The Head Of Sberbank German Gref
Photo: Oleg Yakovlev/RBC
The Supervisory Board of Sberbank has approved the transformation of the credit institution in the “financial ecosystem” by the end of 2018. The concept involves the incorporation into the platform of the Bank’s various partners, who will use open data
The Supervisory Board of Sberbank has approved the transformation of the credit institution in the “financial ecosystem” to the end of 2018, told reporters the head of the Bank German Gref at a meeting of the Council on Tuesday. “In General, the Supervisory Board approved the idea of turning the Bank into the ecosystem. The final decision will be made after the submission of our new strategy [2019-2023 years],” said Gref.
“We are creating a fundamentally new platform, which has until the end of 2018 to complete. We are moving in the framework of the plan, a number of services we have already implemented,” — said Gref.
According to him, in the creation of an ecosystem will be used the concept of open source, which implies the incorporation into the platform of the savings Bank of the various partners. They can use open data and codes of the Bank.
“The concept of open source, open source, gives us the opportunity to constantly is on the crest of innovation. We use open source solutions that hundreds of thousands of participants is constantly modified, and we have access to them,” added Gref.
He noted that Sberbank has plans for the withdrawal of the ecosystem to external markets. “The platform that we create is universal. It allows us to operate in any markets. There is one “but” — it sanctions. Sanctions in our international activities we are prevented,” — declared the head of Sberbank.
Previously, the newspaper “Kommersant” wrote that the Bank is working on the launch of national ecosystems. It is expected that the project will provide services to consumers and business in various fields. According to Bank calculations, by 2025 the volume of the economy an ecosystem can be 65 trillion.
The head of Sberbank said that the Bank is considering a partnership through the creation of ecosystems with companies such as “Yandex” and Mail.Ru. “With regard to “Yandex”, is our very close partner. We are a shareholder of Yandex, we have a joint business with him, and we believe the company is a technology leader in the country. We discuss the extension of our partnership with one (“Yandex”. — RBC) and the other (Mail.Ru. — RBC) companies”, — said Gref.
However, he did not comment on specific projects with external partners. Representatives of Internet-companies Yandex and Mail.Ru Group declined to comment. Source RBC in one of these companies said that he knew about the project from the media, and a statement of partnership called a hypothetical.