Sibos 2017 Toronto
18
Oct 17
Sibos Update

Refining the new oil and setting the standard

On Wednesday, there was a focus on data and identity, APIs, and implementing consistent standards across the global industry

The third day of Sibos 2017 saw thousands of delegates visiting the Metro Toronto Convention Centre (MTCC) to network, discuss industry challenges, and explore new opportunities.

Today’s highlights included the Future of Money Big Issue Debate, which focused on data, how it creates value and how it’s used to form predictive patterns and other insights.

Moderated by Reuters’ Carmel Crimmins, the panel included Megan Caywood (Starling Bank), Richard Koh (M-DAQ Group), and Ather Williams III (Bank of America Merrill Lynch).

With data centres heralded as the oil refineries of the digital age, real-time data is fuelling growth in the new economy. The panel discussed how the biggest challenge of Big Data is that we have too much of it; financial services organisations need to cut through the noise and analyse effectively in order to better serve customers and meet their expectations.

 

 

Visit the Standards Forum

The financial industry continues to evolve as a consequence of disruption, increased regulation, competition and customer expectations. Standards offer a viable way to work together to meet these challenges, reduce costs, accelerate innovation and unlock value.

There’s still time for delegates to visit the Standards Forum stand on Level 800 (Connect Zone), where you can engage with topic experts and learn more about the benefits standards can bring to your business.

Check out Thursday’s Standards Forum sessions.

The Open Theatres – building knowledge and partnerships

As Canada celebrates its 150th anniversary, the Open Theatres are celebrating their own 10-year celebration.

The two Open Theatres, integrated on the exhibition floor, are dedicated areas where exhibiting companies can present their latest research papers, reports, or case studies that are relevant to the Sibos community. There are over 60 sessions in total, covering topics such as instant payments, client-centric banking, and blockchain.

SKETCH – the Sibos 2017 charity partner

Delegates have been enjoying unique artworks by SKETCH on the MTCC bridge, as well as helping to raise funds for the organisation by playing the ice hockey challenge game at the SWIFT stand.

On Wednesday, SWIFT CEO Gottfried Leibbrandt presented SKETCH with a cheque donation of 40,000 Euros.

Sibos 2017 Toronto CSR

Thanks to all delegates for their support!

The final day

Tomorrow is the final day of Sibos 2017, and features the final Big Issue Debate on disruptive innovation and artificial intelligence. The panel is comprised of experts and leaders from the financial industry and beyond, who will debate the rise of machine learning and the transformative potential of the latest developments.

Microsoft’s CEO Satya Nadella will then give the closing plenary address at 16:00, looking at how technology is impacting every aspect of our society and economies.

Be inspired at the closing event

This year’s Sibos closing event will be a two-hour cocktail reception, where delegates can enjoy a final high-level networking opportunity over some drinks.

The cocktail reception will start after the closing plenary finishes at 17:00 tomorrow. It will take place in the Constitution Hall at the MTCC, next to the John Bassett Theatre (Level 100/Inspire Zone) that hosts the plenary sessions.

All delegates with a week-long pass, or a Thursday day pass, will be able to attend. Sibos shuttle buses will be on hand until 19:30 to take delegates back to the official Sibos hotels.

We hope you can join us to toast a successful Sibos 2017.