Video interview: Bridging the gap between operations and finance

In this interview, Rebecca Harding, Author of 'The Weaponization of Trade', explores how data and analytics-as-a-service can deliver the differentiator to trade banks as they defend their ground against the data-driven tech giants.

Trade finance is changing: banks need to deeply understand the risk profile of businesses they support - from trade patterns, economics and market opportunities to liquidity requirements and currency, counterparty, country, credit and compliance risk. Google, Amazon, Facebook, Apple, Microsoft, IBM and Alibaba (the GAFAMIAs) are in the business, as are shipping, freight and logistics companies.

Predictive analytics driven by trade specific big data, delivered on an open platform for innovation can provide banks with the same technical power as the giants - but delivered with augmented expertise.

Mike Walker, Global Head of Sales Enablement, Corporate Banking and Payments, Finastra

Rebecca Harding, Independent Economist

Intelligent Trade Services demand a new approach. Smart objects, smart contracts and smart analytics mean banks are rapidly learning how to balance trade digitisation with the new demands of real-time infrastructure and corporate client supply chains. This interview will explore the short, medium and long term business cases driving banks towards more intelligent trade finance platforms that can leverage advances in real-time and open banking, innovations in IoT, AI, DLT and predictive analytics and better orchestrate the trade finance and fintech ecosystem.

David Bannister, Principal Anayst, Financial Services, Ovum
Mike Walker, Global Head of Sales Enablement, Corporate Banking and Payments, Finastra
Melanie Cutlan, Tech Innovation, Senior Principal, Accenture

Risk management in banks has gone through a silent revolution. Banks had to solve the problems and questions asked post-crisis and then rationalize and move to more enterprise wide models. Today, a three pronged revolution of regulation, technology and new sources of risk mean banks must re-imagine risk and compliance. With platformification, increases in computing power and cloud come the opportunities to deliver more agile processes, more real-time insights and more accurate predictions. But data quality remains king. What are CIOs top considerations when deploying more open api driven risk platforms? Can risk management securely live in the cloud? How can banks move the needle by collaborating with the fintech ecosystem?

Rupert Nicolay, Worldwide Services Architect, Microsoft
Zannettos Zannettou, Principal Technology Consultant, Finastra

Trade finance is at a unique point. A combination of technology, environmental challenges and complex regulatory factors are paving the way for profound industry transformation. Already, banks are investigating how to leverage distributed ledger technology, artificial intelligence and machine learning, opening up new ecosystems and future revenue streams.

Following on from deep dive sessions during SIBOS senior trade executives will share insights on new collaborative models for trade finance, technology and the trade ecosystem of the future.

Finbarr Bermingham, Editor - APAC, Global Trade Review
Mike Walker, Global Head of Sales Enablement, Corporate Banking and Payments, Finastra
Cécile André Leruste, Banking Lead Europe, Accenture
Enno-Burghard Weitzel, Head of Product Management Trade Services, Commerzbank

Against a backdrop of PSD2 and Open Banking, Financial Services Institutions are steadily adopting cloud technology for payments. The Cloud is flexible and accessible and provides significant cost advantages in the world of payments, where customer demands are real-time and now. Paul Thomalla, Global Head of Payments will:

* Set the global scene of payments in the cloud
* Tell us what we are seeing in different parts of the world where regulation is prominent and less prominent
* Drill down into why companies are interested in the cloud
* Explore the benefits of the cloud

Paul Thomalla, Global Head of Payments, Finastra
Hamish Thomas, EMEIA Payments Leader, EY

The notion of a 'cognitive' corporate bank would have been a giant leap a decade ago. Today, the use of artificial intelligence (AI), machine learning and predictive analytics is accelerating in corporate banking.

* What does a cognitive corporate bank look like?
* How can open banking APIs support the application of AI at the optimal points in the client lifecycle and enable bankers to focus less on admin and more on value-added services?
* To what extent does the cognitive bank need to be 'open' and how can this shift help banks move from selling commoditized products, to service promises?

This panel will explore how AI and open banking can work together to improve customer journeys, reduce inefficiencies and risk, and drive revenue growth - and what banks have to do to get there.

Anton Ruddenklau,Global Co-Leader of Fintech & Head of Digital and Innovation, Financial Services, UK, KPMG
Tim Tyler, Master Solution Architect - Corporate and Retail Banking, Finastra
Patty Hines, Senior Analyst, Corporate Banking, Celent
Thomas Nielsen, Chief Digital Officer - Global Transaction Banking, Deutsche Bank

APAC corporate banking revenue pools are substantial for the connected corporate banks that can seize the opportunity. This interview with Patty Hines, senior analyst from Celent, will delve into the technology and fintech priorities of corporate banks in the region, strategic considerations based on corporate treasury research and the definition of connected corporate banking in through the lens of APAC transaction banking and lending trends. Oliver Wyman forecasts accelerated growth in APAC: 6% CAGR from 2017 to 2022. Following a deep analysis of the leading APAC banks. Those that want to succeed are investing in connected corporate banking technology to deliver comprehensive, tailored, and joined up solutions.

Tim Tyler, Master Solution Architect - Corporate and Retail Banking, Finastra
Patty Hines, Senior Analyst, Corporate Banking, Celent

Financial institutions across the globe are readying themselves for the open banking revolution - but do we really understand the potential power of platforms and how to maneuver these new channels of data sources for innovation? Join Finastra’s Chief Product & Technology Officer, Eli Rosner, who will shared his insights at Sibos on how banks could be utilizing platform, data and the API economy for true digital transformation.

Financial institutions are readying themselves for the open banking revolution but what is the potential power of platforms and how can banks manoeuvre these new channels and data sources for innovation?

Cloud and API technologies offer an immense opportunity to create a reliable, scalable global platform for the financial community - data privacy, security, and operational transparency are dealt with.

* Are shared infrastructure, consistent APIs and on-demand scaling the key to rapid global adoption of financial services at a reduced cost?
* Can the community afford to wait for a giant infrastructure to take a lead?
* Can Quantum computing become affordable only as a shared infrastructure under cloud?

Dan Houseman, Head of KPMG’s Australian Payments Advisory practice
Eli Rosner, Chief Product and Technology Officer, Finastra
Polina Evstifeeva, Head of Regulatory Strategy - Chief Digital Office, Global Transaction Banking, Deutsche Bank
Christine Leong, MD Security, Accenture

Join this live panel streamed from Money20/20 Vegas where our speakers will discuss:
-Challenges of enabling a successful omnichannel payment ecosystem
-Platforms, APIs, and infrastructure
-Are we getting closer to a cashless society?
-Optimising the eCommerce experience
-The importance of payment security
-Mobile, cross-border, and contactless payments
-Next generation commerce and retail

From cloud computing, to blockchain and open APIs, there is a plethora of new technologies that are revolutionising the banking and payments ecosystem.

Join this interview where Mihail Dula, Head of Product Management for Americas Payments at Finastra will discuss:
-How is the payments landscape evolving and what’s driving this change?
-Where is there opportunity for banks?
-How are emerging technologies such as cloud, RTP, machine intelligence, APIs and blockchain impacting payments and creating opportunity?
-It seems that bank perception around cloud-based payment services is shifting, with more banks being open to cloud as part of their infrastructure. In terms of options available, what has changed regarding payments technology?
-Security, regulatory compliance, cost and risk were major concerns of cloud. Have perceptions changed in the industry? How have these concerns been addressed?
-Likewise, cloud computing is accelerating innovation and adoption of emerging technologies. What are the benefits and opportunities of cloud based offerings?

The seismic effects of PSD2 will hit banking hard in the next 18 months. And as the regulation lays the foundations for a new era of openness in financial services it is already disturbing the comfortable status quo. Banks will need to manage this revolutionary change and as the clock is ticking ever-louder towards the January 2018 deadline, we must look at what PSD2 involves, why it matters and identify threats and opportunities.

We'll explore how banks can transform and importantly, what happens if they don't. Now is the time - sink or swim, win or lose?

With decreasing interest income for lenders, a reported 11% rise in commercial loan volumes isn’t balanced with a relative rise in profits. While certain flavors of bank-originated commercial loans are on the rise, behind the growth story lies a ticking time bomb. Join this live video panel where our experts will discuss why the time for commercial lending transformation is now.

Tune in to this live video panel where we'll cover:
-How can application, underwriting, legal process and credit management be harmonised across commercial lending products to deliver more joined up service to clients, enable digital transformation of the front office and maintain credit compliance?
-What are forward-thinking lenders doing to reduce the time it takes to originate and implement loan facilities for corporate clients by 80-90%?
-According to analyst houses, 85% of banks are looking to replace outdated Loan Origination systems and practices. What now?

Any conversion on how technology has changed banking will always include blockchain. From building a blockchain-based digital bank to settling financial trades, there is definitely a lot to discuss.

Join this panel where leading experts will:

-Debate on how blockchain could fit in the ecosystem of the digital bank
-Share relevant use cases
-Discuss which parts of the value chain will be disrupted

Listen to our interview at Sibos with Brian Edmondson, Global Head of Sales Transaction Banking at Misys and Enrico Camerinelli, Senior Research Analyst Europe at Aite Group.

The duo will give highlights on a specific use case on the core challenges facing corporates in the trade and working capital space. Additionally, they will touch on the different FinTech applications for this and how these can be of use in corporate banking.

We are living in a digital reality but bank’s corporate clients are already being wooed by post-digital, fintech driven possibilities. Traditional lenders face fundamental challenges to grow their business with 1 in 5 banks still lacking an enterprise digital strategy to serve their corporate clients. With low interest rates and increasing costs, optimising the customer experience might be part of the vision statement, but delivering on this ethos has not been straightforward. Has bank thinking been inside-out in commercial and corporate lending?

Digitalisation has been spurred by a drive for back office simplification. While this delivers improved service levels, self-service for borrowers in commercial lending is still not business as usual. Slow turnarounds, limited digital engagement and an inability to surface key information at the right time in the right place continues to hamper corporate client productivity and liquidity. With an outside-in approach banks are starting to deliver strategies for end-to-end digitalisation and multiple channel, 24x7 self-service - from loan origination, to loan servicing.

Discover how banks can capture new market opportunities, drive revenue growth and free up relationship managers time while also embracing integration, collaboration and choice in a post-digital world.

In this webinar, a panel of experts will reveal
- Use cases for banks to simplify the lending process and drive end-to-end digitalisation in commercial and corporate lending
- The key pillars underpinning the corporate borrower’s user experience
- How digital strategy today, can drive lending nirvana tomorrow

Whilst many are familiar with blockchain technology, it has not made as big of a splash in the lending industry yet. Blockchain’s part in lending is not limited to securing a bitcoin loan. Join our panel of experts as they discuss the following:

-how blockchain can help small businesses and organisations in emerging markets
-can lending really be 100% transparent when on the blockchain?
-what are some of the reasons why businesses are still hesitant to lend and borrow on the blockchain?
-what are the regulations and compliance restrictions with this technology?
-who are some of the start-ups that are using this technology successfully?


Watch Part 1 of Blockchain: The Last Chance for Banks to Reinvent Themselves - http://bit.ly/24QmXXK
Watch Part 2 of Blockchain: A reality check: blockchain in financial services - http://bit.ly/1R6gCx9