russiansavingsnews

2009-08-17
 
CMA together with Norbit Ltd. has started the implementation of E-Trading System for Savings Bank of the Russian Federation.

CMA has started the implementation of E-Trading System for Savings Bank of the Russian Federation.
Stockholm, February 25, 2009. CMA announced that it has started the implementation of E-Trading System for Savings Bank of the Russian Federation. The system “Sberbank-AST” is designed for e-auctions in accordance with the requirements of the Russian Federation legislation for the state and municipal tenders. The technological bases of the system are the solutions of CMA Company: a core of the trading system TRAD/X; a core of the controlling system CSS/X and modules of the integration platform PIE. The above mentioned products allow using international experience of CMA in the field of exchange trading systems, clearing and payment systems for the creation of advanced e-auction infrastructure for the procurement of goods and services with the ability to scale with the market development of the state and municipal as well as commercial procurements in the form of e-auctions conducted in the Internet.


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