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Power-packed sessions highlight Day 2 of BFSI Technology Conclave

Glimpses of BFSI Tech Conclave's sessions held in Pune on 6th & 7th May 2022

The second day of the BFSI Technology Conclave organised on May 6-7, 2022 at Pune, witnessed a lot of hectic activities and proactive participation by the delegates. The day started with the much-awaited Fireside Chat with one of the most sought-after executives in the BFSI industry – Nitin Chug, Deputy Managing Director and Head of Digital Operation at the State Bank of India. The session was moderated by Srikanth RP, Editor, Express Computer, and The Indian Express Group.

Chug spoke candidly about his early days and how he spent time with researchers and academia. He shared his professional life experiences from his association with HCL and Modi Xerox. The delegates were attentively listening to the conversation as Chug stressed the need to be open to new opportunities along with the right decision-making abilities. Delegates were keenly following Chug’s recount of his life experiences, i.e., how the transition from branch banking and sales to the digital role in HDFC Bank. “The March of Mobile Money: The Future of Lifestyle Management Book by Mehul Desai and Sam Pitroda, was an eye-opener for me,” Chug, commented while replying to a question from the audience. He underlined the need for regular skill enhancement for executives at all levels and said, “While one always looks for courses to enhance one’s skills, on-job learnings are far better than training and certifications.”

Technical presentations by experts were one of the major attractions at the BFSI Technology Conclave on Day 2 too. After the Fireside Chat, Gunjan Issar, Regional Manager BFSI, Data Protection Solutions at Dell Technologies made a presentation on ‘Proven and Modern Architecture for Data Protection for BFSI Industry.’ During his presentation, he stressed the need to protect the data to gain confidence in business operations. While Issar spoke on the necessity to build robust infrastructure, he underscored that one should focus on outcomes and not on infrastructure. According to Issar, transparent snapshots simplify VM image backup delivering near-zero impacts on VMs… Isolation, Immutability, and Intelligence are key to cyber recovery. “Dell Technologies has got the ability to make value additions in its offering across the verticals,” Issar added.

After a detailed discussion around data protection, the next subject on which two experts from Juniper Networks made the presentation was “Leveraging AI to Enhance Experience in New Age Banking.” Rajesh Kumar, Technology Head, Enterprise & Government, India and SAARC at Juniper Network introduced Apstra which is an intent-based networking software to automate and validate the design, deployment, and operations of data centre networks in multi vendor environments. Kumar claimed that the software automates network deployment and operations through validated and repeatable designs, manages workflows easily, ensures enhanced network security, and implements network changes faster with change control and validation. “Today, the security perimeter is everywhere, as the application moves across. Security should be connected end-to-end, and can’t be placed in silos anymore,” Kumar opined. He also mentioned that digital transformation is all about client-to-cloud with AI-driven solutions.

Right after Rajesh Kumar’s presentation, the first panel discussion of the day was hosted. The subject was ‘Enterprise Security: How to Proactively Protect Your Organisation in the Digital Era’. The session was moderated ...

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