Page 55 - ASR_Forewords
P. 55

Explore, Enable, Excel

        From the Director's Desktop...


        Happy New Year 2017!!!



               E organized the Banking Technology Excellence
        WAwards function at IDRBT on July 18, 2016.
        Dr. Raghuram Rajan, Governor, Reserve Bank of India
        graced the occasion and gave away the awards to the
        winning banks. Our publication “Banking Technology in
        India: Present Status and Future Trends” was released by
        theGovernor.

        We have been striving to make the publication very
        informative, by including invited articles from the top
        technology officials of banks, IBA and IIBF in addition to
        the report prepared by our knowledge partner using the
        data obtained as part of the awards process. The other
        important publication released during the awards      importanttopicsrelevanttobankingtechnologyandare
        function was the “Cyber Security Checklist” by        expectedtofillthegapintheskillsetinbankingindustry
        Shri R. Gandhi, Deputy Governor, Reserve Bank of India  fromthisyearonwards.
        and Chairman, IDRBT. We have been receiving feedback
        frombankersthatthechecklisthasbeenquiteuseful.        Blockchain Technology (BCT) is being looked closely by
                                                              academicians, governments and industry in view of its
        Taking a cue from the usefulness of the two forums,   ability to provide a distributed ledger platform, using
        IDRBT has been coordinating – CISOs Forum and CIOs    which several applications can be designed, developed
        Forum, the Institute has mooted the idea of forming a  and deployed. The Institute has been in the forefront in
        Forum for Analysts in Banks. Accordingly, a preliminary  not only studying the features of BCT, but also in its
        meeting was conducted on  November 16, 2016, wherein  adoption to Indian Banking and Financial Sector. In the
        important stakeholders from banks have participated.  process, the Institute has formed a Working Group to
        There has been general appreciation of the initiative of  prepare a White Paper detailing all aspects relating to
        the Institute to start a forum for Analysts. On the   BCT like concept, concerns, global experiences,
        occasion of the meeting, a publication of the Institute  applicable areas in the Indian scenario and Proof-of-
        titled “Digital Banking Framework” was released by the  Concept for a specific case. The White Paper is planned
        Chief  Guest, Dr. Rajeeva Karandikar, Director, Chennai  tobereleasedonJanuary5,2017.
        MathematicalInstitute.
                                                              It is the day on which the International Conference on
        The other important activities of the Institute included a  Distributed Computing and Networking (ICDCN) will be
        2-day Conference on Banking Technology for Members    inaugurated by Dr. Duvvuri Subbarao, Former Governor,
        of Boards of Banks and the 10-day international       Reserve  Bank of  India,  along with the release of the
                                                                                .
        programme on nformation S     ecurity organized in    WhitePaperonBCT TwoworkshopsonBCTareplanned
                        I
        collaboration with SUNY, Buffalo. The Annual  IDRBT    prior to and during the conference in collaboration with
        Doctoral Colloquium (IDC) has been growing as an      IIT,BombayandIBM.
        attractive event for doctoral students to show case their  Whatanexcitingwaytostartthenewyear!
                                                a
        high quality research work. There has been very good
        response from students of reputed institutes for the IDC  WishingyouallaveryHappyNewYear2017.
        organizedduringDecember8-9,2016.

        The Institute has commenced the one-year Post
        Graduate Diploma in Banking Technology (PGDBT)
        course from July 2016. The students are exposed to all
                                                                                           (Dr. A. S. Ramasastri)


                                                                                       Fast Forward | January 2017


          01
   50   51   52   53   54   55   56   57   58   59   60