Ashgabat hosted the Colvir Banking Conference on Nov. 10, 2025, organized by international IT company Colvir Software Solutions, one of the leading developers of banking solutions in the CIS.
The event at the Archabil Hotel marked the final occasion of the company’s anniversary year, celebrating 25 years on the international market and 17 years of operations in Turkmenistan.
Participants included representatives from the Central Bank of Turkmenistan, commercial banks, Turkmenpost, as well as international organizations and IT companies.
Denis Yudin, director of the business development department, delivered a report titled “Macro Trends of the Decade and Future Financial Scenarios,” highlighting key areas: artificial intelligence as infrastructure, asset tokenization, the gig economy, inclusivity, health as a new currency, and local identity.
Senior presales manager Alexey Soluyanov discussed how digitalization accelerates processes and enhances customer service, presenting new capabilities of Colvir V3, integration solutions Smart Data Hub and Security Server 3.1, as well as plans for microfinance, digital currencies, and Islamic financial products. Cases from banks in Kazakhstan and Azerbaijan drew particular interest.
Colvir presales lead Stanislav Malinin gave a presentation on practical applications of AI in banking processes, including automation, AI-based security monitoring, client offer personalization, and financial literacy. He emphasized that AI effectiveness depends on data quality and proper task setting, and that safe implementation is possible within regulatory frameworks.
IBM speaker Konstantin Punda explained how the company’s solutions help banks build reliable infrastructure and integrate generative AI into corporate processes.
Participants noted the conference’s practical value, exposure to global fintech trends, and the opportunity to discuss AI with experts. Colvir highlighted the importance of educational initiatives, webinars, Colvir Camp bootcamps, and industry events for developing banking professionals’ skills.
Founded in the U.K. in 2000, Colvir develops IT solutions for banks, postal services, and government financial institutions, including core banking systems, remote services, ERP, CRM, treasury, payment, and integration solutions. Today, 80% of Turkmen banks use Colvir solutions, and over 90% of the country’s financial flows pass through the company’s systems.
Colvir continues to advance technological and educational initiatives to ensure a sustainable digital future for Turkmenistan’s financial sector.