OREANDA-NEWS. Armada (MICEX-RTS: ARMD) and Plus Bank OJSC jointly presented the report "Reducing Operating Expenses in Retail Lending through High Levels of Automation" at the conference of Retail Finance "Lending and Risks in a Retail Bank". The Bank's presentation highlighted the reasons why it preferred GUARDEAN RiskSuite to a number of other solutions.

"Before choosing a supplier we conducted an in-depth analysis of proposals and the solution presented by Armada fully satisfied all our needs related to the work of risk managers of the bank," said Kirill Grigoryev, Advisor to CEO of Plus Bank OJSC.

"The benefits of the GUARDEAN Risk Suite solution include technological criteria, such as the possibility of direct interaction with external sources without the use of a data bus and availability of a scripting language, decision trees, a module for working with various scorecards. The solution also has a number of crucial business components: versioning of the strategy elements, possibility of modifying it in a real time mode without involvement of IT specialists and other components," said Elena Dotsenko, a representative of the bank.