UNISTREAM VP Igor Fedotov Wins FLEXTERA FUTURE AWARD

12.02.2014
UNISTREAM VP Igor Fedotov Wins FLEXTERA FUTURE AWARD

UNISTREAM Bank IT Vice President Igor Fedotov wins the first national FLEXTERA FUTURE AWARD in the “First All-inclusive FLEXTERA Project” category.

The first national FLEXTERA FUTURE AWARDS awarding ceremony was held on February 6, in Moscow. The jury selected six winners among 60 nominees. The winners were made up of representatives of Russian banks who personally contributed to the growth of FLEXTERA.

The first national FLEXTERA FUTURE AWARDS prize was established by Diasoft, the Russian leader in innovative solutions for financial institutions. The ceremony was attended by top managers of major Russian financial institutions and other banking community professionals. Elena Ishcheyeva, Executive Director of the Banki.ru media portal, was the MC of the awarding ceremony.

UNISTREAM launched its FLEXTERA project in March of 2012. The project has introduced a centralized solution for UNISTREAM transfers back-office processing, clearing operations between the transfer system’s banks, settlements through the Bank of Russia and SWIFT networks, cash operations, and mandatory reporting. This solution allows the bank to control all operations for countering the legalization of proceeds from crime and terrorist financing.

“The modern payment business relies on high-tech IT solutions that streamline processes, cut costs, improve operational efficiency and profitability of the company’s products and services,” says Igor Fedotov, UNISTREAM Bank Information Technology Vice President. “For us, the FLEXTERA solution was the right choice as it has helped us solve many issues and continues to contribute to UNISTREAM’s dynamic business growth in terms of expanding the list of products and services, customer base growth, and the number of transactions.”

About UNISTREAM

UNISTREAM International Money Transfer System is one of the most popular such systems in Russia and the CIS. It is currently operating in over 100 countries through more than 333,500 locations, including self-service terminals. UNISTREAM manages networks in Greece, the UK and Cyprus. More than 450 financial institutions around the world are partners of the system.

UNISTREAM is a co-founder of the National Payments Council, a non-profit partnership established under the aegis of the Central Bank of Russia and Russian Banks Association.

In 2013, UNISTREAM was named the Best Money Transfer System in Eastern Europe by International Finance Magazine. In 2012, UNISTREAM was awarded the IAMTN Award (the International Association of Money Transfer Networks) and Global Banking & Finance Review Awards.



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