RTLabs takes part in the 4th Annual NSFR Webinar ‘SMEV Services for Financial Institutions’

16 November

An RTLabs expert presented a report on the current SMEV objectives and development plans for 2019

On 15 November 2018 RTLabs took part in the 4th Annual Webinar of the National Council for the Financial Markets (NSFR), ‘SMEV Services for Financial Institutions’.
The seminar was attended by representatives of the Financial Technologies Department of the Central Bank; the Public Administration Department of the Ministry of Economic Development; the Department for E-Government of the Telecom Ministry; representatives of Rostelecom, Infotex Internet Trust, IDSystems and more than 100 financial market organisations.
The key purpose of the event was to discuss pending issues related to interfacing between banks and the Russian Ministry of Internal Affairs, the Russian Pension Fund, the Russian Federal Tax Service and Rostelecom, in view of the framework for Maximum Debt Load (PND) determination that will come into effect in the autumn of 2019.
In his expert report, Roman Kovalev, a staff member of RTLabs and a representative of Rostelecom, discussed Rostelecom’s current objectives for integrated development of SMEV. He said that a full-fledged Member Area of interacting participant and an improved file storage facility would be available by the end of 2018. Plans for 2019 include the establishment of an SMEV transactions processor, an SMEV datamart, a system to monitor SMEV participant behaviour and an ESNSI prompting service.
One of NSFR priorities is the development of access to electronic public services by financial institutions, including access to the services offered by the Unified System for Inter-Agency Electronic Interaction (SMEV). RTLabs has worked in cooperation with the National Council for the Financial Markets since August 2017.