Business Technology presents Architect Competition 2009
Introduction
Business Technology proudly presents Architect Competition 2009, organized by Enterprise Architecture Forum.
We invite aspiring and practicing IT architects to deploy their skill to solve a compelling real-world problem. The competition tests architects’ ability to automate a manual and time-consuming transaction.
The idea behind the competition is to challenge analytical, conceptual and technical capabilities of contestants. For more information on the contest, please see FAQs below.
The Problem
Banks have gone digital with ATMs, online transactions, credit cards and other IT tools. But a bulk of their transactions is still predominantly handled through “CHEQUES”, which involve manual effort.
Cheques issued by customers are subject to realization through inter-bank transactions. It usually takes 2 to 3 days of clearing time as banks need time to exchange and process the cheques.
Overview
Today in this modern world with different technologies and platforms we aim at process efficiency and speed in every walk of life. In a typical banking scenario, ATMs, interbank transfers, payments, credit cards etc have reached an amazing growth level in the last few decades.
Problem Statement
One instrument in today’s Banking scenario which is still predominantly handled by manual effort is “CHEQUES” We all know that each bank has different formats of cheque books. Cheques issued by customers are subject to realization through interbank transactions.
Cheques take 2 to 3 days of clearing time because all bankers meet on a daily basis and exchange the different cheques received through the customers.
Definition
Design an architecture solution that is fool proof and reliable for management of Cheques.
1)The concept is crux of the solution. The concept should be an eye opener for bankers to do things differently.
2)The solution should aim at automating the cheque processing and collection mechanism.
3) Assumptions are allowed as long as they are valid and feasible.
4) The architecture and process flow needs a technical flavor of implementation. A presentation/paper on the architecture is expected, however code is not the deliverable.
5) The solution should be an acceptable one for all banks to implement and there needs to be an ROI for the investment made.
6) The solution should simplify the current process.
Frequently Asked Questions
What is this competition about?
Architect Competition Forum is a contest to test your architectural skill. We throw a real-world problem at you and you compete with your peers to design a solution.What is the prize?
Winners will be awarded:- One grand prize: Apple Laptop
- Two first prizes: Apple Ipod Touch
When are submissions due?
All submissions to be made on or before 12th October, 2009 to be eligible for architect competition.What do I submit?
A PowerPoint presentation or Word document outlining your solution. Remember that the final presentations are 6 minutes in length -- so please keep your submission to what you can present in 6 minutes. We suggest 6 or fewer slides, if you submit in PowerPoint.
Send your PowerPoint presentation or Word document outlining your solution
email architects@soaindia.com
What happens after I submit?
Your proposal will be reviewed by our panel of judges before 13th of October, and if you are a finalist you will be notified on 14th October asking you to be ready to present your proposal in on Thursday, 15 October at 5:30 p.m. at SOA India 2009 conference to be held in Nimhans convention centre, Bangalore.What is the "final showdown"?
The final showdown is where our finalists present their solutions to our panel of judges. Each finalist gets 6 minutes to present and then takes questions from our judges.When is the final showdown, and can I just watch?
Please come to the main hall (Nimhans convention centre) at scheduled time in conference agenda on Thursday, 15th October to see our finalists go head to head for the title of 2009 Architect!Can I see all the final submissions?
All submissions -- and the winner list -- will be posted on this blog. So stay tuned!Official Rules
By entering the Architect Contest (the "Contest") you agree to be bound by these Official Rules.TERMS AND CONDITIONS
- This Contest is organized by Business Technology (Property of S&S Media India Enterprises Private Limited) and reserves the right to add one more sponsors at its discretion.
- This contest is governed by Indian law and void where the law prohibits. If any issue arise shall be settled through Bangalore court jurisdiction.
- Participation in Contest is purely voluntary. To be eligible for the participation in the Contest, participant has completed the age of 18 years at the time of participation in the Contest. There is no participation fee for the contest.
- Sponsor and Administrator reserves the right to use winner's name, likeness, picture.
- The Submission shall be your original work and incase of any text or other necessary information is copied or used, for such reproduction, permission shall be obtained legally wherever necessary.
- All presentations ( including text, drawing or design etc) or information submitted by you to Sponsor and Administrator shall become the sole and exclusive property of Sponsor and Administrator, and Sponsor and Administrator shall have no obligation to preserve, return, or otherwise make available to you or others any Presentations. Sponsor and Administrator may use, reproduce, edit, display, transmit, prepare derivative works of, modify, publish, and otherwise make use of Presentations in any of the way it desire without creating harm in of the way.
- Sponsor and Administrator is not responsible for any technical malfunction of computer on-line-systems, servers or providers, computer equipment, software or traffic congestion on the Internet.
- The Organizers reserve the right to change/ modify terms and conditions and or the Prize for the Contest, at any time at their own discretion and without any prior notice and without assigning any reason
- The decision of the Organizers in connection with the Contest will be final & binding and is non-contestable
