Business
Sponsored: Creating a better future through digital transformation
Modibedi Oliphant, CIO of the National Student Financial Aid Scheme (NSFAS), is currently pioneering its digital transformation journey; NSFAS provides students with financial aid for tertiary education.
25 April 2023
“Having access to funds for further study is a life-changing opportunity for students. The scheme needs correct software development management, good data governance, and to be able to serve growing numbers of applicants effectively. Digital transformation is making this possible,” he says.
At NSFAS, the transformational agenda stems from multiple areas. “Data silos are a big concern, and we are trying to transform the data-sharing capacity. The correct system services integration will remove the risk of fraud, and allow for authentication processes based on physical biometrics. Speed is another factor, and students should be able to apply, and have an answer within minutes. Security is a key element to prevent bad actors from exploiting the system, or the students.”
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