While you may be looking forward to spending time with the kids at the haunted pumpkin garden or meeting up with friends at Cider Week, perhaps you should first spend some time at the SAP Financial Services Forum New York City and hear what is scaring your colleagues this Halloween?
The spotlight will be on innovative technology and how to “Run simple.” as you sustain and support a changing banking landscape. Banking customers today are demanding real-time solutions and personalized offers and want a consistent experience whether online, on a mobile device, or in a branch location. As a result, financial services organizations must contend with the widest competitive landscape in history.
Tom McAllister, a member of the Financial Services Group at SAP and host for the Disruptive Technology Trends and the Opportunity to Simplify and Innovate rack, believes that in order for banks to move forward to increase revenue, lower operating costs and maintain regulatory compliance-while at the same time delighting their customers-they need to start thinking and acting outside their current IT and operations protocols.
Consumers look at how other industries outside of banking are leveraging technology to drive an extraordinary customer experience while providing their customers with real time solutions, offers, and choices and they are asking, why not my bank? At the same time, increasing regulatory reporting and compliance requirements will continue to be a significant part of the executive agenda. To succeed in this climate, greater transparency, speed and agility are essential for all banking solutions.
Many of the discussions at The SAP Financial Services Forum will focus on how banks can prioritize their investments, effectively manage risk, and sharpen their focus on new sources of revenue. Tougher environments demand smarter insights. The need for fast, accurate, accessible, and on-demand risk, compliance and bank analytics has therefore never been greater.
McAllister believes that by transforming the corporate legacy infrastructure to a modern real-time service-related platform, banks can quickly and cost-effectively drive an exceptional customer experience, even while complying with evolving customer and regulatory demands. Those that make understanding their customers-through the use of real-time analytical technology-will be poised to gain the edge over their competition regardless of where it originates.
At the SAP Financial Services Forum you will see your colleagues and a multitude of industry experts discussing a wide array of topics. For example, one of the breakout sessions at this year’s forum will feature three financial services industry veterans who are already in the process of transforming their organizations to meet the mobile banking challenges of tomorrow.
A strategy involving cloud technology for banking is a huge consideration. Is a move to the cloud the right move for your organization? You’ll find out how your company can improve performance and increase margins by embracing cloud solutions specifically designed for today’s banks.
Other sessions will help you decide if you should worry about financial services portfolio management in IT. Get a front row seat to learn about the latest strategies for addressing today’s data governance challenges. You can even bring your warm apple cider and your carved pumpkin from the haunted garden, because answers to these questions and much more await you in New York.
From Oct 21-22, 2014 you’re cordially invited to attend the premier networking, interactive content, executive engagement, and social media event of the year – the SAP Financial Services Forum New York City.
Here’s some more of what to expect:
- Get inspired by visionary keynote addresses from industry experts
- Experience executive-level content and sessions across banking and capital markets topics
- Interact with leading industry executives to hear how they’ve gained a competitive advantage
- Attend breakout sessions covering distinct challenges within your industry
- Network with peers in roundtable discussions and social settings.
- Engage with the SAP ecosystem and partners to leverage extensions and additional services
Date: October 21-22, 2014
Location: Ritz Carlton Battery Park
2 West Street
New York, NY 10004