Diasoft - FLEXTERA J2EE core banking platform, Diasoft FA# Bank
Overview:
Diasoft is a Russian enterprise software house with significant experience developing products and customized applications for the financial and banking sector.
Established in 1991, Diasoft offer an entire suite of banking and financial products, in addition to custom application development, systems integration, maintenance, and support.
The scope of functions of its banking applications covers of retail, corporate and universal banking, treasury and capital market services, and insurance business. Diasoft banking solutions are tailored to fit any-scale bank with an extended range of financial services.
Diasoft is Russia's largest provider and system integrator of banking software products. Diasoft’s solutions are used by more than 340 banks including 6 of the Top10 world’s most profitable banks, and 12 of the 50 largest international banks
Products: FLEXTERA - Diasoft FA# Financial Architecture - Diasoft FA# Bank
The company’s main offering to the global financial market is FLEXTERA — the SOA-based universal solution for front-to-back automation of financial services. FLEXTERA was released new in 2010, and is designed for retail, corporate, universal and investment banks, treasuries, non-government pension funds and insurance companies. It offers a broad range of advanced tools to support modern banking and insurance products and services, operations at financial markets, accounting and reporting, and operations and HR management.
Specially designed to address modern needs of financial companies, FLEXTERA provides its customers with a wide range of technologies capable to facilitate their successful business development and establish a comprehensive platform for Smart Banking, Smart Finance and Smart Insurance services. FLEXTERA allows for front-to-back automation of financial businesses offering broad functionality for:
• Retail Banking Business: operations with cards, customer lending, deposits, payments, money transfers, precious metals, safe deposit boxes, foreign exchange, risk management, accounting, reporting
• Corporate Banking Institutions: payments and settlements, deposits and loans, FOREX operations, cash management, factoring, accounting and reporting
• Treasury and Capital Markets: operations with securities, equities, mutual funds and asset management, exchange traded and OTC derivatives, precious metals and FOREX operations, business intelligence and reporting
• Insurance Companies: all types of insurance and bancassurance products management, insured property disposal, clams management, insurance payments, loss settlements, accounting, reporting, and business intelligence
The FLEXTERA’s functional scope is divided in accordance with the inherent nature of the financial operations and covers all areas of modern financial business with:
• FLEXTERA Front Office responsible for Multi-channel Front Office operations and CRM for ubiquitous client servicing
• FLEXTERA Middle Office offering a set of components for Middle Office risk management and decision making functions
• FLEXTERA Back Office providing tools for traditional Back Office and Core Banking operations including daily banking transactions processing; financial products and services origination and management; deposit, loan, and credit-processing capabilities; unique internal product accounting tools
• FLEXTERA Reporting presenting a set of comprehensive BI and reporting tools
• FLEXTERA Accounting offering modern tools for Tax accounting and General Ledger support
• FLEXTERA Insurance covering all areas of insurance business and allowing its customers to realize any possible model of insurance servicing
In addition to broad financial functionality, all Diasoft’s solutions bring to their customers the enhanced value of modern integration and development tools due to FLEXTERA Java System Platform used as a basis for other FLEXTERA functional components.
Every function within the solution is performed by separate components which allows the customer to use them as universal building blocks of their financial architecture, easily deploy or replace new modules and avoid undesirable interdependencies of separate functions and slowing down the system’s overall operation. The modern technological principles lying at the core of all FLEXTERA solutions, in combination with their broad functionality, provide customers with limitless opportunities for their business development in accord with market trends and clients’ requirements. Meeting high demands for flexibility, scalability, performance and reliability, FLEXTERA is a smart choice for both mature and emerging markets seeking a new platform to support their dynamic business development or willing to renovate the existing legacy solutions.
FLEXTERA was designed in strict accordance with globally recognized industry standards and technologies. Diasoft focused on SOA principles and JavaEE technologies to create the universal component-based FLEXTERA System. It is a system that can be easily integrated with existing infrastructures to meet both today’s needs as well as the strategic requirements of the business. FLEXTERA’s open architecture, BP-driven development approach, and its hardware-, SO- and DBMS-independence allow for the unrestricted customization and integration of implemented solutions, while FLEXETERA’s multi-tier architecture allows for independent scalability of separate system layers responsible for different areas of automation.
FLEXTERA has been proven in benchmarking tests simulating the workloads of the largest financial institutions and is certified by IBM Industry Framework Certificate, Ready for SOA certificate, and Ready for DB2 certificate. Diasoft’s professional approach to product development is also validated against CMMI standards.
The Diasoft FA# Finance line is an integrated information systems that is optimally oriented toward the business user (SOA based) and designed to help financial organizations to work more effectively.
Diasoft company offers solutions covering all areas of banking: corporate services, retail services, financial market operations, online banking and channel delivery, management accounting, analytical reporting and budgeting, , intra-business activity management, integration solutions, and data warehouse.
- Key Module / Solution Summary -
Diasoft FA# Bank is the integrated solution for banking operations automation:
Corporate service
Retail service
Operations on the financial markets
Remote servicing
Mandatory and analytical reporting
Management accounting and budgeting
Diasoft FA# Retail solution provides services for:
Deposits
Credits
Bank cards
Currency exchange operations
Utility bills
Transfers of assets without account opening
Rent of individual safes
Platform: IBM (J2EE technology)
Clients:
Recent clients of Diasoft FA# include:
ZAO Toyota Bank, Moscow Russia
Mikhailovsky PZhSB (corporate bank), Russia
Diasoft’s systems have been chosen by half of the country’s largest banks including:
AK Bars Bank,
Moscow Bank
Vneshtorgbank
First Czech-Russian Bank
Sberbank of Russia,
Soyuz
Transkreditbank
URALSIB
Khanty-Mansiyskii Bank
More than half of foreign banks operating in Russia are among the clients:
ABN AMRO Bank
BNP Pariba Bank
Deustche Bank,
Drezdner Bank
ING Bank (Eurasia)
Rusfinans Bank
Svenska Handelsbanken
Diasoft's clients also include leading investment companies:
Absolyut-Invest
Troika Dialog
URALSIB Capital
Tserikh Capital Management
Contact:
Headquarters:
3/14, Polkovaya St.,
Moscow 127018
Russia
tel: +7 (495) 780-7575, 789-9339,
fax: +7 (495) 780-7576, 789-9338
Website URL: www.diasoft.com
eMail: info@diasoft.com
