Kersi Tavadia Chief Information Officer- IT BSE Ltd.
By MYBRANDBOOK
Redefined CIO role
In the financial industry, CIO has to play a dual role of understanding its core business and driving the business with the help of IT strategies and technologies. In fact, CIO is the only person who has crucial business knowledge and IT insights, this unique knowledge and experience makes a key differential as compared to other C-suite contenders. CIO is a business first and technology enabler leader.
It is a CIO who converts technology solutions and strategies into business opportunities in a financial industry. BSE has set these examples in multiple forays, such as, Implementation of 24 X 7 Cyber Security Operations Centre, Big Data implementation, use of Artificial Intelligence and Machine Learning in its surveillance function and many more.
Innovations & ROI
Service as a revenue model is the success mantra for us. We were the first to implement and commission state-of-the-art Cyber Security Operations Center (SOC). Today, this implementation is regarded as role model in financial industry.
At BSE, till date our innovations are guided by use case applicable for majority of stakeholder. Hence, developments that have been accomplished are keeping in view how these can be leveraged by the industry as a whole. We focus on inclusive development of all stakeholders. We believe and continue our focus on this objective.
Key Priorities
The key priorities for us for the year are:
• Upgrade and migrate to enhanced open source technologies
• Integrate majority of applications into centralized log management system for effective monitoring and control
• Extensive use of AI and ML in Regulatory functions
• Integrated use of AI and ML in Business and Operations functions.
• Data Encryption, Enhanced and robust security, especially for transaction-based applications.
“BSE has implemented an open source technology that will provide access to information from different systems / application viz. Central Log management and Analysis.”
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