On October 15 and 16 Moscow was home to the 7th International VBA-2020 Forum captioned “Digital Evolution in Finance”. It felt especially good to realize that despite all the difficult circumstances the forum was held in a hybrid format: on top of the private online broadcast a traditional offline event was held for registered delegates at the Radisson Slavyanskaya hotel. Colvir was represented by Andrey Tezikov, Head of the AI&ML Line of Business.
Despite the pandemic, the event brought together leading developers of finance industry solutions — over 700 people in total, including 500 heads and experts of IT and business departments from banks and finance companies. VBA-2020 featured the most advanced solutions and technologies designed for use in attracting and serving customers, creating new products and services, developing business and optimizing business processes in banks and finance companies in the current rather challenging environment.
The Forum business itinerary was made up of 9 thematic conferences where executives and top experts from IT companies and banks delivered over 70 papers presenting new solutions and case studies,. They encompassed actually all key issues pertaining to the use of state-of-the-art technologies in the finance industry: implementation of ground-breaking technology innovations, effective IT infrastructure development, reporting and risk management, information security, fast payment systems, and a lot more.
“I would like to that the forum organizers who managed to do everything to the topmost standard at this difficult time. It was a real pleasure to attend this event live, to be able to look in the face of your industry colleagues and share with them your opinions with regard to the present-world transformation, hear what makes the industry tick and how it responds to today’s challenges”, — says Andrey Tezikov, Head of the AI&ML Line of Business.
It is worth noting that in this time of pandemic and economic recession state-of-the-art financial technologies are showing a great performance. Their use helps financial institutions to bring about great cost reductions, optimize business processes and stay connected to their customers. This is particularly valuable in the current environment of restrictive measures and distance working.