IDC Financial Services Congress 2023 to explore industry trends reshaping business

By Arya M Nair, Official Reporter
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Financial Services Congress

International Data Corporation (IDC) will showcase exclusive insights from respected industry thought leaders as they discuss the latest trends and strategies shaping digital transformation in the BFSI space, at the IDC Financial Services Congress 2023, which will take place at The Ritz-Carlton, Dubai International Financial Centre (DIFC) on June 13.

Addressing the financial landscape which continues to rapidly evolve and how industry players rethink their business models to establish the digital infrastructure required to drive future growth, the event will be held under the theme ‘The Adoption and Utilization of All Things Digital’.

“Across the Middle East, financial institutions are embracing global industry trends to create a new ecosystem. The adoption of digital transformation is the key strategy that will propel the industry forward and enable institutions to meet tomorrow’s challenges,” said Mr. Cyrus Daruwala, managing director of IDC Financial Insights Asia/Pacific, who will present the congress’s opening keynote, ‘Simplification in an Age of Complexity’.

“Traditional financial institutions are facing stiff competition from digital banks and insurers that use data to deliver innovatively products and services. To overcome these challenges, they must look to embrace an organizational culture that prioritizes trust, resiliency, transparency, sustainability, productivity, and efficiency for the digital-first BFSI organization,” Mr. Daruwala added.

The event will feature keynote speeches, presentations, and panel discussions on a variety of critical topics, including open banking, cloud management, AI/ML integration and industrialization, digital core systems, innovation excellence, cybersecurity risk typologies, frictionless banking, financial wellbeing, financial inclusion, employee empowerment, digital trust, and customer consent.

It will also showcase first-hand end-user perspectives from senior representatives of prominent financial institutions, including:

  • Somnath Sarkar, Executive Vice President & Group CISO, Mashreq Bank
  • Saud Al Dhawyani, Chief Technology Officer, Emirates NBD
  • Barrak Al Mattar, General Manager, Information Technology, Kuwait International Bank (KIB)
  • HaroonDurrani, Head of Dubai First Cards & Digital, First Abu Dhabi Bank (FAB)
  • Salil Ahuja, Head of Products, Portfolio & Value Proposition, First Abu Dhabi Bank (FAB)
  • Evren Altiok, Chief Operating Officer, Commercial Bank International (CBI)
  • Muhammad Rashid, Chief Compliance & Risk Officer, Jingle Pay
  • Samy Massoud, Regional Head of Technology Delivery, PayTabs

The IDC Financial Services Congress 2023 will present a unique opportunity for BFSI organizations to learn, network, and gain insights into the Middle East’s latest digital transformation developments. For more information about the event, contact Ms. Sheila Manek at [email protected] / +971 4 446 3154. You can also join the conversation on social media using the hashtag #IDCBFSI.

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