How to Cost-Efficiently Scale a Platform Used by 50% of Uzbekistan’s Banks

Fintech Uzbekistan

Client

OZPLANET LLC, developer of a digital factoring platform in Uzbekistan.

Objective

Ensure IT infrastructure reliability while optimizing maintenance costs.

Results

Personal and banking data storage compliant with the laws of Uzbekistan

Stable Fintech platform operation on dedicated servers

Optimized IT infrastructure costs

Client Profile

OZPLANET LLC has been operating in Uzbekistan since 2022. As an IT Park resident, it developing and operating OZ PLANET, the first digital factoring platform and B2B digital services provider. The platform handles a complete factoring cycle, from application review through supplier financing to final debtor repayment. It enables businesses to securely obtain online factoring financing from Uzbekistan’s leading banks.

OZ PLANET uses the SaaS model, providing banks with a complete digital factoring solution. The fintech company provides banks with digital infrastructure, helps develop internal regulatory documentation, and trains bank staff in digital factoring operations. OZPLANET also assists banks with customer acquisition and provides ongoing customer support throughout digital factoring implementation. Thus, OZPLANET LLC enables banks to launch digital factoring and set up their processes for this new financial product.

OZPLANET LLC stores large volumes of confidential information, including bank customers’ personal data. In addition, the company needs its digital factoring platform to operate seamlessly without slowing down transactions between banks and legal entities. For OZPLANET, meeting the Uzbekistan’s regulatory requirements by its IT infrastructure while maintaining high performance is critical.

50%
banks of Uzbekistan are connected to OZ PLANET
80%
of the country’s banking assets are OZ PLANET factors
1000+
active users on the OZ PLANET digital platform
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Why OZPLANET Chose Servercore

Faced with expanding business operations, growing amount of data, and increasing strain on its on-premises infrastructure, Air Samarkand decided to migrate a part of its IT infrastructure from its own server room to a cloud provider. The airline had stringent data security and processing requirements due to the nature of the industry. Additionally, the company’s services required architectural enhancements before migrating to cloud computing.

Air Samarkand carefully approached the selection of a cloud provider and reviewed numerous offerings available in the Uzbek market. However, few contractors met the requirements for implementing the company’s projects. As a result, the airline decided to seek recommendations from industry peers. At an IT event dedicated to cybersecurity, attendees suggested reaching out to Servercore.

The key factors of choosing Servercore included:

compliance with Uzbekistan’s personal data storage laws,
PCI DSS certification for secure banking data storage,
100% dedicated server uptime SLA,
convenient unified control panel for resource management,
transparent billing and payment monitoring,
IT infrastructure cost optimization opportunities.
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«Our team brings extensive experience in digital banking projects, and we set high IT infrastructure standards from the start when creating the OZ PLANET digital platform. We chose to deploy our product on Servercore’s servers, based on positive experiences from previous collaborations. We particularly appreciate the provider’s user-friendly interface and transparent pricing structure. Servercore’s competitive pricing was an additional benefit».

Alexander Bogdanov
Alexander Bogdanov
CEO of OZPLANET LLC

Key Client’s Objectives

Store personal and banking data in compliance with the laws of Uzbekistan
OZPLANET handles bank customers’ personal data. The company prioritizes working with providers whose facilities are physically located in Uzbekistan. The IT infrastructure provider’s data centers must also comply with LRU-547 and PCI DSS standards.
Scale the digital factoring platform on reliable servers
The OZ PLANET platform handles numerous users conducting real-time factoring transactions daily. OZPLANET prioritizes enabling smooth, uninterrupted transactions between banks and legal entities. Consequently, the company’s infrastructure must ensure high reliability and fault tolerance.
Optimize IT infrastructure costs
Scaling server capacity involves significant resource expenses. OZPLANET sought solutions to optimize IT infrastructure costs while maintaining transparent cost management.

Solution

OZPLANET Requirements
Servercore Solution
Maintain personal data and banking confidential information in compliance with the laws of Uzbekistan
Provided resources in a local data center with PCI DSS 4.0.1 certification
Scale the digital factoring platform, using reliable servers
Delivered 100% SLA for dedicated servers with rapid IT system response
Optimize IT infrastructure costs
Offered competitive pricing with transparent panel billing
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Results and Future Plans

OZPLANET LLC successfully deployed their IT infrastructure on Servercore’s dedicated servers in 2 months. Instantly available physical servers with the required configuration played a key role in scaling and enhancing performance of the OZ PLANET. These ensured high responsiveness of the IT systems and stable uninterrupted operation of the digital factoring platform.

Servercore enabled OZPLANET to optimize server cost thanks to the provider’s competitive pricing. The fintech team also appreciates the intuitive resource management dashboard and transparent cost monitoring system.

The fintech company currently plans to expand its product portfolio. These new initiatives will require increased computing capacity. OZPLANET intends to use Servercore’s IT infrastructure for implementation of its future projects.