Center of Financial Technologies Center of Financial Technologies is a Russian software company that provides software solutions and services to financial, healthcare and public sectors. It has been described as "Russia’s national payment system ". It is among the five largest software developing companies operating on the CIS market.Operations The Company offers banking software and processing services:Banking software In financial services , the company's software is used in retail banking and corporate banking to automate processes. CFT also provides solution to capital market activities. 2MCA - universal banking system designed for federal and multi-divisional banks. CFT-Bank - core banking system for operation, accounting, management systems automation. CFT-Retail Bank - retail banking solution. CFT-Data Warehouse - centralized information and analytic system for a corporate data warehouse. CFT-Front Office - front retail banking system CFT-Budget Planning, CFT-Management Accounts, bank management systems - systems for budgeting and management accounts. Processing services Zolotaya Korona : Russian payment system that provides cash and cashless services. The system unites over 160 participants in 75 regions of Russian Federation and the CIS. As of January 1, 2009 , the number of cards emitted in the system was 14,382, 223. The total turnover in the system reached 415.8 billion rubles. Zolotaya Korona - Money Transfers : instant money transfers without account opening, that unites over 20,000 points on the territory of RF and CIS, 220 banks and retailers; integrated with MoneyGram system. National bill consolidation system Gorod : collection and processing of utilities and other mass payments. Faktura.ru : interbank center that provides internet and mobile banking solutions for corporate and retail customers. Processing center CardStandard : provides processing services for emission and acquiring of international payment systems cards Visa International and MasterCard WorldWide.Market role CFT Group is among the top five largest software developers on the Russian market. According to IBS Intelligence , CFT occupies the 1st place according to the number of new contracts for core banking system on the Russian and CIS markets. Among CFT customers are such banks as Sberbank of Russia , Gazprombank , MDM Bank , and Uralsib .
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