News

New module in Varitron

March, 2005

Varitron ALM module is completed, it makes possible to prepare reports in connection with asset-liability management.

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Year-end performance

December, 2004

According to the anticipatory data in the 2004 year Ramasoft reached HUF 111.1 million turnover and HUF 37.2 million after-tax profit.

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The winner is Varitron

July, 2004

The Hungarian Development Bank called for public procurement called "Procurement and implementation of Market Risk Management System for the Hungarian Development Bank Ltd.". The winner of this public procurement was Ramasoft Llc. with Varitron software. Varitron prepares the regulatory reports monitoring the capital adequacy prescribed by the so-called "decree on the trading rule", besides the system provides market risk management and asset-liability analysis functions. The database supporting the system is a Microsoft SQL Server 2000.

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Varitron implementation at Inter-Europe Bank Ltd.

June, 2004

Inter-Europe Bank Ltd. decided to implement Varitron. The software prepares the regulatory report monitoring the capital adequacy ordered by the so-called "decree on the trading rule", besides the system provides market risk management and asset-liability analysis functions, and prepares daily assessment and profitability calculations of the bond positions of the bank. The database supporting the system is the Microsoft SQL Server 2000.

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System implementation at Erste Bank

March, 2004

Ramasoft was assigned to implement the Creditron system for Erste Bank Ltd. During the project Ramasoft adapts, develops, supports, trains and consults the system. The project is managed by Ramasoft. The database supporting the system is the Oracle 9.2, and besides preparing internal reports the system also provides the data required by the parent bank in Vienna. As far as we know this is will be the first Basel II solution in the Hungarian market implemented by an external solution provider.

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Varitron went live

January, 2004

After successful testing, Varitron went live at Dresdner Bank. With the software the bank automate its trading book reporting process.

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Year-end

December, 2003

According to the preliminary data in the 2003 year Ramasoft reached HUF 97.2 million turnover and HUF 26.7 million after-tax profit.

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Changing for Varitron

December, 2003

Erste Bank after aquiring Postabank decided to change its previous reporting system (Quant) for the Oracle version of Varitron used by Postabank. Erste Investments Ltd. also switched to the Oracle version of Varitron from Clavis.

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Varitron implementation in FHB

December, 2003

Ramasoft as a subcontractor of IQSYS began the Varitron implementation in FHB. The software provides market risk management and asset-liability analysis functions. The software will be connected to the Inforex front office system and Bankmaster banking system and other systems.

 

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Development for OTP Banka Slovenska

November, 2003

Ramasoft developed the Quant module preparing Slovakian trading book report for OTP Banka Slovenska, the Slovakian subsidiary of OTP.

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Dresner Bank has been chosen Varitron

October, 2003

Dresdner Bank Ltd. decided to buy the Varitron system to automate its trading book reporting process.

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Varitron went live at Credit Lyonnais Bank Hungary Ltd.

October, 2003

After successful testing, Varitron went live at Credit Lyonnais Bank Hungary Ltd. The system enables the bank to prepare trading book reports. Varitron interfaces with the banking system and is powered by a Microsoft SQL Server 2000 database. 

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