SWIFT Greater China Regional Conference 2019
SWIFT Greater China Conference Programme 2019
Opening up at a larger scale will stay as the main theme of Chinese economic development for quite some time. Global trade, cross border investment, financial integration are generating increasing demands for cross border financial solutions. While due to various reasons including differing judiciaries, market mechanism gaps and economic development phases, cross border financial services are still confronting with series of challenges, including the most fundamental service-cross border payment, therefore, how should the markets work together to tackle the pain points and better support China’s opening up?
Michael Moon, Managing Director, Head of Payments Markets, Trade and Communications, Asia Pacific, SWIFT
Panel discussion: 45min
- Opportunities and challenges presented by a more liberalised economy including BRI
- Cross border payment innovations and how it supports the further cross border activities
- RMB internationalisation for a more globalised company
Technology innovation and expanded liberalisation in the market have been accelerating the development of the securities market in China, especially in the post-trading business, where the security market infrastructures are leading the trend with new technologies under the great background of capital market liberalisation. This session will focus on what are opportunities and challenges presented by this new transition period under the great background of digitalisation and liberalisation; and how standards could further the connectivity between securities markets in China and the world?
- New trends in post-trading business in global capital market
- Capital market liberalisation and regulatory changes in the digital era
- Capital market liberalisation and technology innovation and its long term impact on post-trading businesses in China
- Standards and its role in promoting market integration and innovation
AI and machine learning have been identified as key enablers of the “Made in China 2025” strategic plan. These technologies rely on one common fuel: data. As we see China becoming a data-driven economy, we also see China playing a leading role in this global trend where data and technology are transforming the world as we know it.
As a platform for the financial industry, SWIFT data provides a unique fuel to look at the state of transaction banking flows in China and beyond.
Technological innovation has become a key driver for Chinese new economic development in this digitalised era. The integration of finance and technologies are transforming the financial market and reshaping the ecosystem. At present, China is at a transition period when financial market opening and technology innovation are intertwining and accelerating.
How the market should further make the integration of finance and technology more effective and productive, and thus assisting for the establishment of a more open economy, has become a key question for the industry.
New technologies including API, AI, clouds etc., are accelerating the establishment of a more open and integrated financial ecosystem. This session is to focus on the new frontier application scenarios for these new technologies and how should the industry can leverage on the trend in order to build a high quality open economy.
Laurent Verstraeten, Managing Director, Head of Professional Services, APAC, SWIFT
Panel discussion: 50min
- Exploring new trend in global technology innovation
- Application scenarios for the new technologies(AI, Clouds, IOT and others)
- Open banking empowered by new technologies
The greatest change to the financial crime landscape has been the increase in computational power and the increasingly tech-savvy nature of the modern day criminal. Regtech promises huge steps forward in analytical insights as well as considerable efficiency gains offering banks the ability to see more, be more proactive and marshal their resources more cost-effectively but it also equips criminals with new attack avenues as well as more sophisticated tools to escape detection and circumvent controls. How should the market leverage the new technologies such as biometrics, Big data, Artificial Intelligence and machine learning to offset these newer risks?
Guy Sheppard，Head of Asia-Pacific Financial Crime Compliance and Intelligence, Asia Pacific, SWIFT
Panel Discussion: 50min
- New compliance and regulatory challenges and requirements in this highly connected and digitalised world
- New compliance and reg-tech landscape in China as well as Asia Pacific
- How technology is being used to fight financial crime more effectively
- Reg-tech and Sup-tech will we see a move from a “push” model to a regulatory data “pull” from their supervised institutions?