Over 150 senior executives meet to address new market regulations while meeting the anticipated needs of the region’s corporate and retail banking customers
Misys, the global leader in financial services software solutions, will be welcoming leaders from across the Middle East & North Africa (MENA) financial services sector to the company’s annual ‘Misys MENA Market Forum 2013’ being held in Dubai, UAE at the One&Only Royal Mirage.
With sponsors including global technology leaders such as IBM, HP and Intel, it is one of the IT industry’s flagship events for C-Level executives, presenting new opportunities to tap into the growing potential of technology innovations that will power a new generation of banking services in MENA.
The two-day forum will include the launch of Misys BankFusion Digital Channels, an innovative suite of mobile and online banking solutions. Senior level IT executives will take part in workshops, hear case studies of recent financial IT deployments in the region, view a variety of solution demos and interact with some of the industry’s top personalities in keynote panel discussions.
“As the boundaries of the banking and financial industry are being redrawn, it’s a critical time for financial institutions in the MENA region to find new ways to innovate and make profitable, sustainable investments in their core systems infrastructure,” says Bret Bolin, CEO of Misys. “New opportunities are quickly emerging across the region as companies explore competitive banking models and improve their operations to tackle the changing market. We look forward to hosting the leaders in the financial sector at our Market Forum and continue to provide value to them in areas such as transaction banking, retail channels and global risk management.”
Over 150 leaders from the MENA financial industry are set to participate with speakers including Bret Bolin, Misys CEO; Dr. Frederick Shen, Head of Emirates NBD’s Group Market Risks; Mohamed Rashad, Head of Trade Finance Center at National Bank of Abu Dhabi; Nabil Meshaal, Head of Transaction Banking at Commercial Bank International; Ahmad Al-Hassan, Head of Information Technology at Bank Al Jazira; and many others.
In the World Bank report “Doing Business 2013” GCC countries ranked in the top 40 out of 185 listed. The Levant and North African regions are also looking to reshape financial institutions' business strategies, develop innovative products and improve their risk management tools to strengthen customer trust. Governments in thirteen Arab economies today have implemented regulatory reforms in the past year to make the financial regulatory environment more business friendly.
“In the context of more expansive financial regulations and regional standardisation, Misys MENA Market Forum 2013 will enable banks and financial institutions to utilise technological advancements to provide more secure and efficient banking platforms to their customers,” adds Bolin.