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Financial Market Digitalization Roadmap
22.05.2015 08:00 / MIFC
The roadmap is aimed at coordinating efforts by the Bank of Russia, federal authorities, and NGOs:
- to gradually reduce paperwork in the financial market, leading to its full elimination;
- to provide equal financial market access to private individuals and market participants (irrespective of their location);
- to simplify work, improve trust, psychological comfort and security in retail financial services;
- to improve effectiveness of operations, cut non-core business expenses and, as a result, boost the financial sector’s competitive edge.
The roadmap draft was reviewed at an Government IT Commission session and approved by Deputy Prime Minister Arkady Dvorkovich.