Bank Blank scales business 40 times on Yandex Cloud

2022: Move to Yandex Cloud

Bank for Business Blank chose cloudy a platform Yandex Cloud to develop and operate its services. This was announced on July 27, 2022 in the company. Yandex.Cloud How -, fintechto startup Blank is important for the speed of launching service updates, as well as optimization. With investments the help Yandex Cloud of, the company was able to reduce the application development period to 9 months at the start. And by 2023, Blank plans to grow 40 times in terms of the number of customers, releasing up to 20-25 releases per week without stopping the service.

Yandex Cloud hosts three key Blank systems: mobile application business logic, client CRM and automated accounting. Blank's technical team can speed up each new release with flexibility in managing cloud resources. The bank's specialists use the Yandex Cloud capacity in the required amount upon request. This allows you to create an unlimited number of test benches for developing an application or site, test hypotheses as quickly as possible and convey value to users.

The application of Yandex Cloud technologies also helped the bank save on capital spending on infrastructure. According to preliminary calculations, the payback period for own servers with the necessary licenses would be at least 7 years, excluding depreciation of equipment. In the cloud, developers have the ability to track current costs and optimize them as needed.

I had a dream - to create a banking product from scratch right in the cloud. For the startup, the key indicators are the speed of launch and optimization of investments, and preliminary calculations showed that the development and production of the bank's application on its own resources located in the data center is practically not payback. During the time that we would spend on bidding, purchasing and installing equipment, we have fully completed the development of the main functions of the application on the Yandex Cloud platform, told Robert Sabiryanov, co-founder and CTO of Blank for Business.

The banking sector remains one of the most attentive to information security requirements. At the same time, market participants are increasingly using Yandex Cloud to quickly launch products and scale existing services. Cloud capabilities keep IT agile and responsive. told the head of work with key clients Yandex Cloud Alexander Chernikov.

Thanks to the presence of industry-specific security certificates (152-FZ, PCI DSS, GOST 57580) in the cloud platform, the bank was able to quickly and without additional investments pass the PCI DSS audit. At the same time, following the requirements of the regulator, the bank stores part of the data (for example, bank secrecy) on its own infrastructure. Secure data exchange between the bank and the cloud platform takes place using the Yandex Cloud Interconnect service, which provides a dedicated network connection.