Home News & events Press Releases 2008 Commercial Bank "Transportny" launches in-house processing centre


transbankOn 27th February 2008, Commercial Bank «Transportny» launched an in-house processing centre based on Compass Plus’s TranzWare Online solution. The entire project was realised within 7 months.

Director of the bank’s IT department, Aleksander Kan said the following about the collaboration, “Together with Compass Plus and in many respects because of the highly skilled and well-organised Compass Plus team we were able to implement the TranzWare solution to the bank, certify the processing centre in MPS VISA and begin serving our customers within a mere six months. Thanks to the project our clients are now able to use more extensive bank services and thus obtain a better overall service. We now also have the capability to constantly add to our services making our bank a competitive financial institution in the retail market.”

The creation of an in-house processing centre was the result of a joint development project with Roland Berger Strategy Consultants realised as a part of the bank’s development strategy directed at the development of retail business and the remote banking system. President of the bank, Aleksander Arifov commented on Compass Plus solutions as follows: "The decision to use Compass Plus solutions was the best decision for the bank and allowed us to:

  • implement the business processes described in the development strategy based on Western standards, with simultaneous adherence to Russian conditions;
  • ensure flexibility of the solutions in a number of ways (frontal processing solution, the Back-office solution for an entire spectrum of the bank’s retail products, Internet- bank etc.);
  • adhere to deadlines set out by the strategy;
  • optimize the expenditures of the bank by saving on integrated solutions.

Already today the processing centre performs a complete cycle of operations in both issuing and servicing plastic cards. Furthermore, the bank will soon give a wide spectrum of additional services to all cardholders, such as: managing accounts, making payments through the internet, call centre or mobile phones.”

Further developments as to the functional possibilities of the processing centre will include the realization and support of loyalty programmes. Therefore, the card products of the bank will become even more convenient and more diverse, and the services - even more attractive for clients.

Commercial Bank «Transportny» considers itself a stably growing bank of Russia, with a high degree of financial stability. The bank is a member of the Visa international payment system. At the present moment the bank provides an entire spectrum of services to a wide circle of clients.

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