OREANDA-NEWS. August 14, 2013. The Central Bank has successfully finalized the project on launch of Electornic Statistics and Analytical Reporting System (ESARS). Completion of the project is of crucial importance for full electronization of the CBA data base.

ESARS is also one of the significant projects in the sphere of automation consistent with relevant requirements of the State Porgram on Development of Statistics in 2013-2017 approved by the Decree of the President of the Republic of Azerbaijan.

The system has been developed in line with advanced international standards and is compatible with the latest technologies. ESARS allows to store all statistical data of the CBA in a single electronic platform, process them automatically and in high quality, and disseminate information promptly.

ESARS has also broad analytical and mathematical-statistical processing capabilities which ensures interactive description of information and transmission into various formats in automatic regime, and detailization of each final indicator up to its initial source within seconds.

Broad functional capabilites of ESARS also ensures flexible information exchange between databases of the Central Bank and other public entities. The system is user-friendly and significanatly saves time.

Activities for further enrichment of the CBA database, and its integration into multiple external data sources in the next stage using the perfect technological platform of ESARS will be continued.