2024 Agenda
2024 agenda for Operational Efficiency Summit
2024 Agenda
08:30 – 09:00
Registration
09:05 – 09:10
Opening address and overview of the day
Kris Devasabai is the New York-based editor-in-chief of Risk.net. Previously, he was bureau chief and US editor of Risk magazine. He manages the editorial team. Prior to joining Risk, Kris covered hedge funds, asset management, cross-border investing and law for several publications.
Kris holds a bachelor’s degree in law and government from the University of Manchester, and he completed his legal training at the Inns of Court School of Law in London. He was called to the bar of England and Wales in 2003.
09:10 – 10:50
Thematic 1:AI for business operations
09:05 – 09:35
Keynote speech: Unlocking operational efficiencies through AI
- Discover cutting-edge applications of AI that are revolutionizing operational processes for enhanced efficiency and productivity. (Regulatory reporting, fraud detection, data management, research)
- Explore strategies to optimize AI systems both now and in the future, ensuring sustained performance and relevance in evolving market landscapes.
09:35 – 10:20
Panel: Post-trade processing with automation and AI
- Using AI for post-trade processing to reduce failures and fines
- How AI can support Straight Through Processing (STP) with minimal human intervention
- Leveraging AI to surface relevant data and insights tailored to individual roles, enabling proactive decision-making
- Utilizing AI-powered interfaces for natural language interactions and real-time validation of information
- Integrating AI capabilities across multiple platforms to ensure consistent and synchronized workflow management
- Leveraging AI to streamline the process of collecting, merging, and processing diverse datasets
- Implementing AI-driven techniques for data cleaning, outlier detection, handling missing values, and optimizing feature scaling to enhance AI application accuracy
- Deploying AI-driven data management systems with strategies to ensure scalability and optimize performance for handling large volumes of data efficiently.
10:20 – 10:50
Networking and coffee break
10:50 – 12:10
Thematic 2: Cloud cost optimization
10:50 – 11:20
Panel: Cloud: Buy vs. Build - Making the Right Choice
- Delve into the advantages and drawbacks of buying cloud platforms from third-party vendors versus building custom solutions in-house
- Evaluate the feasibility, customization challenges, and integration complexities of both approaches
- Compare the cost-effectiveness, compliance, security, scalability, and flexibility of buy and build options
- Develop a structured decision-making framework tailored to organizational objectives and constraints to determine the optimal cloud strategy.
11:20 – 12:20
Interactive round-table: Buy vs. Build and Cost Management of the Cloud
This is a dynamic session where our panel of experts will initiate discussions before segueing into round-tables, where attendees will work through scenarios related to developing a cloud strategy. This format encourages interactive exchanges, enabling participants to collectively devise actionable strategies. These strategies will be presented and discussed at the conclusion of the session, fostering a collaborative atmosphere geared toward advancing the implementation of cloud strategies.
12:20 – 13:05
Networking lunch break
13:05 – 13:35
Fireside chat: Cloud vs. AI development: Navigating Investment Priorities
Fireside chat: Cloud vs. AI development: Navigating Investment Priorities
- Examine the allure of AI as a transformative technology driving efficiency and profitability in businesses
- Explore the perception of cloud infrastructure as a less exciting investment, emphasizing the need to articulate its scalability benefits effectively
- Discuss strategies to balance investment priorities between AI development and cloud infrastructure, ensuring alignment with business objectives and long-term sustainability.
13:05 – 15:10
Thematic 3: Technology, operations, and regulatory compliance
13:35 – 14:05
Panel: Impact of Emerging Technologies on Regulatory Compliance
- Explore how AI, blockchain, and cloud computing are reshaping regulatory compliance processes in capital markets
- Discuss the regulatory hurdles and compliance requirements associated with adopting emerging technologies in capital market operations.
14:05 – 14:35
Keynote: Lessons learned from T+1
- How have companies implemented more efficient, timely processes to comply with the T+1 regulation?
- What challenges have businesses encountered as a result of the move to T+1? How have these been handled, and what solutions are on the horizon?
14:35 – 15:05
Refreshments and networking break
15:05 – 17:10
Thematic 4: Technology adoption and cultural shifts
15:05 – 15:35
Keynote: Fostering Collaboration Between Business, Data, and Tech Teams
- Developing a deep understanding of pressing business requirements and efficiently addressing them within budgetary and time constraints
- Continuously monitoring and comprehending current technological advancements and future industry expectations to ensure the business remains competitive and adaptable
- Effectively communicating the return on investment (ROI) of technology investments, and in cases where ROI metrics are not readily available, articulating the value proposition of new technology to stakeholders in clear and compelling terms
15:35 – 16:00
Panel: Technology innovation and evolution in the workplace
- Encouraging a culture of technological innovation and experimentation to drive ongoing growth and adaptation in the workplace
- Establishing appropriate governance structures to ensure the correct and responsible use of technology while still fostering creativity and exploration
- Explore how effective technology and data governance can guide business decisions and avoid costly operational expenses.
16:00 – 17:30