Banknet has announced the theme of their ?Fourth Edition of International Bank Tech Summit? on 16th September 2008 at Taj Lands End, Mumbai as ?Leveraging IT for Efficiency and Competitive Advantage?. Bank Tech Summit will focus on the ways to realign technology to work towards improving the efficiency and achieving the competitive advantage.

The implementation of IT in the past decade was significant in financial institutions. Technology has been playing an increasingly important role in the banking sector. Likewise, BFSI Companies are spending a lot on technology. In this ?me too? environment, competitive advantage has unexpectedly lost relevance. Need is to realign IT for getting companies back on track ? to work towards the goal of competitive advantage. It is important to discuss that whether technology has helped BFSI Companies in attaining the efficiency in their internal processes and given them competitive advantage vis-?-vis their competitors in the market.

The Summit will begin with a Round Table and will be followed by three strategic sessions. Session Topics will include- Effective Implementation of Technology, Core Banking, Vendor Management, Outsourcing, Business Continuity, Disaster Recovery, Multi Channel Strategies, Risk Management, Financial Frauds, Data Mining, Business Intelligence, CRM, AML, Cyber Security, Information Security etc.