BFSI CTO Summit – Panel Dicussion – Technology for Secure and Safe Banking
Ganesh Kumar, Chief General Manager – IT, Reserve Bank of India
“As a regulator, RBI has to ensure that the depositor’s money is safe, is kept in a protective manner and that it is available to the depositor whenever he wants. That holds true for the market service participants as well. A lot of support is given by the RBI to see that ultimately the customers get comfort.”
Bharat Panchal, Head Risk Management and CISO, National Payments Corporation of India
“How good customer education we are giving, how good controls we are putting in our system, that is what is going to make a difference together. It is not something which we can outsource”
Sankarson Banerjee, Chief Technoology Officer, National Stock Exchange
“Things that happen a lot, that are easy to monitor, easy to fix, but happen quite frequently. We must make sure that those doors are closed and not getting distracted by the fancy stuff. There is no point of having a biometric front door when your back door is open.”
Kersi Tavadia, Chief Technoology Officer, Bombay Stock Exchange
“We have fairly been successful in the stock exchange because we have tried to fix our own problems. It is very important that you know your own problem.”
Rajesh Shet, VP & Business Head – BFSI, Manipal Technologies Limited
“Manipal technologies has been associated with the banks for more than seven decades. Over the years we have been handling sensitive data related to end customers related to banks. We have a larger responsibility securing the data that belongs to our customers.”
Prasun Srivastava, Head of Sales Engineering – India & SAARC, Identity & Data Protection, Gemalto
“If you look at the current ecosystem in India, even with the new trade initiatives coming out of the RBI, we are really innovating in a very fast manner as compared to other regions. It’s been accepted globally. It was something that was unexpected of a country like India but now they have taken notice.”
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