• Thursday, 5 September 2019, Colombo, Sri Lanka
  • (+65) 6236 6521

Finance Sri Lanka 2019

Thursday , 5 September 2019, Colombo, Sri Lanka

The sessions will be highly experiential in format with opening and closing keynotes, plenary session and dialogues with working luncheons.

  • TIME
  • AGENDA
08:30 – 09:00

Registration


09:00 – 10:00

Welcome Address

Opening Keynote

International Keynote

Leadership Dialogue

Trends and developments in retail financial industry – Challenges in the process of digitisation

The promise of profit for retail banking in the future, is it vanishing?

The impact of regulations on the industry

Digitisation and data to dominate alongside blockchain, artificial intelligence, and open banking making waves in the financial sector

Financial inclusion and the unbanked, where are they now?

Disruptors and challengers redefining established market boundaries

Roadmap for sustainable finance in Sri Lanka – Effectively managing environmental, social, and governance risks


10:00 – 10:30

Tea/ Coffee Break


10:30 – 11:30

Rethinking Customer Experience in the Digital Economy

How does AI transform the way in which we talk to customers, invent products and services, and organise ourselves for competition?

Should financial institutions be investing in AI or buying these services from technology players who are better invested?

What are some of the limitations of algorithms and how should we guard against biases?

Productive use of data and analytics for better customer insights and informed decision-making

Innovative ways to provide financial services to un/-der banked and SMEs


11:30 – 12:15

Going Cashless – The Digitisation of Payments and Steps Towards Financial Inclusion

The latest developments in payments landscape

The increasing use of QR codes across the region

Breakthroughs in cross-border payments and remittance industry, in lowering technology costs, foreign exchange costs, and speed of delivery

Distributed ledgers and blockchain, is it really a game changer? Use of blockchain to expedite effective transmission of money

The launch of the National Card Scheme – another milestone in local payments landscape


12:15 – 13:00

Dealing with the Vulnerabilities and How to Keep Business Safe

Financial institutions are vulnerable to frequent and sophisticated cyber-attacks as well as system disruptions. In this session, we will feature leaders who will articulate how they have started including cybersecurity into their overall strategy. They will demonstrate familiarity with areas such as digital identity, machine learning (ML), big data, and how these tie in with their business models.

Cybersecurity as a leadership strategy in the networked world

Use of internationally-recognised core cyber standards and frameworks in the management of cyber risk

Security architecture for a digital bank

Enhancing institutional cyber-resilience through blockchains

The dark net, including bitcoin use and ransomware


13:00 – 14:00

Luncheon


14:00 – 15:00

The International Innovation in Finance Council for Sri Lanka

This international council will be made up of decision makers from local banks, start-ups, unicorns, and P2P players as well as investors from the region. The Council will meet annually to:

Exchange views between investors (both traditional banks as well as private equity players and the major start up accelerators) on key future of finance themes developing in Sri Lanka

Get a glimpse of the “investible ideas” emerging in the country

Have a glimpse of breakthroughs of innovations in banks and traditional institutions themselves

Opening Address

Presentation on Key research findings on vital areas where we see innovation turning up in Sri Lanka and some of the issues faced by Foo Boon Ping, Managing Editor, The Asian Banker

The Innovation Leadership Dialogue

The rise in investment funds, angel, and venture capitalism

The risks and statistics of start-up failures

Laws and regulations to drive innovation while ensuring secure P2P lending and development of the digital economy

How banks incubate a start-up in their midst


15:00 – 16:00

Presentations by the shortlisted Fintechs

Short presentations by local financial institutions and fintech companies and potential in the market in the following areas, not limited to:

Branch innovations

Financial inclusion

Bitcoin applications

Block chain and distributed ledgers

P2P lending platforms

Banking through wearable technology

Online and mobile platforms

The Council will converge to hear from the best-in-class innovation cases and select the top innovative start-up


16:00 – 16:30

Tea/ Coffee Break


16:30 – 17:30

Embracing Disruption and Preparing for the Future

The financial services ecosystem is entirely different to what it was a decade ago, with political upheavals, economic uncertainty, and planning for numerous regulatory changes coming into effect in 2019. But are we safe to say that we are better off? The rapid speed of technological change is dismantling traditional institutions and mechanisms for governance, which has led to an implosion of trust.

This session will focus on how the financial services industry can use current innovations to align to the needs of their customers.


17:30

End of Convention


This is a working agenda, content and speaker will be updated on a timely basis

For more details please contact:

Usama Muhammad Senior Program Manager musama@theasianbanker.com Tel: (+92) 333 5679791