Andrey Gribov: “Russia is in need of its own financial pipelines”
As of late, political and economic sanctions of Western countries on Russia are becoming tougher, and the menace of destabilization of the whole bank sector of Russia is arising. Under the circumstances Central Bank directs its efforts towards forming a steady system, which, if push comes to shove, would negate the negative impact from without, while maintaining viability of the bank infrastructure and the whole financial market of the Russian Federation. One of the strategic directions is a search for solutions that would be able to replace SWIFT interbank financial telecommunication system. CyberPlat® has developed a system called CyberFT – Russian alternative to SWIFT. CyberPlat® CEO Andrey Gribov is sharing details about CyberFT.
CyberPlat is proposing a domestic equivalent of SWIFT
"CyberPlat" CJSC proposed an ambitious project – a domestic equivalent of SWIFT financial data interchange network, designed to protect the Russian banking system from international sanctions.