FORS Development Center and MBASK Insurer sign contract

The project is implemented by the financial support of one of the biggest investors of MBASK Insurer, European Bank for Reconstruction and Development (share-30%).

The project considers automation of all main business-processes of the customers: development of insurance agreements, calculation of insurance fees, insurance policies and developing normative reports. Automated system will be implemented in 2008.

FORS Development Center (FORS DC) was founded in 1999 as an independent company in the FORS Holding group - one of the major Russia's holdings on the information systems development market. FORS Holding is the Oracle leading partner in the EMEA region, APA reports.

FORS Development Center develops and implements complex information systems based on Oracle technologies; provides technical and business-processes modeling consulting; provides Oracle products retailing, Oracle technologies and applications training.