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Indian Banks’ Technology Consortium. (IB T C) Launched by Dr. D. Subbarao Governor Reserve Bank of India. Indian Banks’ Technology Consortium.
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Indian Banks’ Technology Consortium (IBTC) Launched by Dr. D. Subbarao Governor Reserve Bank of India IBTC – Technology for Banking
Indian Banks’ Technology Consortium • RBI Working Group on Information Security, Electronic Banking, Technology Risk Management and Tackling Cyber Fraud recommended formation of Technology Consortium under the aegis of IDRBT IBTC – Technology for Efficiency
Indian Banks’ Technology Consortium • Established by IDRBT to work with • Indian banks • Academic institutions • Industry bodies & • Outstanding professionals IBTC – Technology for Customer Service
Indian Banks’ Technology Consortium Objectives • Impact Banking • Advancement • Development & • Practical application of technology • Develop and update standards in the use of technology and information security in banks • Improve customer service and advocate regulation / legislation. IBTC – Technology for Resolution
Indian Banks’ Technology Consortium Charter • Pioneer New Technologies with PoC, • Focus on Collaborative Research in Technology Development & • Resolution of Shared Problems & Challenges in Banking Technology IBTC – Technology for Research
Indian Banks’ Technology Consortium Proposed Activities • Discuss and research technology issues • Work collaboratively • Solve shared problems and challenges • Pioneer new technologies that benefit banks • Collaborative research projects • Technology development pilots • Proof-of-concept tests IBTC – Technology for Governance
Indian Banks’ Technology Consortium Advantages to members • Updating of current developments and trends • Promoting standards • Networking on shared technical challenges • Discussing the legal and regulatory dimension of complex technical issues facing the banking industry • Conducting studies affecting the industry as a whole • Address issues faced by banks collaboratively IBTC – Technology for Development
Indian Banks’ Technology Consortium Organizational Structure • Executive Board Members • Director, IDRBT • CEO / Chairman, IBA • Chairman / Executive Directors / Managing Directors / Deputy Managing Directors / Chief General Manager from Banks • Government Representative • Academician from top Technology / Management institutions • NASSCOM representative • Chief General Manager, DIT, RBI (Invitee) IBTC – Technology for Organization
Advisory Council Members • Chief Operating Officer, IDRBT • Chief General Manager / General Manager from the Banks presently working in the IT domain • General Manager, DIT, RBI • Government Representative • Academicians from top Technology / Management institutions Indian Banks’ Technology Consortium Organizational Structure IBTC – Technology for Management
Indian Banks’ Technology Consortium Organizational Structure I • Vendor Affiliates • Representatives from the Industry / Vendor affiliates will be nominated by the Executive Board for a project on a case to case basis. IBTC - Technology for Advancement
Indian Banks’ Technology Consortium Organizational Structure • Steering Committees Members • Chief Operating Officer, IDRBT • Senior Executives from the Banks presently working in the IT domain • General Manager / Deputy General Manager, DIT / Payment Systems, RBI • Academicians from IITs / Universities / Research Institutes • Faculty, IDRBT I IBTC - Technology for Progress