Sibos Update

Sibos 2018 launches in Sydney

Today’s highlights 

Sibos 2018 is under way and Day 1 set the week in motion with a wealth of sessions and experiences to whet your appetite for the days ahead. At the Opening Plenary, Shayne Elliott, CEO of ANZ, described the threat to the universal banking model from a lower cost of digitalisation, warning that banks must be agile in order to decide on their future model.

Chairman Yawar Shah updated on a year’s progress and SWIFT’s enhanced engagement model. CEO Gottfried Leibbrandt gave a view of initiatives under way and how SWIFT is partnering to enable change. “Change favours the open mind,” he said, “If you do not expect the unexpected, you will not find it.”

In the first Big Issue Debate, ‘Re-engineering international payments for a fast, digital age’, a panel of experts discussed how the international payments landscape is evolving in response to new entrants and innovative technologies. 

Innotribe’s opening and keynote with Brett King and Annerie Vreugdenhil was packed as King set the scene for the week’s 2030 viewpoint with a vision of the future where technology and people are closely integrated. The first day’s theme – Trust – got right to the heart of a feature of payments that is set to change rapidly, and participation in the Curated Networking session with Ghela Boskovich was animated. Ghela said, “Progress is Darwinian — only the banks that adapt nimbly to distributed trust will prosper in a changing ecosystem.” The Discover Zone’s launch event featured Australian stars John Eales and Gabriella Cilmi – a great conclusion to Innotribe’s first day. 

Insights and information

Don’t forget that if your particular subject of interest isn’t being addressed in the main sessions, there are numerous specialist sessions taking place across the ICC, from the Open Theatres to the smaller meeting rooms. Use the Sibos App to search by content stream, by session type, or by track – or access the full programme online

Have you used the Pit Stops yet? The ICC Sydney offers five, each providing free food and refreshments and a convivial atmosphere for those impromptu meetings.  Find four on L1, with a fifth on L4 that features a large seating area.

If you need to take a break, make your way to the Sibos Garden on L4 – an oasis of calm where we’re holding business-suit Tai Chi every morning for a dose of tranquility to start the day.  

Have you downloaded the Sibos App? 

Coming up tomorrow

Join the first of our new Sibos Breakfast Keynote sessions at 9:00am for a light breakfast and inspiring speech from Parag Khanna, looking at the megatrends reshaping our world – today and for the future.  The  Big Issue Debate will look at whether a cyber 9/11 event inevitable in the plenary room at 11am. Bloomberg’s Ed Johnson moderates an impressive panel. 

Social and networking opportunities  

Innotribe’s theme of the day is Quantum Computing, and the day’s Anchor, Dr Leda Glyptis, will lead the Curated Networking Session at 4:30pm to crown an in-depth and informal discussion of points and predictions during sessions through the day. 

Join the Standards Forum event at the SWIFT Hub between 4.30 to 6.00pm  to celebrate the biggest community consultation of the year, the ISO 20022 migration study, followed by the Compliance Cocktail Reception at the Harbourside Café, overlooking Darling Harbour from 5.30 to 7.00pm.