Alta Software successfully adapted its core banking system to accommodate new opportunities and deployed new products for a digital bank.

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The company also customized the system to meet the specific requirements of microbanks.

Alta Software’s success story continues to evolve alongside the development of Georgian banking. The company’s solutions are now trusted by two additional banks, and its core banking system was deployed in yet another bank.

Alta Software successfully integrated Georgian banks into the Visa B2B Connect network in just a few months.

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Visa B2B Connect is a modern platform that enables seamless communication between financial institutions and businesses - Visa B2B Connect | Visa

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As part of the project, Alta Software developed payment management tools and services to facilitate the integration with Visa B2B Connect. The project was successfully launched in Georgian banks the same year.

The company received the National Certificate of The Leader Of The Year nomination for the second time(Gold Rating of The Union Of International Business Ratings among Georgian enterprises).
The Union Of International Business Ratings annually identifies leading companies in a specific field of economics using the approaches and methodologies of the world.
 
"Alta Software" has won a Gold Rating among enterprises of Georgia by the sum of places of six categories of financial and economic data: "profit/loss", " the turnover", "average monthly salary of employees", "personnel expenses", " number of employees", "number of employed workers."

As the result of Alta Software and Crystal cooperation since the end of 2020, our core systems are up and running in Crystal.

We managed to accomplish thorough analysis of business processes, clarification of the needed details and implementation of changes. At the same time we demonstrated our systems, developed necessary integrations, incorporated comments received as the result of testing.

We worked remotely without physical meetings and communications.

Our systems fully fit Crystal requirements and products. Generally our software is very flexible and adapted to Georgian market. All of this contributes to the development and growth of the financial institution.

Alta Software open banking is entirely written by us on .NET 5, strictly follows even all recommended options of Georgian Standard . It also facilitates only safe connection (mutual TLS, request signature validation, response signing), own OAuth2 and Signature servers (that seamlessly integrate with existing OAuth server and HSM devices).

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For ease of use of open banking we also created developer portal with all details available, Sandbox and SDK as well as high level REST API – the latter enables any participant to utilized open banking services with minimal resources and without deep dive into PSD2 complex processes.

Alta Software has won the Global Banking and Finance Award for the third time and has become Technology Brand of the Year Georgia 2020.

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Remind you that the Global Banking and Finance Review is a financial journal founded in 2010 in the UK.

The magazine focuses on global financial trends and developments. Their awards program, the Global Banking & Finance Awards, began in 2011.

Alta Software received a letter of thanks from Catharsis for outstanding social responsibility and support during the pandemic

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We are glad that during the pandemic we were able to make a small contribution to caring for the elderly

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Catharsis has been operating in 6 regions of Georgia for 30 years and currently hosts about 1,500 beneficiaries daily

In connection with the global pandemic, we decided to stay at home and in the shortest possible time we were able to create the necessary conditions for long-distance activities.

2020 Since March 23, we have been working fully from home and are trying to contribute to the fight against the spread of the pandemic.

Our team is maximally mobilized and we will continue to work with our partners without interruption.

"Alta Software" Corporate Evening Opening Venice Carnival - We coincided with February 8 and tried to create an unforgettable festive mood without leaving Tbilisi.

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At the end of the evening, a shower of golden candy and a delicious cake awaited us.

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Each party is unforgettable for us - we hope this event has become a source of relief and pleasant memories for each member of our team!

"Alta Software" participated in Corporate Wire Innovation & Excellence Award 2020 event and received award - Banking Software Solution Provider of the Year.

UK based popular magazine Corporate LiveWire organizes and nominates the winners for the event.

Independent judges review various companies based on strict criteria and select the best – the ones who successfully implement innovative approach and the most modern achievements.

Once more "Alta Software" received the title of the Best Core Banking Solutions Provider Georgia 2019 from Global Banking and Finance.

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Global Banking and Finance Awards is an international acknowledgement program of UK based Global Banking and Finance Review journal. The awards have been passed to leading companies in insurance, finances, software since 2011.

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Alta Software is proud for being able to contribute to the world innovations once again.

Our staff decided to help needy families.

With the money raised, we bought products and sweets for two families.

In addition, materials and firewood were purchased to improve the extremely difficult living conditions of one of the families.

We are proud of our team attitude and kindness.

"Alta Software" is pleased to make a modest contribution to the organization of useful and interesting events for young programmers.

The International Collegiate Programming Contest (ICPC) allows students to create a team and work on real-world issues.

"Alta Software" wishes the participants success and hopes that this competition will be another step in their future activities.

#tbilisimarathon
#werunsoftware

🤸‍♀️Tbilisi Marathon Charity run has been a success.

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🏃‍♀️Our team was active as always: we ran both 21 km half marathon and 10 km quarter marathon.

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🏃‍♂️Money raised by the Marathon will aid Dzegvi Shelter.”

International Olympiad in Programming - Ilia Vekua Cup has been held since 2007. It enables Georgian youth to challenge their knowledge along with students and pupils from abroad.

„Alta Software“ cares for future programmers – that is why the company decided to become general sponsor for the 2019 event.

„Alta Software“ congratulates all participants of the competition and hopes that the International Olympiad grows even more.

In 2019 the Loanware system was implemented at Liberty Bank. „Alta Software“  would like to express gratitude to the bank team for their active cooperation and overcoming challenges together. 

Within the project scope, Loanware was customized to fit entirely different specifics of Liberty Bank, while migration to our software was completed without stopping bank working processes.

As a result of this new successful partnership, “Alta Software” covers 80 % of the commercial banks in Georgia.

The Wings for Life World Run is a charity marathon held simultaneously in many countries.

The charity marathon was a success.Our team traditionally participated in the run and showed better results in comparison with previous years.

As you know, 100% of the proceeds go directly to fund spinal cord injury research.

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We run for those who can't!

„Alta Software“ collaborated with 6 banks to develop and successfully implement Leased Asset Management Module in accordance with IFRS 16 requirements.

The module significantly simplifies financial accounting of leased assets and facilitates compliance with IFRS standards.

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The module is part of the B6 platform and provides for the registration of lease agreements, related payments, generation and management of payment schedules.

A detailed description of the functionality is available from our Wikipedia- http://wiki.altasoft.ge/

2018 is a special year for us in every way. „Alta Software“ turned 20. The company is pleased to celebrate the remarkable date with employees.

Such a history in information technologies, especially in Georgia, is a serious statement – and sustaining stable growth along with customer loyalty is even more challenging.

We are very happy that this history is a successful one and we would like to thank all who participated in our achievements.

„Alta Software“ reporting solution - Jarvis - has been successfully implemented in „Basis Bank“. We would like to thank the bank for creating a friendly working environment and active involvement.

Jarvis can generate 33 reports.

The number of reports and the flexibility of the system has increased daily to meet the dynamic and ever-evolving market demands.

Due to the above, Jarvis is becoming more and more popular – at present it is used by 40 % of the banks.

„Alta Software“  flexible and easily customizable systems have been successfully implemented and launched with leaders in the microfinance market.

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The users of “Alta Software” B6, Loanware and other modules already are “Creditservice+”, “Georgian Credit”, “Bermeli”, “Euro Credit”.

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Thanks to our flexible API integration layer, our partners enjoy full flexibility and successfully integrate their software with our systems.

„Alta Software“ Receive International Award - Global Banking and Finance Awarded Best Core Banking Solutions Provider Georgia 2017 Status.

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Since its inception in 2011, the awards reflect the latest innovations, achievements, strategies, progressive and inspirational changes in the global financial community.

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The awards are designed to recognize companies of all sizes that are outstanding in the areas of expertise and perfection in the financial world.

New support portal for our loyal customers was launched – the process of registering issues is even easier now.

Information on updates, new modules, transparent statuses and maximally standardized working processes – all of the above will welcome you from our new portal. 

„Alta Software“  wiki has been launched along with the support portal – so our users can always search for the user guides and descriptions within optimal Wikipedia format.

„Alta Software“ has developed an innovative online loan management system, LCS, which is tailor-made for quick customer service and instant credit.

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The software covers the whole life cycle of online loans and is easily integrated with banks' payment systems to instantly reflect repayments.

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The LCS also includes clients, accounting, operational reporting necessary for day-to-day operations, roles and customer management.

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The solution is Azure Ready and MoneyShop for Kyrgyzstan is hosted on Microsoft Azure cloud computing.

MultiOne is gaining increasing popularity - it has been successfully deployed as a customer portal for micro financial institutions and payment providers.

Due to flexible and easy-to-change front-end side, our MultiOne significantly differs from our customer to customer based on their brand and marketing goals.

MultiOne does not require our core modules – B6, Loanware. Thanks to modern architecture, the solution can be seamlessly integrated with any back-end system.

Loanware users are growing, and the scope of use is becoming more diverse.

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This time Loanware was successfully launched by the Municipal Development Fund of Georgia - the system made it possible to manage funds distribution, schedules and payments. The rich functionality of the software did not require adjustments and changes.

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Within the project, Loanware has been deployed as a stand-alone system and works independently of the B6 and „Alta Software“ modules.

The two-year collaboration between „Alta Software“ and „SOCAR Gas Georgia“ has culminated in the launch of a jointly-developed GDBS system.

GDBS facilitates automation of gas supply, metering, charging and billing automation, which was made to perfectly fit “Socar Gas Georgia” requirements and processes.

The software has modern architecture, is multi-component and integrates with various physical devices.

GDBS also includes a mobile app. The created system was fully transferred to „SOCAR Gas Georgia“ for maintenance.

The company received the National Certificate of The Leader Of The Year (Gold Rating of The Union Of International Business Ratings  among Georgian enterprises).

The Union Of International Business Ratings  annually identifies leading companies in a specific field of economics using the approaches and methodologies of the world.

According to The Union Of International Business Ratings , "Alta Software" has won a Gold Rating among Georgian enterprises.

Supported by Tbilisi City Hall, Georgian Chamber of Commerce and the American Chamber of Commerce Global Idea and The FINANCIAL Newspaper Gold Brand 2015 Award Ceremony

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Alta Softwares has been nominated for the "Software Brand of Gold" as the winner of "Golden Brand 2015". The special prize - the statue and the certificate was given to the company director Mr. Grigol Nikolaishvili.

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The Gold Brand Ceremony has been taking place in Georgia since 2006 and is recognized as one of the most prestigious and influential business awards.