AK BARS BANK IMPROVED ITS OPERATIONAL EFFICIENCY WITH ROBOTIZED BUSINESS PROCESSES BY DIASOFT

July 14, 2021

Ak Bars Bank, the base bank of the Republic of Tatarstan, together with Diasoft, has completed the project for implementation of robotized business processes for interbank conversion transactions. Earlier, the bank already implemented RPA for conversion transactions in the exchange-traded market, banknote transactions, interbank loans, and calculation of IFRS 9 ratios.

RPA tools provided by Diasoft allow banks to quickly automate daily routine operations. The partners continue their technological cooperation. The nearest plans of Ak Bars Bank include support of fully automated download of files from the Moscow Exchange (MOEX) and implementation of robotized processes for stock-exchange transactions in derivatives.

“We understand that to move customer services to the new quality level, we need to revise conventional approaches to the business and implement new technologies and management methods. Robotization of business processes helps to increase operational efficiency of the banking business by improving the quality of routine tasks, reducing errors and speeding up business processes”, Aidar Mukhametzyanov, Head of Investment Business at Ak Bars Bank.

“According to our expert assessment, robotization allows speeding up data processing, eliminates errors in business processes and reduces their cost. Being a high-tech bank, Ak Bars Bank appreciated the value of RPA tools provided by Diasoft and entrusted us streamlining of its business processes”, Kirill Zolotykh, Member of the Management Board, Head of Financial Markets Business at Diasoft.

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