Sanctions pressure strengthens technological sovereignty and sustainability of domestic services
This and other pressing issues were discussed by at the FINOPOLIS 2025 Innovative Technologies Forum during the session “Import Substitution: Industry Testbeds for Innovation”.
The session was moderated by Andrey Vybornov, Deputy Director of the Information Security Department, Bank of Russia.Main topics of the discussion:
· Industry testbeds: goals and objectives.
· Role of the ICC “Finances”.
· Organization of testing: first results.
Speakers:
· Sergey Bezbogov, Senior Vice President, Deputy Head of Technology, VTB Bank
· Andrey Kuznetsov, Rosselkhozbank
· Alexey Firstov, Sberbank
· Dmitry Nazipov, Senior Vice President, Head of IT Department, Gazprombank
· Ilya Sivtsev, CEO, Astra Group
· Alexey Soloviev, Director of Advanced Systems Department, NPF “Future”
Alexey Firstov (Sberbank) spoke about the implementation of various solutions and tracks during the import substitution process. The speaker noted that Sberbank is ready to bring platform layer products to market.
Drawing on VTB's experience, Sergey Bezbogov shared examples of import substitution, noting certain challenges in vendor collaboration with a large financial institution.
Dmitry Nazipov noted that Gazprombank had fulfilled its respective regulatory obligations by 2025 and is currently considering the complete migration to an import-substituted environment. This will remove the last segment of non-import-substituting architecture from the credit institution's system by 2030.
Along with the lively discussion at the forum, Rosselkhozbank presented its own fintech innovations developed in the climate of import substitution and switching to domestic software.
Forum participants noted that the sanctions pressure on fintech has highlighted the need to strengthen technological sovereignty and ensure the sustainability of domestic services for the benefit of clients. Thus, in-house software allows for complete control over the lifecycle of fintech products – from development to implementation.