Volga Baikal AGRO News Update on the Situation on GLONASS CONTROL over EQUIPMENT !!!

Volga Baikal AGRO News Update on the Situation on GLONASS CONTROL over EQUIPMENT !!!

Rosselkhozbank and GLONASS JSC will jointly control the location of the collateralized property using the ASM ERA monitoring system based on the ERA-GLONASS GAIS.

This will allow the bank and its clients to save time by automating monitoring. When an organization or an individual entrepreneur applies to Rosselkhozbank for a loan secured by special equipment and other vehicles, its owner can purchase equipment monitoring service from GLONASS JSC. This will allow the owner to track the location of vehicles online. With the consent of the owner, access to monitoring can be provided to the RSHB, which removes the need for the client to regularly inform the bank about the state of the collateral equipment. The monitoring system can notify the user about all significant risk events (lack of communication with the object, accident, simple technique, etc.).

“It is extremely important for both Rosselkhozbank and its clients to guarantee a high level of control over the collateral. Cooperation with JSC “GLONASS” effectively solves the problem of remote monitoring using “ASM ERA”. This solution allows you to control the collateralized property of clients of all branches of the bank in the country in real time, download summary reports and conduct an aggregated analysis of the information received, “commented Pavel Yurov, Deputy Director of the Collateral Department of Rosselkhozbank JSC.

Source: SvoeFermerstvo.ru