Keynote Address: Dr. Sourav Dutta, ED – IT, IDBI Bank
BFSI Technology Conclave 2023 | DAY 2 | 29th April 2023 | Radisson Blu Hotel & Spa, Nashik
In this video:
Keynote Address: Dr Sourav Dutta, ED – IT, IDBI Bank
Topic: Accelerating Digital Transformation in Banking – Navigating Challenges & Seizing Opportunities
Key Highlights:
1) Legacy IT systems, silo syndrome, lack of standardisation, cyber security, talent shortage, and regulatory compliance remains the key challenges
2) Lack of a clear digital strategy can lead to failed digital transformation
3) Unified digital approach aligned with business needs is critical for digital transformation
4) Virtualization, AI/ML, Data Center and security enhancements are the current tech trends in BFSI
5) We need an organisation-wide tech architecture, that avoids duplications and unnecessary functionalities