Digital Leader 2018: Srinivasarao Muppaneni:The Andhra Pradesh and Telangana State Cooperative Banks

The Andhra Pradesh and Telangana State Cooperative Banks | BFSI

Srinivasarao Muppaneni, Group CIO

KEY IT SPENDING AREAS 2017-18

DC Infra and Information Security

THE IT ORGANIZATION

Two State Cooperative Banks have IT Departments with Group CIO as Head of Technology. The team comprises of DGMs, AGMs and 120+ Technology specialists, having 4 Datacentres and 4 DR centers. Managing 850 branches, 500 ATMs and 3500 Micro ATMs. Managing Data Centres Networks and Information Security and Business Operations for24 Cooperative Banks.

KEY SOLUTIONS DEPLOYED IN 2017-18

-CBS Implementation for 24 Banks

-ATM project implementation

-Debit card introduction

- Information Security Policy and implementation

-Cybersecurity policy and implementation

- Introduction of Mobile Banking

- Implementation of IMPS and UPI

GOING DIGITAL

-Implementation of Private Cloud for the Banks

-Centralized operations for all Banks to minimize the cost of operations

-Expert Services on Shared model

-Information Security and Cyber Security Implementation on a top-down approach

-Centralized monitoring of Network and Security

MESSAGE TO IT VENDORS

Understand Pain areas of your clients and provide solutions instead of presenting all your product catalog