February 23, 2019 | Written by: Stephen Mortefolio
Categorized: AI | Banking | Blockchain | Cloud | FinTech | Security
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Three years ago, banks were looking at fintechs with a wary eye. Two years ago, they were appointing chief innovation officers to dip their toes in with proof-of-concept projects or in-house incubators. Now, they are all in. From the open banking regulatory initiatives in the UK and Europe to the opensource, hybrid cloud strategies that are quickly becoming industry standards, financial services institutions are primed for broad, enterprise scale transformation.
That is what we will be tackling at this year’s Reinventing Financial Services event—apply to attend here.
This paradigm shift is not only changing the landscape of the market—with fintech consolidation and new partnerships that would have seemed like odd bedfellows a mere 36 months ago—but it is changing organizational design, hiring and training philosophies, and even the role regulators see themselves playing.
Moreover, the successful transformations are led from the top, by transformational leaders. Leaders who come together across business lines and IT functions to overcome the challenges presented by siloed, legacy technologies. They are turning cost centers to profit centers by monetizing newly digitized interfaces and databases. They are training unbiased AI to better serve an expanded customer base, across digital and physical interactions. They are reorganizing around agile, cross-functional teams that surface the best ideas and implement them in record time—all while promising privacy, security and compliance.
In its third year, Reinventing Financial Services, our flagship event for U.S.-based financial services C-level executives, will focus on the transformational leader who is innovating at enterprise scale. I encourage you to apply to attend.
Reinventing Financial Services is a one-day, invite-only event on May 21, 2019 in New York City—co-hosted by IBM, American Banker and Digital Insurance. The event convenes over 100 C-level executives from across lines of business and IT functions for peer-to-peer discussions on the industry’s biggest challenges and solutions.
Moderated by U.S. News & World Report Editor-in-Chief and Chief Content Officer, Brian Kelly, the day’s sessions include:
- Keynotes from IBM Senior Vice President, Cognitive Applications, Bob Lord and IBM Senior Vice President, Cloud & Cognitive Software, Arvind Krishna
- A panel of chief digital officers discussing transformative technologies
- A keynote case study looking at how an incumbent became the disruptor
- A cross-functional panel on talent strategies for the future-ready institution
- A CEO panel, hosted by the CEO Forum founder, Robert Reiss
- Breakout sessions covering open banking, organizational redesign, regulator-led innovation, and AI-maturity
- A panel on data and the intersection of privacy
I encourage you to learn more about the event, watch videos from past events, and apply to attend at our:
–>Reinventing Financial Services website.