In September, Zlato Processing Center in Ukraine successfully completed the migration of Zlato Bank’s card base to its in-house processing centre, built on TranzWare from Compass Plus. The migration marked the completion of a large-scale project, which also included the migration of the bank's acquiring network that took place during the summer of 2014.
The implementation of the project and running of the bank’s card business on a new integrated, high-performance platform will significantly reduce the time-to-market for new products and services, as well as improve efficiency and minimise operational costs for maintaining the card infrastructure. In addition, the migration has become the first project that gives the bank opportunities to offer its processing services to other financial institutions.
Andrey Voronov, General Director at Zlato Processing Center, said: “We appreciated the highly professional level and expertise of Compass Plus specialists, which enabled us to complete such an ambitious project within the shortest time. Unification of the processing solution built on TranzWare products will facilitate the procedure of connecting new banks to the processing centre, as well as offer potential customers the most advanced technological solutions and products that meet the latest requirements.”