Economy, Business And Markets

Advanced Financial System

Advanced Financial SystemAdvanced Financial System

The Informatics Services Corporation launched its newly Financial Management System (FMS) in Bank Ayandeh on Sunday. According to ISC website, the banking system has been using costly foreign systems with limited features, whereas the ISC’s system has 52 different features and has already saved 66 billion rials ($2 million). Distinct platforms for rial and forex calculations and budget management are among the system’s features.