Ukrgasbank Implements Securities Module
Ukrgasbank has implemented the Securities module developed by Lime Systems, automating the bank’s full cycle of operations with different types of securities, including promissory notes, shares, and bonds.
As Ukrainian banks expand their activities in the securities market, the new solution provides Ukrgasbank with the tools required to manage these operations within its banking environment.
The implemented functionality includes a full-featured workflow engine with a graphical interface, enabling the bank to configure business processes and modify accounting models independently, without involving the software vendor.
Ukrgasbank continues to strengthen the technological capabilities that support the quality of its banking services. Lime Systems has once again proved to be a reliable partner, providing software solutions for even the most complex tasks.
In the first quarter of 2016, the company completed another successful implementation for the bank — the Securities module, automating the full cycle of operations with different types of securities, including promissory notes, shares, and bonds.
The solution allows our specialists to spend less time setting up securities purchase agreements, recording securities on the balance sheet, calculating interest, amortising discounts and premiums, and performing revaluations.
The system supports separate issuance processes for different types of securities and meets the bank’s operational requirements. Our productive cooperation with Lime Systems continues through new projects. We value our partnership and wish the company every success.
About Ukrgasbank
Ukrgasbank is a state-owned Ukrainian commercial bank established in 1993. The Ministry of Finance of Ukraine holds 94.94% of the bank’s shares. Ukrgasbank provides banking services to corporate and retail customers and operates through a nationwide network in Ukraine.
13/05/2016
