Creditron in real business environment at FHB Bank
The fruits of the labour of risk managers and developers have become ripe finally, the Creditron system is working in real business environment.
Start of the Creditron project at Erste Investment Ltd.
A few weeks after signing the contract, the kick-off meeting was held and followed by the start of active work related to the launch of Creditron.
Professional day
At the event organized at Hotel InterContinental in Budapest the latest news from the private banking industry and our latest products related to property management, Netfolio and Pozitron were presented. After a short registration process and a coffee break the participants got an overall picture of the activities of Ramasoft group presented by Marton Radnai. Afterwards the Netfolio application was introduced then Istvan Barocsi, managing director of Blochamps Capital Ltd. gave a lecture on the private banking industry. At the end came a presentation about the functions and the opportunities of use of Pozitron. The presentations were followed by a drawing: the lucky winner won a domestic weekend trip with an exclusive car rental. At the end of the professional day we invited the audience for lunch. Hereby we would like to thank all participants for their honourable interest.
Another Creditron launch has been achieved
As a result of the hard work of the risk managers of Commerzbank and our developers and consultants Creditron is now working in full operation at the bank.
Varitron launch at Concorde
We have achieved the last phase of our Varitron project at Concorde Investment Ltd., the system is working in real business environment.
Presentation in Moscow
Marton Radnai, the CEO of our company gave a lecture in Moscow at the „Seminar on Liquidity and Interest Rate Risk Management in the International Practice” organised by the International Financial Corporation. The title of his lecture was: „How a medium size bank is able to introduce an out-of-the-box system for managing interest rate and liquidity risk?” About 150 experts dealing with risk management participated in the conference.
Launch at the Serbian National Bank
An international press conference was held in Belgrade to announce that the FMIS (Financial Mangement Information System) project has been started financed by the European Union and involving HP as the primary contractor. Within the frameworks of this project our company installed the Varitron system at the Serbian National Bank. Varitron performs middle office tasks related to foreign exchange reserve management.
Launch of Varitron has started at MKB Bank
On 1st February 2009 the installation process of the Varitron system has started at MKB Bank. The project involves the implementation of the VaR calculating and the fund management modules of Varitron.
Activating the system at OTP Serbia
Varitron has started its active operation at the Serbian subsidiary of OTP Bank: the system provides the daily trading book reports according to the Serbian regulations.
First launch of Varitron at a Savings Co-operative
On 1st April 2009 the launching project of Varitron has started at Duna Savings Co-operative. The speciality of the project is that Duna Savings Co-operative is the first Savings Co-operative to use Varitron for managing risks and making trading book reports. At the kick-off meeting in Esztergom we got acquainted with the project and started the project work.
Pozitron launch has started at Erste Investment Ltd.
After the launch of netfolio.hu in last November, Pozitron, the „engine” of netfolio.hu was ordered by Erste Investment Ltd, where our first Pozitron launching project will be implemented. The project has started on 6th April 2009 with the specification phase, during which we customize the system to the needs of investment providers.
Sopron Bank – Varitron in full operation
After the long and profound testing period and the successful test run the Varitron system has been activated at Sopron Bank. The bank uses both the trading book module and the risk management module during its daily operation.