We are all about financial IT solutions that are both reliable and accelerate your growth. We do the hard work so you could focus on things that matter most – making best decisions on customer service without thinking about technologies.
Since 1990, we are advancing technologies to meet the future of finance services together with our clients. Our IT solutions and services offer you a hands-free approach: from complex banking systems to simple payments – we have you covered.
We have been certified as compliant with international ISO 27001 Information security management, ISO 20000 IT service management, and ISO 9001 Quality management standards.
The Ministry of Finance of the Republic of Lithuania has assessed the cost-effectiveness of the Treasury Single Account management system (VIKSVA) and reports that the project has already paid off despite being launched only recently. According to the estimates, the TSA helps the Republic of Lithuania save around EUR 3.7 million per year – that is EUR 1.1 million more than originally projected.
Most of the Lithuanian budgetary institutions have transferred their payment operations to the TSA, this has significantly reduced account administration and payment processing costs. The State Treasury invests freed-up funds, which in turn also helps reduce short-term borrowing costs. For more information refer to the press release issued by the Ministry of Finance.
We here at Forbis are proud to be part of this project.
We are proud to announce that Forbis has received a status of a Cyber security entity and has been included in the Register of Cyber Security Entities, run by the National Cyber Security Centre (NCSC) under the Ministry of National Defense of Lithuania.
It means that our IT system and services have been identified as a part of critical information infrastructure.
Currently the Register includes 1433 Lithuanian companies from 18 industry sectors that meet criteria laid out in the Law on Cyber Security of the Republic of Lithuania.
Receiving a status of the cyber security entity is not just an official check mark. It gives us the right to use the services and cyber security tools provided by the NCSC. At the same time, we take on new duties and obligations to comply with the applicable provisions of the Law on Cyber Security.
This step not only strengthens the company's cybersecurity level but also contributes our competencies and knowledge to the Lithuanian cybersecurity landscape.