Innovation in
Financial Technologies
@ RISE Group

RnD Center for BFSI Sector, RISE Group, IIT Madras

The Challenge

Technologies for the BFSI sector are subject to rapid changes and most IT departments find it an extremely difficult task to keep track of these changes and evolve best of breed solutions suited to their requirements.

Professional services institutions feel this problem even more acutely given the restrictions placed on their recruitment policies.

Our Mission

FT @ RISE Labs will provide technology guidance, create standards and provide comprehensive open source software frameworks.

Performance Engineering will be a key focus area to ensure all solutions make optimal use of hardware resources. The associated performance engineering lab will create
standard benchmarks for the industry and will provide independent test reports.

Open Source

FT @ RISE Group will incubate and host a variety of BFSI centric open source projects.

Our First Project

The first project aims to provide a comprehensive analytics and decision making
framework for the Banking and Insurance sectors.


Funding for the first project is
through CSR grants from City Union Bank Ltd.


We welcome every organization in BFSI sector to participate and reap the collective benefits.