20th February 2025, Kuala Lumpur – eConfirm, the industry-leading electronic bank confirmation platform, is pleased to announce the signing of a Collaboration Agreement with the Chamber of Auditors of Uzbekistan (CAU) and Infinite Finance & Advisory, LLC. This agreement marks a significant milestone in the digitalisation of audit confirmation processes in Uzbekistan, reinforcing eConfirm’s commitment to advancing financial transparency and efficiency in the region.
Under this strategic partnership, eConfirm, in collaboration with CAU and Infinite Finance & Advisory, will facilitate the seamless rollout of the eConfirm platform in Uzbekistan. This initiative is developed as an integral first step to digitalising the audit confirmation process across multiple regions, ensuring a secure, standardised, and efficient solution for auditors and financial institutions.
The adoption of eConfirm aligns with their vision of enhancing the audit landscape in Uzbekistan through digital innovation. This partnership will provide auditors and financial institutions with a reliable, automated, and secure method for audit confirmations.
Infinite Finance & Advisory, LLC, as the local implementation partner, will play a key role in driving the platform’s adoption among audit firms and banks in Uzbekistan. Infinite Finance stated that they are excited to work alongside eConfirm and CAU to introduce this cutting-edge solution to Uzbekistan’s financial sector. The eConfirm platform will significantly enhance operational efficiency and mitigate risks associated with traditional audit confirmation processes.
Mr. Calvert Wong, Executive Director of AppAsia, added that their collaboration with CAU and Infinite Finance & Advisory is a testament to their commitment to expanding eConfirm’s reach globally. Uzbekistan represents a vital market for them, and they look forward to working closely with their partners to ensure a successful rollout.
The implementation of eConfirm in Uzbekistan is expected to bring substantial benefits to auditors, banks, and financial institutions, reducing fraud risks and increasing audit process efficiency. This collaboration marks another step forward in eConfirm’s mission to revolutionise audit confirmations across diverse financial landscapes.
About eConfirm
eConfirm is a leading electronic bank confirmation platform designed to streamline and secure audit confirmation processes. Trusted by financial institutions and audit firms worldwide, eConfirm enhances transparency, security, and operational efficiency in financial reporting.
For more information, visit https://econfirm.global/
About the Chamber of Auditors of Uzbekistan (CAU)
The Chamber of Auditors of Uzbekistan was formally established on August 9, 2000, by the Ministry of Justice of the Republic of Uzbekistan as a voluntary membership organisation. As a professional body,
CAU develops training programs for auditors, contributes to relevant legislative acts, establishes auditor training centers, creates guidance materials, conducts quality assurance (QA) reviews of its members, oversees professional conduct, and organizes conferences and seminars on accounting matters. Additionally, ChAUz plays a key role in developing and promoting the Code of Professional Ethics for auditors and is an Associate of IFAC.
For more information, visit https://uzaudit.uz/en/home/
About Infinite Finance & Advisory, LLC
Infinite Finance & Advisory, LLC is a premier financial consulting firm in Uzbekistan, specialising in advisory services for audit, finance, and business transformation initiatives.