This year is particularly important for Ramasoft, as it celebrates its twenty-fifth anniversary this year.

The event was held at a gala dinner on 22 November at the Budapest Marriott Hotel*****.

Among those present, we welcomed current and former colleagues, as well as partners and customers who have been with us for twenty-five years.

Dr. Márton Radnai, CEO, summarized the two and a half decades of the company's history, mentioning the main milestones and future plans.

Our company has expanded with another partnership in the person of the french Invoke.

In 2020, listed companies will face a new challenge of ESEF compliance. Following a number of XBRL projects this year, we have decided to provide assistance to not only financial institutions but also listed companies to convert their reports to the iXBRL format. The preparation of reports in the format and content required by the Directive 2004/109 / EU (the so-called Transparency Directve) and Regulation 2018/815 / EU (the so-called ESEF RTS) is a complex task, so we looked for a highly experienced market player and we have chosen Invoke's solution. In order to disseminate the Invoke ESEF solution in Hungary, the two companies have decided to cooperate: Ramasoft Adatszolgáltató és Informatikai Zrt. distributes the Invoke ESEF solution in Hungary and provides professional (education, consulting, and parameterization) and support (help desk) services to it in Hungarian.

Last year we started a new project for Erste Bank. Our customer’s request was the development of MNB's stress tests, both in Varitron and Creditron systems. Thanks to the long-lasting hard work the result was born in summer.

Our first project with the Diófa Fund Management Ltd. ended in March . We extended Pozitron with management functions (planning, real-time limit control). In the next step we introduce our Varitron software, too, so we can help with risk management.

GPM and Ramasoft implemented aSISt universal Solvency II reporting system in their first common project for Aegon Hungary General Insurance Ltd. aSISt is a modern universal reporting system which supports the preparation of mandatory reports to the banking and insurance sector regulators especially in XBRL format (e.g. COREP, FINREP, Solvency, etc.). The work started in early April and has been completed in 1,5 months. The insurance company has been using the software to prepare and validate its reports.