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A Chief Technology Officer (CTO) is a "C" level / Management executive focusesed on the overall technology direction of the bank, NBFC or other organisations. In a Bank or Financial Institution a CTO is responsible for the following 

  1. Ensuring cost reduction in banking operations by embracing and leveraging digital technologies
  2. Ensuring software Projects and Programs are developed and implemented within the budgeted cost, time and effort.
  3. Develop and maintain an overall IT framework including policies, procedures anmd standards
  4. Maintain and operationalise a Disaster Recovery Plan
  5. Develop and maintain Business Continuity Plan
  6. Develop and maintain the organisation's body of knowledge
  7. Develop and standardise semantics for enterprise integration
  8. Create and maintain an environment for unified change management
  9. Develop reusable assets for Project and Program management
  10. Identify and measure project and program metrics
  11. Develop a strategy for continuous integration of software assets
  12. Develop a content management strategy
  13. Develop and maintain a rule repositrory
  14. Refactoring of application architecture
  15. Co-ordinate with Business to evaluate software applications and arrive at Build or Buy decisions
  16. Build and sustain high energy technology team
  17. Develop a plan for identifying emerging technologies for evaluation and prototyping
  18. Outline goals for research and development

Contrary to popular opinion vendor management is not a CTO responsibility.

Demonstrate that you understand our business..

One of the first things that grabbed my attention when I first walked into the fintech industry was the question – ho

Are you a CIO / CTO?

The future of the organization will belong to a very different kind of a CIO

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About

Sastra Technologies is a technology firm that serves new age Fintech companies, Small Finance Banks, payment Banks, Banks, Non-Banking Financial Companies and Financial Institutions. Our philosophy is to develop products that are cost effective so that our clients derive value using them. For the last 7 years we have done so by embracing cloud technologies and developing unique capabilities that allow us to offer a value proposition that is unmatched in the industry today.