Uzpromstroybank is making a significant step in strengthening its compliance processes by implementing modern solutions for anti-money laundering (AML), customer due diligence (KYC), and countering the financing of terrorism (CFT). The integration of IMTF’s Siron® platform and the Creatio platform will enable the bank to efficiently detect suspicious transactions and manage customer information.
IMTF’s Siron® platform is a comprehensive financial crime compliance solution that combines advanced artificial intelligence technologies and rule-based detection to accurately and reliably identify suspicious activities. The platform ensures real-time transaction monitoring, sanctions list screening, and customer risk management, enhancing both the accuracy and efficiency of compliance operations.
The Creatio platform, with its capabilities for automating business processes without the need for programming, will allow bank specialists to consolidate and manage customer information while also automating compliance processes, including initial and regular customer due diligence procedures. Its intuitive interface and built-in AI tools provide flexibility and adaptability in managing customer data.
Chairman of the Board of the Bank, Aziz Akbarjonov, stated:
“The transition to new systems from global leaders IMTF and Creatio, utilizing cutting-edge no-code and artificial intelligence technologies, is a necessity driven by the constantly evolving compliance landscape, the growing demands of our regulator, and the expectations of correspondent banks.”
The implementation and configuration of the solutions are carried out by the Latvian company Confero Technologies, an authorized partner of IMTF and Creatio. The expertise and experience of Confero Technologies in compliance solutions will ensure the successful integration and adaptation of these new systems into the bank’s infrastructure.
About Uzpromstroybank
Uzpromstroybank is one of the leading banks in Uzbekistan, providing a wide range of financial services to individuals and businesses. The bank strives for continuous improvement of its services and the implementation of innovative solutions to meet customer needs.
About IMTF
IMTF is a global provider of advanced compliance and risk management solutions. Its flagship product, Siron®One, offers a comprehensive approach to combating financial crime through AI- and machine learning-powered technologies.
About Creatio
Creatio is a global provider of no-code business process automation solutions, integrating artificial intelligence to optimize workflows and enhance operational efficiency. The platform enables financial institutions to adapt swiftly to regulatory and market changes.
About Confero Technologies.
Confero Technologies is a Latvian company specializing in the implementation and customization of compliance and business process management solutions. As an authorized partner of IMTF and Creatio, the company brings deep expertise in deploying cutting-edge financial compliance technologies.
