1IBTC – Technology for Banking

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

2IBTC – Technology for Efficiency

Indian Banks’ Technology Consortium

Established by IDRBT to work with

Indian banks Academic institutions Industry bodies & Outstanding professionals

3IBTC – Technology for Customer Service

Indian Banks’ Technology Consortium Objectives

Impact Banking AdvancementDevelopment & 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.

4IBTC – Technology for Resolution

Pioneer New Technologies with PoC,

Focus on Collaborative Research in Technology Development &

Resolution of Shared Problems & Challenges in Banking Technology

Indian Banks’ Technology Consortium Charter

5IBTC – Technology for Research

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

6IBTC – Technology for Governance

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

7IBTC – Technology for Development

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)

8IBTC – Technology for Organization

Indian Banks’ Technology Consortium Organizational Structure

Advisory Council Members

Chief Operating Officer, IDRBTChief General Manager / General Manager

from the Banks presently working in the IT domain

General Manager, DIT, RBIGovernment RepresentativeAcademicians from top Technology /

Management institutions

9IBTC – Technology for Management

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Vendor Affiliates

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

Indian Banks’ Technology Consortium Organizational Structure

10IBTC - Technology for Advancement

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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

Faculty, IDRBT

11IBTC - Technology for Progress