Mumbai, 3rd October, 2024
The 5th Annual BFSI Technology Excellence Awards 2024, held in Mumbai, served as a pivotal event highlighting the significant impact of emerging technologies and AI within the Banking, Financial Services, and Insurance (BFSI) sector. This occasion offered a platform to acknowledge and celebrate ground-breaking contributions showcased during its multicity roadshow, which highlighted innovative technologies and best practices implemented by organizations in the BFSI. Attracting attendees from various sectors, the awards ceremony highlighted exemplary initiatives and forward-thinking strategies that are reshaping the BFSI industry. The event underscored the importance of innovation in enhancing customer experience, streamlining operations, and driving digital transformation across financial institutions.
The event provided participants with a remarkable opportunity to engage with over 20 distinguished speakers, each offering unique insights and expertise. Moreover, attendees had the chance to connect with more than 60 award-winning organizations from across the nation, fostering valuable networking opportunities and enabling learning from accomplished leaders in their respective fields.
Distinguished experts and thought leaders gathered for illuminating panel discussions on Digital Transformation in BFSI and Harnessing AI for Future-Ready Banking. These discussions explored the impact of these critical topics on tech leaders and provided attendees with profound insights into the transformative potential of these technologies in shaping business operations and strategic decision-making. The depth and relevance of the conversations left a lasting impact on participants from diverse backgrounds.
Panel 1: Digital Transformation in BFSI: Achieving Success amidst Continuous Digital Advancements
Expert Moderator of the Panel:
- Suman Saurav: CTO, Arka Fincap
Esteemed Panel Speakers:
- Satyendra Biswas: CISO & VP, Yes Securities India Limited
- Prashant Thakkar: Chief of Operations & Technology Officer, LIC Mutual Fund
- Sudheer Muvva: CTO, Suryoday Small Finance Bank
- Tarun Pandey: CTO, Aditya Birla Health Insurance
- Ananth Subramanian: Sr.EVP and Head IT, Kotak Mahindra Asset Mgt. Co. Ltd.
- Bhushan Sonkusare: President and CTO, Group-wide Digital Platforms and Technology Engineering, 360 ONE
Panel 2: Reshaping Banking Experiences: Harnessing AI for Future-Ready Banking
Expert Moderator of the Panel:
- Nishant Pradhan: Chief AI Officer, Mirae Asset Global Investments
Esteemed Panel Speakers:
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- Mahesh Ramamoorthy: CIO, YES Bank
- Indraneel Pandit : CDO, Federal Bank
- Onil Nunes: CIO, Bassein Catholic Co-Operative Bank
- Avinash Yadav: CTO, IIFL Samasta Finance Limited
Panel 3: The Digital Experience Horizon: Navigating New Possibilities across all touch points
Expert Moderator of the Panel:
- Arindam Ghosh: CTO and Head of Corporate Strategy & Digital, Star Union Dai-ichi Life Insurance Co. Ltd
Esteemed Panel Speakers:
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- Rajesh Choudhary: CIO, CSB Bank
- Abhijit Dey: VP – API Banking, Axis Bank
- Anshula Verma: VP – Digital Banking & Retail Liability Products, SBM Bank (India)
- Ram Jayaraman: CTO, Aditya Birla Finance Limited
- Yogesh Garg: Chief Digital Officer, Kotak Mahindra Bank
- Manoj Chawla: CIO, Wisdom Finserv
- Harish Shashidhar: ED & Head Digital Banking, Consumer Banking Group, DBS Bank
The 5th Annual BFSI Technology Excellence Awards 2024 celebrated the unwavering dedication and ingenuity of technology professionals driving digital transformation within the BFSI sector. This prestigious event highlighted how businesses in banking, financial services, and insurance are leveraging cutting-edge technologies to gain a competitive edge. This celebration of excellence honoured visionary leaders who are redefining the BFSI landscape and shaping the future of the industry through innovation and technological advancements.
Companies which won at the 5th Annual BFSI Technology Excellence Awards 2024:
• Best Digital Transformation Initiative (Asset Management): ITI Asset Management Limited• Best Technology Implementation in Risk Management (Commodity Exchange): Multi Commodity Exchange Clearing Corporation Ltd.
• Innovative use of AI (Lending Finance): Arka Fincap Limited
• Best use of Technology to Enhance Customer Experience (Wealth Management) : 360 ONE
• Best Technology Implementation in Risk Management (General Insurance): TATA AIG General Insurance
• Best Digital Transformation Initiative to Enhance Customer Experience (Lending Finance) : AEON CREDIT SERVICE INDIA PRIVATE LIMITED
• Best Security-focused Digital Transformation Initiative (Microfinance): Muthoot Microfin Limited
• Best Technology Implementation in Risk Management (Private Sector Bank): The Karur Vysya Bank Limited
• Best Digital Transformation Initiative (Investment Management): Shriram Finance Ltd.
• Best use of Technology to Enhance Customer Experience (Lending Finance): NeoGrowth Credit Pvt. Ltd
• Best Mobile Application (Life Insurance): ICICI Prudential Life Insurance
• Best Digital Transformation Initiative in Customer Experience (Small Finance Bank): Equitas Small Finance Bank
• Best User-Friendly Technology Project (Microfinance): Svasti Microfinance Private Limited
• Best Digital Transformation Initiative (Digital lending): Ashv Finance Limited
• Best Technology Implementation in Risk Management (InsurTech): Symbo Insurance
• Best Digital Transformation Initiative (Life Insurance): Kotak Mahindra Life Insurance Co. Ltd.
• Best Digital Transformation Initiative (Auto-Finance): Tata Motors Finance
• Best in Robotic Process Automation Implementation (Private Sector Bank): THE FEDERAL BANK LIMITED
• Best Digital Transformation Initiative (Payments Bank): Fino Payments Bank
• Best use of Data Analytics (Commodity Exchange): NCDEX
• Best Digital Transformation Initiative (Microfinance): Svamaan Financial Services Pvt. Ltd.
• Innovative use of AI in Process Automation (General Insurance): Universal Sompo General Insurance Co. Ltd.
• Excellence in CI/CD Implementation and Automation (Small Finance Bank): AU Small Finance Bank
• Innovative use of AI (MSME Lending Finance): Kinara Capital
• Best Digital Transformation Initiative in Customer Experience (Life Insurance): Bharti AXA Life Insurance
• Best Team Project in Cloud Implementation (Co-operative Bank): Bassein Catholic Co-Operative Bank Ltd.
• Innovative use of AI (General Insurance): IFFCO Tokio General Insurance Company Limited
• Best Digital Transformation Initiative (Lending Finance): Fedbank Financial Service Ltd.
• Best Technology Innovation for Operational Efficiency (Microfinance): Satin Creditcare Network Ltd.
• Technology Excellence in IT Cost Control Management (General Insurance): Zuno General Insurance Limited
• Best use of Data Analytics (Co-operative Bank): The Cosmos Co-operative Bank Ltd.
• Innovative Use of Technology to Enhance Customer Experience (Banking): Bank of India
• Best Digital Transformation Initiative (Stock Broking): Stock Holding Corporation of India Limited
• Best Digital Transformation Initiative (Small Finance Bank): Ujjivan Small Finance Bank
• Best Team Project in Cloud Migration (Stock Broking): Religare Broking Ltd.
• Best Digital Transformation Initiative (Public Sector Bank): CANARA BANK
• Best Digital Transformation Initiative (Co-operative Bank): TJSB SAHAKARI BANK LTD.
• Best Digital Transformation Initiative (Wealth Management): ANAND RATHI SHARES & STOCK BROKERS LTD.
• Best use of Data Analytics (Capital Markets): Kotak Securities Limited
• Best Digital Transformation Initiative (Private Sector Bank): Karnataka Bank
• Best Use of Technology for Best Customer Experience (Life Insurance): IndiaFirst Life Insurance Company
• Best Team Project in Cloud Implementation (Public Sector Bank): INDIAN BANK
• Innovative use of AI in User Experience (General Insurance): HDFC ERGO General Insurance Company Limited
• Digital Transformation Leader of the Year (Investment Broking): DAM Capital Advisors Limited
• Best Technology Implementation in Risk Management (MSME Lending Finance): UGRO Capital
• Innovative use of AI (Asset Management): DSP Asset Managers
• Best Digital Transformation Initiative (MSME Lending): Arthan Finance
• Technology Team in 360° Innovation (Banking): CSB BANK
• Technology Team in 360° Innovation (MSME Lending Finance): APAC Financial Services Private Limited
• Excellence in Open API Integration (Stock Broking): Bajaj Broking
Individual Who Won at the 5th Annual BFSI Technology Excellence Awards 2024
• Technology Leader of the Year (Asset Management): Abhijit Shah (Nippon Life India Asset Management Ltd.)• Emerging Technology Leader of the Year (Housing Finance): Pankaj Kumar (CENT BANK HOME FINANCE LTD.)
Prestigious Partners for the Event:
Exhibit Partners: Cashfree Payments, rapyder, IDC Technologies, Innspark, BOTm | AQM
The 5th Annual BFSI Technology Excellence Awards 2024 not only celebrated remarkable achievements but also fostered invaluable connections among professionals dedicated to revolutionizing the BFSI sector. Attendees gained deep insights into leveraging emerging technologies to enhance business processes, improve customer experience, and drive innovation within the financial services industry. Get ready for another inspiring event that will elevate the conversation around technology and its transformative potential in the BFSI sector!
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