Kazakhstan has hosted a business brunch devoted to the past, present and future of bank Treasury operations
On April 19, 2025, Colvir Treasury Brunch staged by Colvir Software Solutions in Almaty was visited by representatives of Treasury departments of the country’s leading financial institutions. Visitors were welcomed against a background of live performance of classic violine and saxophone melodies with modern adaptation. Each participant was given a thematic gift set including chocolate coins, a monetary ASMR and noise-reducing earmuffs to delve into a relaxing atmosphere of banknote rustling.
The event brought together Treasury heads from Kazakhstan leading banks, digitization experts, accounting professionals, IT solution developers and people specializing in financial transaction automation. The business brunch continued a series of business events scheduled by Colvir to be staged in its anniversary 25th year since its establishment.
Over 60 professionals specializing in Treasury, accounting and IT areas from banks, micro finance institutions and postal operators got together to discuss Treasury digital transformation. Nastasya Solovey, Colvir Business Analytics Department Director, emphasized in her welcoming address the importance of open dialogue between banks and vendors in order to achieve creation and further development of state-of-the-art solutions.
My colleagues and myself are among those who are the first to meet customers on the way to having their ideas, requests and enquiries implemented. And rather than just implement it as is, we use our best efforts to look at it from a holistic perspective, understand what is behind each enquiry and propose a solution that is going to work not just today, but for the long term. Colvir Treasury Brunch is an event where besides sharing news and demonstrating solutions we also get feedback. Having got together Treasury experts, analysts and IT professionals, we can look at products and processes from different angles and identify common growth points. After all, Colvir Treasury is not just a product. It is living history that is being written jointly with banks.
Nastasya Solovey
Business Analytics Department Director
The event business itinerary included as follows:
- Colvir Treasury product history and development overview
- Presentation of product updates and further developments of the recent years
- Discussion of development plans and world Treasury trends
- Presentation by Cotvec, an event partner, of a report on digitization of precious metal operations
- Thematic quizzes, lot drawings and networking
Colvir Treasury history started in 2001 with first modules designed to support dealing operations, netting and interaction with SWIFT. Over the years the solution has massively evolved from its original baseline functionality to a full-featured platform that supports precious metal operations, IRS/CIRS, revaluation, custodial and brokerage accounting. Each customer today has on average five Treasury modules installed, and the demand still keeps growing. The product is developing at a high speed, and already ensures meeting key Treasury automation objectives: economic efficiency, user-friendliness and operational flexibility — in line with modern bank requirements.
Alexey Soluyanov
Colvir Presale-Manager
Representatives of the 15 Kazakhstan financial institutions attending the brunch shared their experience in automating Treasury operations, and presented their views on the further development of Colvir Treasury.
I have been familiar with Colvir IT products since year 2000, albeit in different roles. We are now engaged in implementing the system in KMF. As an experienced user I have been watching Colvir over the 25 years to keep changing, developing, actively responding to customer demands and being ready to implement them. As a popular joke goes, “any request for your money”. Even today I saw in the presentation a case study devoted to a project initiated by the company I worked for at that time to be implemented by Colvir. It was nice to see, and it demonstrated Colvir readiness to act in response to customer needs, as well as the opportunity for customers to make their contributions.
I have been working with Colvir in different banks over 10 plus years. Today I am a member of the Eurasian Development Bank team, and we were recently Implementing the new Treasury module. All memories I have of the company, of the implementation and of company employees are pleasant one – they are all good fellows and real professionals.
Vladimir Borovitsky
Eurasian Development Bank
As a representative of a bank that is a Colvir prospect, I would like to thank Colvir for the invitation to the business brunch — this is a very important event that provides an opportunity to get to know the Company, its solutions and its team. Colvir is one of the leaders in the Kazakhstan market and a readily recognizable team among the banking community. In my previous job I had a very extensive and productive experience of collaboration with Colvir, interesting projects.
Botagoz Kayrakbayeva
Bereke Bank
A larger part of the event was focused on the future: discussing development plans for Treasury modules including brokerage service refactoring and launching a new business application, analysis of key market trends, their integration with Colvir solutions, and an overview of those areas that are most promising for customers.
Each financial institution is like a large ship that has been following a familiar route for decades. Today the freshes have been overtaken by the digital change storm where new player and new technology waves keep rolling up, and outdated processes are as dangerous as icebergs. Customers are facing a choice: staying in the safe but dead-end old technology harbour, or entering the ocean of new opportunities together with Colvir Treasury automation, AIX integration, ETN and DFA accounting business process implementation. This is not just an upgrade — it is a transition to a new banking technology era.
Natalya Sorokina
Colvir Business Analyst
A very special atmosphere was created for the meeting by the interactive activities, i.e. quizzes, lot drawings, mini competitions and polling. Such events presenting opportunities always spawn projects for new solution implementations and for existing solution upgrades with customers, and for this reason Colvir has granted to all brunch participants a 10% discount for implementing their requests.
There is a good saying: “If you want to go fast, you should go alone, but if you need to go far, you should go together”. Over the 25 years Colvir has covered a long way together with banks, IT teams and individual professionals many of whom remain members of the Colvir family even if they change their employer. Such relations — honest, long-term, based on trust — have become the foundation of the company’s stability and its growth as a vendor. Such events are our method of thanking our customers with whom we have already covered a long way and continue moving together into the future. We use our best efforts to make each event not only informative, but also filled with emotions, gifts, lovely music, festive atmosphere and inspiration.
Ksenya Kasimova
Colvir Chief Marketing Officer
A few facts and figures to summarize the brunch outcome:
- The Colvir Treasury Brunch was visited by 60 representatives of Kazakhstan financial institutions
- Speaker papers included presentation of 40+ solutions, upgrades, enhancements, case studies and trends
- 9,75 out of 10 was the average assessment of the event level by its participants
- In this world of precise calculations we wanted to leave some room for probability, and this is the reason why the final prize drawing was not score-based – winners were randomly determined by a wheel of fortune. The win probability of 6,25% worked for three participantsв.
- The best speaker as selected by event participants was Natalya Sorokina with a report on the solution development plans and Treasury trends within and outside Central Asia countries.
- 170 потенциальныхprojects is the combined indication of brunch participants’ interest in implementing and upgrading Treasury modules.
By general repute of event participants, the Colvir Treasury Brunch has indorsed the key company values: strong partnership, honest interaction and desire to move together towards new technology horizons.
