Case Study: DM Solutions & UGB — Creating a Unified Address System
The collaboration between DM Solutions and UGB (rebranded Ukrgasbank) is a strong example of implementing advanced technologies in the banking sector, emphasizing the value of innovation for Ukraine’s financial market.
Solution & Implementation:
DM Solutions delivered an integrated solution, including:
- GeoData.Online API integration for automated address validation and updates during client data entry.
- DB Cleaner to cleanse and standardize addresses of individuals, legal entities, and collateral assets already in UGB’s databases.
- Ukrainian Address Directory and Daily Monitoring of Combat or Occupied Territories (ZVVR) to help the bank react promptly to changes critical for risk management.
Results:
Thanks to DB Cleaner, UGB improved client data accuracy, cut communication costs, and reduced data processing time. Real-time address updates via GeoData.Online have enhanced operational efficiency.
UGB is also considering further implementation of the Ukrainian Address Directory and ZVVR Monitoring to stay agile and compliant.
About UGB:
UGB is a state-owned bank supporting SMEs and leading sustainable financing in Ukraine. It focuses on green lending and digital innovation, making accurate address data management a strategic priority for risk reduction and operational success.
About DM Solutions:
For over 13 years, DM Solutions has been developing solutions for address data cleansing and verification. Its products are trusted by major financial institutions and government bodies, playing a key role in Ukraine’s digital transformation.