Ak Bars Bank increases operational efficiency by robotizing business processes

2021: Automation of interbank conversion operations

The reference bank of the Republic Tatarstan Ak Bars Bank together with the company "" Diasoft completed the project on robotizations business processes interbank conversion operations. Earlier bank in, they were already robotic on business processes exchange conversion operations, bank transactions, interbank, to the credits as well as the process of calculating indicators 9. IFRS

The business process robotization mechanisms developed by Diasoft help to quickly solve the problems of automating daily typical operations.

We understand that in order to achieve a qualitatively different level of customer service, it is necessary to review the usual approaches to doing business and move to the use of current technologies and management methods. The robotization of business processes allows you to increase the operational efficiency of the banking business by improving the quality of performing routine tasks, reducing the number of errors and time costs for executing business processes, said Aydar Mukhametzyanov, Director of Investment Business Directorate Ak Bars Bank.

Technological cooperation of partners continues. In the near future, Ak Bars Bank plans to support the fully automatic download of files from the Moscow Exchange without user participation, as well as to robotize business processes for exchange transactions with derivatives.

According to our expert assessment, robotization allows you to speed up the data processing process, eliminate errors in the execution of business processes and reduce their cost, noted Kirill Zolotykh, board member, director of the Financial Markets department of Diasoft.

2019: Automation of the bank in financial markets

On December 27, 2019, it became known that Ak Bars Bank and Diasoft are implementing a joint project to automate the bank's work in financial markets. For six months, dozens of business tasks have been successfully solved. This productivity was achieved through the use of modern project management tools - SAFe methodology and PI planning. As a result, the bank is gradually achieving an important goal - reducing time-to-market (time to market).

The PI planning technology, which formed the basis of the collaboration between Diasoft and Ak Bars Bank, consists in direct communication between all project teams, business representatives and other interested persons, united in one large team - Agile Release Train (ART). Using the SAFe methodology helps partners manage several teams, the number of which grows identical to the quarterly increase in the number of project tasks.

We understand that in order to achieve a qualitatively different level of customer service, it is necessary to review the usual approaches to doing business and move to the use of modern technologies and management methods. It should be noted that the risks associated with an innovative position justify themselves. So, PI planning allows at the entrance, at the beginning of the quarter, to receive a task in the formulation of a business requirement, and at the exit, after the same period, a working product. One stage of the project can be completed per quarter - such a high speed is unattainable with the classic "waterfall" method of management, said Aydar Mukhametzyanov, director of the investment business department "Ak Bars Bank"

Diasoft experts confirm that the PI-planning method allows you to achieve quick results and successfully solve project tasks in any, even the most difficult, situations. It will be relevant if the customer needs assistance in clarifying business requirements, or several contractors, teams and products participate, as well as in the implementation of pilot projects in which the teams do not have sufficient experience.

The success of this approach is confirmed by the results. In total, for the quarter, the team of the bank and Diasoft put into commercial operation a decision on accounting for REPO transactions with a basket of securities with a floating rate and an open date.

Together with Ak Bars Bank, we first applied this format of interaction between the Diasoft production teams and the business customer - the result was good. The productivity of our teams is growing, and we are sure that this is not yet the limit. Collaboration is a real tool for increasing business efficiency, and we have no doubt that our experience will be a powerful driver for future successful projects. said Kirill Zolotykh, director of the Financial Markets department of Diasoft

Technological cooperation of partners continues. Ak Bars Bank uses the Diasoft solution to work with derivatives, with precious metals. With the help of automation of business processes, the bank reduces the risk of errors and the time for processing the operating day. STP technology at Ak Bars Bank solves the task of building business processes for exchange forex and calculating indicators in accordance with IFRS 9. The partners plan to modernize all back-office processes^[1].

Notes