SBI Bank integrates digital services QPlatform into ecosystems

2020: Automation of recognition of passport data in the course of design of credit cards

SBI Bank integrates into the ecosystems digital services for recognition of documents using the platform with cloud infrastructure of QPlatform. It became known on December 30, 2020. The solution is performed based on key development of the Russian company "Biorg" specializing in creation of intelligent systems based on neural networks and machine learning.

Now other service level thanks to a sensing technology of passport data in the course of design of credit cards and formation of primary accounting records will be offered clients of SBI Bank. Automation of similar processes will allow SBI Bank to lower operating costs by 30-50% and to raise the service level of clients due to more operational processing of requests and maintaining the client file. In return QPlatform also finished functionality of service for recognition by enciphering that will allow to provide additional internal requirements on security.

SBI Bank cooperates with QPlatfrom since October, 2019. With its help we integrate the innovation financial technical-solutions into products of our bank. This time we together with the platform implement in the ecosystems digital services which will allow to solve the major problems connected with digitization of data, to increase the level of client service due to operational processing of requests and more in details to concentrate on profile tasks — the Chairman of the board of SBI Bank Andrey Karjakin noted.

In the summer of 2020 the Japanese SBI Holdings, being the core shareholder of SBI Bank, signed the investment agreement in QPlatform company that allowed SBI Bank to enrich the client offer with new services.

Depth of digitalization of the company is measured not only by quality of the environment of customer interaction, but also level of digitization of internal processes in the company. In this respect the solution Beorg Smart Vision can give additional efficiency for SBI Bank, both regarding work with the client, and for a back office of bank - the CEO of QPlatfrom Maxim Avdeev commented.

2019: Agreement signature about cooperation with QPlatform

On October 10, 2019 SBI Bank announced TAdviser agreement signature about cooperation with QPlatform company (Kivi Platforma LLC). Signatures under the document were appended by the chairman of the board of bank Andrey Karjakin and the CEO and the founder of the financial technical-platform Maxim Avdeev.

In "SBI Banke" the development strategy within which the innovative complete solution for the Russian families and an ecosystem for small and medium business taking into account consumer requirements is created was adopted and also service of large business is performed.

We see the movement of the banking market towards creation of niche offers for target segments: entrepreneurs, youth, pensioners. At the same time in the market there is no full complete solution for families which would combine banking products and digital-solutions. The similar product prepares also for the market of entrepreneurs where there is demand for additional services within a uniform ecosystem. Cooperation with QPlatform will allow to connect quickly non-financial services and will increase competitiveness of our products, – the chairman of the board of SBI Bank Andrey Karjakin noted.

In the nearest future SBI Bank will enter the market with two products for retail clients and also small and medium business. "The circle" – the complete solution for families, mobile bank with analytics of joint expenditure, the configured limits, the general loyalty program, elements of gamification and financial education for children. The bank also develops the complete solution which will integrate all services and products necessary for entrepreneurs in a uniform ecosystem for business. Together with QPlatform SBI Bank it intends to create competitive solutions for the Russian households and business.

The product QPlatform for bank is open model of the innovative development "as service". We simplify process of connection of external financial/non-financial services and we take responsibility for disclosure of potential of synergy of partnership. Flexibly managing external integration, we reduce time-to-market and we reduce risk in testing of hypotheses (in "sandbox" using the uniform OPEN API standards). We in the platform have also financial technical-solutions (more than 300) and technologies for their integration into perimeter of bank, – the CEO and the founder of QPlatform Maxim Avdeev said.