IBS Group Developed New Solutions for Financial Institutions

         IBS Group Developed New Solutions for Financial Institutions

  PR Newswire

  RAMSEY, Isle of Man, February 12, 2013

RAMSEY, Isle of Man, February 12, 2013 /PRNewswire/ --

    Please refer to relevant legal information at the end of the document

IBS Group , a leading software development and IT services provider in Central
and Eastern Europe, announces that IBS IT Services , a member of IBS Group,
has launched new solutions for banks and insurance companies based on the IBM
BPM (Business Process Management) platform. IBS IT Service's practice is among
the largest in Russia by number of IBM BPM certified engineers.

The banking and insurance sectors, which view continuous improvement of
customer relations efficiency as an essential task, are among the major users
of BPM products. For banks, IBS IT Services offers IBM BPM-based Product
Factory and Loan Factory solutions. With Product Factory , banks can
streamline the processes of creation, approval and marketing of new products,
enhancing the ability to successfully respond to market challenges and getting
an edge in the highly competitive banking market. The Loan Factory solution
expedites and automates loan origination without increasing the risk exposure
by cutting the number of borrower check stages.

IBS IT Services has formed a dedicated professional team to run IBM BPM
implementation projects, providing in-depth training on the product and
certification as Developers, Specialists, Programme Managers, Business Process
Analysts, and System Administrators.

To launch the new products, IBS experts have implemented standard models of
the Product Factory and Loan Factory solutions in a banking industry,
developing product testing showcases for potential clients.

About IBS Group Holding Limited

IBS Group is a leading software development and IT services provider in
Central and Eastern Europe. Through its two principal subsidiaries, Luxoft and
IBS IT Services, it offers a wide variety of information technology services,
such as software development and IT services outsourcing, IT infrastructure
and business applications implementation. IBS Group has business operations in
Russia, Ukraine, Romania, Poland, Germany, Switzerland, the UK, the USA,
Vietnam and Singapore. IBS Group employs more than 8,300 people worldwide. In
the year ended March 31, 2012, the Group reported US GAAP consolidated
revenues of USD816.3 million. IBS Group's Global Depositary Receipts are
listed on the Regulated Market (General Standard) at the Frankfurt Stock
Exchange (Bloomberg: IBSG:GR; Reuters: IBSGq.F)

For more information about IBS Group please visit http://www.ibsgr.com

Disclaimer The information contained in this press release is not for
publication, distribution or release, directly or indirectly, in any
jurisdiction where such publication, disclosure or release would be unlawful.
This press release does not constitute an offer for the sale of securities in
the United States of America, Canada, Australia, Japan or any other
jurisdiction in which an offer would be subject to legal restrictions.

Contact: Investor Relations: Andrei Novikov, IR Director, tel:
+7-(495)-967-8000 (ext.3095), anovikov@ibs.ru. Media Relations: Ekaterina
Beskhizhko, PR Manager, tel: +7-(495)-967-8080 (ext.2963), ebeshizhko@ibs.ru.
 
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