Monetising Compliance with RegTech - Centre for Digital Banking

Overview
Objectives & Outline
Methodology
Participant Profile
Trainer

Overview

PROGRAMME DETAILS
Duration
1 day
TIME
9:00 AM – 5:00 PM
VENUE
Asian Banking School
8
AICB
CPD HOURS
Regulation and compliance remains the major challenge to the financial services industry. Billions of dollars are spent every year and compliance remains a major driver of expenditure. The regulatory pressures are not slowing, and new complexity is emerging in the compliance space, from MifiD to PSD2. It is therefore understandable that the RegTech sector is attracting so much industry attention. This programme will examine how RegTech will make it easier for banks to comply with regulation.

There are 2 major themes to RegTech; cost reduction and opportunities to leverage the compliance investment for additional business revenue. Participants will discuss both and the synergies. The programme will begin with an overview of FinTech and how the RegTech ecosystem is accelerating through the adoption of two technology groups; cloud infrastructure and Artificial Intelligence (AI), followed by Big Data and analytics. The programme will conclude with a look into the future of RegTech, how startups are being used by banks for experimentation and investment purposes.
LEARNING LEVEL
Intermediate
PROGRAMME FEE
AICB MEMBER
MYR
3,600
/ PAX
NON-MEMBER
MYR
3,900
/ PAX
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Objectives & Outline
LEARNING OBJECTIVES
By the end of this programme, participants will be able to:
Develop a clear understanding of the FinTech revolution
Discuss the two major technologies in RegTech – Cloud infrastructure and AI
Be familiar with the disruptive technology landscape and main trends in regulation
Recognise the principles and user-cases of Artificial Intelligence (AI) and Big Data
Gain insight into the future of RegTech and its commercial implications
PROGRAMME OUTLINE
Course Opening & Agenda
FinTech overview
Regulation landscape in 2018
FinTech, Regulation & Sandboxes
Case Study – Using A Sandbox

FinTech Ecosystem
OS API’s & Blockchain
RegTech technologies, overview and applications
Cloud infrastructure and in-line computing
Smart data cubes
Cybersecurity
Technical Risks
People Risks
AI
Defining AI
Different types of AI
Machine vs Brain (limitations of AI)

AI Game
Areas of implementation in RegTech
Data Science
Defining data sciences
The era of endless data streams
Data Risks (5Vs)
Overview of Big Data user cases for financial services
The costs and benefits of RegTech
How RegTech makes banking safer
Case Study – Cost Reduction Example
Case Study – Commercial Applications
Startups, VC and delivering on RegTech

Blue Sky Session – 2022; What Will RegTech Look Like?
RegTech business planning

Discussion – How Is Your Organisation Investing in RegTech? An early adopter or reluctant collaboration?
Methodology

Instructor led facilitation using video-based learning, case study discussions, quiz, game and exercises
Participant Profile

Banking, compliance and FinTech professionals who would like to know more about RegTech from a business perspective. This programme is a business overview and not a complex deep dive into the various technologies. Whilst issues of functionality and application are discussed, there is no need for a programming or an engineering background.
Trainer

Philip Eden
Philip Eden is the EVP (Asia) for Intuition and a Senior Learning Consultant, specialising in capital and wholesale markets. In his EVP role, Philip is responsible for leadership and strategy. As a Senior Learning Consultant, he creates and delivers courses that are aimed at increasing knowledge and enhancing performance in the workplace.

He entered the financial markets in 1979 and has 27 years of front office experience with major banks in London, Sydney, Tokyo and Singapore. His most recent post was as Director of Global Money Markets with CSFB Tokyo and Singapore; and prior to that he was Director and Head of Trading, Rates for UBS Singapore and Chief Dealer for Mitsubishi Bank London. His nearly three decades of experience has covered front office trading and sales, mid office risk functions and back office operations. Philip has direct business know-how of a wide product range including foreign exchange, rates and equities (including hybrids), cash and derivatives (vanilla, structured and exotics).

Philip has provided sales and solutions coverage to both the buy and sell side of major banks and securities firms, large hedge funds, international mutual funds, asset managers, quasi government agencies, multinational firms and pension funds. He has also undertaken two major restructuring projects of non- performing businesses.

Philip was involved in the early implementation of CSFB Primetrade, a FinTech solution (DMA/ECN) for front office trading and sales and had recently developed a set of knowledge programmes aimed at FinTech disruption, FinTech adoption, Agile Thinking, RegTech, and building a FinTech business. Philip currently trains and provides consultancy services for a broad client segment, including major commercial and wholesale banks, regional banks and regulators in Asia. He delivers for a wide range of delegates, from graduates to c-suite.