Where does the name ARAD come from?

The name was coined in the 1990s as an abbreviation of Automatizované časové řady (Automated Time Series). The original abbreviation, ARADY, was later shortened to ARAD.

The name ARAD is neither exclusive nor unique. Cities of the same name exist in Romania and Israel, for example. The Romanian city of Arad, in particular, has a considerably longer history than the CNB system.