By Top Executives from Fidelity Investments and Progressive Insurance
NEEDHAM, MA, March 14, 2005 â TowerGroup today announced the theme of its 2005 Financial Services Business & Technology Conference and Exhibition: "Road Maps for Growth." The event, which will be held on May 25 to 27, 2005, at The Boston Marriott Copley in Boston, Mass., is recognized as one of the top venues for delivering in-depth perspectives on the issues facing the global financial services industry.
According to TowerGroup president and CEO, Karen Cone, the 2005 Conference theme speaks to a strategic imperative facing most players across the financial services marketplace â which is, to balance operational efficiencies and cost containment with more aggressive plans for growth.
"Coming out of a prolonged economic downturn with its emphasis focus on cost containment, financial services firms are now increasingly focused on differentiation and on growing revenue. This is all the more urgent given the growing threat of disintermediation across all sectors of the industry. The focus of TowerGroupâs 2005 Conference was conceived to help firms of all sizes, and across all financial services sectors, create an effective and actionable road map for achieving solid growth," she said.
In addition to hearing directly from TowerGroupâs own experts on industry best practices and strategies, this yearâs conference will feature several distinguished keynote speakers. Two already confirmed are:
â¢ Bob Reynolds â Vice Chairman and Chief Operating Officer, Fidelity Investments
â¢ Alan Bauer â Group President, Direct Business, Progressive Insurance
The 2005 Conference is designed for financial services institutions, technology vendors and professional services firms, and will address all sectors of the financial services industry â including financial services strategies, securities and investments, insurance, consumer lending and bank cards, global payments, retail and wholesale banking, delivery channels, and emerging technologies.
The 2005 TowerGroup Conference offers attendees the opportunity to participate in more than 30 strategic sessions, including general sessions led by featured guest speakers and industry-specific track sessions led by TowerGroup analysts. Examples of track sessions include:
â¢ "Breaking Through the Barrier: Growth Prospects in the Securities & Investment Industry"
â¢ "The Payments Industry Transformed: Moving Money at the Speed of Light"
â¢ "The Banking Industry Today: Toward a More Perfect Union"
â¢ "Single European Payments Area: Do We Need to Reinvent the Wheel?"
â¢ "Insurance Coordinates for Growth: From Long-Term Strategies to Real-Time Solutions"
â¢ "Leading With a 2010 Vision: Thereâs More to Financial Services Than Meets the Eye"
This yearâs event will again feature an exhibition of some of the financial services industry's leading technology companies and solutions providers. Exhibition and sponsorship opportunities at various levels are still available