In a highly engaging session, Aumkar Gholap – Head of Technology Solutions for Credit Risk, Treasury (ALM), Liquidity Management and Regulatory Reporting India – interacted with the students at IFMR GSB, Krea University, shedding light on various aspects of ‘Open Banking’. Drawing from his rich experience in the financial sector, he explained how the integration of banking processes and technology have helped secure data. He also his shared insights on the use of open APIs that enable third-party developers to build applications around financial institutions and what it takes to create a long-term sustainable model for the service industry.