David Awcock, CTO, Standard Chartered
Transcript of 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