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<< octobank >>
Octobank is a versatile credit institution with a widely developed network of regional branches.
Octobank is listed in the register of banks participating in the mandatory deposit insurance system and is a professional player in the securities market. It provides all types of banking services available in the financial market.
Octobank is listed in the register of banks participating in the mandatory deposit insurance system and is a professional player in the securities market. It provides all types of banking services available in the financial market.
Neobank setup
10+ white-label providers assessed
20+ policies implemented
5+ new external integrations facilitated
Advix and Octobank
Our team provided comprehensive IT compliance and setup services for Octobank's new neobank LoB operating in local and international markets.
The project was executed within a tight two-month timeframe and resulted in a phased rollout plan with clearly defined timelines, budgets, and procedures.
By the end of our collaboration, Octobank experienced several key improvements.
The project was executed within a tight two-month timeframe and resulted in a phased rollout plan with clearly defined timelines, budgets, and procedures.
By the end of our collaboration, Octobank experienced several key improvements.
improvement 04
Phased Rollout Plan
Developed a structured rollout plan, broken down into phases with specific timelines, expected quality metrics, and manageable budget. This streamlined the integration, onboarding, and market launch processes.
improvement 03
Third-Party Integration
Facilitated integrations with crucial 3rd party providers like SumSub, Fire blocks, Finery Markets, Crystal and numerous other LPs (Liquidity Providers) to optimize timelines and address business and compliance requirements.
improvement 02
Compliance Framework Development
Created and implemented procedures and policies for AML, security, customer risk assessment, business risk assessment, safeguarding, incident management, IT support, and custody management – all in close collaboration with the Octobank team.
improvement 01
White-label Provider Selection
Audited and assessed over 10+ white-label providers specializing in crypto exchange and neobanking services to identify the best fit for Octobank's needs, considering maturity, security, features, scalability, budget, and timeline.
Advix team participating in the octobank case
/ Experts
Nikolai
Shuliakovskii
Shuliakovskii
Technology Advisor
20+ years hands-on experience in managing dev teams in projects with complex, multi-component architecture. He is experienced in tech auditing of bank systems, large-scale B2C products, and cloud solutions. His fields of expertise include implementation of dev methods, building a team landscape, and architecture-as-code storage approach.
Alexander
Sotnikov
Sotnikov
Compliance Advisor
Seasoned IT Expert (15+ years) with expertise in Finance, Insurance, Crypto, and Fintech. Proven track record in managing complex projects at Deutsche Bank, Bridgewater, UBS, and Credit Suisse. Skilled in Compliance, Delivery, and IT Management.
Valerie
Leroy
Leroy
Business Development Manager
Valerie's expertise spans immersive technology, fintech, web3, and SaaS sales. She brings her 8 years of experience in driving sales and growth across varied dynamic industries and aligning solutions with diverse financial goals.
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octobank
