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Netris Promoting Banking Development

Saturday, 03 November 2007 11:03

Netris, a leader in software development and system integration in IP communications, represents a new version of IPSoft DebtCollection 2.0, designed for banks, credit organizations and collection agencies. Netris is planning to occupy niche in banking software segment.

“Netris is not a beginner in banking segment,” says Alexey Bugay, Netris CEO. “Some of our products have already been used in one of the biggest Russian banks for several years. Having analyzed the situation on the emerging credit market we decided to choose banking direction as a business priority. And the development of IPSoft DebtCollection new version proves our intensions.”

Banks comprise a closed segment for external software solutions as they impose heavy demands for flexibility, security and performance.    Netris has been working with one of the biggest Russian banks for several years and the experience of cooperation resulted in IPSoft DebtCollection 2.0 development. Software functions solve problems connected with automation and control of debtors’ credit files processing. IPSoft DebtCollection system approach allows banks to reduce amount of overdue payments and quantity of defaulting debts.

The basic advantage of IPSoft DebtCollection new version is its flexibility of setting up business processes, users groups and distribution attributes. IPSoft DebtCollection offers the following possibilities for operating debts: changing the procedure of credit file processing, automating status change, changing interaction mechanisms. Bank officials according to their job responsibilities use different software tools for reaching their objectives. As IPSoft DebtCollection is a web-application it doesn’t require installation on each PC this makes system implementation easier and increases its security level.

Netris is developing software in several directions among them IPTV and OSS/BSS. Banking segment will be the third priority business for the company.

About Netris

JSK Netris is a Russian leader in software development and system integration. The company specializes in software development and solutions implementation in bank credit departments, IPTV, OSS/BSS markets, multimedia camera platforms of Next Generation Network (NGN) and in other modern solutions. Today most of Russian commercial IPTV solutions use IPSoft iVision IPTV Middleware created by Netris.