Unleashing the power of data: Enabling sustainable practices, innovation, and regulatory compliance in financial services

Sponsored by NetApp

Thursday 7th September

1 Lombard Street

In the rapidly evolving landscape of the financial services industry, sustainability, innovation, and regulatory compliance have emerged as critical areas of focus. Investors now scrutinise environmental, social, and governance (ESG) factors, while consumers exhibit greater awareness and demand for sustainable practices. Regulators and policymakers are also intensifying their interest in these matters.

The industry also faces challenges posed by changing customer needs, intensified competition from both established players and agile newcomers, and the necessity for greater agility made possible by technological advancements. Regulatory compliance, with an increasing acceptance of cloud technology in financial services, necessitates further control and frameworks, such as the Deployment of Regulatory Applications (DORA). In addition, the disruptive potential of Artificial Intelligence (AI), particularly Generative AI (GenAI), requires a stronger emphasis on trustworthy, ethical, and explainable AI models.

Recent incidents involving financial organisations, like the collapse of SVB, have heightened the industry's focus on risk management. To address these diverse areas effectively, there exists one common denominator that can support activities in all three domains – a better use of data.

In this FStech and NetApp roundtable event, senior peers from across the industry will discuss interconnectedness of sustainability, innovation, regulatory compliance, and data utilisation. Attendees will identify synergies between these seemingly disparate areas and generate actionable insights that can help financial institutions navigate the evolving landscape successfully through the better use of data.

Topics for Discussion:

• What are the current challenges faced by financial institutions in achieving comprehensive data visibility across various systems and processes within their organisations?
• How can enhanced data visibility contribute to more accurate risk assessment and regulatory compliance in the financial industry?
• How can financial institutions leverage data to drive sustainable practices and meet the increasing demand for ESG considerations from investors and consumers?
• In what ways can data utilisation play a crucial role in driving sustainable innovation?
• What are the potential benefits and drawbacks of implementing advanced data visualisationtools and techniques to improve data visibility in finance?
• How can financial institutions ensure data privacy and security while implementing data visibility measures, especially considering the increasing threat of cyberattacks and data breaches?
• What role does data governance play in establishing and maintaining data visibility standards and practices in the finance sector?
• How can emerging technologies, such as artificial intelligence and machine learning, be leveraged to enhance data visibility and drive actionable insights in the financial services industry?

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