The BIIA Biennial 2019 conference will start on October 30th with a welcome and networking reception at 18:30 hours to 20:30 hrs.
Not only will you mingle with your peers, but also with people from the FinTech community.
The conference program starts on October 31st at 09:00 hours. It will be a full day meeting ending with a networking reception 18:30 to 20:30 hours. The conference ends in the early afternoon of November 01, 2019. For details concerning the conference agenda click here
Technological changes are accelerating at an unprecedented pace. Our conference theme in 2017 was ‘Embracing Digitization’ reflecting the rush to digitize data, information and knowledge.
For the BIIA 2019 Biennial Conference we chose to express the technological changes impacting our clients and our industry in form of a formula:
- Artificial Intelligence: Reality or Hype – The Challenges for the Financial Services Industry and the Likely Consequences for Business/Credit Information
- We hear from members how they begin to harness AI
- We hear from experts in how AI is beginning to take hold in risk assessment
- The Changing Dynamics of Risk Management Information: The availability of data for use in risk management is changing at a rapid pace through the advent of new technology, the changing behavior of consumers, followed by the intervention of regulators.
- Cyber attacks have become a game changer for our industry. Those who have been hacked, lofty fines followed. Reputation was damaged and regulators imposed compulsory strategic investments in cyber security prevention measures.
- From our perspective the availability of data is changing at a faster pace than we have ever seen before. Specifically, the availability of data used in risk management is changing at a rapid pace through the advent of new technology, the changing behaviour of consumers and the subsequent intervention of regulators..
- New technology, such as Application Programming Interfaces (APIs) and Blockchain are facilitating direct access to new data sources, previously unavailable to credit information providers, which when combined with new analytical tools like AI and Machine Learning, is enhancing the products and services that can be offered to those offering finance and to the end user of these services – consumers and SMEs in particular.
- Financial Inclusion is driven by the need to provide access to finance for individuals, micro and small business. What does SME Financial Inclusion mean and the dilemmas it faces? What will be the way forward: “Credit information is dead, long live ‘financial capability information’, Matt Gamser, CEO of the IFC’s SME Finance Forum stated not long ago.
- Matt Gamser will discuss with his FinTech friends innovative ways which are disrupting traditional banking and information management
- Identity has become a major business activity driven by AML, KYC, eKYC compliance requirements. We will hear from information professionals about the opportunities and risks in walking the fine line between transparency and privacy.
- BIIA has invited compliance professionals to provide a forward looking perspective of their information needs
- Information professionals will discuss the shocking revelation that 63% of compliance professionals reported lacking confidence in their data!
- The Future of Credit & Credit Information – Given the almost unprecedented pace of technological change we expect this panel discussion to be rather provocative. One thing is certain, our industry will not be the same five years from now. Here are a selection of relevant questions which will be raised during the discussion:
- What are the key changes which information companies see which are affecting the credit ecosystem through their interaction with credit grantors?
- Is the credit information industry able to support these growing risk assessment requirements and how is it responding?
- In terms of cyber security credit grantors and information providers are in the same boat. Will the investment required in new systems, their constant update, plus the cost of compliance administration, result in changes to business models, industry consolidation or even business failures?
- Traditionally one of the main unique selling points of credit information providers has been the depth and breadth of their database coverage. Are the changes in data access the end of this? Does the industry recognise this and how is it responding? ,
- More and more data will become accessible as a result of new technology and analytics. ? Will they mean that the role of credit information providers as being a source to combat the ‘information asymmetry’ will become less and less?
- What may be the likely business models for credit information providers in the future? What will be the role of analytics and artificial intelligence? Will these new tools be provided in conjunction with mission critical data or will client tend to imbed analytics and AI in their internal risk assessment processes?
For details concerning the conference agenda click here
Who will be speaking, click here
To register click here
To sponsor the BIIA 2019 Biennial conference, please see sponsorship opportunities
Hotel reservations: We request delegates to make their own hotel reservations. A link to the Okura Prestige Hotel can be found in the registration page. A limited block of rooms have been reserved by BIIA. We recommend to book early. The cost of hotel accommodation is not included in the attendance fee.