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Agility in Financial Services: Building a smarter operating model

LONDONBanks have been relatively slow to adopt cloud in comparison with firms of similar sizes in other sectors. A recent Forrester study of senior banking technology decision-makers revealed that 73% consider security as a major obstacle to adopting cloud, while privacy (63%), risk (59%) and regulation (56%) also ranked highly. Maturity of cloud solutions and integration were also cited.

However, the study goes on to note that new, state-of-the-art SaaS solutions will be critical to accelerating banks’ transformation efforts, and can offer banks a direct path towards digital banking.

And with even institutions such as the FCA embracing cloud (the organisation recently announced it would be building its new MIFID II reporting platform on Amazon Web Services), clearly attitudes are changing.

So what impact will SaaS have in a financial services context? Where do the adoption challenges lie? And what are the technology and cultural changes that will need to take place in banking in order for true digital transformation to flourish? Join us for what promises to be a lively evening of dinner and discussion to find out.

PROGRAMME:

6:00 – 6:30 pm – Welcome Reception & Cocktails
6:30 – 7:05 pm – Introduction from Master of Ceremonies & Guest Speaker
7:05 – 8:15 pm – Three-course dinner complemented with table discussion points
8:15 – 9:30 pm – Wrap up, closing remarks from Sopra Banking Software

DISCUSSION TOPICS:

  • The FCA recently announced that they would build their new MIFID II reporting platform on Amazon Web Services. What messages should financial institutions take from such a high profile organisation opting to have a key solution outsourced and cloud hosted?
  • What are the key organisational cultural change needs that might accompany a move to SaaS based financial services?
  • What do you think will be the  challenges for someone looking to create the world’s first SaaS enabled full service transactional bank?

To register for the event please click here

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