MY BRAND BOOK KRC Murty VP-Deutshe Bank AG,Group CIO, Function-Safety and Soundness

KRC Murty VP-Deutshe Bank AG,Group CIO, Function-Safety and Soundness

By MYBRANDBOOK

‘Business and IT should collaborate together to meet business goals’

Commitment as a Tech Head
The CIO and related functions within the department have no choice other than being a close aide to the Business functions. Both have to be part of the same table right from the strategy till execution to have an end to end collaboration. Business cannot take decisions and decide on timelines without Technology and similarly Technology cannot execute without understanding the entire business model and the timelines and urgency if any. Hence it is utmost priority for both the CIO world and Business to walk together for a successful marriage of Business and Technology.

Experience Cell
Skill sets play a key role always. It is eminent that more critical the function is more critical the skill sets become. There is always a need for a sustained model and longevity of resource / knowledge transfer and continuity. There is no right or wrong model as long as it suits the respective company’s IT Strategy and meets their requirements/financial viability. For some, an outsourced model may really work well which does not entail the overheads of managing the knowledge/knowledge transfer/other overheads.
However there is another upcoming trusted model which is IP Repatriation which includes getting the knowledge within the organization and having resources on board instead of a 3rd party vendor / partner managing the skills and knowledge. I personally feel this is a good model to go with to ensure that the entire knowledge stays within and resources have the right level of responsibility and maintain confidentiality.

Key Priorities
While as a Global Bank we have many new priorities and strategies which are essential and critical for any Global Bank or Financial institution, it is very important to ensure Security and safeguarding of Client Data, confidentiality, integrity and above all compliance to regulatory requirements and norms.

Adaptability to Organizational Changes
Any technology being deployed should have an underlying unwritten rule to be agile and flexible and easy to interface with newer applications, provide an easy API integration and be able to exchange data easily.

While there will be new technologies taking shape based on the Fintech’s pushing large institutions to look at new ways to reach out to clients and inducing a millennial thinking into the technology deployments, it is how well the technology solutions and applications are deployed to be able to attract more clients and utility for the Business groups is the priority. Today Business units function purely on the underlying technology available and the edge it provides over the competition.

BREAKING NEWS

Elon Musk Merges X with xAI in $33 Billion Stock Deal...

Elon Musk has made waves once again by merging X (formerly Twitter) with...

India Strengthens Electronics Supply Chain with ₹22,919 Cr Manu...

The scheme aims to attract an investment of INR 59,350 Cr, resulting in pro...

Govt Drops Import Duty making EV Batteries cheaper...

The Centre is taking measures to counter the impact of US President Donald ...

CERT-In’s New Advisory Unveils Hidden Cyber Threats...

The advisory highlights critical vulnerabilities in AI models, outlines mul...

TECHNO TRENDS

Legal Battle Over IT Act Intensifies Amid Musk’s India Plans

The outcome of the legal dispute between X Corp and the Indian government c...

Wipro inks 10-year deal with Phoenix Group's ReAssure UK worth

The agreement, executed through Wipro and its 100% subsidiary,...

Centre announces that DPDP Rules nearing Finalisation by April

The government seeks to refine the rules for robust data protection, ensuri...

Home Ministry cracks down on PoS agents in digital arrest scam

Digital arrest scams are a growing cybercrime where victims are coerced or ...

E-Magazine

TECHNOTAINMENT

For 2nd Time, Kaspersky announced Mumbai Indians’ Official C

Hrithik Roshan to endorse RuPay as Brand Ambassador

RuPay is reportedly planning to feature Bollywood superstar Hrithik Rosha

India Today Group launches – AI Pop Stars

Staying true to our industry leadership position in using cutting-edge tech

MOVERS & SHAKERS

Cloudflare Promotes Goran Risticevic as VP & MD for APAC

TelioLabs ropes in Phaniraj V A as the Group CEO

TelioLabs has announced the onboarding of Phaniraj V A as its new Group CE

Wipro Appoints Amit Kumar as Managing Partner and Global Head

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology s

OPEN YOUR EYES

Changing Dynamics Of Cybersecurity In The Age of Coronavirus

Digital Strategies Focuses On Technology To Improve Business Performance

Payment industry is eyeing Asia as attractive for V.C. investors amid COVID-19

COVID-19 Brings Opportunity For Businesses To Tide Over The Current Crisis

The disruption in the technology demands to ensure business continuity

INTERVIEWS

Acer addresses evolving customer needs by consistently pushing

AMD Pensando driving innovation in the DPU architecture space

AMD Pensando stands out in the DPU (Data Processing Unit) market with its u

Autodesk continually pushing the boundaries in the Design and

Autodesk’s vision is of a better world designed and made for all. It inte

HOT PICK

ASUS ExpertCenter P500 Mini Tower Desktop PC's launched in Ind

MSI Announces the availability of RTX 50 series of laptops in

MSI, the innovative computing manufacturer in gaming, creator

Nothing Phone (3a) goes on sale today, starting at Rs 19,999

The phone was launched on March 4, featuring a 50MP main, ultra-wide, and t

MAKE IN INDIA BRANDS

LENOVO INDIA PVT. LTD.

TEJAS NETWORKS INDIA PVT. LTD.

PDRL - Passenger Drone Research Pvt. Ltd.

DRUVA SOFTWARE PVT. LTD.

EMINENT CIO'S OF INDIA

AI SYSTEMS ARE ENABLING A SEISMIC SHIFT IN THE WORLD OF CYBERSECURITY

AI’s analytical prowess enables it to analyze an...

AGILE TECHNIQUE ENCOURAGES TEAMWORK, ADAPTABILITY, AND CONTINUOUS ITERATION

Several emerging technology trends are significant...

PRIORITIZING APPROPRIATE DATA MANAGEMENT AND ETHICAL AI IS THE NEED OF THE HOUR

For us, cultivating customer trust amidst for that...

ICONS OF INDIA

ICONS OF INDIA : SACHIN BANSAL

Sachin Bansal is an Indian entrepreneur. He is best known as the found...

Icons Of India : GAUTAM ADANI CHAIRMAN ADANI GROUP

Gautam Adani is the Founder and Chairman of the Adani Group, which ran...

Icons Of India : Arundhati Bhattacharya

Arundhati Bhattacharya serves as the Chairperson and CEO of Salesforce...

PARTNER SPEAKERS

Iris Global Services - “The Most Responsive Distributor”

As a company, Iris Global Services is equipped with everything it takes to set...

Investing in Innovation and Maintaining High Service Standards To Fortify its Brand Position

The rise of digital technology and cloud computing is a huge growth driver for...

Ensuring Mutual Success By Aligning Partner's Needs

The IT industry is one of the most dynamic industries. Here, not only does the...

PSU

CERT-IN - Indian Computer Emergency Response Team

CERT-In is a national nodal agency for responding to computer security...

LIC - Life Insurance Corporation of India

LIC is the largest state-owned life insurance company in India...

IREDA - Indian Renewable Energy Development Agency Limited

IREDA is a specialized financial institution in India that facilitates...

VIDEOS

Top 25 Brands

Most Trusted Brands 2024 : Redington Ltd.

Redington positions itself as a bridge between global technology brands and re...

RELIANCE JIO INFOCOMM LTD.

Reliance Jio commonly known as Jio, has been a significant disruptor in the te...

Most Trusted Brands 2024: MICROSOFT CORPORATION

Microsoft Corporation has been at the forefront of technological innovation fo...

Global Indian industry

Indian Tech Talent Excelling The Tech World - Aman Bhutani, CEO, GoDaddy

Aman Bhutani, the self-taught techie and CEO of GoDaddy, oversees a co...

Indian Tech Talent Excelling The Tech World - Thomas Kurian, CEO- Google Cloud

Thomas Kurian, the CEO of Google Cloud, has been instrumental in expan...

Indian Tech Talent Excelling The Tech World - Sanjay Mehrotra, CEO- Micron Technology

Sanjay Mehrotra, the President and CEO of Micron Technology, is at the...

ITFORUM 2025

STARNITE AWARDS 2024

CMO of the Year

WOMEN LEADERSHIP

IMAGE GALLERY

TRENDS IN TECHNOLOGY