Sibos: Closing plenary

Professor Genevieve Bell, Senior Fellow at Intel Corporation, cultural anthropologist, technologist and futurist will deliver the closing plenary address at Sibos 2018 Sydney. Professor Bell will share her unique perspective on the intersection of cultural practice and technology development.

Sibos: Opening plenary

The welcome address will be given by our guest speaker, Shayne Elliott, CEO of ANZ. Mr. Elliot’s address will be followed by the SWIFT plenary. SWIFT’s Chairman of the Board, Yawar Shah, and SWIFT’s CEO, Gottfried Leibbrandt, will share their perspectives on the last 12 months, the industry challenges ahead, and SWIFT’s role in addressing them.

Blockchain in the securities industry: From use case to business case

The Australian Securities Exchange will switch on the world’s first industrial-scale blockchain in financial services in Q1 2021. What will change, and why? Backed by market infrastructures, blockchain has arguably reached an inflection point. How could DLT change the custody industry by adding value and efficiency?

This is a very important change to the ASX.

A view on the evolution of FS cyber attacks

We will examine the hypothesis that cyber security attacks by Advanced Persistent Threat (APT) actors who have targeted SWIFT members over the past 24 months will evolve from payments and target areas further along the financial services value chain such as market infrastructures, FX and securities. The view has been developed with the participation of SWIFT community members and other relevant parties such as regulators, national banks and SWIFT themselves to validate the hypothesis and establish views on the evolution of the APT cyber threat to the financial services industry.

Trade as an investible asset class

Surath Sengupta, Global Head of Trade Portfolio Management & Distribution at HSBC, and an expert panel will be sharing views and discussing the evolution of Trade as an asset class and its growing demand with non-bank investors. The session will explore the potential of Trade Finance as a facilitator to the global economy and an opportunity for bank and non-bank investors to invest in a low-risk short-tenor asset which helps finance the real economy.

Infrastructure for crypto asset markets

Crypto assets are a new asset type that remains largely unexplored by the institutional investors. The unclear legal nature and lack of trustworthy infrastructure has prevented the big money from flowing into cryptocurrencies and ICOs. As the regulators take first steps to define and structure it, the investor rights protection still remains a large issue.
As crypto market startups slowly learn how to make their services reliable, they threaten to take over the functions provided today by the CSDs and global custodians. How should traditional FMIs respond to this threat?

Exchange Services: Innovation Meets Tradition – Crypto, or Kryptonite?

Crypto currencies and other tokenized assets are considered to be the asset class of the future. Unfortunately, the current environment makes it very difficult – if not impossible – for institutional and other professional investors to trade them. The expectation is that an entity should be responsible for the processing of transactions which makes sure that investors’ needs are properly considered. In addition, KYC and AML processes in the trading of crypto currencies are not yet seen as sufficiently robust for serious institutional engagement.

The need for improving collateral mobility – HQLA as a driving force

The session will address some major issues in today’s securities lending markets, such as the need for improving the mobility of liquidity across pools of collateral currently residing in disparate custody accounts.

Individuals from banks, custodians, market infrastructures and a FinTech will discuss how the need for a better HQLA management - eventually achieving increased efficiencies as well as better monetisation - has further pushed initiatives that substantially improve collateral mobility.