Open Banking Sydney 2019

16 - 18 October, 2019 | Primus Hotel, Sydney, NSW

Pre-conference Workshops: Wednesday, 16th October 2019

Workshop A

8:00 am - 10:00 am Identifying Commercial Opportunities and Turning Open Banking Into A Commercially Viable Product

Ville Lauttamus - Product Owner – Open Banking Identity & Access, Nordea
In the Australian market the conversation is currently centering around how commercial value can be drawn from the new financial landscape of Open Banking. Most institutions are looking at how they will work with third parties to develop innovative new products and how the new relationships will impact internal strategy.

Nordea are another international player who have made news globally due to their work in the Open Banking space in northern Europe. Here Ville shares their work around identifying opportunities for growth and innovation in customer product. He will also shed light on the journey of working with TPPs such as Tink and the first stages and challenges of becoming compliant to the PSD2. These insights will provide a benchmark against which the Australian market can work in the CDR environment.

How you will benefit:
  • Hear lessons learned from preparing internal strategy to support Open Banking
  • Understand how to identify valuable partnerships with other institutions which will be lead to increased ROI and improved customer offerings
  • Understand how to detect opportunities to gain competitive advantage
  • Build a toolkit for then establishing tailored and compelling consumer propositions within a more competitive market
  • Discuss the possible obstacles which may be encountered when broadening the scope of customer propositions
img

Ville Lauttamus

Product Owner – Open Banking Identity & Access
Nordea

Workshop B

10:30 am - 11:00 am Constructing An Infrastructure To Support Open Banking To Become A World Leader In The Open Banking Ecosystem

Jitendra Tekchandani - Head of Open Banking/APIs (Partnership & Program), DBS Singapore
While Open Banking will signal huge opportunity for the financial industry, there is also an assumption that sharing data will pose numerous threats to a business, be they security centered or the threat of increased competition in the field. However, these fears can be mitigated with a strategically planned data strategy and infrastructure. As Head of Open Banking at DBS Singapore, Jitendra has already begun rolling out Open Banking initiatives in the Asian market and here will be able to shed light upon the necessary steps to ensure data infrastructure, governance, culture and operations all align to create a high functioning Open Banking program within any regulatory environment.

  • Constructing a robust data infrastructure that allows accelerated open banking transformation
  • Governance: how to successfully comply with regulations while drawing value from OB
  • Culture: having a dedicated OB team and top-down advocacy
  • Adapting operations and team structures to support partners and collaborative relationships
img

Jitendra Tekchandani

Head of Open Banking/APIs (Partnership & Program)
DBS Singapore