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22 октября 2014

Diasoft: Results of the Year 2013

PRODUCTS

In 2013 Diasoft continued to perform component strategy, which is implemented  in two software product lines: FLEXTERA and Diasoft FA#. Due to the advances in the development of new technologies capable to support the rapid development of business, the company became the fi rst Russian developer of banking software which was twice in the global suppliers list Magic Quadrant for International Retail Core Banking Systems (Gartner). In 2013 FLEXTERA was included into the Leaders quadrant.

The compliance of Diasoft innovative solutions with international industry and technology standards were confirmed by IBM experts once again: Diasoft became the winner of the international competition IBM Beacon Awards 2013 in the nomination of "The Best solution for bank sector". The company victory was achieved by FLEXTERA software product line which fully complies with Smarter Planet and IBM Industry Solutions requirements, the open standards and component-based approach to the architecture construction and helps to improve the bank business processes.

For three years Diasoft remains the laureate of Retail Finance Awards. In 2013, a single integrated operational front office FIEXTERA was awarded with a special prize in the nomination of "The Best IT solution".

The company topped the ranking in the annual analytical review of "Human relations management (HRM)" among IT companies working with fi nancial institutions. According to TAdviser study Diasoft takes up one third of the market concerning the development and implementation of HRM bank systems and acts as its undisputed leader. Diasoft FA# Balance high-tech system became one of the top 10 systems on the total number of implementations in Russia.

PROJECTS

The projects of complex bank systems (ABS) implementation based on FLEXTERA component architecture in Unistream and BFA Bank are among the significant events of 2013. The fi rst project results in BFA Bank allowed Diasoft to be shortlisted for the fi nal of the FSTech international competition in the category "Innovation of the Year in cloud computing".

The company achieved new progress in the implementation of international strategy and its own decisions promotion at the foreign market. The fi rst project concerning FLEXTERA implementation was completed successfully in one of the largest banks in Vietnam – Vietnam International Bank.

The performance at the international arena was refl ected in the ranking of the largest global providers of fi nancial technology FinTech 100. Diasoft rose up by overcoming three list lines.

Along with large complex projects under the component IT architecture development strategy Diasoft Company successfully implemented the projects based on FLEXTERA components in Credit Bank of Moscow, Investtradebank, Interprombank, etc. In 2013 the implementation of FLEXTERA started in Societe Generale Insurance, VTB Insurance, AHML and other insurance companies.

CUSTOMERS

Due to the component approach of IT architecture development, which allows you to improve business processes quickly, Diasoft signifi cantly expanded its range of clients. According to the annual rating of Russian suppliers concerning IBS Sales League Table bank software, compiled by IBS Intelligence British Company, Diasoft  took the second place on the amount of contracts for the supply of core bank systems to new customers. In 2013 the Company concluded ten contracts in Russia. Last year Diasoft attracted the following customers: Ikano Bank, Oney Bank, Solid Bank, Koshelev Bank, Zhivago-Bank, MC Bank Rus (Mitsubishi Corporation) and other fi nancial institutions.

Besides, Diasoft entered the top 5 global vendors of The Big Leagues 2013: Core Platform Sales Ranking of Celent international agency by the total number of transactions in 2012–2013.

The company continued to develop its cooperation with customers on the basis of Diasoft FA#. 52 banks upgraded successfully to the new component version 7.2 of Diasoft FA# integrated system. The projects using this product line are implemented in Fundservicebank, Royal Bank of Scotland, BNP Paribas Bank, Evrofinance MosnarBank, Interprombank, Credit Bank of Moscow, Bank "Soyuzny" and many other entities.

"The best proof of the Diasoft Company success in 2013 is the trust of customers who have chosen our solutions, and market recognition as a whole, expressed in numerous prizes and awards, – comments on the results CEO Dmitry Zubarev. – We intend to continue following of the chosen strategy, constantly improve and actively promote innovative products within the domestic and foreign markets".

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