Center of Financial Technologies

What Center of Financial Technologies does

Center of Financial Technologies (ЦФТ) is a private Russian joint-stock company, founded in 1991 and headquartered in Novosibirsk with a regional office in Moscow, that develops and supplies software for banks and other financial institutions. Its flagship product, CFT-Bank (ЦФТ-Банк), is a universal core banking system described as the industry standard among domestic Russian core banking platforms and the market leader by installations in the Russian TOP-50 bank segment; it supports 20,000+ simultaneous users, 10M+ client accounts, 8M+ documents, and 5M+ transactions daily across its installed base. The product portfolio spans 24 core products, 4 applications, and more than 2,400 functional applications organized in a public electronic catalog (catalog.cft.ru), including CFT-Corporation (ЦФТ-Корпорация) for centralized treasury management of holding structures and subsidiaries, a proprietary FTData Enterprise DBMS developed with partner Modern Systems, and modules for lending, BKI (credit bureau) reporting, insurance automation, budget planning, and web-based banking access.

Underlying technology includes a proprietary Development Platform (Платформа развития) and the 2MCA DBI platform that lets banks select from multiple DBMS (Oracle, PostgreSQL, Postgres Pro, FTData, Ignite, ClickHouse, Redis, Valkey, KeyDB, H2), with backend code in PlPlus, PL/SQL, Java/Kotlin, JavaScript, C++, Go and front-end in Vue/Svelte/Angular. Direct integration with Russian banks bypasses traditional bank-client intermediaries and supports SMEV (interdepartmental electronic interaction) and Gosuslugi adapter integrations. CFT-Bank and CFT-Corporation are both registered in the Russian Software Registry (Реестр российского ПО), making them eligible for state-procurement-driven import substitution.

CFT generates revenue primarily through perpetual software licenses priced in conventional units (1 unit = 109.9 RUB as of January 2025) plus bundled implementation, launch, and ongoing support services (АПК), supplemented by a three-tier partner program (service, distribution, development). The go-to-market combines direct enterprise sales targeting the TOP-50 Russian banks, the partner channel for regional banks and custom product development, and event-led demand generation anchored by the annual VBA International Forum (VBA-2026 scheduled for October 2026 in Moscow). Customer concentration is anchored in Russian commercial banks of all sizes and state corporations, with 60% of the CFT workforce having more than seven years of tenure, supporting the long implementation cycles typical of core banking deployments.

Name

Center of Financial Technologies

Legal name

Акционерное общество «Центр Финансовых Технологий»

Website

https://cft.ru

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Center of Financial Technologies (ЦФТ) is a Russian core banking software vendor, founded in 1991 and headquartered in Novosibirsk, whose flagship CFT-Bank platform is the market leader by installations in Russian TOP-50 banks, complemented by CFT-Corporation treasury software and a 2,400+ application catalog sold via enterprise license, partner channel, and annual industry forums.

Ownership category

akta.pro rank

Product category

Core Banking Software

akta.pro primary industry

Core Banking & Ledger Systems (Cloud Core, Deposits, Accounts) (FSAGAAAC)

Keywords

• Core banking systems
• Treasury management software
• Banking automation software
• Financial technology solutions
• Core banking platform

Headquarters

HQ city

Novosibirsk

HQ country

Russia

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Software Licensing (Perpetual/Subscription): One-time license fees and/or subscription fees for use of CFT software products. Pricing listed in units (u.e.) with 1 u.e. = 109.9 RUB as of January 2025. License fees for individual applications (e.g., Budget Control core at 79.0 thousand u.e., Budget Control module at 38.0 thousand u.e.).
2. Partner Program (Service, Distribution, Development): Three partner models: service (implementation and support), distribution (reselling/distributing CFT products), and development (creating new products on CFT-Bank platform). Partners receive development and demonstration environments, information and marketing support.
3. Professional Services — Implementation and Support (АПК): Launch, implementation, and maintenance services (услуги АПК и сопровождение) for CFT systems. Includes system deployment, configuration, and ongoing technical support.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

Center of Financial Technologies (ЦФТ) develops, sells, and supports the CFT-Bank universal core banking system, which is the industry-standard domestic core banking platform in Russia. The company also offers CFT-Corporation, an information system for automating centralized treasury functions of holding structures and subsidiaries. The portfolio includes over 2,400 functional applications and 360 ready-made products covering account management, payments, lending, currency operations, regulatory reporting, and back-office operations, supported by the proprietary 2MCA DBI platform enabling flexible DBMS choice.

Product overview

Center of Financial Technologies (ЦФТ) offers a comprehensive banking software ecosystem built around its flagship universal core banking system ЦФТ-Банк. The product portfolio consists of 24 core products and 4 applications, with over 2,400 functional applications available in the catalog. The architecture is platform-based: ЦФТ-Банк serves as the central core banking system, supported by the 2MCA DBI technology platform (allowing DBMS choice including Oracle and Postgres Pro), and complemented by specialized modules such as ЦФТ-Корпорация for centralized treasury and cash management, ЦФТ-Веб Навигатор for web access, insurance and budget planning add-ons, and a partner program platform. The company also operates an educational center and maintains a catalog with 360+ ready-made products.

Differentiator

Problem solved

Functional benefit

Brands

• ЦФТ-Банк (CFT-Bank): Core banking system, industry standard for domestic Russian banking systems by functionality, integration capabilities, scalability and stability; leader by installations in Russian TOP-50 banks
• ЦФТ-Корпорация (CFT-Korporatsiya)
• ЦФТ-Веб Навигатор (CFT-Web Navigator)
• 2MCA DBI Platform

Products and services

• CFT-Bank (ЦФТ-Банк) Universal core banking system automating all banking operations including account management, payments, lending, deposits, currency operations, securities, documentary operations, and Central Bank regulatory reporting. Supports 20,000+ simultaneous users, 10M+ client accounts, 8M+ documents and 5M+ transactions per day. Sold to Russian banks, with primary focus on TOP-50 institutions.
• CFT-Corporation (ЦФТ-Корпорация) Information system for automating centralized treasury functions of holding structures and their subsidiaries. Modules include account management, cash pool management, settlement center, liquidity management (instant and term), intra-group settlements, financial deal management, budget planning and control, currency control, and inter-departmental coordination. Targets large corporate groups and state corporations.
• CFT-Web Navigator (ЦФТ-Веб Навигатор) Web-based navigation and access module for CFT-Bank, providing a browser-based interface for banking operations. Sold as a discrete product in the CFT catalog to bank customers.
• CFT-Insurance Company (ЦФТ-Страховая компания) Insurance company automation module for managing insurance operations within the CFT product ecosystem. Sold as a discrete catalog product to insurance companies and bank-affiliated insurers.
• CFT-Budget Planning (ЦФТ-Бюджетное планирование) Budget planning module for financial planning and budgeting operations, sold as a discrete catalog product to bank and corporate customers.
• CFT-Management Accounting (ЦФТ-Управленческий учет) Management accounting module for internal financial reporting and analysis, sold as a discrete catalog product to bank and corporate customers.
• CFT-Service Budget Control (ЦФТ-Сервис контроля исполнения бюджета) Application suite for effective control of budget expenditure for corporate bank clients. Supports various budget control methodologies including rigid automatic payment control, request-stage control, and flexible/sliding budgets with article carryover.
• CFT Educational Center (Учебный центр ЦФТ) Educational center providing training services for CFT products and banking technologies to bank employees, IT partners, and corporate customers.

Quantifiable outcome

• Supports 20,000+ simultaneous users in production environments
• +4 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability4 records

Feature5 records

Partnerships

Two partnerships are on record, tiered minor and core.

• IT Companies and Teams (Partner Program)minorChannel Partner/ Reseller/ DistributorCFT invites IT teams and companies to join its partner program to expand into new software products and bank system implementation projects. Three cooperation models offered: service, distribution, and development. Partners receive access to CFT-Bank platform, development/demonstration environments, and marketing support.
• АО «Современные системы» (Modern Systems) — FTData DBMS DevelopercoreTechnology or IntegrationModern Systems developed FTData Enterprise DBMS, specifically optimized for automated banking systems and processing. FTData Enterprise 17.5.1 successfully completed comprehensive compatibility testing with CFT-Bank ABS (Platform 2MCA DBI). Testing confirmed compatibility and high performance in large multi-branch bank scenarios with 10,500 simultaneous users.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Market position

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/videoCFT
• Xx.com/CFT_Group
• LinkedInlinkedin.com/company/cft

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Center of Financial Technologies