Asian Financial Services Congress 2013: Best Practices in Implementing Big Ideas

idcSingapore and Hong Kong – January 31, 2013 – IDC Financial Insights’ 9th Annual Asian Financial Services (AFS) Congress will be held in Singapore from 28 February to 1 March 2013.Delegates attending this year’s AFS Congress, themed ―Building on Big Ideas‖, will discover how leaders are developing their uniquely-Asian idea list to cater to the world’s most bankable region. They will learn about real-life best practices in tapping into new markets, reaching the under-banked and underserviced, as well as in creating a credible pan-Asian franchise. In addition, they will uncover how technology can improve their core competencies for that elusive market “breakthrough”.

The 2013 landscape presents a mixed bag for the Asia/Pacific financial institution: unresolved economic issues in western economies, the slow return of business and consumer confidence in the Asia/Pacific region, and accelerating growth of Asia’s self-generated business opportunities. IDC Financial Insights believes most institutions will respond to this year’s uneven, disparate, and  occasionally conflicting factors of growth by making a few strategic tweaks, and perhaps some changes to their operations and technology plans.
―The success formula in 2013 is for the organization to undertake a comprehensive reassessment of the business, and make sure that, just like the new environment that lies before it, the game plan is different,‖  says Cyrus Daruwala, Managing Director for IDC Financial Insights Asia/Pacific.

He explains that the stage is set for big ideas; and financial institutions must decode the large forces of change that surround them, decide which are worth taking advantage of, and which can take the backseat — for now.

The search for new markets and business models will need to be accelerated while protecting the basic propositions of financial intermediation. New offerings and capabilities have to be brought to market while considering the emergence of new technologies, shifts in demographics, new political-economic dynamics, and changes to consumer behavior.

At the event, IDC Financial Insights will answer the call for big ideas, and point delegates to the right actions to get real results.Speakers and panelists lined up for this year’s Congress include:

Tony Chew, Director, Monetary Authority of Singapore
Teeranun Srihong, Senior Executive Vice President, Kasikornbank
Sanjoy Sen, Managing Director, Retail Banking Asia Pacific, ANZ
Aurelio R. Montinola, III, CEO, Bank of Philippine Islands
Steve Monaghan, MD & Chief Innovation Officer, DBS
Elizabeth Bell, Head of Global Client Service Centre, Barclays Asia
Pushpinder Singh, GM, Head of IT, Bank of India
Dr Liu Xuanqing, Head of Risk Management & Control, Bank of Communication Pacific Credit Card Center
John Lee, Group CRO, Maybank
Donald MacDonald, Head, Group Customer Analytics & Decisioning, OCBC
Asif Saleem, Global Head, Channel Management & Business Performance, Standard Chartered Bank
Dennis Bancod, SEVP & Head of the Information Technology Shared Services and Operations
Groups, RCBCDirk Sibiet, Executive Director & Country Technology Officer Singapore – UAE, Abn Amro
Cynthia Liaw, Head of E-Banking, Maybank (Singapore)
Bob Caisley, EVP & CIO, Singapore Exchange Ltd (SGX)
Ronald Waas, Deputy Governor, Bank Indonesia
Tongurai Limpiti, Deputy Governor, Bank of Thailand
The full agenda is available at www.afscongress.com.

About the Asian Financial Services (AFS) Congress 2013
Organized by IDC Financial Insights, the AFS Congress 2013 is Asia/Pacific’s foremost gathering of financial services practitioners. Themed ―Building on Big Ideas”, the Congress aims to decode for financial institutes the large forces of change that surround them, and decide which are worth taking  advantage of, and which can take the backseat — for now. At this Congress, IDC Financial Insights will share crucial findings from its international team of analysts, highlighting the business and technology trends that will impact and change banking.

About IDC Financial Insights
IDC Financial Insights assists financial service businesses and IT leaders, as well as the suppliers who serve them, in making more effective technology decisions by providing accurate, timely, and insightful fact-based research and consulting services. Staffed by senior analysts with decades of industry  experience, our global research analyzes and advises on business and technology issues facing the  banking, insurance, and securities and investments industries. International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information
technology market. IDC is a subsidiary of IDG, the world’s leading technology, media, research, and events company.

About IDC
International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. IDC helps IT professionals, business executives, and the investment community to make factbased decisions on technology purchases and business strategy. More than 1,000 IDC analysts provide global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries worldwide. For more than 49 years, IDC has provided strategic insights to help our clients
achieve their key business objectives. IDC is a subsidiary of IDG, the world’s leading technology media, research, and events company. You can learn more about IDC by visiting www.idc.com.