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Surgutneftegazbank ZAO wanted to enable swift analysis of bank business activities to support intelligent decision-making in the financial planning process and deploy an automated budgeting system to optimize operating costs, measure the cost-effectiveness of individual departments, and improve motivation across bank structures. The challenge was to prepare management reports to provide bank stakeholders with accurate information on the profitability of products, customers, and overall banking operations. Surgutneftegazbank ZAO worked with Oracle Partner RDTEX ZAO to implement Oracle Financial Services applications to automate business processes for financial risk management, budgeting and planning, management reporting, and statutory reporting.
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