Uniastrum Bank opts for BPC’s SmartVista

BPC Banking Technologies, the recognized provider of e-payment solutions for the global financial industry, has recently announced that Uniastrum Bank (Russia) has committed to BPC’s SmartVista suite of software products as a technology foundation for the bank’s card business.

Uniastrum Bank has selected SmartVista to support its immediate need to handle the growing card transaction volumes, to deliver enhanced product offering at ATMs and EFT terminals, as well as preparing its entire card processing infrastructure for future growth.

The SmartVista implementation includes support for the comprehensive debit and credit card issuing and acquiring functionality, EMV acquiring facilities, and multiple interfaces to Visa International and MasterCard Worldwide international payment schemes, sponsor banks’ processing centres, payment gateways and other banking systems.

Uniastrum Bank will leverage the SmartVista solution to aid in extending the range of value-added services available at ATMs and kiosks, including cash-in facility, funds transfers between accounts and to third party accounts, mobile and utility payments, etc.

Vadim Gavrilov, Deputy Chairman of the Board, “Uniastrum Bank” commented as follows: “IT infrastructure changes are essential if we are to make an impact in the retail financial services market, which is clearly our intention. As customers are becoming more and more demanding, we need to honour our commitment to meet their expectations with new banking offerings and quality service. We were looking for a solution that would make us well equipped for both the current objectives and tomorrow’s challenges, and SmartVista met all those requirements”.

”SmartVista is designed to provide a reliable platform to support the bank’s aggressive growth plans in the retail segment. Over the last years many middle-sized Russian banks have opted for SmartVista to drive their card business. Building on SmartVista comprehensive functionality and highly scalable architecture, the bank will cement its position as a leader in this market and provide enhanced efficiency and convenience of services for its multiple customers,” stated Sergey Lukyanov, Deputy CEO, BPC.

About Uniastrum Bank
Uniastrum Bank was established in 1994. Today it is a universal financial institution offering the entire range of financial services to corporates and individuals, and focusing on retail banking. Uniastrum Bank maintains a solid standing in the ratings by various Russian agencies. According to the leading Russian business information network “Rosbusinessconsulting”, the Bank is ranked number 13th in car loans, number 17th in residential mortgages and the 4th in bank-managed mutual funds (OFBU). In 2003 the bank embarked on an expansion of its retail network in Moscow as well as throughout regional areas. Currently the bank successfully manages more than 41 branches and 230 offices in 43 regions of Russia. Uniastrum Bank is a Principal member of Visa International and Affiliate member of MasterCard Worldwide.