OREANDA-NEWS. A Sberbank delegation made up of the heads of the bank's operations, IT and Digital divisions and the compliance, trade finance and financial institutions divisions of Sberbank CIB took part in the 37th International Financial Forum SIBOS 2015. International members of the Sberbank Group were also represented at the forum, including Sberbank Europe (Austria) and DenizBank (Turkey).

At the forum more the 70 meetings and talks with key partner banks, the management of SWIFT, leading global developers of software and architecture solutions for the settlement business.

Emphasis was placed on developing cooperation with foreign banks in the areas of clearing, trade finance and global markets. The meetings demonstrated that the majority of our partners have adapted to the conditions that derive from current geopolitical realities and on the whole are ready to actively broaden cooperation with Sberbank.

Agreements were reached on providing rouble clearing services for new respondent banks. There was a large amount of interest in using Sberbank FinLine, the state-of-the-art front end solution for financial institution.

SIBOS 2015 demonstrated compliance's relevance and importance for the banking community. Representatives of major international financial institutions shared their development plans and discussed new approaches and innovative compliance control instruments.

One of the main topics during the Forum's panel discussions was cooperation between banks and technology companies aimed at creating a positive user experience. During a number of the Sberbank delegation's business meetings important agreements were reached with partners.

These agreements include future work on advanced technologies and business models, which will help shape unique competencies and contribute to the fulfilment of Sberbank's development strategy.

Sberbank's work at the forum centred on a stand with a modern design that symbolised the bank's commitment to cutting-edge digital technologies