Middle East’s largest banking conference begins tomorrow

The Middle East’s premier annual gathering of banking and finance experts will commence tomorrow, with over 400 senior executives confirmed to attend the Middle East Banking Innovation Summit held at Jumeirah Emirates Towers in Dubai, UAE. The two-day business event is in its fourth year will focus on new technology, trends and challenges being faced by the region’s banking sector in achieving customer centricity and tighter regulations following the global financial crisis.

A large line-up of banking leaders and technology expert’s will be giving presentations and sharing case studies during panel and roundtable discussions aimed at encouraging best practice in digital transformation, customer engagement, product development and security frameworks.

Representatives from local and international banks including Dr. R. Seetharaman, Group CEO of Doha Bannk, Jamal Saleh, Chief Risk Officer at Commercial Bank of Dubai, David Horton, Chief Transformation Officer at Mashreq Bank, Ashwin Khorana, Chief Technology Officer at ING Vysya and Michael Leung, Chief Information & Operations Officer at China CITIC Bank International are confirmed within the program.

Technology vendors will also be showcasing the latest in digital solutions and cutting-edge innovations for the banking and finance sector, including multi national software giant SAP, Gold Sponsor of the Summit. Yasar Yilmaz, Financial Services Industry Director at SAP MENA, believes that a focus on the customer is important for survival in the highly competitive banking environment.

“Customer centricity is key and there are many interpretations of this. Banks across MENA who master this are noticed by the market and reap the benefits. As competition heightens, risk taking by banks increase and therefore, monitoring risk indicators in a more agile and dynamic way for better visibility becomes monumentally critical for an organization’s profitability and also as financial crisis has shown, very own existence,” states Yilmaz.

“A lot of banks across MENA mix doing things in a fancier way with being innovative. The important thing is understanding how innovation impacts the bottom line such as profitability, sustainable growth, customer satisfaction, regulatory compliance, etc.”

The Middle East Banking Innovation Summit is the largest event of its kind in the region, and is organized by global conference company Expotrade. With offices in Melbourne, Australia and Dubai, UAE, Expotrade has delivered some of the most well attended B2B industry conferences and events in industries including Big Data, banking & finance, solar energy, lighting, smart cities and construction.

Experts urge banks to invest in technology to survive in fast changing market

10th September 2014, Dubai, UAE: Bankers in the Middle East are being urged to update legacy systems and invest in electronic platforms to avoid losing customers to more digitally advanced competitors. Over 400 senior banking and finance executives will gather at the 4th Annual Middle East Banking Innovation Summit on 29 & 30 September at Jumeriah Emirates Towers in Dubai to discuss what the bank of the future will look like, and the investments required to keep up with the latest trends.

A line-up of international bankers and tech experts including Michael Leung, Chief Information & Operations Officer at China CITIC Bank International, Tayfun Kucuk, Chief Technology Officer at Odeabank Turkey, as well as representatives from local leaders including Emirates Islamic Bank, Mashreq, Doha Bank and Commercial Bank of Dubai will be presenting case-studies, strategies and new technologies required to drive digital transformation and enable innovative culture within banks.

John Schlesinger, Chief Enterprise Architect at banking software company Temenos, believes that banks must invest in innovation to remain competitive and satisfy the increasing expectations of tech-savvy customers.

“The retail banking world is going through 4 major revolutions, banks are becoming online retailers, core banking will have to move to cloud, banking is now low margin and customers are no longer loyal. Banks who are suffering the restraints of legacy systems, those that are not equipped to compete with new competitors or keep up with technological advancements face becoming obsolete,” said Schlesinger.

“Although the Middle East is very unique, when it comes to banking it is still affected by the major factors affecting retail banking globally; rising customer expectations, increased regulations and technological innovation. Banks need to keep up with the demands of customers who want a multi-channel, efficient service at whatever time, whatever place they choose. Not only this but they expect their bank to know them well and offer them products and services relevant to their needs.”

An innovation lounge at the Middle East Banking Innovation Summit will provide an opportunity for the banking and finance industry to meet with company’s like Temenos, Kaspersky, SAP, MasterCard, Nettitude, Polaris, Pixel Digital Systems, Infrasoft Tech, HP and IMTF who will be able to assist with system upgrades and digital modernization.

Challenges including tightening budgets, increased cyber security risks and the constant stream of new regulations will mean that banks need to adopt appropriate frameworks to be able to effectively operate and evolve. Presentations at the Summit across two days, as well as panel and roundtable discussions will allow the industry to share their experiences and brainstorm best practice strategies.

The Middle East Banking Innovation Summit is the largest event of its kind in the region, and is organized by global conference company Expotrade. With offices in Melbourne, Australia and Dubai, UAE, Expotrade has delivered some of the most well attended B2B industry conferences and events in industries including Big Data, banking & finance, solar energy, lighting, smart cities and construction.

NT Major Projects Conference

Northern Territory Major Projects Conference in Darwin to Showcase Key Development Plans for Australia’s North

The Northern Territory strategically benefits from physically neighbouring the Asian economies and is well positioned as a transport and logistics hub for business and tourism. To capitalise on its highly advantageous strategic position, infrastructure, particularly road development, finds itself high on the agenda for the NT Government.

The Federal Government will provide the first Northern Australia White Paper to be released later in the year. The White Paper on Developing Northern Australia will set out a clear, well-defined and timely policy platform for realising the full economic potential of the North, identifying the critical, economic and social infrastructure needed to support the long term growth of the region.

The Northern Territory Government is working with the Australian Government to ensure Territory projects are included in the critical infrastructure requirements list as part of the Northern Australia Infrastructure Audit. The Northern Territory Government’s 2014-2015 Budget for its road program is one of the biggest in the Territory’s history with a total of $377.8 million of Northern Territory and Australian government funding.

The NT Major Projects Conference will be held on the 22 and 23 October 2014 at the Darwin Convention Centre. With support from the Northern Territory Government, the NT Major Projects Conference in its 5th year running continues to attract around 400 delegates both from the public as well as the private sector, keen to discuss strategies to develop Australia’s North to its full potential.

The conference begins with a ministerial address by the Chief Minister of Darwin Hon. Adam Giles focusing on major projects shaping the Northern Territory. The Minister for Mines and Energy, Hon Willem Westra van Hothe will present on the challenges, growth, opportunities and initiatives to support the mining and energy sectors. Other speakers from the NT Government include Hon Matt Conlan, Minister for Housing, who will address the delegates on the Territory Government’s Real Housing for Growth Plan and Hon Peter Glen Chandler, Minister for Lands, Planning and the Environment, Northern Territory Government will present on Territory Land Release.

Lord Mayor Katrina Fong Lim, Mayor, City of Darwin, will be giving a presentation on the Darwin City Centre Masterplan. The project has been funded by the City of Darwin, the Northern Territory Government and the Australian Government, under its “Liveable Cities Program”. Mayor Ian Abbott, Mayor, City of Palmerston will present on the Palmerston City Centre Masterplan.

The conference will also include speakers from the NT Government departments such as David McHugh, Chief Executive, Department of Infrastructure – NT who will share his thoughts on the Economic and Infrastructure development in the Northern Territory, Brian O’Gallagher, Managing Director, Office of Asian Engagement, Trade and Investment – NT Government, and Dr. Len Notaras, Chief Executive, NT Health Department who will present on the Palmerston Regional Hospital Project.

At the Conference, you will also hear from Ian Kew, CEO, Northern Territory Airports Pty Ltd, giving a presentation on NT Airports Expansion, Claire Gardiner-Barnes, Chief Executive, Department of Transport, NT and Sam Pearce, General Manager, Corporate Development & Investment, APA Group.

The 2 day event will include presentations and case studies from a diverse field of high profile speakers within the Public and the Private sectors. This event will be a “meeting of the minds” focusing on what projects are in the pipeline, panel discussions, thoughtful exchanges surrounding the NT Government’s Response to the Green Paper on developing Northern Australia. The conference provides the ideal environment for networking and capitalising on the business opportunities being created.

Expotrade, the organisers of this Conference supported by the Northern Territory government have developed an array of top quality B2B events, delivering some of the largest conferences and summits in the infrastructure, banking and finance, information technology, sustainability, lighting and energy sectors.

For more information on the NT Major Projects Conference, please visit www.ntconference.com.au