Digital-First Financial Services:
What It Means to Be Digital in 2022
Thailand | August 25, 2021
Overview
Recovery in A Different Way
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 Thailand Conference: Financial Insights Agenda
Speakers
Meet IDC’s top analysts and industry experts.
Michael Araneta
Associate Vice President, Head of Advisory & Research, IDC Financial Insights Asia/Pacific
Dev Dhiman
Managing Director Asia Pacific, GBG Plc
Polawat Witoolkollachit
Chief Information Officer, Krungthai Bank
Nitin Parmar
Partner, Financial Crime Unit, PwC South East Asia Consulting
Cyrus Daruwala
Managing Director, IDC Financial Insights Asia/Pacific
Clay Miller
Senior Executive Advisor, IDC Financial Insights Asia/Pacific
Gunal Kannan
Area Vice-President, PreSales, BMC APJ
Nick Wilde
Managing Director - Asia Pacific, Thought Machine
Anton Ruddenklau
Partner, Head of Financial Services Advisory (Designate), KPMG Singapore
Sponsors
BMC
Today’s businesses won’t see tomorrow without embracing tech-enabled disruption and adapting and evolving to meet the demands of the digital future. The path to an Autonomous Digital Enterprise — a state in which intelligent, integrated, value-creating functions operate with minimal human involvement across every facet of the organization and its ecosystem—begins with solutions that maximize the efficiency of your existing operations so you can deliver the innovative services and capabilities that attract and retain customers. Our industry-leading solutions help IT with artificial intelligence, automation, optimization, performance, security, and service management, covering everything from mainframe to multi-cloud. The BMC portfolio of open, scalable, modular technologies ensures that our customers can run and reinvent their businesses for growth and competitive edge while optimizing cost, performance, and security—just as we do, every day.
GBG
GBG (AIM: GBG) is a global technology specialist in fraud and compliance management, location and identity data intelligence with offices in 18 locations worldwide. For over 30 years, GBG has been accessing and verifying identities, to the standards set by financial regulator. GBG works with 20,000 customers across 70 countries, and has a network of over 270 global partnerships connecting to more than 510 datasets to provide data with accuracy and integrity. The industries we serve include traditional banks, financial services, BNPL, fintechs, telco, government services, retail, and wagering organisations.
GBG is classified as a global category leader in KYC, AML and enterprise fraud, and manages the entire customer journey from KYC/AML to digital onboarding to ongoing transaction and payment monitoring. Under the financial crime solution pillar, GBG’s award winning enterprise digital risk management and intelligence platform manages end-to-end fraud and compliance needs providing layered data intelligence and machine learning to enhance fraud detection and accuracy. GBG’s solutions primarily serves banks and fintech. In APAC, our customers include nine out of ten top tier banks in Malaysia, such as AmBank, four out of the seven BUKU 4 banks in Indonesia, global banks such as Citibank and HSBC, regional banks, major wagering players like Tabcorp and Buy Now Pay Later (BNPL) operators such as the hummgroup in Australia.
Thought Machine
Thought Machine was founded in 2014 with a mission to enable banks to deploy modern systems and move away from the legacy IT platforms that plague the banking industry. We do this through our cloud native core banking platform, Vault. This next generation system has been written from scratch as an entirely cloud native platform. It does not contain a single line of code which is legacy, or pre-cloud.
Founded by entrepreneur Paul Taylor, Thought Machine’s customers include Lloyds Banking Group, SEB, Standard Chartered, Atom bank, Monese, TransferGo and Curve. We are currently a team of more than 500 people spread across offices in London, Singapore, Sydney, Melbourne, New York and have raised more than £110m in funding from Eurazeo, Draper Esprit, SEB, British Patient Capital, IQ Capital, Playfair Capital, Nyca Partners, Lloyds Banking Group and Backed.
TigerGraph
TigerGraph is a platform for advanced analytics and machine learning on connected data. Based on the industry’s first and only distributed native graph database, TigerGraph’s proven technology supports advanced analytics and machine learning applications such as fraud detection, anti-money laundering (AML), entity resolution, customer 360, recommendations, knowledge graph, cybersecurity, supply chain, IoT, and network analysis. The company is headquartered in Redwood City, California, USA.
For more information, please visit www.tigergraph.com