Challenger banks will feature heavily in the upcoming Swift Business Forum in London. Craig Donaldson, CEO at Metro Bank UK, is joined by keynote speaker Sir David Clementi, ex-deputy governor of the Bank of England and chairman of Virgin Money.
The fifth Swift Business Forum in London on 23 April also includes speakers from HSBC, Barclays, Lloyds and others.
More than 800 financial services professionals are expected to gather for the event under the theme of ‘harnessing change in financial services’. This is expected to include discussions about the new business models from challenger retail banks and technology players; the regulatory changes forcing a reshaping of capital markets; and how to integrate new channels into established IT infrastructures, while still meeting new capital, collateral and reporting obligations.
Virgin’s Money’s chairman Clementi will set the scene with his analysis of disruptive business models in financial services. Other speakers include:
- Christophe Chazot, group head of innovation, HSBC
- Derek White, chief design officer at Barclays
- Maurice Cleaves, CEO, of the UK Payments Council.
The corporate and investment banking arena, funds management and capital markets segment will be covered by high profile speakers such as:
- David Deane, group head of client and data services at Deutsche Bank
- Andrew Baldock, responsible for funds industry liaison and standards at Euroclear
The Swift Business Forum follows the Finextra Future Money conference, on April 21 and 22. Future Money will include the finals of the the Swift Innotribe London Startup Challenge. The Swift Business Forum aims is to continue the Future Money discussions about payment, retail ‘challenger’ banks and other disruptors targeting the FS sector.
Commenting on the announcement of the agenda, Arun Aggarwal, managing director of the UK & Ireland, SWIFT, said: “Our industry is grappling with powerful disruptive forces; geopolitical pressure, regulation, a technology revolution, the cyber threat, new competitors and changing customer behaviour to name just a few. Change is a constant, but we are now witnessing a fundamental challenge to established business models and operational processes.”