Hyderabad: The BFSI (Banking, Financial Services and Insurance) Consortium has launched its transformative event series ‘B Unplugged—The BFSI Consortium’s Dialogue’ in Hyderabad on Monday. The event served as a platform to ignite collaboration, innovation, and knowledge-sharing, propelling the BFSI sector forward.
The BFSI Consortium is a global BFSI convergence platform with extensive financial service experiences. It is the first in the country with a unique vision to converge all partners onto a single platform, viz BFSI global & Indian IT companies, education institutions, regulatory & government bodies, fintech startups and IT associations.
The inaugural edition witnessed participation from industry leaders, academicians, startups, and key stakeholders within the BFSI sector. Attendees gained valuable insights through a comprehensive progress update on the consortium’s initiatives, specifically those focused on bridging the gap between academia and the BFSI industry, ultimately enhancing student employability in the sector.
D Sridhar Babu, Telangana IT & Industries Minister, drew upon his vast experience to deliver a captivating keynote address. His insights enriched the discussion and offered attendees a unique perspective on the evolving BFSI landscape. He said, “The thought of BFSI consortium is a very notable idea and a win-win situation for the State, Industry & education sector.”
He emphasised the importance of striking a balance by including tier two and tier three cities in the initiative. This was followed by a thought-provoking panel discussion titled ‘BFSI Today, Tomorrow, & AI’ held in partnership with IIIT. Industry leaders, experts, and innovators delved into the current state of AI adoption within BFSI, the crucial role of startups in providing solutions, and the data challenges inherent in a regulated sector. The discussion concluded with a forward-looking exploration of Generative AI (GenAI) and its potential impact on the BFSI domain.
BFSI leaders, academicians, and industry leaders all contributed valuable insights throughout the event, further enriching the experience for attendees. This insightful session, held in collaboration with social impact partner EQUIPPP, shed light on the future of the BFSI sector and equipped participants with the next steps for building industry-ready talent.
