FST Media is committed to running the largest and most successful conferences for the banking, event banking technology & wealth management, insurance and financial services market in Australia, New Zealand and wider Asia.
Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
Financial Services Conference
1. FST Media produces the most successful banking
technology conferences, roundtables and specialist
publications for the insurance and wealth
management sectors. They are renowned to produce
insurance technology conferences in Australia.
2. Banking and Financial Institutions – Curbing Future
Challenges
Banking and financial institutions are broadly categorizing
themselves to offer maximum support to their worldwide
customers. Even they are using high-end technological
podiums to strategically face today’s business challenges.
They are not only facing hard challenges, but also
progressively transforming their service models through IT
architecture and better productivity models. They are
strengthening their front as well as back offices in order to
reduce their rising operating costs. They are also focusing
newer distribution strategies such as multi-brand channels
harnessing to tap emerging markets. This will eventually
improve customer-to-product ratio and fulfill their
expectations.
3. Moreover, banks are looking for more revolutionized
processes that enable greater intelligent service as well
as interactions. It helps in developing sound and future-
proof service-oriented architecture that significantly
enrich channel capabilities and process improvement. In
fact, banking experts are more looking to replace
existing technological features with more powerful
application features that foster business growth and
continuity. They are developing acute banking-specific
applications with the help of banking and economical
specialists. They are revolutionizing middleware
products as well as database techniques.
4. Banks are continuously reducing their IT costs and
improving time to market their products or services.
This is enabling them to better serve their client’s need
and address their critical problems. They are eventually
offering them the greater flexibility to frame a
transformational journey according to their business
requirements. It also allows them to progressively
change their business and IT operating models by
mitigating the high-rising future-driven technology
obsolescence risks. With the help of service-oriented
features they are enhancing their commercial banking
products and other cross-boundary operations.
5. Today, in order to face the challenging environment,
banks are looking for:
1. The completely interconnected global market to
reduce banking complexity and operations
2. Adhering to regulatory and compliance-related
requirements
3. Fulfill rising customers demand
4. High-class innovation in banking technology
5. Mobile accessibility
6. Banking and financial institutions are also taking help from
the business consulting firms and IT service providers to
develop a powerful combination of technology and
integrated business applications. They are intended to
provide business-based applications that are highly useful
for business owners.
7. In essence, besides recalibrating its resources, banks are
busy in meeting customer demands with the most
precise solutions that are specially tailored to the
banking industry. They are looking to deliver innovative
business services with best-in-class performance. For
better and smooth services, banks are making real-time
decisions across all channels to certify future projects.
Altogether they are mitigating the risks involved in the
IT operations and curbing the challenges for smoother
roadways.