IDC Financial Forum Simplification in an Age of Complexity

In-Person Event | Praha | October 13, 2022

Overview

Financial entities have seen their fair share of regulatory-decreed change, but the coming years will take regulatory activity/ activism to new heights. From greener finance, ethical AI, even higher capital ratios, more transparency, a series of anti-money laundering laws, and a new focus on digital operational resiliency. Essentially the list of compliance tasks is getting longer, and the implications on the business more serious.

This hits the banks and insurance companies at a time where they are struggling to manage their cost, growth and productivity. Clearly, there is no simple solution for what’s ahead of the industry, but simplification, automation, and replication seem to be the tools to succeed in the “digital” 20s. None of these are new, but today technology is allowing banks to implement and execute these operating principles at scale across the entire organization.

Customer-facing innovation has been the key investment priority for the last few years, but as a matter of fact has often underdelivered lacking the right foundation to build on. It’s time to shift the focus inwards and put an end to the messy middle & back office and rethink operations, infrastructure, security & trust and the future of work from ground up. This means nothing less than to redesign operations and IT for trust, resiliency, transparency, sustainability, productivity, and efficiency. Profitability and better customer/ employee experiences will follow naturally.


Event Highlights


We would like to thank all the delegates and the partners who participated at this event.

A selected group of IT and business leaders came together to network and learn from IDCs analysts, inspiring speakers and dedicated advisory board members, who were at the forefront of the lively and interactive discussion.

If you missed the event or if you would like more information on any of the topics we discussed, click the button below to watch a recording or access the post-event content.


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Proceedings

To access this content, please enter the password you have received from IDC. If you do not have a password, please contact Kamila Smrckova via email, at ksmrckova@idc.com.

Agenda

Time Event & Speakers
8:30

Registration & Breakfast

9:00

Welcome and introduction

Dana Vaníčková

Associate Vice President, Country Director, Czech & Slovak Republic, IDC CEMA
9:05

Simplification in an Age of Complexity

George Briford

Research Director for Financial Insights, IDC
9:16

The power of human contact in the digital age

Robert Dohnal

Member Board of Directors, Direct family
9:29

From laggards to business leaders!

Aleksandar Aksentijevic

Software Defined Solutions Consultant EMEA, Lenovo

How to Power on new financial services? How to transform from traditional technology laggards into technology leaders in fintech. More than ever, banks and insurance companies are having to manage a fine balancing act of reducing spending at the same time prepare for future investment.

Lenovo ThinkAgile HX powered by Nutanix provides an agile hybrid multicloud platform that easily enables maximum flexibility, choice and savings for rapid business transformation.

 

9:40

The future of insurance companies

Martin Švec

CEO, Simplea pojišťovna
9:53

Powering Innovation with Cloud

Kateřina Vodičková

Enterprise Account Executive, AWS
10:04

Trust in the customer and artificial intelligence breaking down traditional standards

Michal Kročil

Chief Risk Officer, Twisto
10:17

Family silver or about data and people

Roman Cabálek

Country Manager, Dell Technologies
10:28

Bridge between the possibilities of the state and the needs of insurance companies - panel discussion

Martin Švec

CEO, Simplea pojišťovna

Michal Korejs

Head of Product, Underwriting, Claims, NN

Josef Pavlovič

náměstek ministra zdravotnictví

George Briford

Research Director for Financial Insights, IDC
11:09

Alternative payment methods

Michal Čarný

General Manager for Czech Republic and Slovakia at Mastercard
11:23

Coffee Break

12:03

Digital recruiter

Helena Široká

People&Culture Strategic Partner, UniCredit

David Menger

Founder, wingbot.ai
12:16

Next generation banking services on a flexible hyperconverged infrastructure – FNCB Bank case study

Aleksandar Aksentijevic

Software Defined Solutions Consultant EMEA, Lenovo
12:27

The future of the real estate market in the digital era

Michaela Bauer

Member of the Board of Directors / Chief Innovations, Digital and Data Officer ČSOB Group
12:40

Data as a source and object of mutual trust

Ondřej Nekovář

CISO, Státní pokladna Centrum sdílených služeb

Kateřina Uxová

Sales Account Executive, Lenovo

Petr Diviš

Account Manager, Dell Technologies

Jaroslav Machaň

Market Creating Innovations Leader, Česká spořitelna

Petr Štengl

Head of IT Operations, Raiffeisenbank
13:21

Start-up hub in a corporation

Jaroslav Machaň

Market Creating Innovations Leader, Česká spořitelna
13:35

Kate: Cloud as an accelerator of innovation and cultural change

Kateřina Vodičková

Enterprise Account Executive, AWS

Jan Zubíček

Lead Architect – Kate, ČSOB
13:47

The future of cryptoasset regulation

Tomáš Olexa

Sekce regulace a mezinárodní spolupráce Odbor regulace finančního trhu Česká národní banka
14:00

Conclusion and wrap up

Dana Vaníčková

Associate Vice President, Country Director, Czech & Slovak Republic, IDC CEMA

George Briford

Research Director for Financial Insights, IDC
14:05

Lunch and networking

Key Topics

 

 

Trust, zero-trust culture and moving towards more transparent world

 

Resiliency and how to build ecosystems that can endure the growing complexity

 

AI - smart tools, or smart marketing?

 

Productivity in the light of rising struggle over hybrid work

 

Sustainability and green IT strategies

 

How to stay profitable in hyper-regulated world

Key topics in detail

 

Resiliency

 

  • Building ecosystem partnerships for resiliency
  • The future of infrastructure is a moving target
  • Dealing with growing complexity
  • Managing third-party risk in a diverse ecosystem
  • Mitigating cyber risk exposure and financial fallout (cyber insurance)
  • Latest regulatory requirements

 

 

Trust

 

  • Moving towards a zero-trust culture
  • Invisible and frictionless security
  • Moving towards X-by-design in legacy orgs
  • Ethical AI and its impact on business use cases
  • Scaling reporting capabilities for a more transparent world

 

 

Productivity

 

  • The rising struggle over hybrid work
  • Moving workforce resilience to performance
  • The future of operations — Beyond process automation
  • AI — smart tools or smart marketing?
  • The Insurance of Things (INSoT) and the proliferation of protection

 

 

Sustainability

 

  • Green IT and procurement
  • Sustainable and inclusive financial services
  • The positive/negative ESG impact of hybrid work and digital infrastructures
  • Empowering FSIs to make informed decisions on their ESG impact
  • Sustainable data strategies

 

 

Profitability

 

  • Staying profitable in a hyper-regulated, platformised world
  • Diversifying revenue streams with value-added payment services
  • New branch strategies to turn them into profitable, customer-centric experiences
  • Next generation, data-driven AML/CTF to drive profitability
  • Taking self-service to the next level with the customer's blessing

 

More Resources

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Location

Czech National Bank
Senovážné nám. 866/30
Prague, Czech republic

www.cnb.cz

Contact Us

Kamila Smrckova

Conference Assistant

+420 778 881 901

Zuzana Rodigova

Sales Specialist

+420 732 859 663

About IDC

58 Years | 1300 Analysts | 110 Countries

International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,300 analysts worldwide, IDC offers global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. IDC's analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a wholly-owned subsidiary of International Data Group (IDG), the world's leading media, data and marketing services company. To learn more about IDC, please visit www.idc.com.