Call for Proposals for Second IDRBT Banking Application Contest (IBAC) 2017

The 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, with people across nations, irrespective of their age and gender, getting hooked to the "Apps" culture. These apps should facilitate mobility of users.

Indian banks too have been building "Apps", but the requirements of customers and banks may not be met only by the internal teams of banks. Further, "Apps" are an area where there are talented individuals, geeks and small companies, who are working with great passion, and there is a need to tap these apps for the benefit of the banking sector.

Accordingly, in order to provide a big boost to developing "Apps" and bring out the innovations happening in the area of "Apps" which could be useful for the Indian Banking and Financial Sector, the Institute started organising the national level Annual IDRBT Banking Application Contest (IBAC) in 2016. The first IBAC was held on April 11, 2016.

The IBAC 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.

The Institute now announces the Second IDRBT Banking Application Contest (IBAC) on April 7, 2017 at IDRBT, Hyderabad.

Call for Submission

Call for App

Participating teams are invited to submit apps for the contest. A team can have a maximum of three members. 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 the following:

  • 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.

Format of the Contest

Participating teams (with a maximum of three members each) are required to submit a write-up on their proposed application (along with theories, results, screenshots) by December 15, 2016 January 15, 2017 to ibac@idrbt.ac.in. 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.

The submission should have the following content (as a pdf attachment):
Title:
Team Name:
Team Members:
Affiliation:
Contact Details:
Introduction:
Objective:
Description:
Novelty:
Screenshots (optional):

The Subject of the mail should carry "Submission to IBAC 2017".

The body of the email should contain the payment details (NEFT reference number and date of transaction). Also please attach the NEFT receipt along with the email.

Attractive Prizes

  • 1st Prize: Rs. 60,000
  • 2nd Prize: Rs. 45,000
  • 3rd Prize: Rs. 30,000

Registration

Teams have to register on or before December 15, 2016 January 15, 2017. The Registration Fee is Rs. 1500/- per team. Pay the registration fee using NEFT. Please save the bank transfer receipt for future reference. Bank account details have been given here:

Account Details
Name of the A/c Institute for Development & Research in Banking Technology (IDRBT)
Name of the Bank Axis Bank Ltd, Mehdipatnam Branch, Hyderabad
A/c No 426010100018823
Type of a/c Savings
IFSC Code UTIB0000426

Register your team by filling up the form in : https://goo.gl/forms/Bps4BnJi6slsooxq1

Important Dates

  • Last date of registration: December 15, 2016 January 15, 2017
  • Results of shortlisting: January 31, 2017 February 28, 2017
  • Final Event: April 7, 2017

Call for Sponsorship

IDRBT invites sponsors for IBAC 2017 in following three categories. The IBAC 2017 will be conducted along with CIO (Chief Information Officer) Forum of the Banks. Thus, this event will be graced by IT Chiefs of Banks. So, it can be a great opportunity to grab the attention of IT Heads of the Indian Banking and Financial Sector.

The sponsorship cost and benefits are as under:

Platinum Sponsor: Rs. 5 Lakhs

  • Benefits:
    • Stall at the event
    • Organization's Logo on the Call for Application for IBAC 2017 (through mail, pamphlet and IDRBT Website) and IBAC Banner
    • Five Free Passes to participate in IBAC 2017.

Gold Sponsor: Rs. 2.5 Lakhs

  • Benefits:
    • Organization's Logo at the Call for Application for IBAC 2017 (through mail, pamphlet and IDRBT website) and IBAC Banner
    • Five Free Passes to participate in IBAC 2017.

Silver Sponsor: Rs. 1 Lakh

  • Benefits:
    • Organization's Logo at the Call for Application for IBAC 2017 (through mail, pamphlet and IDRBT website) and IBAC Banner
    • Three Free Passes to participate in IBAC 2017.

Venue

Institute for Development and Research in Banking Technology

Castle Hills, Road No.1, Masab Tank, Hyderabad - 500 057.
Telephone: +91 (40) 2329 4032/4112
Fax: +91 (40) 2353 5157
Email: ibac@idrbt.ac.in

Contact

Dr. Rajarshi Pal

Assistant Professor, IDRBT
Telephone: +91 (40) 2329 4032
Email: prajarshi@idrbt.ac.in

Dr. P. Syam Kumar

Assistant Professor, IDRBT
Telephone: +91 (40) 2329 4112
Email: psyamkumar@idrbt.ac.in