Recovery in a Different Way:
A New Cycle of Tech Investments
in Financial Services

Indonesia | August 25, 2021




Overview


Recovery in a Different Way: A New Cycle of Tech Investments in Financial Services

It is time to talk about recovery! IDC Financial Insights brings to Asia/Pacific our most recent work on the frameworks that banks, insurers and capital market firms are using to find success in 2021 and beyond. The research highlights that there are several areas of investments that are heating up: cloud-based core system migration, the reinvigorated Open Banking agenda, customer-centric business processes, continuous innovation principles and the trifecta of privacy-identity-trust.

This shows us that financial institutions are set to go beyond crisis recovery, to attain new capabilities never seen before in the industry. These new business and tech capabilities point to how financial services can be brought to a whole new competitive playing field.

At the IDC Conference: Financial Insights, lend your expertise to enable the industry to manage their recovery like a game of chess. Besides having a plan, financial institutions need to make the next move. Be the one to put the chess pieces back together when it all falls apart.

IDC Indonesia Conference: Financial Insights Agenda

Time Event & Speakers
10:00

How a Crisis Changed Us for Good

Michael Araneta
Associate Vice President, Head of Advisory & Research, IDC Financial Insights Asia/Pacific
IDC Financial Insights Head of Research, Michael Araneta, presents the biggest themes driving the new cycle of tech investments in financial institutions in Indonesia, based on IDC research findings. These drivers of investments are organised into revamping legacy applications and processes, rebuilding internal capabilities to re-accelerate digital transformation, and reinvestment into capabilities to sense and respond to the new realities of our times.
We see the return of trends sidelined because of the challenges of the pandemic – all taking a new spin: everything from Open Banking and Open APIs, data-to-digital, sustainability and ESG compliance, and risk and finance integration – we see massive reinvestment in these great programs to "transform," making up for lost time.
10:10

Build, Buy or Rent: The Most Effective Strategy Against Financial Crime 4.0

Michael Araneta
Associate Vice President, Head of Advisory & Research, IDC Financial Insights Asia/Pacific
Dev Dhiman
Managing Director Asia Pacific, GBG Plc
10:40

Live Chat on Core Banking Transformation

Michael Araneta
Associate Vice President, Head of Advisory & Research, IDC Financial Insights Asia/Pacific
Nick Wilde
Managing Director Asia Pacific, Thought Machine
11:10

Live Chat

11:40

Gold Partner

12:10

End-User Speaker

12:30

Dialogue Partner

12:50

Thought Leadership Partner

Sponsors

Live Chat Sponsor
Diamond Partner

Don't miss IDC Conference: Financial Insights