Technology â The Core Service Differentiator for The ... - IDRBT
Technology â The Core Service Differentiator for The ... - IDRBT Technology â The Core Service Differentiator for The ... - IDRBT
Monetary Policy – The Challenge (2) • transformed the conduct of the payment and settlement system • set the stage for an unprecedented growth in financial activity across the globe • Rendered more vulnerable the domestic payment system and financial stability to international “shocks” … making the conduct of monetary policy more complex and prone to implementation and operational risks INSTITUTE FOR DEVELOPMENT AND RESEARCH IN BANKING TECHNOLOGY October 9, 2004 Vepa Kamesam, Chairman IDRBT
Monetary Policy – The Opportunity The proliferation of IT has also set the stage for improving and managing risks in payment systems • Electronic Trading Systems • DVP/PVP • RTGS • Secured Netting Systems • The growth of the Central Counterparty (CCP) • Continuous Linked Settlement INSTITUTE FOR DEVELOPMENT AND RESEARCH IN BANKING TECHNOLOGY October 9, 2004 Vepa Kamesam, Chairman IDRBT
- Page 3 and 4: Innovative Risk Management Complex
- Page 5 and 6: Focus aspects of Commercial Banking
- Page 7 and 8: Technology - A Differentiator Techn
- Page 9 and 10: How Long a Differentiator? Then….
- Page 11 and 12: The Human Interface Technology mean
- Page 13 and 14: Elements in People Issues Choosing
- Page 15 and 16: Technology Acquisition Inappropriat
- Page 17 and 18: Technology and Central Banks Techno
- Page 19 and 20: Regulation and Supervision - The Ch
- Page 21 and 22: Currency Management and Technology
- Page 23 and 24: Technology & Monetary The Opportuni
- Page 25 and 26: NEFT NFS/IBPG CFMS PKI-based Securi
- Page 27 and 28: JAMMU CHANDIGARH IN FIN ET Le a se
- Page 29 and 30: Structured Financial Messaging Syst
- Page 31 and 32: IDRBT CA Physical Infrastructure Ti
- Page 33 and 34: RBI Initiatives in Payment and Sett
- Page 35 and 36: RTGS Scenario 87 banks have impleme
- Page 37 and 38: Centralised Funds Management System
- Page 39 and 40: RBI Initiatives in Payment and Sett
- Page 41 and 42: Smart Cards - The Future Multi-appl
- Page 43 and 44: RBI itself uses Technology for diff
- Page 45 and 46: RBI and Customer Service...(2) Impr
- Page 47 and 48: Issues in Implementation “Less th
- Page 49 and 50: The pre-requisites for Technology P
- Page 51 and 52: Need for Training All these develop
- Page 53: Monetary Policy - The Challenge (1)
Monetary Policy – <strong>The</strong><br />
Challenge (2)<br />
• trans<strong>for</strong>med the conduct of the payment and<br />
settlement system<br />
• set the stage <strong>for</strong> an unprecedented growth in<br />
financial activity across the globe<br />
• Rendered more vulnerable the domestic payment<br />
system and financial stability to international<br />
“shocks”<br />
… making the conduct of<br />
monetary policy more complex and prone to<br />
implementation and operational risks<br />
INSTITUTE FOR DEVELOPMENT AND<br />
RESEARCH IN BANKING TECHNOLOGY<br />
October 9, 2004<br />
Vepa Kamesam, Chairman <strong>IDRBT</strong>
Change language