OREANDA-NEWS. December 26, 2012. Armada JSC (MICEX-RTS: ARMD) together with GUARDEAN, a German partner, took part in Finance Retail Forum held in Moscow on December. The forum was dedicated to credit risk management solutions at all stages of financial products’ life cycle.

The annual Finance Retail Forum serves as a ground which provides an opportunity to join the efforts of the market participants, such as banks, managers, brokerage companies, insurance companies, for the increase of the market development level, the quality and the culture thereof, and to find out the best IT-solutions contributing to the development of retail banks.

Armada together with GUARDEAN presented at the event a number of solutions which enable to increase the effectiveness of the current credit product portfolio management, to minimize credit risks in the course of granting of new loans and to establish full control over the credit process, including collection and monitoring of accounts payable. Ivan Evtyukhin, Head of Business Analytics, presented a report. The specialists of GUARDEAN at the stand introduced to the participants of the forum the possibilities of software products and solutions offered in the partnership with Armada.

The financial sector is one of priority sectors for Armada, the clients of the company are the largest banks of the country, among them the Central Bank of the Russian Federation, Sberbank, Vnesheconombank, VTB 24, Home Credit and Finance Bank, BSGV, Raiffeisen Bank, etc.