TRANSFORMING INDIA’S ECONOMY
The pioneering role of the BFSI sector
In the heart of India’s economic evolution, the Banking, Financial Services, and Insurance (BFSI) sector emerges as a pivotal force, propelling the nation toward its visionary goal of becoming a $10 trillion economy by 2035. As the backbone of economic activity, the BFSI sector stands at the forefront of technological innovation, embracing cutting-edge technologies such as Artificial Intelligence (AI), Robotic Process Automation (RPA), and Blockchain to redefine financial services.
With a legacy of technological leadership, the sector continues to lead by example. AI is revolutionizing banking with hyper-personalized services and instant loan approvals, while insurance firms harness it to streamline claims settlement and combat fraud. A recent PwC-FICCI survey highlights India’s banking sector as a global leader in AI adoption, setting a benchmark for innovation.
India’s fintech landscape is equally vibrant, hosting over 2,000 esteemed companies and poised for exponential growth. With a projected market size of USD 143 billion by 2028, fueled by a 17.1% CAGR, the fintech sector is at the cusp of transforming the financial landscape, supported by governmental initiatives and an influx of dynamic startups.
The rise of digital-only banks and the adoption of cloud computing, alongside advancements in AI, Machine Learning, and RPA, reflect the sector’ sagility in adopting technological solutions. Furthermore, the widespread acceptance of digital payments, expected to reach $1 trillion by FY2026, signifies a monumental shift in consumer behavior, making digital transactions ubiquitous across India.
In recognition of this transformative era in BFSI, Express Computer proudly presents the BFSI Technology Conclave.This premier event will convene the brightest minds and leading influencers in the sector, showcasing insights and strategies that will shape the future of India’s economy. Join us in navigating the digital revolution of the BFSI sector, where innovation meets opportunity.
Key Topics:
+ Lessons and perspectives from transformational digital leaders
+ Taking customer service to the next level with AI
+ Outsourcing – Why it makes sense to outsource to specialists or Managed Service Providers
+ Understanding the increasing relevance and preference for Cloud in the BFSI industry
+ Using RPA for improving productivity and automating some of the most complex tasks
+ Leveraging As-a-Service models from specialist data center providers (HPC as a Service, AI as a Service, Managed security as a Service, DR as a Service etc)
+ Building resiliency – Best practices from disaster recovery principles and strategies and usage of emerging technologies: DRaaS, CDP (Continuous Data Protection) etc. for ensuring better business continuity
+ Enterprise Security: How to proactively protect your company in the digital era (Zero Trust frameworks, Protection against ransomware attacks, protecting the remote workforce etc)
For more information: visit https://bfsi.expresscomputer.in/