May 17, 2016 Virtu Systems became a silver sponsor of the conference “Bancassurance: products and technologies” organized by Information consulting group “Business-Service” which took place in Golden Ring hotel. Participants discussed topical issues of development of financial technologies, inevitable digitalization of the market, and threats to classical forms of insurance and banking business.

Virtu Systems representatives Dmitry Chesnokov, Commercial Director, and Pavel Poloskov, Product Director, told about successful cases of using platform, and about the brightest startups in InsurTech. New product VIRTU RING was announced.

Virtu Ring is a partner marketplace. Suppliers and sellers will get chance to communicate for promotion of products and receiving new sales channels on one place. Virtu Ring will allow to set up products easily, to use convenient front office and API for integration with own front office, to provide API for placement products and sale from the system. Besides, Virtu Ring uses encryption at the level of the message that guarantees transmission of client’s personal data only to the partner of a marketplace whom personal data was send. Pavel admitted that the marketplace will simplify mutual payment. Virtu Ring will be offered as White Label a platform for banks, retailers and other intermediaries for the organization marketplace.

Speakers noted that innovations in products and communications with clients and partners became the key to success in financial business.

We would like to thank Vadim Demchenko for conducting sections and Information consulting group “Business-Service” for the high level of organization.

Watch Virtu Systems’s presentation: “Banks and insurance companies: construct the future”