Russia’s most technologically advanced platform was named 16:32

The SberCIB Terminal platform is the most technologically advanced in the country and its demand will increase. This opinion was expressed by Anatoly Aksakov, Chairman of the Financial Markets Committee of the State Duma of the Russian Federation, in a conversation with the socialbites.ca correspondent.

Commenting on the sanctions imposed by the USA on the Moscow Stock Exchange and the National Clearing House the previous day, the parliamentarian noted that he was surprised by America’s decisions. At the same time, as Aksakov explained, the restrictions have minimal impact, since part of the foreign exchange market operates outside the exchange, and accordingly, this market will now become more active, including on the platform used by the Bank of Russia.

“The decision caused a stir in the emotional part of our market, but in principle it does not have serious consequences, it is not serious either,” the MP said.

Answering the question of whether the SberCIB Terminal platform helps in this situation, the chairman of the Financial Markets Committee described the platform as the most technologically advanced.

“In fact, the foreign exchange market is provided or serviced by technological systems, and the Sberbank system is perhaps the most technologically advanced in our country, and therefore the vast majority of market participants, many banks work through this Sberbank platform,” the parliamentarian said. He explained by emphasizing that “there is demand and now it will be in wider demand.”

Before that, economist Andrei Barhota reminded meIt was stated that Sber managed to ensure the uninterrupted implementation of foreign exchange transactions thanks to the SberCIB Terminal platform for carrying out transactions in financial markets online.

Formerly political scientist explainedThis prompted the United States to impose sanctions on the Moscow Stock Exchange.