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Just like many other industries, finance is changing rapidly with the rise of new data-driven technologies and the implementation of new regulations that influence how financial data is treated and shared across industries. Now more than ever, data is a critical resource to resolve various problems, such as financial inclusion and health of citizens.
While incumbent banks around the world have exhibited responses that are still on the defensive side, some banks in the Asia Pacific Region have moved quickly to solidify an understanding that data-driven innovation and collaboration are the ‘name of the game’. We see examples of how they have started to solve their societies’ particular pain points through better, faster, cheaper products/services and ‘digital experiences’. Furthermore, banks in developing nations may have a particular advantage to leapfrog existing infrastructures and their shortcomings to address societal challenges through advanced technology.
In this fireside chat, Likhit Wagle of IBM and Professor Pinar Ozcan of Oxford Future of Finance and Technology Initiative will explore cases from the Asia Pacific Region to understand what strategies and organisational structures enable an effective transformation to become a data-driven innovation leader in banking.
- 17:30 – Onsite check-in opens – in person tickets
- 18:00 – Talk commences
- 19:00 – Talk concludes until 20:00 – networking drinks – in person tickets
About the speakers
Likhit Wagle, Managing Partner Financial Services, IBM Consulting EMEA
Likhit has over 15 years of experience in strategic consulting with notable knowledge in the banking industry for strategic consulting, corporate finance, value-based management and mergers and acquisitions. Likhit has extensive experience in leading complex transformational engagements, including the development and implementation of value creation strategies, new business models, performance management, organisational change, and decision support systems. His most recent engagements have been in the Asia Pacific region and the US where banks have become advanced digital businesses – many competing successfully with the Big Tech Companies.
Pinar Ozcan is Professor of Entrepreneurship and Innovation will be hosting this event. She serves as the Director of the Oxford Future of Finance and Technology (Fintech) Initiative.
Pinar specialises in entrepreneurship and strategy in technology markets. Her current research includes the open banking project, where she examines the industry disruption in banking through regulation and entry of fintechs, and the development of the sharing economy.
About the event
• The seminar is open for anyone to attend (over 18’s only)
• In person seats are limited and tickets are non-transferable therefore registration is essential . Please use the Register button above to confirm your attendance
• Please note once the main room is full you will be directed to an overflow room to watch the a livestream of the event, please arrive early to avoid disappointment