28th September 2016, 09.00 CET
Sibos, Geneva, Switzerland
The registration process is not live.
Many of the key change drivers in banking, including regulation such as PSD2 and innovations such as open APIs and the Internet of Things (IoT), are pushing banks to embrace and find their place in an integrated digital ecosystem. So what are the challenges - and opportunities – for transaction banks in this connected world? How can cloud and digital strategies converge to enable transformation?
When: Wednesday, 28th September 2016, 09.00 – 10.30 CET
Where: Sibos - Workshop C, PALEXPO, Route François-Peyrot, 30CH-1218 Grand-Saconnex, Switzerland
Please note: This event is only open to Sibos attendes from Banks and regulated financial institutions.
The implications of PSD2 in the consumer banking business have been widely discussed, but how is PSD2 likely to impact the way banks interact with their business and corporate customers, and how far have these implications been factored into banks’ technology and strategic thinking at this point? Is it clear how banks can monetise PSD2 in their corporate banking activities? And when it comes to Open APIs – a pre-requisite for PSD2 and also a key component of the increasing trend towards open banking – how ready are banks to implement these, and how well positioned are they to take advantage of openness, rather than to risk losing business as a result of this shift?
Another much-talked about trend is the IoT. Is there a clear definition and understanding of what the IoT is, and the role it will play in the digital ecosystem around the banks’ key customers? How do we get from today’s plethora of potential IoT use cases in and around financial services, to a robust, working IoT-powered marketplace, and what role could the banks play in taking IoT mainstream to the benefit of their customers and their own future business models?
Join Finextra and Misys for an exclusive breakfast roundtable session during Sibos in Geneva to explore this topic. The roundtable discussion, held under the Chatham House Rule will bring together senior representatives of transaction banks to discuss in detail different tactical and strategic responses to the evolution of the digital ecosystem, including the impact of PSD2, open APIs and the IoT. Topics to be covered will include:
- What does PSD2 mean for corporate banking relationships and how far have banks progressed with PSD2 in this area?
- What will be the people, process and technology enablers in open banking transformation?
- Is it possible for banks to drive competitive advantage and commercial gain through PSD2?
- When it comes to implementing open APIs, what are the challenges and opportunities for banks and traditional financial services software solutions?
- How does the IoT fit into the evolving digital ecosystem in which banks must operate?
- Does the IoT create new opportunities for banks to carve out a role in the digital landscape – and if so, what do the banks need to do to leverage these opportunities?
- What are the strategic and technology challenges for banks looking to add value in the digital ecosystem? How are their suppliers providing the open platforms to play in this new world?
The session will be moderated by Kevin Brown, Independent Non-Executive Director and Senior Advisor Global Payments and will feature input from lead contributors:
- Mark Gervasini Nielsen, Head of Concept Development and Digital Hub, FVP, Danske Bank
- Sean Gilchrist, MD Commercial Digital, Lloyds Bank
- Alex Kwiatkowski, Senior Strategist, Banking & Digital Channels, Misys
Please register now and join us in Geneva for what we are sure will be an insightful and entertaining session of networking and discussion in the company of your industry peers.