On October 19 was the first meeting of participants and friends of the Enterpise Architecture Development Association (EADA) on the subject "Accounting Engine for Banks"

Leading experts of the largest banks, vendors and system integrators gathered to discuss topical issues of development of enterprise architecture.   

Eanterprise Archiretture Development Association (EADA) organized the Russia's first action for financial sector for systems of the class Accounting Engine which took place on October 19  hosted on bank Otkrytie.

More than 50 representatives of the largest Russian banks and international softwate companies and IT integrators became participants of a event: Sberbank, Alfa-Bank, Raiffeisenbank, SAP, Renaissance Credit, Promsvyazbank, Accenture, Navicons, Raiffeisen Capital, RBTechnology, Teradata, Diasoft, iDi-Financial Technologies, Forrester Research, and others.

Speakers' reports of the event, which shared their practical experience in the development and implementation of Accounting Engine solutions, told about the advantages, features and the most common errors in the implementation, aroused great interest of the audience, which evolved into a lively long discussion between the participants of the meeting.

Alexey Lebedev, EADA President and corporate architect of PJSC Bank "FC Otkritie" moderated the discussion.

According to the guests' feedback, the past event was very informative and helped to get answers to current questions from the professional sphere, as well as to learn a lot of new and useful information from colleagues and leading industry experts:

"The event was very interesting and informative. The application of Accounting Engine and parallel accounting are becoming more relevant as investor requirements for the speed and content of financial statements increase". says Mikhail Ratinsky, Senior Managing Director and Deputy Director of the Finance Department of PJSC Sberbank. "It is very important that at the last meeting the organizers could gather in one audience not only IT professionals, but also direct customers - accountants and financiers. This provided an opportunity to share the experience, requirements and expectations of all participants in the implementation of the Accounting Engine. Separately, I would like to thank Alexei Lebedev for holding such an important and interesting event. I hope that the issues of General Ledger construction and issues related to management financial reporting will be the topics for discussion of the next meetings."

"To understand the problems it was very useful," says Vyacheslav Malygin, Head of the Accounting Methodology Department of Credit Operations of the Finance Unit of Alfa-Bank. - "I got answers not only to the questions I had, but even to those that had not yet appeared."

The President of EADA Alexei Lebedev thanked all the speakers and participants for supporting the initiative to hold the meeting, as well as an open position, interesting questions and direct answers during the discussion. In the nearest plans of the Association, the next meeting of the EADA, follow our news and announcements!