Foranx
Vulitsa Panamarenki 35A,
Minsk, 220015,
Belarus
Minsk, 220015,
Belarus
375 17 362-3533
Professional Services
Foranx
List of Software Implementations where Foranx is Reseller or System Integrator
Foranx, a prominent reseller, system integrator, and consulting company, that plays a vital role in numerous system integration and digital transformation initiatives. Foranx collaboration with software players such as Temenos empowers organizations to embrace disruptive technologies and accelerate their journey to the cloud, thus reshaping their business models.
Foranx is a Reseller or SI for the following software solutions:
| Reseller and SI | Vendor | Application | Category | Market |
|---|---|---|---|---|
| Foranx | Temenos | Temenos T24 | Core Banking | ERP Services and Operations |
List of Software Implementations where Foranx is a Reseller or SI
| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Product | Category | When | Insight |
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Alfa-Bank Ukraine | Banking and Financial Services | 600 | $110M | Ukraine | Temenos | Temenos T24 | Core Banking | 2016 |
In 2016, Alfa-Bank Ukraine implemented Temenos T24 as its Core Banking platform. The deployment targeted a bank wide consolidation of core account and ledger processing to support retail and corporate banking operations across branches and central operations.
The Temenos T24 implementation included standard Core Banking modules such as customer information management, deposit accounts, lending and loan servicing, payments and settlements, general ledger, and teller operations. Configuration work emphasized product catalog parameterization, workflow automation for account lifecycle events, and straight through processing capabilities within Temenos T24.
Foranx served as the systems integrator, leading implementation, integration testing, and go live support. Integration scope aligned with typical core banking landscapes and included connections to channel systems including internet and mobile banking, payment processing networks and back office reporting and treasury systems, alongside establishment of centralized release management and governance processes to manage product and configuration changes.
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AS PrivatBank | Banking and Financial Services | 234 | $35M | Latvia | Temenos | Temenos T24 | Core Banking | 2016 |
In 2016, AS PrivatBank implemented Temenos T24 as its Core Banking application. Foranx served as the implementation partner for the engagement, working with the bank on a country-level deployment in Latvia. AS PrivatBank is a 234-employee financial institution, and the implementation oriented Temenos T24 around centralized account processing and transaction posting for retail and corporate product lines.
Temenos T24 was configured to deliver standard Core Banking modules including customer account management, deposits and savings, loan origination and servicing, payments processing, general ledger, and transaction processing. The project emphasized product parameterization, posting rules, interest calculation logic, settlement workflows, and data conversion routines to migrate customer and account records into Temenos T24. Configuration and testing cycles addressed both real-time posting and batch reconciliation patterns typical of core banking operations.
Foranx led project delivery activities including business analysis, system configuration, integration interface design, system testing, user acceptance testing, and training for operations and finance teams. Integration patterns were established for channel interfaces, payment rails, and financial reporting feeds, positioning Temenos T24 as the central processing hub. Governance focused on configuration control, change management, and a staged cutover approach across the bank's branches and operational units in Latvia.
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Astana-Finance | Banking and Financial Services | 30 | $13M | Kazakhstan | Temenos | Temenos T24 | Core Banking | 2016 |
In 2016, Astana-Finance implemented Temenos T24 to establish a Core Banking platform for its banking operations in Kazakhstan. The engagement was delivered by Foranx and targeted a compact operational footprint, reflecting Astana-Finance's approximately 30 employee structure and focused product set.
The Temenos T24 deployment emphasized core account processing, customer master data, deposit and loan servicing, payment processing, and general ledger capabilities, aligning with standard Core Banking functional modules. Configuration work included product parameterization, chart of accounts setup, and localization for local currency and reporting conventions.
Implementation activities covered data conversion, end to end testing, and cutover planning, with integrations built for front office channels and back office reconciliation, including payment switch and ledger posting interfaces as typical Core Banking connections. The project architecture was centered on a centralized core instance serving Astana-Finance's operational sites, with application and database layers provisioned by the SI.
Governance was managed jointly by Astana-Finance and Foranx, incorporating configuration sign off, user acceptance testing, and operational training for front line and operations staff. Foranx provided post go live support and stabilization services to embed Temenos T24 into daily banking operations.
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Banking and Financial Services | 150 | $46M | Latvia | Temenos | Temenos T24 | Core Banking | 2016 |
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Banking and Financial Services | 420 | $35M | Georgia | Temenos | Temenos T24 | Core Banking | 2018 |
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Banking and Financial Services | 16069 | $3.0B | Kazakhstan | Temenos | Temenos T24 | Core Banking | 2010 |
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Banking and Financial Services | 500 | $100M | Turkey | Temenos | Temenos T24 | Core Banking | 2017 |
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Banking and Financial Services | 27363 | $2.4B | Vietnam | Temenos | Temenos T24 | Core Banking | 2011 |
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IT Decision Makers and Key Stakeholders at Foranx
| First Name | Last Name | Title | Function | Department | Phone | |
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| No data found | ||||||
Buyer Intent: Companies Evaluating Foranx Services
ARTW Buyer Intent uncovers actionable customer signals, identifying software buyers actively evaluating Foranx software implementations. Gain ongoing access to real-time prospects and uncover hidden opportunities.
| Logo | Company | Industry | Employees | Revenue | Country | Evaluated | ||
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Foranx System Integrator / VAR Profile
Foranx is a system integrator and technology consulting firm headquartered in Minsk, Belarus, with approximately 70 employees and annual revenues of $7M.
Foranx implements and supports enterprise applications across markets such as ERP Services and Operations.
APPS RUN THE WORLD tracks 8 verified Foranx software implementations across industries and regions, including: Alfa-Bank Ukraine where Foranx implemented Temenos T24, AS PrivatBank where Foranx implemented Temenos T24, and Astana-Finance where Foranx implemented Temenos T24.
Foranx has a strategic VAR/SI partnership with Temenos, backed by verified deployments.
Independent Software Vendors (ISVs) can boost their ecosystem by identifying existing Foranx partnerships, building strong channel relationships, and forging strategic implementation alliances to expand customer reach and accelerate adoption.
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