The past decade has been a transformational one for business environment and among the many drivers of this transformational change, the most important development has been technology. The Indian banking and financial services industry has seen transformational changes in how banks are being run from the technological perspective. Over the last few months, digital technologies including mobile, analytics, big data, social and cloud have reached a tipping point with business executives. Chief Information Officers have no choice but to increase technology's potential in the enterprise.
Information technology has become "mission-critical" for many organizations. In today's business environment, IT is a fundamental and growing component of day-to-day business operations and represents a significant area of investment for many companies. In recent years, the role of IT has been changing and, in some cases, radically. Rather than being seen merely as a utility, the function is increasingly expected to come up with innovative business improvements as business innovation has become a critical survival quotient for many firms today. Information technology powers the rapid pace of innovation by all businesses around us. Some technological innovations have had such a significant impact that they have transformed the business models of banks & financial institutions.
Technology is no longer just about faster transactions, it is also about working smarter.
Senior decision makers with job titles including :
If a Financial Institution does not command the trust of its customers & the wider population, it is nothing. An essential foundation of that trust is a dependable & secure IT system. IT is an important lever in improving internal organization effectiveness and not just delivering customer benefits. In fact, a misalignment will result in deficiency in delivering customer benefits.
Adopting newer technologies for application implementation, enhancements or improvements, which result in a satisfactory response to customer needs, has become the driving force for the IT team within banks and financial institutions.
IT should better understand the needs of the leadership team, continuously work on delivering customer benefits and help the organization gain a competitive edge.
Accelerate the networking and deal - making process by taking pre - arranged business meetings with fellow delegates and leading solution providers at the 9th Edition of BFSI Smart Tech Summit 2019.
At a time when every decision counts, you can't afford to miss this event focused on your top priorities….
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Star Union Dai-ichi Life Insurance Co. Ltd.
SBI Mutual Fund
Indiabulls Housing Finance Ltd.
DHFL Pramerica Life Insurance Co. Ltd.
State Bank of India
Jana Small Finance Bank
ACKO General Insurance Ltd.
Edelweiss General Insurance Co. Ltd.
IDBI Federal Life Insurance Co. Ltd.
BOB Financial Solutions Ltd.
Clix Capital Services Pvt Ltd.