Allianz Bank Bulgaria Starts a Full Digital Transformation Project, in Partnership with Software Group
16 January 2019, Sofia – Allianz Bank Bulgaria is launching а digital transformation project that will help the financial institution meet client expectations and will make interaction with the bank easier and more convenient for customers. Тhe project will be executed in partnership with Software Group - a global technology company headquartered in Sofia. The project duration will be two and a half years, implemented in phases. The first results are expected at the end of 2019.
Among the solutions, included in the project scope, are the implementation of a digital banking platform, loan management solution, agency banking solution, a personal finance management portal, customer identity and access management solution and more. The client services of Allianz Bank Bulgaria will be supported by a chat bot that will provide opportunities for self-service, saving customers time and ensuring convenience.
„It is of utmost importance for us to respond to the needs of the modern people who are more informed than ever before, and have higher expectations from the companies they interact with. Our priority is to offer our clients contemporary digitalized customer service with a focus on speed, quality and individual approach. The implementation of the new digital platform along with Software Group is part of our strategy for digital transformation and will ensure new and improved customer experience” – said Georgi Zamanov, CEO of Allianz Bank Bulgaria.
The new platform will provide digital channels which will enable easier access to financial services, reducing the operational costs of the bank and transitioning to entirely paperless processes, ensuring better customer experience online and offline.
“We are proud to establish a long-term cooperation with Allianz Bank Bulgaria and to support them in the process of complete digital transformation. I would be glad to see more examples of fast-growing financial institutions that invest seriously in innovations, following the global trends” – commented Kalin Radev, CEO of Software Group.
According to the Bulgarian Banking Barometer 2018, an annual survey by EY Bulgaria identifying the confidence of the banks’ senior management in the economy, the banks and the banking system, 100% of the banks in Bulgaria claim that optimization of their processes is a top priority for their institution, along with investment in customer-facing technology.
About Allianz Bank Bulgaria
Allianz Bank Bulgaria AD is part of Allianz Group and offers a full range of banking and insurance products and services. The bank holds a long-term credit rating of “BBB+”, with a stable outlook, confirmed by the international rating agency Fitch Ratings. Learn more at: www.allianz.bg
About Software Group
Software Group is a global technology company specialized in digital channel and integration solutions for institutions that provide financial services. Founded in 2009 and headquartered in Sofia, Bulgaria, it currently serves a worldwide client base in more than 65 countries from 9 regional offices located in Australia, Bulgaria, Egypt, Ghana, India, Kenya, Mexico, the Philippines and the USA. The company’s vision is to accelerate financial inclusion by creating cutting-edge technology solutions. Some of Software Group’s customers are organizations such as Bill & Melinda Gates Foundation, International Finance Corporation (IFC), 7 of the top 10 Microfinance networks, Asian Development Bank, Bank South Pacific, Atlantic Group, Fidelity Bank, Commercial International Bank (CIB), etc. Visit us at: https://www.softwaregroup.com