Netris, a leader in software development and system integration in IP communications, and Severnaya Kazna, one of the biggest banks in Sverdlovsk, Chelyabinsk and Perm regions, have announced today the successful completion of IPSoft DebtCollection implementation in the bank collection department. Under a long-term contract Netris has installed IPSoft DebtCollection, a universal automated system for distressed assets operation, and will provide customer support and system development services.

IPSoft DebtCollection is a flexible, reliable and effective platform that provides optimization of overdue debts collection. Using high technologies Netris created an advanced tool for credit files processing management. The basic advantages of the product are easy and quick system installation, flexible settings and operational comfort. IPSoft DebtCollection connects regional offices to the central Defaulting Debtors Database. That is a very useful product for banks with a wide branch network.

One of the basic directions of Severnaya Kazna is regional branch network extended in the cities of Moscow and Saint-Petersburg, as well as in Sverdlovsk, Chelyabinsk, Tyumen and Perm regions. IPSoft DebtCollection allows bank officials from any regional office to gain access and to process credit files from central Defaulting Debtors Database.
“We intend to create a credit portfolio with minimum overdue debts. That is why we have been choosing debt collection software very carefully. IPSoft DebtCollection is a balanced system that can be used as a basis of cooperation between bank officials and debtors,” says Andrey Volchik, Severnaya Kazna Board Chairman.

“We are very proud that Severnaya Kazna has chosen our solution for distressed assets management,” says Alexey Bugay, Netris CEO. “IPSoft DebtCollection seems to be a very progressive product that can optimize work of collection agencies and bank collection departments. We are planning to continue system functions extension to provide operational comfort and qualitative services to our customers.”

About Severnaya Kazna

JSC Severnaya kazna (www.kazna.ru) was founded in 1992. The bank founders made stress on progressive banking technologies and its successful work in this direction allows the bank Severnaya kazna to stand out among numerous credit organizations. Since 1999 the bank has provided its customers with internet bank services, using its own software - Internetbank. In 2007 CNews considered Internetbank to be the best software in Russia.
Today according to financial indicators Severnaya Kazna is in Top 100 of Russian credit institutions. And according to the amount of net assets, equity funds, customer’s accounts and the bank profit Severnaya Kazna is one of the biggest banks in Sverdlovsk, Chelyabinsk, Tyumen and Perm region.

About Netris

Netris (www.netris.ru) is a leader in software development and system integration for service providers and banking sector. The company’s products and solutions are released under IPSoft trademark. On the Russian market this trademark has been known for more than a decade.

The basic Netris customers are telecommunication companies and banking institutions that try to improve their efficiency by using high technologies. Netris provides advanced debt collection solutions with IPSoft DebtCollection as a core component. This proven best-of-breed platform is the key element of Netris’ solution portfolio which also includes IPSoft iVision IPTV Middleware, IPSoft iVision PC Solution, IPSoft iStream Video Server, IPSoft Distributed Media Architect and IPSoft Order Management System. Today Netris’ products are deployed at the most significant banks in Russia such as Russian Standard Bank, Severnaya Kazna Bank (Alfa Bank), Sovcombank.