BFSI CTO Summit – Panel Discussion – Leveraging Cloud and Datacenter for business benefits for banks and other Financial Services Providers.
Sanjay Narkar, Chief Technology Officer, IDFC Bank
“It is a description which probably happened few years back. Now it is becoming a need of the hour for us to think really positively about the Cloud and I think BFSI sector as such has taken lead in doing this.”
Anup Purohit, Chief Information Officer, Yes Bank
“YES Bank is pretty aggressive in technology and implemented its entire YES money on cloud. It’s been eight years. The thought process was very clear in terms of where we will put the data, data has to be within the country and not going outside. So that we can show RBI all the servers.”
K P Saha, Managing Director, Senrysa Technologies
“The infrastructure that we have build in the banks is only for the 5% of population. So there has to be 100x of the infrastructure. Today we have to be fully ready to move in to the Cloud and I think there is no other option”
Chandra Sankholkar, General Manager – West, Amazon Web Services
“The advantages of the Cloud are far more superseding any challenges that you have to say. In the fullness of the time,IT is going to be characterised by web services that we serve and deploy from the Cloud purely on a demand basis.”
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