adsense

Tuesday, June 30, 2015

IDRBT Banking Application Contest (IBAC) – 2016


          All banking enthusiasts are requested to don their thinking hats.
          IDBRT has announced the first ever Banking App Contest. In short - IDBRT IBAC 2016.

Q: What is IBDRT?
Ans: Institute for Development and Research in Banking Technology (IDRBT) is a premier Institution focused exclusively on Banking Technology.
IDBRT has been established by Reserve Bank of India.

Q: What is the aim of IDBRT?
Ans: The Institute works at the intersection of Banking and Technology, focusing on research and development which is useful for the Indian Banking and Financial Sector.

Q: Where is IDBRT located?
Ans: IDBRT is located in Hyderabad-Telangana State.

Q: What is the purpose of IBAC 2016?
Ans:  The purpose of IDBRT IBAC 2016 is to attract the best talent in India to showcase their understanding of Indian financial systems and deploy the same in Mobile Apps.

The popularity of “App” or “Application Software” has grown tremendously in recent years. These apps should facilitate mobility of the user. With a view to provide a big boost to developing apps for the Indian Banking and Financial Sector, the Institute is organizing national level IDRBT Banking Application Contest (IBAC) in March 2016 at IDRBT, Hyderabad. This competition aims to serve two key purposes:
01)  Indian Banking and Financial Community would get innovative ideas from the best technology talent in the country
02) The Gen Next would get an opportunity to showcase their technology talent through this platform.

Participants' Profile
Participants have to register as a team (maximum of three members in a team) and all members in a team must be either:
a)     Less than 25 years of age as on August 31, 2015
Or
b)    Affiliated to any recognized educational institution as a student as on August 31, 2015
or
c)     A Bank employee as on August 31, 2015.

Scope of the Apps
The scope of the application is limited to the banking sector and is to be developed to facilitate operations in the following areas, but not limited to:
Apps for Customers
Electronic Payment Systems
Mobile Banking
Fake Currency Detection, etc.
Apps for Managing Business
Data Visualization
Customer / Product Analysis
Transaction Analysis, etc.
Apps for Managing Technology
SIEM Tools
IT Infrastructure Management tools, etc.

Registration
Teams have to register on or before 31st August, 2015 and the Registration Fee is Rs 1000/- per team.

Format of the Contest
  • Participating teams are required to submit a write-up on their proposed application (along with theories, results, screenshots) by January 20, 2016.
  • A few teams will be shortlisted based on the applicability and quality of their submission.
  • The shortlisted teams will be asked to demonstrate their Apps in front of an elite panel consisting of senior bankers, IT professionals and Academicians.
  • All members of the shortlisted teams will be reimbursed Third AC to and fro rail fare by the shortest route to attend the event.
Attractive Prizes
1st Prize - Rs. 60,000/-
2nd Prize - Rs. 45,000/-
3rd Prize - Rs. 30,000/-

Important Dates
v  Last date of registration: August 31, 2015
v  Last date of submission of their App: January 20, 2016
v  Results of shortlisting: January 31, 2016
v  Final Event: March, 2016

Call for Sponsorship
IDRBT invites various Organizations/Institutions to be our sponsoring partners, in any one of the following categories:
  • Platinum Sponsors: Rs. 5 Lakh
  • Gold Sponsors: Rs. 2.5 Lakh
  • Silver Sponsors: Rs. 1 Lakh
For contact details, please write to ibac2016@idrbt.ac.in.
          Please keep watching IDBRT webpage for further details.


No comments:

LinkWithin

Related Posts with Thumbnails

Disclaimer

The thoughts in this BLOG are personal, and reflect only my view on the subject.
This are not the views of my Employers.
All images, logos rights rest with the Original TitleHolders

All efforts have been made to make this information as accurate as possible, N Prashant will not be responsible for any loss to any person caused by inaccuracy in the information available on this Website. Relevent Official Gazettes Communications may be consulted for an accurate information. Any discrepancy found may be brought to the notice of N Prashant