This session addresses immediate possibilities for automated digital regulatory reporting and what it could eventually offer forward-thinking banks as a competitive advantage.

Key topics:

• How digital reporting can inform strategy rather than slow it down
• What’s needed to become proactive on compliance, not reactive and take the lead?
• Gaining buy in from across business lines by providing reporting feedback and results as well as requests for input
• How to overhaul complex, rigid legacy systems at banks and how to progress digital reporting development without risk
• Who should be leading the way? Regulators, RegTechs or banks?

The centrepiece of the day, this session provides delegates with a platform to address shared challenges and ideas peer-to peer. The roundtables will be led by digital reporting experts and attendees can choose which discussion they want to join. Each table will cover a key challenge and potential solution for how to transform  your reporting processes and strategy for maximum advantage.

Key topics:

• What does the perfect regulatory reporting system look like? How can it be achieved?
• What will be the impact of increased RegTech/ outsourcing on employees and how should you strategise for this?
• How to spend more time on data analysis and less time on data gathering
• What is needed from regulatory technology that isn’t already being developed?
• Is ‘no reporting’ the future of reporting – is this realistic and if so how do we get there?
• Are banks doing enough to promote transparency, if not how can this be improved?

This session will address the full benefits you can expect from implementing AI, RPAs and CI and to address what the key steps are, providing user-experience case studies for comparison.

Key topics:

• Making the regulatory handbook machine readable
• Preparing for RegTech toolkits and platforms – how to incorporate and avoid the pitfalls of simply ‘plugging it in’
• What are the possibilities and limitations of Artificial Intelligence (AI), Natural Language Processing (NLP), Optical Character Recognition (OCR) and Machine Learning (ML) – their strengths and challenges?
• Where are the quick wins in AI that can be easily implemented in regulatory reporting processes?

2:05 pm

Transformative Innovation in Regulatory Reporting

• Digital innovation in Regulatory Reporting – where are we today
• What opportunities does it create for bank’s new era?
• Key success factors in digital innovation to keep it simple
• If digital innovation means change, which kind of changes are we looking for?

Joseph Oumarou

Assistant Vice President and Professor of Finance, Banque Cantonale de Genève

High quality data is essential to advanced regulatory reporting but with some suggestions that data integrity is a key challenge for almost all banking entities, building strong foundational data will prove challenging for most, especially those banks with large legacy systems and a lot of data.

Key topics:

• Aligning internal risk management and external regulatory reporting management for streamlined processes and data
• Enhancing data quality and governance timeline with regulations such as ICAAP, CCAR, TRIM and IFRS 9. BCBS 239
• Enabling banks to ‘talk’ to each other for efficient data aggregation, analysis and reporting

4:10 pm

Presentation

Gary Bailey

FinTech Adoption Specialist