International Data Corporation (IDC), the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets, will hold the IDC Financial Services Congress on June 13, 2023, at The Ritz-Carlton, Dubai International Financial Centre (DIFC).

The Congress will showcase exclusive insights from respected industry thought leaders as they discuss the latest trends and strategies shaping digital transformation in the BFS space.

The event theme ‘The Adoption and Utilization of All Things Digital’, will address the fast-evolving financial landscape and how industry players rethink their business models to establish the digital infrastructure required to drive future growth.

Mr. Cyrus Daruwala, managing director of IDC Financial Insights Asia/Pacific and presenter of the congress’s opening keynote, ‘Simplification in an Age of Complexity’ said, “Across the Middle East, financial institutions are embracing global industry trends to create a new ecosystem. The adoption of digital transformation is the key strategy that will propel the industry forward and enable institutions to meet tomorrow’s challenges.”

He added, “Traditional financial institutions are facing stiff competition from digital banks and insurers that use data to deliver innovatively products and services. To overcome these challenges, they must look to embrace an organizational culture that prioritizes trust, resiliency, transparency, sustainability, productivity, and efficiency for the digital-first BFSI organization.”

Highlights of the event will include keynote speeches, presentations, and panel discussions on a variety of critical topics, including open banking, cloud management, AI/ML integration and industrialization, digital core systems, innovation excellence, cybersecurity risk typologies, frictionless banking, financial wellbeing, financial inclusion, employee empowerment, digital trust, and customer consent.

Distinguished representatives from top financial institutions will also share first-hand end-user perspectives, and include:

• Barrak Al Mattar, General Manager, Information Technology, Kuwait International Bank (KIB)
• Evren Altiok, Chief Operating Officer, Commercial Bank International (CBI)
• Haroon Durrani, Head of Dubai First Cards & Digital, First Abu Dhabi Bank (FAB)
• Muhammad Rashid, Chief Compliance & Risk Officer, Jingle Pay
• Salil Ahuja, Head of Products, Portfolio & Value Proposition, First Abu Dhabi Bank (FAB)
• Samy Massoud, Regional Head of Technology Delivery, PayTabs
• Saud Al Dhawyani, Chief Technology Officer, Emirates NBD
• Somnath Sarkar, Executive Vice President & Group CISO, Mashreq Bank

The Congress offers a unique opportunity for banking, financial services, and insurance organizations to learn, network, and gain insights into the Middle East’s latest digital transformation developments.

For more information about IDC Financial Services Congress 2023, please visit www.idc.com or contact Ms. Sheila Manek at smanek@idc.com / +971 4 446 3154. You can also join the conversation on social media using the hashtag #IDCBFSI.

SOURCE:  GCC BUSINESS NEWS