17 May 2016 to 19 May 2016
Balaclava

SWIFT African Regional Conference 2016

Agenda

Tuesday 17 May 2016

08:00-09:00

Registration, Refreshments & Exhibition

09:00-09:10

Welcome note

 

  • Sido Bestani, Head of Middle East, Turkey & Africa, SWIFT
  • Maoumar Al Pooloo, Head of Trade Operations, MauBank Ltd., SWIFT National User Group Chair Person for Mauritius

09:10-09:30

Keynote address

  • Yandraduth  Googoolye, First Deputy Governor, Bank of Mauritius

09:30-10:30

Opening plenary – MEGATRENDS

 

Africa has changed beyond recognition in the 53 years since the Organisation of African Unity was formed to promote solidarity and cooperation between African states, and to ensure that independence led to a better life for the African people. Now, seven of the fastest growing 10 economies worldwide are in Africa and the continent is seen as an increasingly attractive destination for investment. However, it faces some major challenges too. As its 55 nations continue to try to improve governance, boost intra-African investment and increase financial inclusion, they must also address the megatrends that are expected to have the biggest impact on governments and citizens by 2030. Demographics and social change; technological transformation; public debt and shifts in economic power; climate change and resource stress; rapid urbanisation and interconnectedness. How will these affect the African continent over the coming decade?

 

  • David Lubinski, Senior Programme Officer, Bill & Melinda Gates Foundation

  • Terence McNamee, Deputy Director, The Brenthurst Foundation

  • Eric Osiakwan, Managing Partner of Chanzo Capital,Tech Entrepreneur and Angel Investor

  • Alain Raes, Chief Executive EMEA and Asia Pacific, SWIFT

  • Sido Bestani, Head of Middle East, Turkey & Africa, SWIFT (Moderator)

10:30-11:00

Networking Refreshments & Exhibition

11:00-11:30

SWIFT Institute: Measuring the impact of mobile banking on financial inclusion

 

Understanding the real impact of technological and business model innovations on levels of financial inclusion and poverty reduction is critical. New research from the Harvard Kennedy School – supported by the SWIFT Institute – analyses the impact of mobile banking because this technology holds perhaps the greatest promise in overcoming geographic, demographic and institutional constraints to financial inclusion. The findings from the research will be presented for the first time at ARC 2016. The focus is on sub-Saharan Africa, through the lens of Kenya.

 

  • Jay Rosengard, Director of the Mossavar-Rahmani Center for Business and Government's Financial Sector Program, Harvard Kennedy School

11:30-12:00

SWIFT Work Sessions – 5 minute pitches on stage

12:00-13:00

Work Session 1

13:00-14:00

Networking Lunch & Exhibition

14:15-15:00

Financial Crime Compliance

 

The challenge of complying with new regulations is continuing to grow, both in the domestic and international spheres. In addition to potential financial and reputational losses are the knock-on impacts of ‘de-risking’. As a result, banks are investing more and more in their financial crime compliance processes and infrastructure. But with financial institutions under rising cost pressure, they also need to strike the right balance between managing risk and meeting business objectives. This session highlights the most recent financial crime trends – how much de-risking is happening and what can be done to prevent it – and asks what role technology can play to help institutions respond to these challenges and mitigate their risk in the most efficient way. 

 

  • Asfaw Alemu, President, Dashen Bank

  • Willem Kruger, Head Compliance and Regulatory Product, Nedbank

  • Luc Meurant, Head of Financial Crime Compliance, SWIFT

  • Thierry Chilosi, Head of Markets & Initiatives, EMEA, SWIFT (Moderator)

 

15:15-16:15

Work Session 2

16:15-16:45

Networking Refreshments & Exhibition

16:45-17:45 Partner Networking Session
17:45-on Networking Cocktail
19:30-on Walking dinner

 

Wednesday 18 May 2016

Morning

Afternoon

ARC conference

Innotribe Startup Challenge for Africa

08:00-09:00

Networking Coffee & Exhibition

09:00-09:30

‘In Conversation’

 

 

  • Tim Masela, Head  of National Payment System Department, South African Reserve Bank
  • Sido Bestani, Head of Middle East, Turkey & Africa, SWIFT (Moderator)

 

 

Stream 1: Securities Stream 2: Corporates

09:45-10:30

Securities panel 1: Gearing up for growth in Africa’s securities markets – do we have the right foundation?

 

As Africa’s securities markets continue to grow and evolve, we ask what are the  current hot topics on the minds of securities players across the African region? How  do SWIFT and the standardisation processes contribute to these initiatives, and what  progress has been made?  What role does the Securities Market Practice Group play  in further strengthening the foundation of the securities market? This session will  provide an update on the securities landscape in Africa, ask what are the  expectations from international investors looking at Africa as an investment  destination and define what is still needed to drive intra-Africa investment.

 

  • Sanjeev Jayram, Head of Corporate Actions at RMB Custody & Trustee Services, Rand Merchant Bank

  • Vipin Mahabirsingh, Managing Director, Central Depository & Settlement Co

  • Iann Seymour-Smith, Head of Operations, Strate

  • Nerina Visser, Exchange Traded Funds Strategist and Advisor, ETF South Africa (Moderator)

Corporates panel 1: Managing change in the corporate to bank segment

 

Foreign direct investment is increasingly making its way into Africa through a variety of business hubs, including Mauritius, which is recognised as a gateway for investment into African countries. As more and more companies look to grow on the vibrant African continent, what are the opportunities and challenges that they face? What are the key innovations driving the future of corporate treasury and trade? We will explore how new technologies are shaping the corporate to bank relationship and discuss what are the new opportunities and services that  banks are rolling out to their clients. How are we making sure that the needs of banks and their corporate clients are being fully addressed by SWIFT’s services for corporates?

 

  • Gerrie Butler, Head of eSolutions at RMB Corporate Banking, Red Merchant Bank

  • Marc Harel, Head of Financial Institutions, Mauritius Commercial Bank

  • Francois Roux, Head - Trade Finance and Financial Institutions, SBM Bank (Mauritius) Ltd

  • Ian Bessarabia, Business Development Manager, Corporates & Securities, SWIFT (Moderator)

10:30-11:00

Networking Coffee & Exhibition

11:00-11:45

Securities panel 2: Can Africa’s capital markets be stronger together?

When the London Stock Exchange and Germany’s Deutsche Borse announced their plan to tie up recently, it was the latest evidence that even mature markets see the benefits of consolidation. Other markets use back office links, shared platforms, and common standards to help pool liquidity. As financial hubs emerge and evolve across Africa, does it make sense for Africa’s capital markets to cooperate on a greater scale in order to derive collective benefits for individual markets? Is cooperation necessary to develop a world class financial centre? If so, what sort of collaboration generates the greatest benefits – is collective promotion enough or does it require more fundamental integration? How successful are roadshows in overseas markets in attracting inward investment? As the continent’s institutional investors continue to grow, how important are the investment rules that guide their activity; for example, is the stipulation of particular investment levels in local markets critical to support the development of Africa’s markets?

 

Join leading participants from Africa’s capital market and investment communities as we debate whether ‘going it alone’ is better than ‘going together’, and find out what are the challenges and opportunities of these two options.

 

  • Sunil Benimadhu, Chief Executive of the Stock Exchange of Mauritius

  • Deon Kruger, Global head of Operations for Investor Services, Standard Bank

  • Malungelo Zilimbola, Founder and Chief Investment Officer, Mazi Capital

  • Ian Bessarabia, Business Development Manager, Corporates & Securities, SWIFT (Moderator)

Corporates panel 2: Making cash reporting and liquidity management easier for Corporates

 

Why are cash reporting and liquidity management so complicated for corporates? More importantly, how can we make it easier? The risks associated with issuing incorrect financial statements means corporates must be able to demonstrate robust financial controls and have confidence in the accuracy of the entire balance sheet. Add to this the ongoing need to streamline back-office operations and the complexities around daily cash reconciliation, and the pressure on corporate treasurers is immense.  In this interactive session in which you will hear different perspectives on this topic from both corporate treasurers and banks. SWIFT, through a successful pilot programme, will demonstrate a simple easy-to-implement cash reporting solution to help users address these challenges today.

 

  • Phil Boyall, Head of Global Clients Cash management Sales, Barclays Africa

  • Urs Kern, Senior Manager of the Corporate Business EMEA, SWIFT

  • Luc Merven, General Manager of Offshore Operations, Shoprite Holdings Group

  • Hugo Smit, Head of Sub-Saharan Africa, SWIFT (Moderator)

12:00-13:00

Work Session 3

13:00-14:00

Networking Lunch & Exhibition

14:00-14:30

Innotribe Startup Challenge

 

Welcome note

14:30-15:30

5 pitches

 

  • Alternative Circle
  • AMoney
  • CashMadam
  • GeoPay
  • Hello Paisa

15:30-16:00

Break

16:00-17:00

6 pitches

 

  • Ranis Capital
  • The Stock Shop
  • The Money School
  • The Sun Exchange
  • WeCashUp
  • Yo Uganda

17:00-onwards

Reception and winner announcement

19:00-onwards

Gala Dinner

 

Thursday 19 May 2016

08:00-09:00

Networking Coffee & Exhibition

09:00-09:45

Disruptive technologies

 

Real time payments, blockchain, new entrants and mobile platforms – the emergence of disruptive technologies is continuing to challenge existing business models and traditional relationships. In 2015 alone, almost USD200m was invested in African tech startups, focused in three key hubs: South Africa, Nigeria and Kenya. What is the real impact of technologies on the financial ecosystem? Are they killing off old models or growing the pie by reaching new markets? Is there real substance here or are we the victims of hype? What is the real potential of such technologies to reshape the way we do business?

 

  • Chris Hamilton, CEO, Bankserv Africa

  • Kevin Johnson, Head of Innotribe Innovation Programmes, SWIFT

  • Catherine Mitaine, Director, MS Capital Partners

  • Ike Williams, Chief Information Officer, Heritage Bank

  • Peter Vander Auwera, Co-Founder of Innotribe, SWIFT (Moderator)

09:45-10:30

The future of payments: Correspondent banking fights back

 

A wave of money is flowing into financial technology. Globally, more than GBP4 billion of investments were made between July 2015 and January 2016 alone, much of that targeting the payments business. News that disruptive FinTech companies are eating into banks’ business is rife and many are moving up the value chain from low value person to person transactions to offer an alternative model to traditional  correspondent banking. However, banks are fighting back. They are investigating how disruptive technologies can support their businesses and are working together in unprecedented ways to improve the experience and reduce costs for the end customers. What role do regional payment systems play and what impact do they have on correspondent banking? This session looks at the challenges to the correspondent banking model and asks if the industry really is on the verge of a major step change – or if correspondent banks can effectively defend their territory. 

 

  • Thierry Chilosi, Head of Markets & Initiatives, EMEA, SWIFT 

  • Fidelis Muia, Director of Technical Services, Kenya Bankers Association

  • Sachin Shah, Head of Cash Management Products & Transactional Products and Services, Standard Bank

  • Francis Vanbever, CFO, SWIFT (Moderator)

10:30-11:00

Networking Coffee & Exhibition

11:00-12:00

Work session 4

12:00-13:00

Networking Lunch & Exhibition

13:15-13:45

In Conversation’

 

  • Raoul Gufflet, Head of Corporate & Institutional Banking and DCEO, Mauritius Commercial Bank
  • James King,  Africa & Middle East Editor, The Banker (Moderator)

14:00-15:00

Work session 5

15:15-15:45

Networking Coffee & Exhibition

15:45-16:45

Closing plenary

 

Conference wrap up

CSR presentation - supporting SOS Children's Villages

Closing speaker

  • Eric Osiakwan, Managing Partner of Chanzo Capital, Tech Entrepreneur and Angel Investor
16:45-18:15 Networking cocktail

 

Friday 20 May - Free workshops

08:00 -11:00

ISO 20022 (including MyStandards) English only

 

With more than 200 ISO 20022 initiatives underway around the world, momentum is strong. ISO 20022 is emerging as the default messaging standard for Regulators, Corporates and Market Infrastructures and their communities around the world – for payments and securities, international and domestic.  

 

The workshop will focus on:

  • How the benefits of ISO 20022 are being harnessed by payments and securities market infrastructures
  • What tools are required to migrate to 20022
  • The challenges of ensuring harmonised implementation, and industry-wide interoperability
  • How SWIFT can help you build your strategic and tactical ISO 20022 implementation roadmap

 

SWIFTRef (including KYC Registry) English only

 

Reference data can be used to increase productivity and data accuracy while driving down the cost of financial message processing. This enables financial institutions and corporates to automate transaction flows in both the payments and securities business and help companies to comply with regulatory reporting requirements.

 

Key topics include:

  • How SWIFTRef can offer a single source for all your reference data and is continuing to evolve to provide more functionality, additional reference data fields and improved accuracy of reference data
  • The features of SWIFTRef and how it can assist users in improving operational efficiency
  • A practical demonstration and examples that showcase the full capability of SWIFT’s Reference data portfolio, including a demonstration of Bankers World Online

Corporate Workshop - English only


With the growth of business across Africa, corporates are increasingly centralizing their operations to mirror practices in place elsewhere within the business. The drive for centralization across Africa is attributable to corporates becoming more sophisticated in putting practices and procedures in place so that they can manage the financial risks as effectively as possible.

 

Visibility of cash positions in each country of operation remains of critical importance. So what is the answer to making cash and liquidity management across markets easy? Join this workshop to find out how SWIFT can support Corporate treasuries in making the right business decisions earlier by ensuring accurate and timely global multi-bank cash visibility.