Bengaluru, March 06, 2016: The award is a result of a rigorous process where a jury of 28 leading CXO’s and consultants of BFSI industry evaluated and judged the technology innovations. Some of the distinguished jury members included Sunder Krishnan, Chief Risk Officer, Reliance Life Insurance, Sameer Jaini, CTO, DCB Bank, M.K. Madhavan, CTO, IndusInd Bank and Dennis Thomas, KPMG.
The 23 most promising innovations were honoured with Technoviti Awards based on innovation and benefits to the stakeholders.
At its core BFSI is a location based business. Location data is pervasive across all departments. By understanding the location of customers and their transactions, a bank can better manage its branch networks and merchants and understand the competition and regulators. It helps banks to reach out to distant customer, decongest a branch, take right decisions in terms of branch and ATM placement, enables market comparison vis-s vis performance, plan rural marketing better. It is helping insurance organisations in collection tracking, claim monitoring, and risk assessments.
Enterprise GIS from Esri India is a mapping platform for the organisations for organising & managing the geographic context of their assets and resources. It is used for creating and using maps; compiling geographic data; analyzing mapped information; sharing and discovering geographic information; using maps and geographic information in a range of applications; and managing geographic information in a database. The system provides an infrastructure for making maps and geographic information available throughout an organization, across a community, and openly on the Web. The Platform is designed to run infrastructure, either on-premises or in virtualized environments. It can be configured to work within the existing IT infrastructure and integrate with the enterprise security systems.
Technoviti is a unique platform that helps the BFSI fraternity to understand the technology innovations that would be future game changers. This year’s theme was “TECHNOVITI 2016 –FUTURECRAFTING BUSINESS WITH TECHNORUPTIONS”.
Corporate Comm India (CCI Newswire)