January 19, 2009. IBS announces completion of the HR management processes automation project for Troika Dialog Group, one of the biggest Russian investment companies. The project was implemented based on the SAP human capital management solution for financial institutions.
Troika Dialog Group needed a uniform diversified ERP human capital management system to support its dynamic business growth. Based on the results of a bidding process, the contract for the supply and implementation of a pre-configured SAP ERP HCM solution was awarded to IBS as this company offered the high functionality of the SAP solution combined with IBS consultants’ experience in building HR systems for big financial institutions.
The project was carried out in 2007 and 2008 and provided automation of the following aspects of HR management at Troika Dialog Group: company structure management, personnel working hours management, personnel records and payroll calculation. The solution supports generation of various reports including reports required under the laws of the Russian Federation.
Industrial operation of the new HR system commenced in October 2008. According to a preliminary estimate by the management of Troika Dialog Group, the system proved to be effective in a matter of weeks since operation started.
Nina Mirel, HR Director, Troika Dialog Group: “Introduction of the system reduced time required to prepare information and provided capabilities for a comprehensive range of personnel information to be readily available for review in various aspects as required for managerial decision making. The human capital management system matches the scale of this company’s business.”
Alexander Saksin, Deputy Director, Corporate Management Systems Department, IBS: “As in finance, our business of consulting and information technologies is all about people, their knowledge, abilities and skills. Combined with our experience of implementing projects for financial institutions, this gives us a deep understanding of the requirements of banks and investment companies as regards HR management processes and enables us to see how those processes could be supported by state-of-the-art information systems. We are happy that we were able to assist our colleagues from Troika Dialog in improving the quality of management of the company’s key asset.”
Companies’ Profiles
Established in 1991, Troika Dialog is a leading independent investment company operating in the CIS markets. The company’s core lines of business are capital markets, investment banking, asset management, alternative investments, and personal investments and finance. In addition to Moscow, Troika Dialog is represented in 22 Russian cities and New York, London, Nicosia, Kyiv and Almaty.
IBS is the leader in the Russian IT and consulting market. Along with Luxoft and Depo Computers, it is part of IBS Group Holding Limited. Its core lines of business span management consulting, implementation of business applications, IT outsourcing and IT infrastructure. IBS headcount is about 3,000 employees including over 1,500 certified consultants and professionals. IBS customer base includes 34 of Russia’s top 50 companies. For more information on the company please visit the company’s website at http://www.ibs-company.com/.
For further information on IBS, please contact Lada Scherbakova, PR Director at 007 (495) 967-80-80, or by e-mail at lada@IBS.ru.
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