Bank Rossiya Deploys Dynamika AML to Automate Financial Monitoring

Bank Rossiya has implemented Dynamika Financial Monitoring (Dynamika AML), a domestic solution designed to automate anti-money laundering (AML) operations. The system consolidates all AML functions into a single interface, enabling staff to perform client checks and document workflows in a seamless digital environment.

Cutting Operational Costs

The platform includes modules with more than 50 preconfigured scenarios, automated document checks, counterparty verification, activity logs, workload management, and staff performance statistics.

Integration with the Central Bank’s “Know Your Customer” (KYC) platform allows automated information exchange, which improves the efficiency of AML and counter-terrorist financing (CTF) procedures while reducing operational costs.

This rollout demonstrates the effectiveness of Russian-built technologies in critical financial institutions, including integration with Central Bank platforms. For the banking sector, it signals faster, simpler work for AML specialists, higher quality of oversight, better anti-money laundering mechanisms, reduced errors and costs, and more efficient interaction between banks and regulators.

Expanding Functionality

Bank Rossiya deployed four modules of the solution, giving employees comprehensive tools for financial monitoring. The integration with the Central Bank’s KYC platform not only enhances AML procedures but also lowers operational expenses through automated data exchange with regulators.

High interest rates and a general economic slowdown have reduced business activity across all sectors. For banks, this makes profitability difficult and forces closer scrutiny of operational efficiency. At the same time, Russian banks face mandatory large-scale migration to domestic IT solutions as part of the import substitution program. Deadlines for smaller banks have not yet been set, but full-scale migration is clearly on the horizon, and everyone is preparing for it. Independent solutions are emerging, but at an industrial scale, adoption is still a challenge

Ilya Batay

CIO of Sinara Bank

The product is designed primarily for the domestic market, as it is tightly integrated with Russian regulatory platforms. In the future, wider adoption across other Russian banks is likely — several financial institutions are already using it.

Further development could include machine learning to improve data processing, flexible trigger customization, and accelerated rollout. Adaptation for international markets is also possible if financial regulations are harmonized across jurisdictions.

System-Level Integration

Dynamika is positioned as a ready-made software infrastructure for building, deploying, and scaling resilient banking applications without complex coding. It functions as a modular, scalable ROOT-platform tailored for financial institutions.

Key advantages include faster decision-making, integration with CFT’s core banking systems, clear visualization of suspicious transaction indicators, and flexibility — since calculations are performed within the bank’s infrastructure, staff can adjust parameters as needed.

Earlier, Dynamika completed a project at TKB Bank integrating with the Central Bank’s KYC platform. This automation sped up reporting on legal entities and improved risk-based decision-making. In 2019, Expobank also deployed Dynamika AML, enabling 100% monitoring of transactions. The system flagged 1,350 suspicious operations between April and July 2019, accelerating decision-making processes.

Analytical Value

The implementation highlights the efficiency of Russian-made AML systems, ensuring regulatory compliance and raising operational effectiveness. Looking ahead, more banks may adopt the solution, while its algorithms evolve with machine learning for faster deployment and better accuracy.

While its primary focus remains the Russian market, the system could be adapted to foreign regulatory frameworks if needed. For now, it serves as a valuable case study of digital transformation and financial risk mitigation in a major Russian bank.