YEREVAN, March 25. /ARKA/.Armenian banks will undergo mandatory audit of IT, said Executive Director of Union of Banks of Armenia Seyran Sargsyan during the first meeting of representatives of IT sphere with banking sector “IT2business”.
If Armenian IT companies want to work actively and closely with the banks, their products should be in accordance with international standards, particularly security issues.

The banks investing modern technologies and such products as human resource management, management of assets and security of operation systems.

Today the main operation programs implemented in 15-16 Armenian banks are the developments of two local companies which have broad opportunities for the development of further cooperation in external markets.

“Expenses of the banks for IT products depend on the certain program product but, we can say, that the banks spend money for the investment of new technologies promoting the introduction of new products and services in banking system”, said Sargsyan.

Executive Director of Union of Information Technologies (UITE) Karen Vardanyan said that today significant part of Armenian IT companies provide products corresponding international standards and serve rather responsible companies on the international level.

“There are many IT companies in Armenia ready to provide high quality products to the banks and the service will be available, easy and closer to the client”, said Vardanyan.

IT2business is organized with the purpose of continuation of different practical technological solutions for economy sectors and introduction of Armenian technological innovations to local business.

In the meeting, technical solutions for banking sphere will be presented by the companies iCON Communications, GNC-Alfa, Norq, CQG IMA, Shirak Technologies/SAP, Apaga Technologies, FlexAp, McAfee, EpygiArm, ArmSoft, Lime Tech, CHS Vericell, Damaris, Smart Tech, Alfa/Polycom.

The meeting is conducted with the support of Union of Banks and Central Bank of Armenia. -0-