Case Study

Raiffeisenbank

Raiffeisenbank

Pages 3 Pages

Overview AO Raiffeisenbank is a subsidiary of Raiffeisen Bank International AG. The Bank has been operating in Russia since 1996 and offers a full range of services to retail and corporate customers, both resident and non-resident, in Roubles and foreign currencies. The Bank’s activities are supervised by the Systemically Important Banks Supervision Department of the Bank of Russia. Challenge AO Raiffeisenbank, a major entity within Raiffeisen Bank International AG, relies on a wide range of software products published by such leading vendors as Microsoft, Oracle and IBM. Every vendor has its own software licens- ing and license accounting rules and manage- ment of Microsoft, Oracle and IBM licenses was becoming particularly challenging. This was due to the wide variety of l

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