Novikombank Together with Diasoft Implements the Project for Robotic Process Automation

October 8, 2020

Novikombank, one of the top 20 Russian banks, together with Diasoft has completed the first stage of its project for robotic process automation.

The first business process that has been robotized by the bank is the calculation of IFRS 9 metrics. Software robots designed by Diasoft quickly and flawlessly solve tasks for automation of the bank’s standard daily operations, excluding the human factor and ensuring correct calculations.

The nearest plans of Novikombank include implementation of robot-based business processes for interbank and retail lending, card transactions, and reporting.

“Novikombank actively develops its business and plans further expansion of its branch network. The amount of the bank’s operations also growth rapidly. We need to ensure faultless and quick processing of transactions and support dynamic business development of out bank using efficient technologies for improved performance. One of such tools is the RPA service designed by Diasoft. Based on several business processes, we have assessed the speed and transparency of the technology, which will help the bank to achieve its strategic goals”, said Mikhail Rylnikov, Director of the IT Department at Novikombank.

“According to our expert evaluation, RPA is able to improve performance of business processes by 70%. Being committed to high technologies, Novikombank was able to appreciate the value of the technology, trust Diasoft as a partner in this project and create a basis for its further successful business development”, commented Kirill Zolotykh, Member of the Board of Directors, Head of the Financial Markets Department at Diasoft.