iGTB at Sibos 2022 COCB

Manish Maakan, Uppili Srinivasan (Upps), Atanu Ganguli, Andrew England, Debal Dutt and team Intellect Global Transaction Banking | iGTB great show at Sibos 2022.

Upps, I love the succinct 7-minute articulation of COCB – Consumerisation of Commercial Banking (our core theme at Sibos), wired with domain and technology.

The sharpness of 6 tenets of COCB – 1. Hyper Personalisation, 2. Real-time, Connected journeys, 3. Action-triggering insights, 4. Immediacy, 5. Desire & trust-based decision making, 6. Friction-free experience – even at scale, which the banks need to understand and have a gameplan to embrace

3 dimensions of Technology architecture – Composability, Contextuality and Hyperscale along with Data has woven very well.

The need for a Platform and Intellect ability to compose products based on end consumer needs leading to a HOLISTIC experience vs ‘experience at the door’ is captured very well in your video.

I also like 5 imperative for Banks (Revenue Growth, Revenue Protection, Cost avoidance, risk protection and risk elimination) as a driver for choosing Intellect. Congratulations.

iGTB #sibos2022 #COCB #designthinking #intellect

October 1, 2022

Non Violent Economy Diwali Greetings

Non Violent Economy

Trust you all are having a nice and joyful festive season!

Recently, Manju and I attended the Non-Violent Economy Network (NVEN) event at Madurai. I was very intrigued by the narrative of Non-Violent Economy. How come the Economy which provides livelihood to us all becomes violent?The movement is led by Global leaders from many countries who are relooking at the economy from a sustainable lens.

The Sustainability of Human Existence is now anchored around Climate, Water, Energy Systems, Chemical free Agriculture practices, Forests and Consumption.The word Economy is for 138 Crs people of India and 750 Crs Global people not for a select few. In India alone, there are more than 90 cr people living in Rural India spread across 6 lakh villages.

The lowest structure of local governance is the elected Panchayat System consisting of 2.5 lakh Panchayats, governed by 11 to 17 members each. Now the question is what is their role in our Urban Economy?How do we calculate the contribution of each village in the traditional economy?Are we in a hurry to produce higher and higher by applying toxic chemical fertilisers and compromising on Sustainability in Non Violent way?

I interpreted ‘Nonviolence’ as non-violence at Thought, Speech and Action Levels by an individual or community. Non-Violence for sustainability is to respect Nature, Climate, Water, Forest and Agriculture. It is also about Fair Trade& profit and about right consumption.

In the last 6 yrs, I am enjoying working with self motivated Development Accelerators (called NGO’s) through Mission Samriddhi who are completely committed to Sustainability without even knowing the word ESG or Non-Violence. I got humbled when the Tribal community of Shiratoki, a small village of Yavatmal, Maharashtra came together to participate in Collective Farming by pooling their 150 acres of the land. We got the opportunity to apply Design Thinking to solve problems of Fragmented land holding, Water, Natural farming and single crop dependency along with 10 other compassionate experts. We call this experiment HOCO farming (Holistic and Collective Farming). I must thank each one of the experts who are putting their substantial time in designing this non-violent economic experiment.

When Manju & I were thinking about a Diwali gift this year, we felt we need to participate in this movement in a very small way by sharing products from Non-Violent economy to our friends and families. We picked up a few products from rural non-violent startups. The Handbag is sourced from YellowBag Foundation which helps women gain financial independence, Millet based sweets and savouries are from The Timbaktu Collective, a non-profit organisation that works towards the sustainable development of marginalised people across 285 villages in the drought-prone and ecologically challenged in Andhra Pradesh

This Diwali, we were happy to be part of the Non-Violent economy movement.

Wishing you a Happy Diwali.

October 1, 2022

Review on the book The Code Breaker

I am reading a book ‘The Code Breaker’ written by Walter Isaacson. It’s about CRISPER the gene editing tool, which is changing the way Biology worked till now.

I read only 150 pages till now which describes the journey of Doudna and charpentier, over 25 years which resulted into final Technology of Gene Editing using CRISPER- CAS9. I love the story telling of Walter and could feel the moments of discovery, connecting the dots to paint big picture and building the technology itself.

I can relate this book to the way at Intellect we built two technologies – Fabric Data Services as a platform and Turmeric technology. We experienced similar ‘moments of Aha’ when we connected little dots to paint the big picture.

September 1, 2022

Reminiscing Polaris journey Foundation Day

It was 24th July, 1993, Polaris Software Lab Ltd got its registration to commence software business.

We got our first international projects from Data General Inc, Raleigh to support their File system. Data General was then a mid range Computer company. We setup first ODC for them at 3rd Floor Carex Center.

Second business was from Saudi Arabia from Saudi American Bank. We supported their client server banking application.

Third contract was from Switzerland with JWS partnership.

The 4th large project was from Software Sidoun, Germany.

The 5th very, very large project was from NEC Japan for writing component based Core banking system. It was led from their Silicon Valley office and it was 100 million dollar contract over 4 years during 1998.

We setup our UK office at Reading, Singapore office, Frankfurt office, Fremont Office, Atlanta office, NJ office, Tokyo office in first 5 years of our operations

All initiatives were bootstraped without any investor support.

It was sheer power of Talent, who believed in sheer entrepreneurial spirit and made the company grew at CAGR of 105 percent over first 7 years which led it to being classified amongst Top 200 Fastest growing companies of the world.

Today Intellect is continuing ‘Path breaking journey in financial technology’ by letting go services business and reinventing its brand to ‘Intellect’ from Polaris.

We let go 2 things at the same time demonstrating Courage of Leadership team at Intellect

1. Cash generating business of Services

2. Globally very well known brand.

I am dedicating this day to BELIEF, Courage, Innovation, intense Customer focus and Power of one intellect team. I draw my daily dose of energy from all of you. Thank you.

#Intellect #designthing #belief #foundationday

August 1, 2022

Design Thinking

I did not realise that design Thinking video has crossed 3,40,000 views.

In this video, I shared my experiences of difference between ‘DESIGN THE THINKING’ and Process of Design Thinking. For bringing effectiveness to the Design thinking, we need to prepare the soil of the mind by ‘designing the thoughts’ in a structured manner.

It’s thinking design that begins the shift in ‘mental models’ to drive change in organisation culture which can challenge the business as usual and build creative collaboration to drive final finish products and services.

In this Video, I tried to document and synthesised five core capabilities of human mind as Imagination mind, Learning mind, Result Mind, Effective Mind and Influencing mind.

It’s just 12 minutes video.

#designthinking #learning #creative #culture #intellect #schoolofdesignthinking #Missionsamriddhi

https://www.youtube.com/watch?v=wxeFR4qGOKA
August 1, 2022

The power of abstract to Touch and feel

There is a series in Netflix called ABSTRACT.

If you have sometime watch Season 2/Episode 1 -Olifur – The Art of Design.

The power of abstract to Touch and feel.

Lots of our creations in software are abstract from understanding the ‘untold beauty hidden beneath the layers of coding’. Customer experiences few actions out of the beauty of Data architecture, Beauty of Flow pipes and corridors thru which data flows in form work for Actors, beauty of wired rules in form of logic which drives few microsecond decisions, beauty of design of hyper personalised experiences etc etc.

That’s all abstract. How do we bring beneath the iceberg is nothing but Art.

July 1, 2022

Conducting session for All India Council of Technical Education(AICTE)

I conducted the session with 24 leaders of All India Council of Technical Education(AICTE) yesterday. The entire team travelled to Intellect design Center from Delhi and other cities to attend this 2 day workshop.

I love the enthusiasm and zeal for learning during the session. They took out their weekend to learn. I love the questions they were curious to ask.

I think that’s the change we are looking in Engineering and management education under the leadership of Anil sahastrabuddhe, where administrators are first learning hands on before introducing Design Thinking as a course in all engineering and management education.

#leadership #design #engineering #engineering #management #education #designthinking #aicte #intellect

June 12, 2022

AICTE Leadership team in FT 8012 Design Center for 2-day Design Thinking workshop

Happy to share that AICTE Leadership team will be in FT 8012 Design Center for 2-day Design Thinking workshop on Saturday and Sunday. AICTE the top most governing body for all technical education in the country is keen in leveraging the approach of Design The Thinking (mental model) for driving greater learning outcomes in academic institutions. This will result in bringing our Design Thinking module into the main stream curriculum as well.

You can watch the Launch Address of Prof. Anil D Sahasrabudhe in the YouTube Link.

https://lnkd.in/d3D7cKeQ

Dr. Anbu Rathinavel

#education #designthinking #design #team #aicte

June 12, 2022

Winning big at IBSi Sales League Table 2022

We are proud and humbled to win big at IBSi Sales League Table 2022 with six #1 Global Leadership positions. As we are forging ahead and emerging as a new world leader in the industry with our API-based Contextual and Composable banking solutions, our priorities are highlighted through our wide suite of products and solutions that reorient the future of FinTech.

Our customer-centric design thinking approach and algorithmic delivery methodology are robust to ensure defect-free, on-time deliveries while being agile and sensitive to the dynamics of our customers

#designthinking #globalleadership #IBS

June 12, 2022

Beginning of Holistic management education with Designthinking and rural development

Dr Anbu Rathinavel dean of School of Design Thinking, Sukanya srinivas – Leader Ullas Trust, Manju Jain – founder Mission Samriddhi, Ram Pappu – Executive Director Mission Samriddhi, Elango – Social designer Panchayat Academy and alongwith professors of SSB designed 7 week 3 credit program for MBA education.

First of its kind in management education to drive understanding Empathy in business design space.

Congratulations for the beginning of Holistic management education with Designthinking and rural development.

#design #business #management #empathy #designthinking

June 12, 2022