Nabix Soft and Cube Invest Revolutionize the Armenian Stock Market

30.07.2024 | 10:28 Home / News /
#Nabix Soft #Cube Invest
Nabix Soft, a leader in full-cycle software development for the financial, governmental, and industrial sectors, proudly announces a strategic partnership with Cube Invest.

As a result of this collaboration, Cube Invest has become the first brokerage firm in Armenia to fully automate its processes and client services based on its own IT infrastructure.

Nabix Soft, known for its innovative IT solutions for major financial institutions in the CIS countries, government agencies, oil and gas, and industrial organizations, provided Cube Invest with a range of IT solutions to automate the company's processes.

The project involved building a comprehensive IT infrastructure that optimizes and automates internal accounting, reporting, and client service processes.

"Digitalizing all company processes allows us to create high-quality and convenient services for our clients, as well as automate internal processes, which enhances efficiency, speed, and security, and enables us to scale the business and collaborate with major financial institutions worldwide.

"When selecting an IT infrastructure provider, we placed a strong emphasis on their expertise and experience in financial technologies, ensuring a high standard of information security, as well as the flexibility and scalability of their solutions.," commented Armen Ter-Akopyan, Executive Director of Cube Invest.

"Digitalizing all interaction processes provides us with the opportunity to create high-quality and user-friendly interfaces, as well as automate client internal processes, which contributes to increased efficiency, speed, and security of operations.

One of the key achievements was the successful deployment of Cube Invest's entire IT infrastructure into operational use within 6 months. This achievement was facilitated by our pre-designed solutions utilizing microservices architecture, our profound expertise in automating financial institutions, and the proactive and well-coordinated collaboration of our highly skilled teams.

This project not only transforms the interaction between clients, brokers, and employees but also provides a new level of client approach and significant competitive advantage in the Armenian stock market.

In the future, we are excited to incorporate artificial intelligence and machine learning technologies into our project. These advanced technologies will empower us to respond with greater accuracy and agility to market changes, anticipate emerging trends, and reveal hidden insights. This will lead to even more tailored solutions for our clients, significantly boosting the effectiveness and precision of our services", commented Armine Balasanyan, General Director of Nabix Soft.

The project is now entering the stabilization and further development phase, promising even greater achievements. Future plans include completing current solutions and developing new ones, which opens up new prospects for both companies.

About Nabix Soft

Nabix Soft is a leading company in full-cycle software development for the financial, governmental, and industrial sectors. Its clients include major financial institutions in the CIS countries, government agencies, oil and gas, and industrial organizations. Nabix Soft is also an IT partner for major payment systems, providing a platform for processing all types of payments and money transfers worldwide.

About Cube Invest

Cube Invest is a leading brokerage company in Armenia, founded in 2017, and has been providing high-quality financial services and investment solutions for over eight years. Cube Invest specializes in high-quality financial brokerage services, with customer satisfaction being the best indicator of its services. The company's work has also been recognized by international financial institutions, and in 2023, it was named the fastest-growing financial brokerage organization in Armenia by Global Finance magazine.

Through its strategic partnership with Nabix Soft, Cube Invest is setting new standards in the Armenian stock market by offering its clients advanced technologies and innovative financial tools.
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