What will the banking environment look like in 2005?

What impact does Basel II have on the banks' data management and IT structures? Is the technical revolution in banking already over? At the Finance Forum on November 5/6, 2002, specialists from the banking and insurance sector will meet at the Kongresshaus in Zurich to hear about the latest trends in the world of finance.

The Management Seminar at this year's Finance Forum provides a wide range of
information: Under the heading of «Customer Focus», Professor Beat Bernet of
the "Schweizerisches Institut für Banken und Finanzen der Universität St.
Gallen (HSG)" will focus on the Swiss banking sector in the year 2005, while
Christian Perscheck from the AWD Service Zentrale will present a paper of
topical interest entitled 'Is there a future in comprehensive consultancy
services in Retail Banking?'.

Cost control as a crucial competitive factor
A lot of banks, especially the smaller institutes, still use software that was
developed in the eighties and can now only be adapted to the steadily
increasing requirements of the market by way of substantial investments in time and money. IT has become the decisive cost factor in the banking and insurance

For this reason, the subject of «cost leadership» has been given a separate
cycle in the Management Seminar. Prof. Hans Geiger of the University of Zurich
will raise the question of whether the technical revolution in banking has
already come to an end. Paul Müller, CEO of Helvetia Patria, will report on
'Efficiency enhancement and dynamisation at Helvetia Patria'.

'Cost leadership» is also a topic represented at the Finance Forum's
exhibition: The SAP team will relate its experiences in implementing an IT
standard platform at the Zuger Kantonalbank in April. The computing center is
provided by IBM which will also be presenting a software enabling the
representation of each individual customer's profitability rating. Especially
in times of decreasing revenues, unadjusted cost structures can put the banks
under quite a bit of pressure. The «fast start» business iIntelligence solution
provides private banks with an in-depth understanding of profitability and
product structures, based on a comprehensive overall view on customers. Thanks
to this data, Management is able to quickly lower the cost base and increase

Basel II - Impact on banks' information systems
The Basel II recommendations (minimum capital requirements for loan agreements
depending on the borrower's creditworthiness) will be implemented in national
legislation in 2006. Basel II represents an enormous challenge for the banks'
data management: By that time, all operative systems and data processing
modules have to be operational. In the seminar cycle «Market» Harry Stordel,
Director Risk Management at Credit Suisse Group, points out the implications of
Basel II for his bank.

Basel II is also of topical interest to the providers because they have to
establish and implement the appropriate IT solutions by 2006. Systor and Sun
Microsystems, among others, will demonstrate how the Basel II requirements can
be met on the basis of existing software infrastructure.

Exhibition space sold out for several months already
Dynamism and flexibility may be the buzzwords when it comes to IT solutions for
banks and insurance companies, but at the Finance Forum exhibition, the
situation as regards the lack of space has not changed a bit. Due to the
enormous interest of the IT industry to take part in the forum as an exhibitor,
the exhibition spaces have been sold out for months already. Some 150 companies
will be presenting their latest IT solutions for the banking and insurance
sector at the Kongresshaus in Zurich.
The Finance Forum, the most important Finance IT Event in Switzerland, will
take place for the 12th time, attracting more than 3000 visitors. The Finance
Forum is co-owned by Systor AG and the Comit Group. Apart from these two
owners, the Finance Forums' partners are IT companies such as IBM, Microsoft,
SAP and Sun Microsystems. Several banks and insurance companies are represented
on the Finance Forum advisory board.

On November3, 2002, some 2000 runners are expected to join the 2nd Finance
Forum sponsor's race. As last year, the proceeds will go to children with
serious health problems.

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