DIASOFT SUPPORTED ROSBANK, PART OF THE SOCIETE GENERALE GROUP, IN THE PROJECT FOR THE LAUNCH OF THE ROSBANK AUTO BRANCH
July 13, 2021
Earlier this year, Rosbank completed a merger with Rusfinance Bank, one of the leaders of the Russian car loan market. The reorganization resulted in the establishment of a new branch – Rosbank Auto – providing a full range of auto lending services, leasing products, car trading and long-term car rental together with traditional banking products. Diasoft ensured integration of the new branch with the bank’s head office and other branches and supported exchange of payments, centralized document workflow and balance conversion.
Rusfinance Bank used Diasoft solutions to support its payments and settlements for several years, which became an important criterion in selection of Diasoft as a technology partner in the merger. Diasoft experts transformed payment routing, standardized payment flows and supported exchange of payments in the SWIFT format and Russian Unified Formats of Electronic Bank Messages (UFEBS). All payments of Rosbank Auto are now sent to the Bank of Russia through Rosbank’s centralized settlement center.
Another important task in this project was the conversion of the balance of the former Rusfinance Bank and creation of the balance of Rosbank Auto. The project also included integration of the document workflow of the former Rusfinance bank into Rosbank’s document workflows.
“From the point of view of technologies, while establishing the new branch, we focused on reduction of the time-to-market and enablement of future projects for digitalization of business processes. With Diasoft’s support, we implemented an effective technological platform, which will help us to strengthen our leading position in the auto lending market of Russia”, commented Alexander Taratorin, IT Director, Rosbank.
“This integration project gave our team a valuable experience. It is a standard task to implement batch data exchange for our customers, but in this project, we had a rare opportunity to create an integration solution to support communication between the SWIFT adapter and the popular IBM MQ. The project team found the best approach to all technological tasks and ensured successful integration of the new branch with the Rosbank group”, says Pavel Pogorelsky, Product Director for Analytical Reporting, Diasoft.
Bank website: www.rosbank-auto.ru.