Leaders from the Center East’s banking scene are set to convene tomorrow in Muscat, which is able to play centre stage to the 2022 version of the NextGen Banking and Know-how Summit.
Organised by Cedar Administration Consulting and IBS Intelligence, the summit will present attendants insights within the newest traits and developments within the banking know-how ecosystem.
The occasion caters to the fast change at present blowing by way of the panorama, with new applied sciences reminiscent of cloud, synthetic intelligence, open finance, superior analytics, robotic course of automation, but additionally pure language processing and microservices structure, reworking the best way banks run, leverage and handle their IT.
“Digitisation in banks has grow to be extra of a necessity slightly than a choice,” defined Chetan Parekh, a Accomplice within the Dubai workplace of Cedar Administration Consulting and a pacesetter within the agency’s Monetary Know-how follow.
“The explanations for embracing digitisation are multi-fold – to enhance banking effectivity, entice and retain new prospects, enhance analytics, launch progressive companies, and improve product customisation.”
However as banks drive their digital banking roadmap, they arrive throughout every kind of pitfalls, with digital transformation in banking infamous for its challenges. In keeping with one current estimate by Boston Consulting Group, just one third of digital-focused tasks finally meet the advantages drawn up previous to launch.
That is the place the 2 summits are available, mentioned Parekh: “We are going to assist leaders discover the most recent developments in banking know-how, to allow them to return to their enterprise with priceless learnings and insights.”
For extra info and signing up – see the special event microsite.
The one-day occasion takes place within the Grand Hyatt, Muscat, and can see a formidable line-up of audio system take the stage. Almost half of the attendees are CEO or CxO stage, with the opposite half working at (senior) administration stage.
Sponsors of the occasion embrace system integrators Expleo, Infosys, and Tata Consultancy Companies, and software program distributors Temenos, NDC Tech and Oracle.
Organisers Cedar Administration Consulting and IBS Intelligence are well-known manufacturers throughout the monetary companies panorama. Cedar Administration Consulting is without doubt one of the sector’s main consultancies, whereas IBS Intelligence is a analysis home targeted on the banking know-how and fintech section.
Earlier this month, the 2 corporations hosted their Digital Banking & Funds Summit in Dubai, and in the UK, the pair hosted the NextGen Core Banking Summit 2022 in London.