David Awcock, CTO, Standard Chartered

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1 NASSCOM India Leadership Forum 2009 David Awcock Group Head of Technology 12 February 2009 Will BFSI Continue To Bank On IT?

Transcript of David Awcock, CTO, Standard Chartered

Page 1: David Awcock, CTO, Standard Chartered

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NASSCOM India Leadership Forum 2009

David AwcockGroup Head of Technology

12 February 2009

Will BFSI Continue To Bank On IT?

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The Face of Banking has Changed – Forever?

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SCB: Direction and Focus 2009

Trust

CustomerBanking Basics

Adaptability &Flexibility

Cost Management

Opportunity

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CUSTOMER : CRM, Business Intelligence, Analytics,Internet/Mobile exploitation & eStatements,

TRUST : Stability, Performance, Risk Management, Monitoring, Information Security, Underwriting, KYC, AML &Basel

SCB Focus 2009 : Technology Response

BANKING BASICS : Standardisation, Simplification, Standard Operating Model, STP

COST : Server Consolidation, Storage Reclamation,Virtualisation & Network Rationalisation

FLEXIBILITY/ADAPTABILITY : Flexible working, Agile enterprise, Collaboration, Open Source & Reuse

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SCB: Multi – Sourcing Strategy

CapabilityArbitrage

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In summary