Opening and Closing remarks - Arun Aggarwal

SWIFT Business Forum

London 2015

Welcome and opening remarks Arun Aggarwal, Managing Director, UK & Ireland, Nordics

23 April 2015

Harnessing change in

financial services

Change is

accelerating… Ring-

fencing

Challenger

banks

Low interest

rate

environment

Sanctions/

AML/Tax

avoidance

Pensions

revolution

Technology

innovation

Recapitalisation/

deleveraging

Disruptors are targeting all corners of financial services

One survival strategy…

Survival strategies: a

multi-dimensional response

PRODUCT

INNOVATION

CUSTOMER

CENTRICITY

OPERATIONAL

EXCELLENCE

Survival strategies:

New Age Industrialisation

EFFICIENCY

& CONTROL

AGILITY

& SIMPLICITY

COLLABORATION

& PARTNERSHIP

SWIFT is…

Delivered through an industry-owned, not for profit

model with a mandate to facilitate community dialogue

and collaboration

Secure messaging infrastructure

A common “language”

A range of products and services

Over to you… digivoting questions

1) What is the most pressing item on your company’s

strategic agenda?

a) Meeting new regulatory requirements b) Meeting the challenge of new

entrants c) Reducing costs d) Entering new markets e) Other

2) Will fintech be the next dot com bubble?

a) Yes b) No c) Don’t know

3) What is the future for challenger banks? Will they:

a) Gain significant market share b) Remain niche players c) Die or be

acquired d) Other

4) Which party/ies will form the next UK government?

a) Conservative b) Labour c) Conservative/Liberal Democrat d)

Labour/SNP e) Other f) Don’t know

Go to: respond.cc Enter: code 8175

Thanks to…

The agenda

Porter Tun

Compliance

Queen Charlotte

Funds &

Investment

management

Upper Sugar

Special interest sessions

Corporates Forum

Lower Sugar

Special interest

session

Exhibition

In Conversation

KYC

Securities

transparency

Pensions

Funds automation

Outsourcing

MiFIR & MiFID II - CME

Planixs/Vodafone – Intraday liquidity

Are banks giving corporates what they

need?

Corporates – trade & supply chain - Lloyds

Collateral

management -

Clearstream

OPENING PLENARY

Sir David Clementi, Chairman of Virgin Money and Chairman of World First

Harnessing disruptive technology in wholesale financial services

CLOSING PLENARY

Real-time payments

Queen Vault

SWIFT

King Vault

Special interest sessions,

SWIFT sessions

James Watt

Special interest session

SWIFT for Corporates

Business Intelligence

ISO 20022

Cloud

SWIFT KYC Registry update

DB funding code – KAS BANK

Future of Money

Update on Open APIs - Innovate

Finance, Payments Council, BBA