Key Technological Projects Implemented by VTB Group in 2018

The work of the Supervisory Council was digitised. This has enabled the Bank to optimise the processes involved in preparing and holding meetings of the Supervisory Council by creating a unified communication space in accordance with all security requirements.

The IT infrastructure from the former Bank of Moscow’s automated banking system (ABS) was migrated into VTB’s private cloud platform. The migration has resulted in a reduction of RUB 10 million in operating costs per month due to no longer having to provide technical support for obsolete equipment. In addition, the time needed to carry out the most important background processes was reduced by three times, as was the operational window for backing up data. Annual savings will amount to RUB 120 million.

Next-generation remote banking service platform. Advanced containerisation and traffic management technologies were used for its design, thus increasing the availability and fault tolerance of systems. The distributed capacity of the Bank’s private cloud is used as the basic technological infrastructure.

VDI (virtual desktop infrastructure) technology was implemented, and 14 thousand employees were transferred to virtual work stations. This is part of a large-scale programme to centralise and improve the quality of IT services and provide a common IT platform as part of the integration of former VTB BM and VTB24 structures with VTB.

Corporate Business Portal unified information platform. This project introduces tools for cross-functional interaction among employees and a work platform for the Bank’s corporate business call centre, and it also involves the use of intelligent information processing algorithms.

Advanced data analysis toolkit. This will help specialists from the Big Data and Modelling Centre, the Retail Credit Risk Department and the Retail CRM and Sales Department. The service will improve the accuracy of forecasts and analytics through the use of a new class of models based on neural networks.