In today's world, technology has become a driving force for most businesses. Not only does it increase efficiency, but it also helps to adapt to dynamic market changes. Modern companies in Ukraine and worldwide are actively implementing innovative solutions to automate business processes, optimise costs and increase competitiveness. Partnerships with major technology companies such as IBM play a crucial role. In this regard, Solidity, a company that officially holds the status of IBM Gold Partner in Ukraine, is one of the leaders in the market of innovative business solutions.
What is Solidity?
Solidity is a leading Ukrainian IT company, that provides innovative and reliable solutions for businesses in Ukraine and abroad. The company specialises in developing high-tech, high-performance systems that ensure stable 24/7 operations for its clients. Thanks to its team of experienced experts and the use of advanced technologies, Solidity has established itself as a reliable partner committed to innovation. The company works closely with global suppliers to provide customers with the most innovative solutions to meet the demands of modern business, with a focus on security and operational efficiency. Solidity can create solutions that help companies achieve maximum results by combining technical excellence with a forward-thinking approach.
One of the company's key assets is its team of highly skilled professionals with extensive experience in managing modern systems critical to the smooth running of business operations. Each team member's in-depth knowledge and accountability ensure consistent service delivery, regardless of the complexity and scale of the task.
Solidity is also renowned for its ability to handle complex and mission-critical projects. Companies rely on the world's leading vendors to design and implement innovative, high-performance technology solutions that give businesses a competitive edge in a rapidly changing marketplace. To drive technological advancement, Solidity integrates the latest developments into its solutions, ensuring increased security, reliability, and operational efficiency for its customers.
Solidity offers a range of specialised IT services aimed at improving the efficiency and security of business processes, including:
- Financial security. The company develops solutions to minimise financial risk, including fraud prevention, risk management and regulatory compliance. This ensures reliable protection of financial data and operational transparency.
- Software solutions. Solidity develops customised software, creating scalable products that drive business growth. From Enterprise Resource Planning (ERP) systems to specialised applications, each project is designed to maximise efficiency and meet the needs of the client.
- Infrastructure solutions. Solidity develops and maintains reliable IT infrastructure systems that ensure business uptime and operational excellence. Services include network design, storage solutions, virtualisation and systems integration to optimise processes and increase productivity.
Solidity customers receive high-tech support that enables them to operate securely, efficiently and with the latest innovative solutions.
What is IBM?
IBM is a global technology company known for its leading-edge solutions in cloud computing, artificial intelligence, analytics and security. Its main goal is to enable businesses to achieve rapid and seamless digital transformation. IBM has many key technologies that are in high demand in various industries, including Ukraine. Here are some of them:
- IBM Watson is a powerful artificial intelligence platform for automating analysis, personalising services and processing large volumes of data. With Watson, organisations can quickly analyse data, gain insights for decision-making and create automated customer service systems that use machine learning to improve service quality. With Watson's intelligent algorithms, organisations can personalise the user experience, increase data processing efficiency and improve customer engagement.
- IBM Cloud is a cloud platform that enables organisations to securely store data, automate business processes and harness the power of cloud computing to grow their business. IBM Cloud offers solutions for a wide range of needs, from deploying applications to managing large volumes of data in the cloud. It enables businesses to scale their operations quickly and access resources only when they are needed, providing flexibility and cost savings.
- IBM Security is a comprehensive set of advanced information security solutions that help organisations protect data and reduce the risk of cyber threats. IBM Security provides tools to detect and respond to cyber threats, ensure regulatory compliance and manage identity and access. With IBM Security solutions, organisations can effectively protect their assets from a wide range of threats, reducing the risk of confidential information loss and business disruption.
- IBM API Connect is an integration platform that enables organisations to securely manage their application programming interfaces (APIs) and easily integrate with other systems. IBM API Connect provides tools for designing, building, deploying and managing APIs to simplify the exchange of data between different applications and services. As a result, organisations can quickly develop new functionality, improve interactions with customers and partners, and easily integrate with other platforms and solutions.
- IBM FlashSystem is a high-performance storage solution that delivers fast access to information, high reliability and efficiency. IBM FlashSystem uses low-latency flash drives to store large amounts of data, enabling organisations to work quickly with critical information. Ideal for organisations with high-performance requirements, it provides the data speed and stability needed for continuous operations.
- IBM Robotic Process Automation (RPA) is a technology that automates routine business processes using robotic programmes to perform tasks instead of people. With IBM RPA, you can automate a wide range of operations, from document processing to customer application management, reducing the need for manual intervention and minimising errors. With RPA, organisations can significantly reduce labour costs, increase the accuracy and efficiency of operations, and free up employees for more strategic tasks.
Each of these IBM solutions is designed to improve business processes, increase operational efficiency and ensure security, making them valuable tools for Ukrainian businesses looking to innovate and grow.
IBM solutions that can be implemented in Ukrainian business
IBM solutions offer Ukrainian businesses a wide range of opportunities to increase efficiency, ensure security, automate processes and improve data processing. Here are some of the key IBM solutions that can make a significant impact on the development of Ukrainian businesses, keeping them competitive and secure.
- IBM SaferPayments
The IBM SaferPayments platform is designed to detect fraudulent transactions in real-time and protect against financial risk. The solution is particularly valuable for Ukrainian banks and financial companies, as it enables them to respond to suspicious transactions promptly, reducing the risk of fraud and complying with regulatory requirements, which is critical at this time. Using machine learning, IBM SaferPayments adapts to new types of threats, maintaining high levels of payment security and ensuring customer confidence.
- IBM FlashSystem
IBM FlashSystem provides a fast and reliable data storage infrastructure using flash memory. This solution is ideal for large Ukrainian enterprises and government agencies that require high performance when working with large amounts of data. FlashSystem ensures reliability and business continuity, helping to prevent downtime and improve the performance of key applications.
- IBM API Connect
IBM API Connect enables Ukrainian organisations to efficiently create, manage and integrate APIs that enable the easy exchange of data and functionality between different applications and platforms. This solution becomes the foundation for integration with other services and vendors, enabling businesses to respond quickly to market changes, deliver new services and create new products and services. API Connect also provides reliable data protection during transmission, which is an important factor in business security.
- IBM OpenPages
IBM OpenPages is a risk management solution that enables organisations to identify, assess and mitigate financial, regulatory, operational and security risks. This is critical for Ukrainian businesses, as compliance with regulatory standards is a prerequisite for stable operations. OpenPages simplifies monitoring and reporting, which is particularly important for large enterprises and the banking sector, where there is a high level of responsibility for data security and compliance.
- IBM Watson
IBM Watson is a powerful artificial intelligence platform that can process large amounts of data, automate analysis and personalise customer service. For Ukrainian businesses, Watson is becoming an important tool for improving customer experience, increasing loyalty and creating deep personalisation. It helps automate analytical processes, enabling quick decisions based on up-to-date data, which is important in rapidly changing market conditions.
IBM solutions such as SaferPayments, FlashSystem, API Connect, OpenPages and Watson will enable Ukrainian businesses to adapt to modern challenges, strengthen security and ensure the efficiency of business processes.
Cooperation between Solidity and IBM
The partnership between Solidity and IBM is an impressive example of the integration of advanced technologies and deep expertise focused on the needs of the Ukrainian market. The cooperation is based on a unique combination of IBM's innovative technology development capabilities and Solidity's long experience in implementing high-quality business solutions in Ukraine. As an IBM Gold Partner, Solidity not only gets early access to the latest technologies and solutions but also the opportunity to receive specialised training from IBM experts. This enables us to offer our clients not only the most advanced technologies but also to implement them with the highest standards of quality and efficiency.
This partnership offers Ukrainian companies the opportunity to gain market advantage with integrated solutions that include innovations in business process automation, data security, risk management and effective work with large amounts of data. Solidity, in turn, can quickly adapt and integrate these technologies into the real working conditions of Ukrainian companies, ensuring their successful implementation and maximum results.
Examples of joint projects and initiatives
Since the start of the cooperation with IBM in 2020, Solidity has implemented more than 20 joint projects aimed at implementing innovative solutions for various industries: banking, government, telecommunications and retail. Successful cases include the development and implementation of advanced anti-fraud systems for banks that have significantly reduced fraud, the creation of effective queue management systems that improve the quality of customer service, and the implementation of infrastructure solutions that ensure the smooth operation of the business.
We offer our clients both software solutions and complex infrastructure projects. The uniqueness of the cooperation between Solidity and IBM lies in the integration of high-tech approaches and highly personalised solutions for each customer. Attention to detail, consideration of business needs and ongoing customer support after the project is completed are key components of our work.
Other achievements include business process optimisation using analytics and data management systems based on IBM technologies, and IT infrastructure modernisation projects that help our clients increase productivity and competitiveness.
In 2023, Solidity achieved significant recognition by becoming an IBM Gold Partner. This status confirms the high level of expertise of our team, the reliability of the solutions we implement and the effective cooperation with IBM. This achievement also opens up new opportunities for the development of advanced projects aimed at the long-term success of our customers.
All of these projects and the partnership status are proof of the effective interaction and synergy between Solidity and IBM, who are joining forces for technological progress and sustainable business development in various industries.
Benefits of joint solutions for Ukrainian business
The integration of advanced solutions from Solidity and IBM will help Ukrainian companies not only optimise internal business processes but also significantly increase efficiency and adapt to a rapidly changing market. The use of process automation, particularly through the introduction of robotic business process automation (RPA), can significantly reduce the level of human involvement in routine tasks such as data processing, document management and other repetitive operations. This reduces operating costs and frees employees from monotonous tasks, allowing them to focus on more important and strategic tasks.
The integration of such solutions not only improves the speed of task completion but also ensures a high level of accuracy and reliability. Automation, combined with advanced analytical tools, enables organisations to respond quickly to changes in demand, regulations, the competitive environment and other external factors. As a result, companies can significantly reduce operating costs while improving customer service, flexibility and speed of decision-making.
Another important benefit is the integration with other advanced technologies, such as artificial intelligence (AI) and machine learning, which together with RPA create a system of intelligent automation that can adapt to new situations and optimise processes without human intervention. This approach not only provides economic benefits but also creates competitive advantages for businesses in the Ukrainian and international markets.
Reduce costs and increase efficiency
By integrating advanced solutions from Solidity and IBM, Ukrainian companies will gain significant cost optimisation and efficiency benefits. IBM cloud solutions, such as IBM Cloud, enable organisations to pay only for the resources they use, rather than for reserved capacity. This means businesses can reduce their IT infrastructure costs by eliminating the need to maintain physical servers and other hardware, which typically require significant maintenance and upgrade costs. Instead, organisations pay for the resources they use, allowing them to reduce fixed costs and flexibly align spending with actual business needs.
Process automation, including robotic process automation (RPA), helps reduce the number of people needed to perform routine tasks. This can reduce labour costs by automating many monotonous and repetitive tasks, such as data processing, document review or information entry. As a result, large numbers of people are no longer required to perform these tasks, reducing salary and training costs while maintaining high levels of productivity.
In addition to cloud and automation, many other IBM solutions are actively helping to reduce costs and improve efficiency. For example:
- IBM Watson is an artificial intelligence technology that uses machine learning and data analytics to automate complex business processes such as customer service, demand forecasting and market analysis. It enables organisations to make more informed decisions based on data, reducing operating costs and improving forecasting accuracy.
- IBM FlashSystem is a data storage system that provides fast access to information while reducing power consumption and storage costs. It can significantly reduce the cost of physical servers and disk systems, and increase computing efficiency by accelerating the way people work with information.
- IBM API Connect is an API management solution that enables organisations to integrate a wide range of applications and services more quickly, reducing the time and cost of integration projects. Its implementation reduces the need for complex infrastructure solutions and reduces the number of unnecessary operations, resulting in lower operating costs.
- IBM OpenPages is a risk and compliance management solution that automates monitoring and reporting. It reduces the cost of regulatory audits and risk management and enables organisations to reduce financial losses due to errors or non-compliance.
In addition, IBM SaferPayments enables organisations to secure payments and transactions by automating fraud detection and reducing the cost of resolving security issues. These solutions enable organisations to maintain a high level of security without increasing security management costs.
Overall, the integration of these innovative solutions will help Ukrainian businesses not only reduce IT and operational costs but also improve customer service, reduce time to value and ensure sustainable development in a highly competitive market.
Innovations in data management and automation from IBM
IBM is actively implementing innovative solutions to transform business processes, automate routine tasks and improve business efficiency.
IBM Watson breaks new ground in the use of artificial intelligence, providing analytical capabilities for informed decision-making. Through innovations in personalising customer service, Watson helps organisations better understand customer needs and create unique customer experiences.
API Connect provides advanced systems integration solutions. This tool not only reduces the cost of developing and maintaining APIs but also significantly accelerates the exchange of data between applications. An innovative approach to security and management makes this process reliable and controlled.
SaferPayments uses advanced machine-learning algorithms to combat fraud in the financial sector. This solution automates the identification of potential risks, ensuring the reliability of payment transactions and significantly reducing financial losses.
Open Pages introduces an innovative approach to risk management and compliance. By automating this area, organisations can reduce audit costs and minimise reliance on large teams of specialists.
Using innovative IBM technologies, organisations can automate key processes, reduce costs and increase competitiveness through effective data management and modern technology approaches.
Real-life examples of implementation
Solutions offered by Solidity in cooperation with IBM help to significantly improve the efficiency and security of business processes in various industries, especially in the banking sector. Two vivid examples of such solutions implemented for Ukrainian banks demonstrate how technology can significantly reduce business risks and improve operational efficiency.
- Anti-fraud system for a bank
Solidity's partnership with an international commercial bank, one of the ten largest in Ukraine, was critical to ensuring security and reducing the risk of fraud. The task was to implement an anti-fraud system for a new online banking platform that would serve nearly 1 million users.
Challenges. The bank faced several key challenges, including the lack of a unified data structure, the need to combine transactions for each customer (identity) and to ensure the system's 99.999% fault tolerance. There was also a need to protect against fraud, particularly social engineering.
Solution. The Solidity team implemented a robust architecture that guaranteed continuous operation even in the event of a data centre failure. The implemented system enabled a rapid response to new types of fraud, reducing the time to apply countermeasures from 5 days to 5 minutes.
Results. As a result of the implementation of the anti-fraud system, the fraud rate decreased by 70%, reputational risks decreased by 90%, and the bank was able to ensure the continuous and secure operation of the platform for almost one million users. This project demonstrated the effectiveness of using innovative technologies, such as IBM solutions for data protection and process automation.
- Implementation of the KYC policy
Another example of a successful technology implementation for one of Ukraine's leading banks is the implementation of a Know Your Customer (KYC) policy. This solution has enabled the bank to significantly reduce fraud risks and improve the efficiency of customer and partner verification.
Challenges. In the initial stages, the bank faced the problems of a lack of an effective monitoring system, un-updated counterparty data and a large amount of time spent on manual customer verification. In particular, the bank was experiencing financial losses due to non-performing loans as a result of poor verification at the initial customer identification stage.
Solution. Solidity created a single, regularly updated database containing information on all target groups. The introduction of automated business process orchestration systems and a scoring solution significantly accelerated the verification process. In addition, customised interfaces were developed to enable each area of the bank to work with the data as efficiently as possible.
Results. The implementation of the solution made it possible to increase the speed of customer verification by 20 times, reduce the number of non-performing loans by 20% and reduce fines from the National Bank of Ukraine by 30%. Thanks to the automation of processes, the number of employees involved has decreased, resulting in lower operating costs.
The successful implementation of such cases confirms that the use of IBM technologies and Solidity solutions is extremely useful for companies seeking to improve security, optimise operations and reduce the risk of fraud. These innovative solutions not only help to improve business processes, but also increase customer and regulatory confidence, which is crucial for the modern banking sector.
Measuring success: results and achievements
Key performance indicators that Solidity customers have achieved with IBM technologies include reduced process times, lower staff costs and increased responsiveness to market changes. These results confirm the importance of partnerships between companies, especially for those seeking rapid growth.
What trends in technology can affect business?
Technology trends that will impact Ukrainian businesses soon include process automation, the development of artificial intelligence, and the proliferation of cloud-based solutions. These changes are not only transforming business models but also contributing to significant cost savings, increased efficiency and improved customer service. The cooperation between Solidity and IBM plays an important role in this process, enabling Ukrainian enterprises to effectively implement innovative solutions to achieve their business goals.
Business process automation is one of the key trends transforming Ukrainian enterprises. The use of technologies such as IBM RPA (Robotic Process Automation) and API Connect enables the automation of routine tasks, reducing the need for human resources to perform simple operations. This allows companies to not only cut costs but also reduce the risk of errors, thereby increasing overall efficiency. Thanks to the cooperation between Solidity and IBM, Ukrainian companies can use these innovative technologies and adapt them to specific business needs and market conditions.
Another important technology trend is Artificial Intelligence (AI). AI-based solutions such as IBM Watson enable businesses to perform in-depth analyses of large amounts of data, helping them to make more informed decisions. By integrating Watson into solutions developed by Solidity, companies can effectively personalise customer service, automate request processing and create new data-driven services. This increases customer satisfaction and ultimately improves financial performance.
Cloud computing is also an important trend that is changing the business landscape in Ukraine. IBM Cloud and cloud solutions based on IBM allow companies to reduce IT infrastructure costs, as businesses pay only for the resources they use. This significantly reduces the cost of maintaining and upgrading their server capacity, allowing companies to focus on growing their core business. Together with Solidity, these solutions are integrated in a way that maximises efficiency and reduces the cost of managing IT infrastructure.
Another important area of focus is security and risk management, which is becoming increasingly important for businesses operating in a variety of industries. Solutions such as IBM SaferPayments for fraud detection and IBM OpenPages for risk management automation help reduce operational costs by automating critical business functions such as payment monitoring and compliance. In cooperation with Solidity, these tools are now available to Ukrainian companies, enabling them to effectively manage risks with minimal human resources.
As a result of the integration of IBM and Solidity solutions, Ukrainian enterprises receive comprehensive tools for automation, business process optimisation, security enhancement and analytics-based decision-making. These technologies help not only to reduce costs but also to increase the speed of adaptation to market changes, which is a critical factor for modern business.
The role of the Solidity and IBM partnership in the future of the market
The partnership between Solidity and IBM can play a key role in bringing cutting-edge technology to Ukraine, providing Ukrainian enterprises with access to innovative solutions that are changing the business and technology landscape. This partnership combines IBM's expertise in developing global technologies and recognised enterprise solutions with Solidity's deep understanding of the Ukrainian market and business needs.
Thanks to IBM, Ukrainian companies get access to high-tech solutions such as cloud platforms, process automation, analytics and AI solutions that have already proven their effectiveness globally. As IBM is a leader in many areas of technology, such as IBM Watson, IBM Cloud, IBM SaferPayments and IBM OpenPages, the partnership provides businesses with powerful tools to modernise and transform their operations. At the same time, Solidity brings valuable local experience and a deep understanding of the Ukrainian market, which allows us to tailor these solutions to the specific needs of Ukrainian businesses.
This partnership not only helps companies modernise their IT infrastructures and business processes but also significantly improves their competitiveness in the international market. The use of such solutions allows Ukrainian enterprises to increase efficiency, reduce costs, automate workflows and improve security, which is critical to attracting new customers and partners in the global market.
In addition, by partnering with IBM, Solidity will be able to leverage the company's global network of support and expertise, which will allow it to quickly implement innovative solutions in Ukrainian companies and bring them to a new level of technological development. This alliance will not only contribute to the development of businesses but will also help Ukraine become part of global technological trends.
Thus, the partnership between Solidity and IBM will become a powerful driver for the development of Ukrainian companies in the global market, providing them with access to advanced technologies and tools to adapt to the rapidly changing business environment.
Conclusion
Solidity's cooperation with IBM provides Ukrainian businesses with a unique opportunity to implement state-of-the-art technologies that will enable them to optimise business processes, reduce costs and increase efficiency. Through this partnership, Ukrainian businesses will gain access to world-class solutions, which is an important factor for growth and competitiveness in the global market. As an IBM Gold Partner, Solidity promotes innovation in Ukraine and provides businesses with the tools to grow and reach new heights.
Interested in learning more about IBM's advanced technologies? Contact the Solidity specialists at info@solidity.com.ua