Rosbank optimizes automated interbank data exchange process

2021: Optimization of NPP integration process with automotive manufacturers banks

On September 23, 2021, Rosbank announced that it had optimized the process of integrating automated systems with automaker banks, which increases the speed of data exchange through the core systems of banks.

Earlier, from the moment the files were uploaded on the side of the partner bank until they were received on the side of Rosbank, 15 minutes passed. Now, according to bank representatives, the entire process takes no more than 15 seconds.

The integration of Rosbank software, which is used to transfer data in order to further open an account to a borrower of a partner bank, issue a car loan, repay payments and de-authorize an account, with the new automatic banking system of a partner bank is now carried out through the publication of an API service on the WSO2 platform. Partner files are signed with an enhanced qualified electronic signature.

At the software level, Rosbank implemented an algorithm for validating, verifying and removing the electronic signature of a partner bank using CryptoPro tools. This integration allowed banks to accelerate data exchange by 60 times, Rosbank noted.

"Over the past two years, we have been actively working with partners on the transition to a faster and more technological service and API integration of information systems. Relevant agreements have already been concluded with hotel market players and work has been established. From the point of view of the end user - the buyer of the car, the updated process affects the speed of opening an account with which the client will pay for his car loan at the car manufacturer's bank, "said Yulia Aleksashina, deputy director of the department for the development of non-digital sales and service channels at Rosbank.

2020: Bilateral integration of automated banking systems of Rosbank and BMW Bank

Rosbank and BMV Bank implemented bilateral integration of automated banking systems to ensure more convenient access of BMV Bank borrowers to information on the status of their accounts opened at Rosbank to service car loans. This was announced on August 18, 2020 in Rosbank.

Thanks to the integration, car owners now have information about account balances in Rosbank in the personal account of the Internet Bank and the BMV Bank mobile application, which makes it possible to increase the convenience of servicing a loan, simplify control over funds for servicing a car loan, and avoid delay.

BMV Bank initiated the project, guided by the interests of its clients and in order to provide them with the opportunity to receive comprehensive information on their loans and accounts through a single window - the personal account of BMV Bank.

Rosbank implemented the process of integrating the core systems of the two banks, realizing the positive experience of using the bank's service through the API using the WSO2 integration platform.

"We began a joint discussion of the process in the second half of 2019, and already in July 2020 we successfully tested the service. Now, the borrowers of BMV Bank do not need to track their balances on accounts in different systems, but just go to the personal account of BMV Bank, where the balance on the account in Rosbank will be displayed. This example of API integration of information systems of two banks is the first in the Russian market, "said Yulia Aleksashina, deputy director of the department for the development of non-digital sales and service channels at Rosbank.