 operational system, a data warehouse, and internet banking for corporate clients. We highly value CS’s ability to offer comprehensive and integrated solutions, which have enabled us to automate end-to-end processes and significantly enhance our level of digitalization. We especially appreciate the flexibility and personalized approach of the CS team, which allows us to tailor technologies to our business needs and build a true partnership.

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Liliya Lazepko

Member of the Management Board, OTP Bank Ukraine

The new CFRONT platform is enabling GLOBUS BANK to confidently break into the retail lending market. Thanks to our partners at CS, the entire process now takes just minutes - only 1 minute for approval decisions and 10 minutes to complete all necessary loan documentation. Our customers and partners are going to love this efficiency. With such a powerful and user-friendly system as CFRONT, GLOBUS Bank has set ambitious goals for its expansion in the retail lending market.

Olena Dmitrieva

First Deputy Chair of the Management Board, GLOBUS BANK

Undoubtedly, creating mobile banking is a combination of functionality, simplicity, and aesthetics. We are now seeing that our joint efforts with the development team are receiving positive feedback and show good user engagement dynamics. Bank Lviv fully supports open and transparent communication with clients: we share their needs and focus on the relevance of functionality

Tamar Tkhelidze

Deputy CEO, Lviv Bank

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