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XI International Forum of Integral Banking System Developers

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VILNIUS, October 2005/Forbis Ltd. – The "Forbis" Company together with its business partner in Russia "Jet Infosystems" took part in the XI International Forum of Integral Banking System Developers.

On the 22nd of September the XI International Forum of Integral Banking System Developers took place in Moscow. It is an annual event, held by the Association of Russian Banks, where the "Forbis" and the "Jet Infosystems" Companies made two reports in two panel sessions.

The XI International Forum of Integral Banking System Developers, which assembled about 800 participants this year, took place on the 19-22 of September, 2005 in Moscow. The goal of this Forum is to provide aid to banks and other financial institutions in acquiring new developments made in the sphere of Integral Banking Systems, as well as to discuss the issues of the contemporary state and perspectives in the development of this market.
The Forum is held annually not only for the leaders of IT departments, but also for the heads of credit organisations, responsible for business development, report preparation, work with customers and also for other top-managers, who are not directly related to the issues of automation.
At the exhibition, which took place in the framework of the Forum, the companies-developers of the integral banking systems presented modern technologies and ready-made solutions for banks and financial institutions. About 40 companies suggested their solutions in the sphere of banking business automation. The participants of the event had an opportunity to get acquainted with a large number of the newest solutions, released to the market in the course of the year. The presented solutions embrace practically all the directions of credit institution activities.

The FORPOST banking information system evoked great interest. On the mount of the “Jet Infosystems” Company the representatives of banking organisations had an opportunity to get acquainted in detail with the potential of the system and get some essential consultations from the leading specialists of the Company’s Department of Applied Financial Systems and of the Division of Work with Banking Investment Organizations.

The leading specialists of the companies, producing banking software, made 128 presentations. The Lithuanian company Forbis on behalf of its CEO A. Zujev, and its exclusive partner the "Jet Infosystems" Company on behalf of K. Kazakov, responsible for the work with banking and financial institutions, made two presentations in two panel sessions. During the panel session dedicated to retail technologies Andrej Zujev, as a representative of the company producing banking software, namely the FORPOST banking information system, gave a detailed description of this solution and its advantages in comparison to Russian competitors in the retail banking business. Konstantin Kazakov, while presenting his report in the panel session dedicated to IT strategies and the experience of project realisation, covered the most relevant issues and tasks, being faced by financial institutions while building up the IT strategy, and also suggested how these issues could be tackled.

The participation in this Forum gave an opportunity to the Forbis Company and its business partner "Jet Infosystems" to light up new achievements in the development of the FORPOST system to a large spectrum of specialists in the sphere of banking technology automation and to achieve a new level of co-operation and understanding with the existing and potential customers.

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