Why Business Continuity and Disaster Recovery Should Not Be a Tick Box Exercise
As owners of regulated businesses financial advisers have so much to think about. So many rules and procedures to follow, many of which are imposed upon us! For many we do only what is absolutely necessary and sadly disaster recovery and business continuation planning is often approached as a tick box exercise.
To help you understand all of the risks that you and your business may at some point face, thinking outside of the box, Michelle will:
1.Give you a whistle stop tour through BS 25999 – Business Continuity Management
2.Challenge your thinking to realise and appreciate the many risks you and your business currently face
3.Understand the key steps that you can take to reduce and even eliminate the impacts if realised
RecordedAug 20 201230 mins
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In the fragmented world of digital payments, some merchants have shown that they are not willing to abdicate control of their valuable customer relationships to third party open mobile payment systems.
Companies like Walmart, Target and CVS have announced their own in-app payment solutions to take control of the entire customer life cycle from enrollment to checkout, even while continuing to support broader mobile payment initiatives sponsored by platform/OS companies.
This webinar will feature a diverse panel of experts who will discuss both sides of this rapidly-evolving phenomenon, and will help you decide if you need "your own damn Pay".
Payments touches everyone. Hence, it is not a surprise that the industry is worth £75 trillion. With digital innovation adding new payment instruments for consumers, speed and transparency coupled with good user experience have become the norm in the area of payments. Following suit, more and more businesses now too are expecting payments to be processed in real-time.
With increased expectations and continuous innovation, let’s discuss the present state of innovation and trends in payments globally, the industry challenges and debate on what is the best way forward to innovate in payments.
Innovation in Payments
- Payments Today
o Developed markets vs Emerging markets
o Which other industries, besides banking, is payments disrupting/innovating in?
o What current B2B and B2C payment solutions stand out?
o Identity and security? Is biometrics the answer?
- What next?
o How should/would the payments ecosystem look like in the next 5-10 years?
o Is collaboration between players in the payments ecosystem the answer to innovation?
o What role will open APIs play in this innovation process?
o Will digital currencies play a significant role in everyday life?
o What is UK’s position in paving the way forward for innovation in payments globally?
It is particularly challenging for a smaller bank to compete in payment services with larger banks. For example most cannot offer cross-currency or P2P payments. A good innovation strategy will help to nail down what the bank needs to be able to offer, to find the right FinTech partners, and to integrate their solutions.
Robert Vanden Assem, CFA Managing Director & Jonathan Davis, Vice President, PineBridge Investments
How does a fixed income investor survive and thrive in a zero interest rate world? Rob Vanden Assem and Jonathan Davis from the PineBridge Developed Markets Fixed Income team present an interactive exploration into today’s shifting fixed income markets. Where are the opportunities now, and how can investors position their portfolios to benefit whilst avoiding undue risk. Join them as they reveal their prognosis for the future of fixed income.
Eric Vanraes, Fixed Income Portfolio Manager at EI Sturdza Investment Funds
1. Why you should still stay invested in bonds
Because bonds are a natural hedge of other asset classes such as equities but it means that you MUST favour high-quality bonds only, with good liquidity and without high correlation to equities in order to deliver positive performance when stock markets are in negative territory.
2. What are the asset classes that should be favoured?
In EUR, we favour APP (Asset Purchase Program) bonds (Govies + PSPP + CSPP), i.e. bonds bought by the ECB (EUR 80 billion/month) and in USD, we stay overweight long US Treasuries (both 30y nominal bonds and TIPS which are inflation-linked). In USD, we also favour high quality emerging bonds (but high quality only). We avoid any kind of bonds which eventually behave like equities in bear markets (high yield, deeply subordinated bank debt).
Sarah Paul, Panacea Adviser & John Joe McGinley, Glassagh Consulting
As we move towards 2017 we all need to consider what our businesses will look like in this new landscape. It's vital we all have an action plan to take our ideas forward. In the first of a three part series, Panacea Adviser and Glassagh consulting will look at how you can:
- Define the key opportunities for you and your clients in 2017
- Set yourself the goals to take your business forward and most importantly
- Start to draft your 2017 business action plan
This 30 minute session and is one not to miss and can help any business no matter their experience.
JS Gourevitch, Joe Salesky (CRMNEXT), Rahul Joglekar (NTT Data)
Competition is considerably heating up with an increasing roster of new digital challenger banks acquiring banking licenses and preparing an onslaught on incumbent banks, customers will be the precious currency that each of the market players will try to either acquire or keep. And information and data on and from consumers are the oil at the core of the system.
In this framework, customers are acquiring a real leverage and a central place in the ecosystem. Their reactions and buy-in can make the success or pitfalls of the challenger banks. They have to increasingly become partners or be at the core of the developments.
The webinar will assess how market players can increase customers engagement, reach out to them in new innovative ways, but also what are the potential risks existing in this ecosystem
Listen to our interview at Sibos with Paul Stoddart, Managing Director at Vocalink.
Paul discusses Vocalink's recent announcements with regards to the Mastercard acquisition and partnership with ACI Payments, and the impact these will have moving forward.
Paul will also talk about how the banking world will benefit from a faster payments model and why it's important to work with different regional regulatory bodies in order to delivery payment services that customers need.
Eduard Dedu (Kontomatik), Till Kothe (Kreditech), Richard Carter (Nostrum Group)
Within the last two decades, banks have nearly lost consumer payments. When it comes to lending, the market share of the banks is constantly dropping too.
In this BrightTalk session, we will take a closer look at old-fashioned banks, digital and digitalized banks, and online lenders to examine which types of companies are more likely to dominate the consumer lending. We will pay extra attention to the role of technology, especially banking APIs.
Dave Tonge (Moneyhub), Alan Lockhart (RBS), Nicholas Oliver (People.io), Gavin Littlejohn (FDATA)
The banking industry will soon open its floodgates to the most significant shake up our generation has seen.
Our panel of experts from across the sector will cover key questions, such as:
Could Open banking usher in the great unbundling of the banking system and change our relationships with banks forever?
What does the future look like when we have banking as a platform?
What will stop incumbent banks becoming dumb pipes?
What could banking look like when the barriers to entry are removed?
Join our session to discover what the future of banking could mean for you and your key stakeholders.
JP Vergne (Scotiabank Lab, Ivey B-School), Nik Walser (EY), Mario Maawad (CaixaBank), Lawrence Chin (Palo Alto Networks)
As holders of valuable client and financial data, banks have been prime targets for hackers and thieves. Entire payment systems can be compromised in the blink of an eye and clients also risk having their identities stolen.
Join this panel session where our experts will discuss:
-Best practices for preventing cyberattacks at every stage
-Top mistakes banks and financial institutions make when dealing with valuable data
-What makes you a target?
-Using real-time analytics to identify anomalies and act on them immediately
-Malware, threat prevention, next-generation security — what are they, what do you need to know?
Alexa Fernandez (BBVA), Helene Panzarino (Funding for Dummies), Neha Manaktala (DealIndex), John Hucker (Swiss FinTech)
FinTech has been a buzz word for quite some time now, but how do you make a change from your traditional banking role to a Financial Technology company?
Join us as we explore the industry and highlight opportunities for bankers in FinTech. We'll feature people that have successfully transitioned, leveraging their experience and skills into exciting new roles.
Shani Reynolds (HSBC), JS Gourevitch, James Ashe-Taylor (Constantine Cannon), Jo Ann Barefoot (Barefoot Innovation)
This year we've seen many changes with regards to financial regulations and all types of organisations in the industry have had to adapt and keep themselves updated lest they risk falling into a regulation trap.
Join this session where the experts will discuss:
-Grandfather versus Son - Can the Grandfather banks (traditional, older institutions) move as quickly as the Challenger banks? Are the rules different or just the attitudes influencing the approach? Is the regulator relationship different?
-Does the time taken to analyse the rules vary? Why? How do smaller institutions get the advice and consultation from experts whether they be Legal or Tax?
-Manual vs automation - linked to the first point..... does the infrastructure allow swift innovation? Whether purchased innovation or internally developed?
-How does the customer approach vary? how are customers impacted or communicated with?
-How can tools developed by software companies/Fintech innovators help? How does the way these companies change between traditional and challengers?
When doing digital business, you will never meet your customers face-to-face, and there is a need to establish certainty and proof of the customer's identity.
Digital on-boarding must be simple for the user, while at the same time gives the business enough information to ensure trust.
This presentation will:
-Take a look at methods for digital customer on-boarding, to ensure that reasonable assurance is achieved
-Discuss the importance of both identity management and identity assurance
-Explore more streamlined KYC approaches
Join us for our upcoming Multi-Index webinar, on Wednesday 19th October at 9.30am where we'll be discussing the political risks that are playing havoc in markets this year and expected into next and we'll give an update on Q3 performance for our Multi-Index funds.
Listen to our interview at Sibos with Leda Glyptis, Director at Sapient Global Markets.
Leda will be talking about technology trends through the changing business and value chain parameters they generate. She'll touch on the open banking revolution and what banking as a business looks like in the future.
Leda Glyptis (Sapient GM), Haydn Shaughnessy (SHIFT), Dora Ziambra (Azimo), Mark Simpson (RBS)
Technology is streamlining banking process and changing relationships so much that traditional infrastructures and ways of making money are increasingly challenged across retail, corporate/commercial and institutional banking.
Join this session where our panel of experts will discuss:
-What effect is new regulation having on the traditional financial services and new players?
- Can big banks become API businesses and remain profitable?
-What do ‘sharing economies’ look like for financial services?
Join an online community of financial advisers, featuring presentations from a wide variety of industry experts, the events are divided into four themes – Investment & Economics, Tax & Pensions, Better Business and Client Acquisition & Retention.
This channel sits at the heart of the financial adviser community and hosting video and webinar content, providing tools for users to comment and run regular online surveys with a view to keeping the content relevant and timely.