Summary

The ability to respond faster to opportunities and disruption is a strategic imperative for financial institutions. However, many critical processes are still manual, time-consuming and getting even more complex when dealing with multiple entities inside or outside the organization.

Business leaders recognize the importance of removing frictions in the operational workflows that requires constant verification and scrubbing of data to mitigate risk.

Over the past few years, blockchain has matured to become a useful business tool to share data across organizations while ensuring privacy surrounding permissioned data, adding a trust layer to multi-party transactions, and improve many of the operational back-office processes and increase agility.

Join a select group of industry experts to discuss how to improve multi-party transactions with trust and achieve operational excellence you desire.

Agenda

Thursday 4th February 2021
Tuesday 2nd February
11:00Welcome and Introductions

11:10Financial services in the pandemic era

Short presentation by IBM providing a brief overview of blockchain and how it is improving financial services with key use cases. E.g. trade finance, bank guarantee, digital asset management, clearing & settlement
11:20Discussion

  • Are there friction points in your business processes that you would like to solve? What challenges and opportunities do you see with removing those friction points?

  • How much time, money and effort do you spend on removing those frictions? E.g. managing counter-party risks, process dependencies, data cleansing and data validation

  • How trustworthy is your data, within and beyond your organization? What steps are you taking to ensure data integrity across the organizations?

  • Are you currently using blockchain within or beyond your organization, or would like to? Where do you see it benefitting your organization?

  • What has been your challenge getting blockchain or other emerging technology to work for your business processes? Do you have best practices you can share with the group?

12:20Q&A and Close
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