ITA::Forms Capabilities Expanding

The back office is a vital center for a bank, as its efficient operation directly impacts the success of the bank’s business. For large, multi-branch banks that have undergone mergers and acquisitions, centralizing back office operations is a key task for ensuring efficiency and quality of work, as well as optimizing back office staff. Today, ITA::Forms, as a portal tool for centralizing back office functions across the banking network, provides:

• Processing of outstanding amounts;
• Processing of client payment documents in Russian rubles and foreign currencies;
• Processing of correspondent accounts in the RCC;
• Processing of conversion transactions;
• Processing of payment requests;
• Processing of proprietary transactions;
• Settlements with correspondents and the International Financial Reporting Service;
• Maintenance of client profiles (legal entities, sole proprietors, and individuals);
• Account opening and maintenance;
• Maintenance of cash settlement agreements;
• Maintenance of deposit agreements;
• Internal accounting;
• Off-balance sheet accounting;
• Maintenance of general agreements;
• Maintenance of directories and classifiers;
• Report generation in various formats, data export to xls;
• Provision of integration services with a single window for the client manager, Lotus, DBO, and the client manager’s open system;
• Integration with the SPARK-Interfax system and reconciliation of client database attributes.