THE DIPLOMAT BUCHAREST organizes FINANCIAL FORUM event in online format, on April 21, 2021, between 15:00- 17:00.
The event will be held in English language with LIVE TRANSMISSION on major social media platforms and event website.
Registering link: https://us02web.zoom.us/webinar/register/WN_0lsaTUv3QHyFp627SUUgfg
The conference joins leaders spearheading digital initiatives in their organizations in to offer insights into their digital transformation journey’s in fintech&banking, as well in capital markets and insurance.
The fast evolution of digital in all industries mirrors in the behaviours and innovations broughts by banks, financial institutions to meet the clients’ needs to abstain from overspending, navigate risks, and usually deal with their finances better. FinTech services and products are more and more designed for particular functions inside the financial ecosystem and cusmotization is key to win more clients and portfolios.
INTEROPERABILITY | NEOBANKING | REG-TECH | CUSTOMER EXPERIENCE | DEEP DATA ANALYTICS | CYBER-SECURITY | ROBO-ADVISING
CAPITAL MARKETS | INSURANCE
15:00-16:00 | CEO Talks:
- SEBASTIAN BURDUJA, Vice-Chairpersons, Committee for Budget, Finance, and, Banks , Chamber of Deputies
- RADU HANGA, President, BSE
- OVIDIU PETRU, Capital markets expert, ASF (Financial Supervisory Authority)
- HENK PAARDEKOOPER, CEO, First Bank
- IVAN VRHEL, General Manager, Citibank Romania
16:00-17:00 | PANEL DISCUSSIONS
- LEONTIN TODERICI, Deputy CEO, Banca Transilvania
- MARIAN IGNAT, Executive Director -Head of Retail Distribution at BCR
- Prof. Univ. Dr. MARIAN SIMINICĂ, Executiv Director, ISF
- ANDREI GAMAN, Commercial Vice President -Banking Europe, FintechOs
- IULIA MALIOUKIS, Senior Manager, Banking Expert, Horváth & Partners
- ADRIAN DUMITRIU, CFO, Chimcomplex
- LIVIU DRAGAN, CEO DRUID
GABRIELA FOLCUT, Executive Director, ARB, Event Moderator
REGULATORY & AUTHORITIES
Updates on legal and legislative frame, regulations and the authorities’ voice. Sector’s reforms and strategy, industry’s regulators and authorities’ revise and expectations. Risks & liabilities of different fintech solutions (such as peer- to peer lending platforms), regulations and data privacy updates.
ADDRESSING THE REG-TECH
The financial industry is a highly and strictly regulated sector and with the rise of fintech and its application in banking, require a more attentive aproach of reg-tech. This indicates new tech solutions that enhance and organize regulatory procedures. Reg-Tech has evolved regarding the highest institutional demand that has appeared from the massive development of compliance expenses.
FINTECH & BANKING: INTEROPERABLE IN THE BENEFIT OF CLIENTS
Unleashing the potential of fintech in banking is a surging need that highlights the fast uptahe of clients to innovative and intuitive financial services. As EY report shows, FinTechs increasingly recognize the significant costs of customer acquisition in financial services and barriers to cross-border business that banks are well-equipped to bridge. Furthermore, more emerging FinTechs recognize the opportunity to have a role as part of a broader banking ecosystem, developing technology that can help transform an industry, not just support one bank.
CAPITAL MARKETS & INSURANCE
Digital transformation was already underway, but 2020 provided a perfect catalyst for acceleration. The business of capital markets &insurance is entwined more closely with technology than ever before. Despite a revenue boost this year the outlook for capital markets remains challenging; making the right investment decisions requires understanding which area will have the highest impact at the intra- and inter-firm levels as well as understanding the change needed on the entities’ business culture and technical state.
THE ROAD-MAP TO THE ONLY DIGITAL BANKING
The classic banking is long-time over. In Romania, there is a strong need to non-digital clients to visit the branched and get their feedback and advising from a real person instead of an online app or automatized machinery. The digitalized scale in Romania is still low in terms of population but most of population is at a level or another, operating bankign transactions. How will Romanian sector of banking and fintech work together and fill the gap?
CYBER SECURITY IS PARAMOUNT TO WIN THE TRUST OF CLIENTS
The speed of digital transformation across the financial landscape continues to accelerate and two main actors, banking and fintech already work in close partnership. In the increasingly cyber-based ecosystem of the world economy, the cyber threat is a real risk. Hence, it is essential o companies, banking fintech, third parties to attentively assess, prevent and diminish this risk before it takes effects and the education of clients is a major part of this approach.