India has sprung into the era of innovation in financial services by adopting the latest technology and business restructuring through consolidations. Today the digital environment has swayed the financial sector to reorganize their operations to be in competitive forefront. Digital technologies are developing at an unprecedented rate, and so is the customer adoption rate. Emergence of payment solutions, artificial intelligence and big data are the causal technological disruptions in building the bedrock architecture of sustainable financial service industry. In sync with this the uprising initiatives of small finance banks, payment banks and mergers have led to a revolutionary transformation in the financial industry. Besieged with multiple technological innovations and structural changes in the financial sector, here we at SSBF intent to host deliberations on “Decoding the landscape of BFSI” on Saturday, 09 th December, 2017
1. Financial Ecosystem in Digital Era (Theme for First Half)
Over the decades banks have been leveraging the Fintech players for addressing the increased customer demands on one hand and driving down the cost of financial intermediation on the other hand. India is becoming a digital economy at a fast pace. Financial players can leverage these platforms to experiment new business models in an attempt to increase revenue margins. The discussions aims to deliberate on digital advancements in the BFSI sector for enhancing business propositions.
2. Growth through Innovations (Theme for Second Half)
Changing customer demographics and expectations are driving the need for disruptive innovation in the financial sector. Value creation realized through acquisitions, mergers, new markets and new product offerings are likely to be short lived. Manifesting disruptive environment through technology and collaborations will define the success and sustainability of the financial system. The panel would comprise of veterans from diverse facets of the financial system to discuss on the changing business models, financial service design and delivery.
SSBF endeavors to empower its students in building resilient base in their domain and to be an asset for the corporates they join. The institute also initiates in nurturing relationship with the corporate entities for knowledge sharing. In this parlance, we propose to host this Symposium to bring together learned deliberations by eminent personalities and practitioners from the diverse sectors of finance. This event is an ideal platform for understanding the current developments in the finance world.
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