A Recap of #TFITS 2019, Part 1: CIO Panel
Turn for Technology – How Japanese Financial Institutions Can Grow, Innovate and Expand
Tokyo Financial Information & Technology Summit (TFITS) is the only event in Japan dedicated to IT, data, and operations executives from financial institutions.
TFITS is a one-day conference hosted by WatersTechnology and sponsored by six solution providers across APAC with 25 speakers and 250+ delegates. The 2019 summit was held on July 4 and featured an agenda packed with practical insights including on the following questions:
- How can financial institution CIOs implement technology innovation and orchestrate growth strategies?
- What are some examples of artificial intelligence (AI), machine learning (ML), and unstructured data use cases at major financial institutions?
- Changes in Japan's post-trade operations and future outlook: What initiatives will help you adapt to changes in market structure, the regulatory environment, and business models?
- What is the state of legacy modernizations at financial institutions? Why embrace modernization?
- What are the prevailing trends in preventing Anti-Money Laundering/ Combating the Financing of Terrorism (AML/ CFT) at Japanese financial institutions?
- The future of asset management: How can you use wearable technology and biometric data?
- Beyond the fintech boom, what initiatives are there to implement next-generation technology and realize innovation?
I had the privilege of moderating a main stage strategic panel discussion titled “CIO Panel: Turn for Technology.”
My panelists were:
- Marcos Asai, Executive Director, JPMorgan Securities Japan Co., Ltd.
- Colm Kennelly, Chief Information Officer, BNP Paribas Cardif
- Allan Reyes, Managing Director, Head of Technology Solutions, Nikko Asset Management
- Hikaru Yoshida, Managing Director, Member of the Board, Head of Operations & IT Unit, The Norinchukin Bank
The keynote session welcomed four Tokyo-based CIOs who engaged in a lively discussion on technological innovation and growth strategies at Japanese financial institutions with particular emphasis on CIO initiatives driven by IT and the relevant possibilities, efforts, and challenges.
Panel topics included the following questions.
- What are the latest technological trends in the Japanese financial industry?
- How can you navigate and keep up with the rapidly evolving financial technology landscape?
- How do you implement innovative technologies and solutions in Japan?
- How will you address the new roles and responsibilities of CIOs?