In recent years, tech giants and digital-native companies have been investing heavily in new technologies and AI to emerge as industry leaders. In the banking sector, utilising data analytics tools is a major factor to add value to their customers by offering digital products and services which require a deep understanding of the end-user demands and also allow fast and direct access to unified data. In this session, we will discuss and evaluate the potential of AI and advanced technologies to enable large-scale digital transformation.
The adoption of the cloud is a necessity for FIs to modernise their legacy data infrastructure and achieve operational resilience, scalability and security. The technology has significant opportunities in terms of its capability to increase productivity, revenue, and deliver customised products to enhance digital experience. In this session, we will discuss how banks can leverage the cloud to improve business performance at a lower cost and ensure data security to meet the ever-evolving regulatory compliance.
Cyberattacks are rising with the continuous developments in advanced technologies. Looking into the future of cybersecurity and its impact on financial services, cyberthreats are always on the frontline in the digital transformation journey which is attracting significant cyber risk. In this session, we will identify the latest cybersecurity trends and how banks are combatting the increased cyber-attacks and financial crimes while securing customer data, mitigating third-party risk, and maintaining regulatory compliance.
FIs must accelerate their digital transformation journey. The demand of the tech-savvy generation, the rise of digital banks and the continuous change of the regulatory frameworks are shaping the future of the financial services industry. Hence, incumbents have to heavily invest in advanced technologies to drive more digital services and personalised products to remain competitive and compliant.
This annual dialogue involves CIOs, CISOs and heads of technologies from more than 20 countries from the Asia Pacific, Middle East and Africa. The dialogue will cover a comprehensive range of key issues and best practices in the industry: