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TTF offered to banks the decision for operative connection to the platform personal Finance “Phenology”

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October 26, 2020
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TTF offered to banks the decision for operative connection to the platform personal Finance “Phenology”
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TTF offered to banks the decision for operative connection to the platform personal Finance “Phenology”Ekaterina Aleksandrova | 26.10.2020

ЦФТ предложила банкам решение для оперативного подключения к платформе личных финансов «Финуслуги»

On the CFT, the Bank can begin work on the platform in a short time without developing their own ABS.

Platform personal Finance “Penology”, the operator of which is the Moscow exchange, allows any Bank without significant cost to expand the geography of work, to reduce the cost of attracting new
customers, and in the future to offer new products online.

To reduce financial and time costs banks to connect to the “financial services” company CFT in cooperation with the experts of the Moscow exchange and the specialists of the partner banks have developed cloud
service “CFT-Marketplace”. With this solution the Bank is able quick connect to the “financial services” and thus reduces your cost of creating IT infrastructure.

According to the Chairman of the Board of CFT GC Andrew Visasia using the new solution, the Bank can conduct the start-up launch a new service for two to four weeks without performing any modifications on the
the side of his ABS. The solution meets all the requirements of the Russian legislation.

Several banks are already connected to “financial services”, using technology developed by company CFT. The functional component of a cloud service “CFT-Marketplace” will be developed along with
the development and emergence of new products placed on the platform of “Phenology”.

banks, banking services

Center of Financial Technologies (CFT)

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