In Russia, major banks are gradually switching to domestic equipment, including servers and data processing centers. However, experts interviewed by Kommersant note that many players in the financial sector still need foreign IT solutions, and some equipment has become "Russian" by relabeling Chinese equipment.
According to the decree of Russian President Vladimir Putin, credit organizations must switch to Russian equipment by 2025. Active work is underway in this direction.
Pavel Kovalenko, head of the Informzaschita center, stated that the level of import substitution among major players in the banking sector amounted to 60%. Similar estimates were presented in K2Tech.
However, second- and third-tier players are significantly lagging behind, with the level of import substitution below 50%, experts note. Small organizations working with the public plan to purchase Russian equipment in late 2023 - early 2024, the publication's sources summarized.
