Mar 13, 2024
In June, the Lithuanian consolidated treasury account information system (VIKSVA) that will allow the State Treasury saving up to EUR 2.6 million a year, will celebrate its one-year anniversary. The system has been designed for the Ministry of Finance and implemented by Forbis – the Lithuanian developer of banking systems. The company is now announcing ambitious plans to repeat the success story abroad.
Jan 09, 2024
Forbis group has officially entered GovTech sector! In 2023, Forbis was busy developing and implementing Treasury Single Account (LT – VIKSVA) system for the Ministry of Finance of the Republic of Lithuania. The successful recent delivery of the strategically important TSA project for the Ministry of Finance further solidifies Forbis position as a leading core banking and, now treasury management software vendor! We are looking forward to sharing our Lithuanian success story with ministries of finance worldwide and further develop TSA solutions.
Mar 31, 2022
As Lithuania's financial market matures and the financial institutions face more stringent licensing requirements, the fintech ecosystem becomes increasingly important for a successful business. The term' fintech ecosystem' describes the synergy between technology and services providers that allow new players to start operating faster, says Anton Zujev, Head of a Lithuanian company group Forbis.
Feb 03, 2022
To the majority of the companies that have invested in their IT systems, the last two years of the pandemic have proved that their efforts have absolutely justified. The need to smoothly rearrange work processes and start working remotely in a very short time is a huge challenge, and one of the solutions that has served the most during this period is moving to the cloud resources. Forbis, a provider of banking IT solutions, allocated its systems in the cloud eight years ago, and now firmly states that the solution has lived up to all the expectations and allowed the Forbis group of companies and their customers to stay afloat and expand in the face of the lockdown.