ARBES News

Tomas Hlinka, previously Country Consulting Director at ORACLE Czech and later Cluster Consulting Director for the Oracle EE&CIS region, has been named ARBES Technologies CEO.
 
Miroslav Trzil, formerly Global Account Manager at IBM Czech Republic, has been appointed Sales Director at ARBES Technologies.

The Banking & Finance Conference held in early April in Baku, Azerbaijan offered ARBES Technologies the welcome opportunity to forge new contacts and to strengthen relationships with existing business partners. Expansion into Eastern markets is a cornerstone of the long-term corporate strategy at ARBES. The experience and knowledge gained from participation at the Baku conference proved beneficial through the exposure to and recognition from the local market, the local players and the competition. 

The ARBES OBS solution for Czech-based Penezni dum consists of the back-office application for operators as well as the front-office client application. The Internet application provides clients (members of the association) with access to their financial products via a standard browser. The service is similar to those typically provided by large banking institutions.

Negotiations with the AXA Investment Company, Czech Republic have come to a successful conclusion and an agreement to purchase the ARBES TOPAS system was signed on March 31, 2008. The ARBES TOPAS system is designed for investment management and trading on capital markets.

The analytic and development work on an improved module for online Direct Market Access (DMA) in the ARBES TOPAS system was completed at the end of March 2008. System users worldwide can place trades on investment and capital markets via terminal services.

The ARBES OBS Internet and Mobile Banking system was successfully installed at JSC Bank of Georgia in Tbilisi in February 2008. Bank clients can now access their accounts and communicate with bank staff via the Internet, a PDA device or a mobile telephone (using the WAP and Java applications).

ARBES attended the international ITAS conference (International Transfer Agency Summit) held in Luxembourg in late January 2008 in order to introduce the ARBES TA system and to confirm its strong position on the market. The conference focuses on the effects of technological development and market development within the transfer agency field.

As part of an ongoing project, additional modules of the ARBES FEIS financial system were put into operation at the firm Povodi Vltavy, Czech Republic on January 1, 2008.

Following previous successful implementations of the ARBES FEIS system at numerous similar facilities, ARBES has won yet another customer in the healthcare sector. ARBES successfully completed the implementation of the system at the regional hospital in Pribram, Czech Republic in October 2007.