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Smart Tech advances data management projects with Azerbaijan’s Central Bank

GenevaTimes by GenevaTimes
June 24, 2025
in Europe
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Smart Tech advances data management projects with Azerbaijan’s Central Bank

BAKU, Azerbaijan, June 25.​ The Turkish company
Smart Tech has set new goals while working on two data management
projects in cooperation with the Central Bank of Azerbaijan (CBA),
Nuri Çelikboy, a member of the Supervisory Board and Vice President
of Sales at the company, told Trend.

Speaking on the sidelines of the FINTEX SUMMIT 2025 – Finance
and Technologies Exhibition in Baku, Çelikboy noted that this is
Smart Tech’s second participation in the Fintech Summit and that
the company is already active in Azerbaijan, collaborating with
several local banks.

“We focus primarily on data and analytics. Our headquarters are
in Istanbul, with a consultancy team of 100 professionals and over
200 reference projects.

The Azerbaijani market is very important to us, and we look
forward to expanding cooperation, especially in the financial and
insurance sectors,” he said.




Emphasizing their primary strategic initiative, Çelikboy
articulated that the transference of accrued competencies from
Türkiye to Azerbaijani enterprises constitutes a pivotal focus.

“We are undertaking substantial initiatives in analytics-centric
governance.” This fiscal year, these initiatives have ascended to
paramount significance within the geopolitical landscape of
Azerbaijan. All financial entities and banking institutions are
keen to operationalize these initiatives, and we aim to facilitate
this paradigm shift with our innovative solutions,” he added.

Çelikboy also disclosed that Smart Tech is engaging in synergistic
collaboration with the Central Bank of Azerbaijan, with dialogues
currently in progress regarding two initiatives.

“Should we secure the opportunity to engage in these initiatives,
we would be exceedingly gratified.” At this juncture, it is
premature to divulge specifics; however, I can confirm that the
emphasis will be on data governance, analytics, and the formulation
of comprehensive reports for executive leadership. We anticipate
the imminent realization of these initiatives,” he concluded.

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