Welcome

 Unlocking innovation in banking: Overcoming cloud transformation hurdles

Sponsored by Rackspace Technology
Thursday 18 July 2024
Searcys at The Gherkin, 30 St Mary Axe, London EC3A 8EP

As digital disruption accelerates across the financial services sector, banks must urgently modernise their technology infrastructure to remain competitive.

This FStech roundtable, sponsored by Rackspace, will explore intelligent strategies for overcoming key challenges in achieving successful cloud-enabled digital transformations. A central focus will be navigating the complexities of seamlessly integrating siloed legacy systems, databases, and applications with modern cloud platforms, SaaS, and fintech solutions. Attendees will discuss architectural approaches for building secure, resilient, scalable hybrid cloud environments to handle rapidly fluctuating transaction volumes.

Participants will examine data management in the cloud, securing buy-in from leadership and regulatory leaders, upskilling staff, and implementing organisational change management. In addition, attendees will also explore best practices for utilising AI, machine learning and advanced analytics in order to unlock benefits like enhanced risk modelling, fraud prevention, hyper-personalisation and predictive intelligence.

Topics for discussion

• What is the biggest challenge for business units in obtaining best value from technology?
  
  
• How are you measuring and tracking the business benefits of your cloud initiatives? Have the actual costs and resource requirements aligned with your initial projections and business case?
  
  
• As cloud adoption matures, some organisations are finding reasons to repatriate certain workloads back on-premises. What factors are driving these "cloud repatriation" decisions, and how can they be proactively addressed?
  
  
• With data volumes continually expanding, how are you future-proofing your data strategy and infrastructure to handle anticipated growth while maintaining performance, security, and cost-efficiency?
  
  
• How are you addressing the challenges of data egress costs, vendor lock-in risks, and maintaining portability as your data footprint in the cloud grows?
  
  
• What strategies have proven effective for gaining executive buy-in and fostering a data-driven, cloud-oriented mindset throughout your organisation during digital transformation initiatives?
  
  
  

Timings for the evening:
18:00 – 18:30       Welcome and refreshments
18:30 – 20:00       Introduction to fellow guests and roundtable discussion
20:00 onwards    Complimentary three-course dinner

Brought to you by FStech