idrbt.ac.in IBAC Banking Application Contest 2016 : Institute for Development & Research in Banking Technology

Organization : Institute for Development & Research in Banking Technology
Competition Name : IDRBT Banking Application Contest IBAC 2016
Applicable For : Students & Bank employees
Applicable States : All India
Competition Last Date :August 31, 2015

Website : https://www.idrbt.ac.in/

IDRBT Banking Application Contest IBAC 2016:
Institute for Development and Research in Banking Technology (IDRBT) is a premier Institution focused exclusively on Banking Technology. Established by Reserve Bank of India, 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.

IBAC:
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:
** Indian Banking and Financial Community would get innovative ideas from the best technology talent in the country
** 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:
** Less than 25 years of age as on August 31, 2015
or
** Affiliated to any recognized educational institution as a student as on August 31, 2015
or
** A Bank employee as on August 31, 2015.

It is to be noted that a proof of age or studentship or employement for all members in a team needs to be submitted during the registration.

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 writeup 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:
Last date of registration: August 31, 2015
Last date of submission of their App: January 20, 2016
Results of shortlisting: January 31, 2016
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

Contact:
For contact details, please write to ibac2016@idrbt.ac.in.