VTB selected contractors for upgrade of the platform of data analysis for 3 billion rubles

2019: Modifying of software of SAS within an information and analytical circuit

On March 25, 2019 the VTB bank summed up the results of open request for proposals on rendering services in modifying of the software within an information and analytical circuit.^[1]

VTB will invest more than 3 billion rub in modifying of the software based on solutions of SAS

Two companies - "Gloubayt Analytical Solutions" and Teradat took part in the tender. The greatest number of points was gained by "Gloubayt", she was recognized by the first winner with the price of the purchased products of 2.837 billion rubles. Teradat became the second winner, contract c price to it will be 296 million rubles.

All volume of the planned works is expected 3 years. During this period functional and nonfunctional requirements to modifying of a system should be developed, its architecture is designed. In addition, the list of services includes setup, development and change of a program code of a system, preparation and approval of techniques of functional, integration, regression and stress testing.

Further implementation of completions of a system, acceptance tests and information and consulting services will follow. The last point includes preparation of the reporting for the customer and also assessment and monitoring of risks.

The exact name of a system which requires modification in documentation is not specified. At the same time, for project implementation VTB required a command with experience of execution of works on modifying on the Teradata platform of products of SAS (SAS MIP and/or SAS EM and/or SAS HPDM and/or SAS AML) for tasks risk modeling and an antifraud from 2010 for 2018.

Besides, specialists of the contractor should have experience of modifying on the Teradata platform of products of SAS (SAS MO and/or SAS MA, SAS MRM and/or SAS GCM and/or SAS RTDM) and/or Teradata CIM for banks and financial institutions.

In addition from the contractor experience of development, optimization and integration of the data warehouse using SAS Data Integration technology and Teradata DBMS was required

In VTB based on solutions of SAS the end-to-end system of counteraction to fraud is constructed. The relevant information is available on the website of the American developer.^[2] In it, in particular, it is specified that the created system is unique for the Russian financial sector. It is based on elements of artificial intelligence, involves methods of machine learning and profound analytics. The implemented solutions provide online monitoring of actions of users and allow to reveal fraud at operations with cards, at settlement and cash services, when using devices of self-service and also in all canals of remote service.

Originally the system of counteraction to fraud was constructed on the RSA Transaction Monitoring & Adaptive Authentication platform. Implementation of analytics of SAS helped bank to adjust change management processes an antifraud of a system and gave the chance in the automatic mode to make reasoned, explainable decisions on a stop of suspicious transactions, said in material of SAS.

In the summer of 2016 of VTB bought licenses and technical support services of software products of SAS until November 30, 2021. Then transaction amount was 529.3 million rubles, and as the supplier the software developer - SAS Institute company acted.

2016: VTB bought licenses of SAS till 2021

On June 30, 2016 VTB carried out purchase of licenses and technical support of software products of SAS until November 30, 2021. Transaction amount was 529.3 million rubles. As the supplier the software developer - SAS Institute company^[3] will act].

VTB bought licenses and technical support of SAS for five years ahead

Within five years the bank intends to use the products SAS Real-Time Decision Manager (RTDM), SAS Activity Based Management (SAS ABM), SAS Credit Scoring for Banking, SAS Marketing Automation (SAS MA), SAS OpRisk Management and others.

Solutions based on products of SAS allow VTB to automate operational risk management, process control of making decision on crediting of clients, planning process, accomplishment and assessment of effectiveness of marketing campaigns and other functions.

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