CSoft has been a reliable partner to Bulgarian Development Bank since 1999. The two companies started their partnership by implementing the core banking platform VCSBank and focusing on sustainable evolution combined with the highest level of security. The roadmap included adding new products and services. This led to the need to upgrade VCSBank to BrightOS and open the door for additional digital transformation and better efficiency.
The upgraded core banking platform, BrightOS, uses a customer-centric approach and focuses on better reporting options and overall automation of banking processes. The new platform will lead the optimization of everyday actions and also unlock the instant BLINK payments. Bulgarian Development Bank will be able to catch up with innovative digital products and follow the trends of additional digital channels in banks’ portfolios.
Bulgarian Development Bank has a limitless possibility for digital transformation with the migration from VCSBank to BrightOS. The new design, technological upgrade, and additional features open the door for innovation and better efficiency. BrightOS core banking platform automates many internal processes, improves client experience with 24/7 working mode and adds an additional layer of product offerings, while also meeting all regulatory requirements in EEA.
Strategic and operational benefits: