Indian Banks

1
Indian Banks Technology Consortium

• (IBTC)
• Launched by
• Dr. D. Subbarao
• Governor
• Reserve Bank of India

2
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

3
Indian Banks Technology Consortium

• Established by IDRBT to work with
• Indian banks
• Academic institutions
• Industry bodies
• Outstanding professionals

4
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.

5

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

6
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

7
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

8
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)

9
Indian Banks Technology Consortium
Organizational Structure

• 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

10
I
Indian Banks Technology Consortium
Organizational Structure

• Vendor Affiliates
• Representatives from the Industry / Vendor
  affiliates will be nominated by the Executive
  Board for a project on a case to case basis.

11
I
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