Teachers
M.Tech (IT) 2013-15
First Semester – July to November 2013
Banking Technology
Course Faculty – Shri M.V. Sivakumaran
(mvsivakumaran@idrbt.ac.in)
1. Perspective
Banking Technology gives an overall understanding of various banking technologies, and the trends and issues involved.
2. Purpose
The objective of this course is to provide a strong foundation in banking technology to students aspiring to become tomorrow’s technology managers in Banks and Financial Institutions. The course is designed to acquaint students with the developments, which led to and are furthering the cause of technology in Banks. Apart from tracing the evolution of Banking Technology, this course will describe today’s as well as tomorrow’s banking technologies. Ultimately, it will enable the student to envision the current and future requirements and architecture of banks and accordingly develop roadmap and strategies. It will help students appreciate the fact that technology cannot be viewed in isolation. This will be a useful step in integrating the technology and business goals of banks.
2.1 Scope of the Course
* Describe the evolution of Banking Technology and the impact of reforms process * Discuss the opportunities and issues in Centralised Banking * Describe and evaluate the electronic delivery channels, their operations and growth * Envision integration of the various electronic delivery channels * Study the growth of electronic and smart cards, their current status and future possibilities * Learn the intricacies of back-office operations * Discuss Business Continuity and Disaster Recovery and their necessity for Banks * Understand the criticality of Risk Management, particularly in light of Basel * Evolution and growth of Interbank Payment Systems and their role in future of banking
2.2 Objectives
To generate an understanding of the critical need for Technology in Banks To inculcate among students a sound
First Semester – July to November 2013
Banking Technology
Course Faculty – Shri M.V. Sivakumaran
(mvsivakumaran@idrbt.ac.in)
1. Perspective
Banking Technology gives an overall understanding of various banking technologies, and the trends and issues involved.
2. Purpose
The objective of this course is to provide a strong foundation in banking technology to students aspiring to become tomorrow’s technology managers in Banks and Financial Institutions. The course is designed to acquaint students with the developments, which led to and are furthering the cause of technology in Banks. Apart from tracing the evolution of Banking Technology, this course will describe today’s as well as tomorrow’s banking technologies. Ultimately, it will enable the student to envision the current and future requirements and architecture of banks and accordingly develop roadmap and strategies. It will help students appreciate the fact that technology cannot be viewed in isolation. This will be a useful step in integrating the technology and business goals of banks.
2.1 Scope of the Course
* Describe the evolution of Banking Technology and the impact of reforms process * Discuss the opportunities and issues in Centralised Banking * Describe and evaluate the electronic delivery channels, their operations and growth * Envision integration of the various electronic delivery channels * Study the growth of electronic and smart cards, their current status and future possibilities * Learn the intricacies of back-office operations * Discuss Business Continuity and Disaster Recovery and their necessity for Banks * Understand the criticality of Risk Management, particularly in light of Basel * Evolution and growth of Interbank Payment Systems and their role in future of banking
2.2 Objectives
To generate an understanding of the critical need for Technology in Banks To inculcate among students a sound