Home News & events Press Releases 2010 Home Credit & Finance Bank

 

bHomeCreditIn 2008 Compass Plus won a tender to provide Home Credit & Finance Bank (Russia) with a retail banking system as part of the bank’s development strategy. Compass Plus offered both TranzWare Online and TranzWare CMS as key solutions for the large-scale project which has now been successfully implemented and up-and-running for over a year.

One of the key factors in choosing Compass Plus was the availability of the toolset enabling the description of business processes based on the workflow engine within TranzWare CMS. These tools comply with the bank’s requirements to provide universal retail banking services, helping the bank to achieve the required system work logic, and the operators to avoid any possibility of making even the slightest mistake. The multi-functionality of TranzWare CMS has enabled Home Credit & Finance Bank to provide a large range of additional bank products services to its clients.

One of the most significant projects involves “package deals”: a set of services based on a debit card account. The unique feature of these package deals is the well organized and logically constructed approach to satisfying the daily requirements of clients. The account package deals available are the Simple plan, Personal plan and Special plan, where the customer gets access to a vast range of services, the parameters of which depend on the chosen tariff. The bank’s customer, depending on his/her changing requirements, can easily switch between deals due to the flexibility and innovation of TranzWare technology. After implementing TranzWare, the bank began actively operating current accounts, debit cards as well as dynamically developing its ATM network enabling the bank to implement new projects and improve the services offered to the customers.

According to Mr. Kirill Kibalko, Head of Software Development and Support Department & Deputy Director of IT Department, the collaboration with Compass Plus can be described as follows: “We consider the partnership with Compass Plus as efficient and positive, we appreciate the highly-skilled professional level of the team that implemented complex projects and performed constructive work with a large customer such as Home Credit & Finance Bank. In particular, I would like to mention that Compass Plus could reconstruct its project operation methods according to the requirements of our bank, having actually developed the individual production cycle for us.” The bank has been successfully using TranzWare solutions for more than a year, and has plans to implement projects such as deposit accounts, debit card insurance and a number of other projects, all using TranzWare.

Home Credit & Finance Bank LLC has been the market leader since 2002 and is now one of the leading bank retail companies in the Russian market. As of 31st December 2009, the bank’s share of the trade loans market amounted to 28%, and 8.5% in the credit card market. The bank has 82 representative offices, 175 offices, 7 branches and 250 ATM in various regions of Russia. HCF Bank offers its customers a wide range of credit products under different circumstances. The products are offered in more than 32 thousand partner shops in 1.200 Russian cities. The bank client base exceeds 16 million people. The bank ranks in the top 50 of Russian banks and is the leader in consumer loans. At the Financial Olympus awards, the bank was recognised as the best retail bank in the “Potential and perspective” category. According to the results of the national banking awards, the bank was awarded 2 nominations: “For development of banking services in regions of Russia” and as “Information open bank”. In April, 2008, during the 4th annual “Russian Financial Elite” awards, HCF Bank was announced as the winner in the “The bank of the year in consumer loans” category.
www.homecredit.ru

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