The growing importance of the RMB currency and its role in financial markets is evident. The rapid growth of Hong Kong’s renminbi (RMB) market (the CNH market) since its inception has been one of the most significant developments for investors and risk managers with RMB exposure. As the internationalisation of the RMB accelerates, the demand to hedge currency risk in the CNH market is increasing.
The explosion of unstructured data volumes held in Hadoop coupled with the regulator and internal stakeholders’ ‘on demand’ queries, is driving the need for in-memory and predictive analytics in capital markets. Use cases in risk, finance and post trade data are driving the next generation analytics infrastructure. Hear SAP’s view on the way forward with real-world use cases.
The transformation decade in wholesale transaction banking: Insights from the Boston Consulting Group's global payment model
A variety of powerful forces are transforming wholesale transaction banking. The historical drivers of change, globalization, regulation, and technological advancements are now turbo-charged.To help bankers navigate the changing landscape and stay ahead, BCG will share its insights on key trends in revenue growth, business models, and client needs.
The digital economy is rapidly changing how businesses and people interact. As technology advances and payment processing moves towards real-time how will banks position themselves in the digital economy and manage this shift towards real-time payments? Faster payment processing introduces new implications and changes to the workflow and administration. Who are you going to offer real-time payments to and what are your controls? With new real-time payment initiatives on the horizon how do you position your organization to be at the forefront of the digital revolution?
This would be a macroeconomic/political debate on the biggest topic facing everyone involved in European business and everyone attending Sibos. The aim would be to get different points of view on how to resolve the eurozone crisis, how to keep the EU together, the migration challenge as well as banking issues such as banking union, capital markets union, a eurozone-wide deposit guarantee scheme and the role of the ECB. It would be a particularly interesting debate to have in Geneva, as we could also get the Swiss view on its arrangement with the EU.
Strategies for improving the payment and settlement infrastructures adopting advanced and proven technologies including international standards - Challenges and opportunities aiming at year 2020 and beyond
In recent years, financial services and supporting technologies in particular in the field of payment and settlement systems have been evolving drastically and globally. Under such environment, central banks in Europe, North America, and Asia have been trying to catch up with or even lead the trend proactively improving their system infrastructures not only for high value payment systems such as TARGET2/T2S, Fedwire, and New BOJ-NET, but also retail payment systems including faster payments taking advantages of new technologies and International Standards.
Cost efficiency has been at the forefront of arguments for moving from paper-based to electronic payment instruments. However, inefficiencies persist, with cash still being “king” and the cheque still dominant in many countries. Data on the costs of payment instruments would be valuable in developing a strategy to improve countries’ retail payment systems, but it is rarely available.
Digitization is fundamentally changing the competitive landscape in securities services as well as the value chain, client offerings, and sourcing arrangements. Clients are demanding more customization, more advanced solutions while continuing to put pressure on cost. At the same time, regulators are expecting providers to be able to explain to them the design and implementation of digital solutions and operating models.
The Nordic societies are the most digitised in the world. Banks, businesses and the public sector are soon fully digitised. What are the key takeaways and how can other regions learn from the Nordics? Learn about the great digital achievements in the Nordic region and the way towards a cashless societies, as well as digitisation and simplification in Nordic banks.
The market infrastructure operators in the U.S. – the Federal Reserve Banks and The Clearing