System Start

 Brief Description of the Integration Project

1. The System is launched by a joint Project Team that consists of specialists of the Bank and CFT, who can work both on-site and remotely.
2. The Project consists of a set of sub-projects – "one Project for one Product".
3. Each sub-project is aimed at a certain business result for the Bank and has a fixed LAUNCH DATE and PRODUCT PARAMETERS.
4. Project Management:
   1. 4.1 Project Director​​ is the head of the Project on the part of CFT who is responsible for TIMELY launch of all Products necessary for the Bank.
   2. 4.2 Sub-project Co-director is the head of a sub-project on the launch of a certain Financial Product on the part of the Bank who is responsible for determination of the PARAMETERS and the DATE of installation of the respective Financial Product. As a rule, it is a head of the Bank business department with business plans concerning the scopes of attraction, placement, number of customers, margin etc.
   3. 4.3 Sub-project Coordinator is the head of a sub-project on the launch of a certain Financial Product on the part of CFT who is responsible for timely launch of the respective Financial Product and who coordinates the work of the specialists of CFT Project Team on the installation of the Financial Product.
5. The launch of a Financial Product includes:
   1. 5.1 a sequence of stages (survey, acceptance tests, transfer and control support, end of month),
   2. 5.2 works on the setup, conversion, integration and customization of the Product in accordance with the specific requirements of the Bank.
6. Weekly control of the Project progress.
   1. During the implementation of each sub-project, on a weekly basis, the Project Director on the part of CFT and Sub-project Co-director on the part of the Bank sum up the results of the previous week and coordinate and record the work plan (in accordance with the Product launch priorities) for the coming week.

System Launch Services​

• Training
• Installation of OS, DBMS, Platform
• Estimation of the quality of initial data

  The Customer provides export data that conform to the existing formats of data import to Applications. Within the service framework CFT provides consultation regarding the quality and completeness of export data.

  Consultation in the following directions is provided within the service framework:

  • Consultation regarding filling in the structures of initial data for their further import to Applications,
  • Provision of recommendations to the Customer Project Team regarding the improvement of data quality in legacy systems,
  • Consultation on data reconciliation using specialized automated procedures,
  • Carrying out independent tests on data conversion.
• Launch of Products/Applications

  The service includes:

  • setup of existing CFT Product/Application parameters ("as is") in accordance with the values necessary for the Bank,
  • setup of user access right groups to a Product/Application,
  • import of data from the Export file to Products/Applications (does not include export of data to the Export file from the Customer's previous core banking system).
• Integration of Applications

  As a result of the service rendering the Customer receives a report that contains:

  • General requirements,
  • Principles and concept of the integration environment,
  • Principles of interaction of Applications, modules and components,
  • Requirements to linking to the integration environment of Applications, modules and components,
  • Functional requirements to linked Applications, modules and components,
  • Requirements to transferred information objects,
  • Provisions on information security.
• Modification of Products/Applications

  Modification of a standard Financial Product can be legitimate if namely this Product:
  
  (1) is specialized for the Bank, i.e. it will allow the Bank to differentiate from its competitors and therefore to gain higher profit,
  
  At each moment of time the Bank managers are focused on the final set of specialized Products that are necessary to achieve the Bank strategic goals. These are the Products that require the closest attention from the Bank business, its IT and CFT.
  
  At initial System integration these Products are launched (and modified, if necessary) with maximum priority.
  
  (2) improves the Bank PRODUCTIVITY, i.e. allows achieving more with less money.
  
  At initial System integration it is reasonable to modify a standard Financial Product only if its use "as is" requires more labor costs/time from the Bank employees than during the use of its analog used earlier.

  For quick System modification CFT provides for the Banks its supermodern Platform, Products, Applications, CFT-Bank application interfaces (API), and if necessary, services of high-class CFT specialists.

  When launching each project on modification of a standard CFT Product, compare the actual financial and time costs and risks related to its modification with the prospective strategic benefits or increase of the PRODUCTIVITY (in the terms of the growth of return on investment and profit) which the Bank plans to receive in return.

  CFT carries out projects in constant close contact with the business customer in the weekly iteration mode, i.e.:

  • we increase the functionality of the Product/Application gradually, step by step, week after week,
  • at first, the Product/Application contains minimum functionality. But this functionality is the most essential, and it will be of high quality,
  • during the work on the Product/Application the business customer receives new weekly versions of the Product/Application in respect of the remarks received on the previous week,
  • the business customer controls the budget and the results and sets priorities on a weekly basis.
• Test days

  Within the service framework the joint Project Team of the Customer and CFT performs training regarding the use of Applications for the Customer employees on the Customer test scheme (test day).

  The purpose of the training (test day) is the checkup of:

  • Interaction of the Customer subdivisions during the use of the Application,
  • Productivity of the Application in the set of interrelated Applications,
  • Interaction of the Application with the Customer external systems.

  Consultation in the following directions is provided within the service framework:

  • Consultation of the members of the Customer Project Team regarding the preparation of the program, methods and control examples for the training,
  • Development of an hourly plan for the commissioning of the Application and practice of the actions of the Project Teams of the Customer, CFT and third-party organizations (if necessary, for example, for external systems),
  • Provision of recommendations on the elimination of remarks to the extent of the Customer responsibility,
  • Arrangement of quick monitoring and allocation of requests from Application users among respective specialists of the Project Teams of the Customer and CFT.
• Load testing

  Within the service framework the joint Project Team of the Customer and CFT carries out load testing of the hardware and software complex (hereinafter HSC).

  The Project Team generates a report based on the results of the load testing that contains the following sections:

  • Description of HSC configuration and completeness;
  • Carrying out of tests and their results:
  • Test profiles
  • Description of test carrying out conditions
  • Test results

  • Resume on HSC productivity broken down by test profiles;
  • Recommendations on HSC optimization.

   

  Based on the analysis of the Specification and Platform Metrics provided by the Customer Project Team (number of users operating simultaneously, number of effective agreements, opened accounts, documents, etc.), and description of HSC configuration and working mode, the company experts provide consultation in the following directions:

  • Development of the plan for carrying out of tests
  • Description of load profiles for various modes and periods of the use of applications
  • Participation in the determination of the content and configuration of the test stand for correct modelling of application operation modes
  • Determination of the content of logged application characteristics
  • Development and setup of automated load scripts and emulators
  • Organization and carrying out of load testing
  • Preparation and coordination with all project participants of the test protocols
  • Analysis of load test protocols, rendering help and provision of recommendations to the extent of elimination of remarks recorded in the course of the testing.
• Control support

  CFT project team provides consultation to the Customer users and project team during initial operation of Applications.

  Consultation in the following directions is provided within the service framework:

  • Transfer of Applications into production according to the hourly plan,
  • Quick processing of requests received from Application users or the Customer project team
• Consultation of generation of statutory reporting

  CFT project team provides consultation to the Customer users and project team to the extent of Application regarding generation of statutory reporting.

  Consultation in the following directions is provided within the service framework:

  • Analysis of generated reports and provision of recommendations on:
  • customization of Applications on generation of statutory reporting in accordance with the Customer operation specifics,
  • reconciliation and update of initial data in Applications,
  • Quick provision of consultation regarding operation of Applications on generation of statutory reporting,
  • Quick provision of consultation regarding report consolidation,
  • Quick provision of consultation regarding report export.
• Consultation on the end of month

  Within the service framework CFT project team provides consultation to the Customer users and project team regarding the operation of standard package procedures performed at the end of the month in Applications.

  For example, interest assessment and accrual to accounts of legal persons, assessment and withholding of the periodical fee, loss reserve creation etc.

  Consultation in the following directions is provided within the service framework:

  • Analysis of the results of work of package procedures and provision of recommendations on the customization of package procedures in accordance with the Customer operation specifics.
  • Quick provision of consultation regarding operation of package procedures.

Product start

1. Select a Financial Product (from the Product Catalog) which you would like to offer to your customers.
   
   Each Product in the Catalog has:
   • description,
   • set of parameters configurable by the Bank (e.g., % rate, effective period, minimum balance, etc.),
     
     On the basis of each CFT Product Banks can configure an unlimited number of own Financial Products with various parameter values.
   • Product setup example with given parameters,
   • Set of Applications necessary for the Product launch.
     
     Sign in in the Bank Cabinet and you will see which Applications (within the selected Product) are licensed, and which require licensing (and their total cost). If any Applications required for the Product launch are not licensed by the Bank, the Bank can start using them in the Test Mode (FREE OF CHARGE during the first month).
      
2. Configure the Product in accordance with your parameters.

Support

Transfer to new CFT-Bank versions as they are released  

In accordance with CFT-Bank update schedule, CFT releases new System versions which include a large scope of follow-ups:

• New Applications created in accordance with Bank business priorities,
• Modified versions of existing Applications with a more developed functionality and corrected errors.

Use of outdated CFT-Bank versions:

• deprives the Bank of all new System opportunities and therefore slows down the launch of new Financial Products,
• increases the Bank costs for correction of errors (already corrected by CFT) and for creation and maintenance of own Products/Applications which are already implemented by CFT as a System standard, therefore the Bank loses the main advantage of the production System, i.e. the opportunity to share the investments in its creation and maintenance with other customers of the vendor.

Maintenance websites:

Maintenance Website	Address
Platform 1, 2 МСА and Application Catalog	http://support.cft.ru/
CFT-Retail Bank (Oracle-based)	https://confluence.korona.net/
Golden Crown System	https://koronapay.com/transfers/Bank/Support/
Golden Crown – Money Transfers System	https://koronapay.com/
Faktura.ru	http://bank.faktura.ru/
National Gorod System	http://www.kvartplata.ru/Partners/

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