Building on the success of the past three symposiums, World Bank, Islamic Research and Training Institute and International Centre for Education in Islamic Finance (INCEIF) is holding a collaborative 4th Annual Symposium on Islamic Finance with a theme Islamic Finance, Inclusion and Poverty Alleviation, in Kuala Lumpur, Malaysia, 11 – 12 December 2018.
The aim of this year symposium is to continue the conversation on Sustainable Development Goals, focusing on no poverty and zero hunger.
The panel discussion on Islamic Finance and Technology included:
Mr. Syed Shahid Hussain, Managing Partner Financial Services Sector Leader – ASEAN, IBM Global Business Services, Singapore
Mr. Othman Abdullah, CEO Islamic Banking, Silverlake & Director of GI Solutions Gateway Sdn. Bhd.
Mr. Omar Rana, Co-founder & Director of Strategy, Finalytix
Mr. Umar Mushi, CEO, Ethis Ventures
Mr. Mohammad Al Shah, Head of Islamic Digital Economy & Fintech, Malaysia Digital Economy Corporation MDEC
Moderator, Dr. Turkhan Ali Abdul Manap, Senior Researcher/Economist, Islamic Research and Training Insitute IRTI
The session looked at the current initiatives in the region to promote technology and innovation in the financial industry. What can MENA banks do to better take advantage of the technologies, to inform investment decisions, expand access to financial services, revolutionize customer analytics and engagement, reinvent the regulatory and compliance functions, and better detect fraud? What can policymakers and regulators do to encourage the growth of Fintech in the region?
Babak Ahmadzadeh, Director of Partnerships, Plug and Play Tech Center
Ronit Ghose, Global Sector Head for Banks, Citi (moderator)
Sriniwas Nandiraju, Co-Founder & Director, Finalytix Inc.
Mirna Sleiman, Founder and Chief Executive Officer, Fintech Galaxy
Finalytix co-founder and director Sriniwas Nandiraju participated in a panel discussion at Thomson Reuters 10th Annual Compliance and Anti-Money Laundering Seminar in Riyadh, Saudi Arabia. He highlighted the role of Artificial Intelligence (AI) in bringing transparency to the Financial Services Industry and effective risk management. Along with panelists he also discussed readiness of organisations in the GCC region to adapt, implement and invest in AI/ML solutions.
The 7th Euromoney GCC Financial Forum in beautiful Bahrain FinTech Bay brought headline interviews and speeches from international financial leaders and top regional policy-makers, to consider strategic impact of phenomena such as blockchain, AI and big data in the financial context.
Omar Rana (left) Co-Founder & Director of Finalytix speaks about the need for transparency in private banking and how the Finalytix proposition is helping with that.
Finalytix continues to grow its Assets Under Observation now exceeding $500 million by solving the Information Asymmetry Problem faced by Ultra High Net Worth clients.
In the panel discussion titled “Blockchain, Cloud, and Artificial Intelligence — Modern Innovations are Reshaping the Future of Cybersecurity,” finalytix co-founder & director, Sriniwas Nandiraju (second from left) participated in the panel discussion answering some interesting questions such as:
How new technologies such as blockchain and AI are being redefined under the evolving cybersecurity landscape;
Why regulators and governments are still having concerns on cybersecurity, data privacy and data residency on cloud,;
Views on how Fintech can help in solving cybersecurity issues with their respective offering on blockchain, AI, and Cloud.
At the end of the event, Sriniwas was presented with a token of appreciation by the moderator Anshul Srivastav, CIO and Digital Officer of Union Insurance on behalf of the EC-Council.
The inaugural FinTech Abu Dhabi event held on 22 and 23 October 2017, is a strategic platform for financial institutions, FinTech start-ups and participants, investors, regulatory agencies and the business community, and was the first FinTech Summit in the region that exclusively designed and organised by an international financial centre – Abu Dhabi Global Market (ADGM).
Finalytix participated in the lively panel on the “Evolution of the Advisor-Client Relationship” which discussed how FinTech solutions will enable wealth managers to improve customer experience and to strengthen client relationships.
The panelists from the right were:
Nick Hungerford, Founder, Nutmeg
Roberto Mancone, Global Head, Disruptive Technologies and Solutions, Deutsche Bank AG
Omar Rana, Co-Founder & Director, Finalytix
Gina Heng, CEO, Marvelstone Groupand, and very well moderated by Azzedine Chaibrassou, Advisor, Swiss Financial + Technology Association.
The event also included an Innovation Challenge, Demo Day, and FinTech Awards presentation, Regulatory Roundtable, Workshops, Welcome Reception, as well as a Summit featuring distinguished regional and international leaders in FinTech.
finalytix co-founder Sriniwas Nandiraju speaking with Mohit Gang, CEO and Co-Founder of MoneyFront, who moderated the panel discussion along with panelists Amitabh Chakraborty, Managing Director & Chief Investment Officer of Indarra Capital LLP, and Feroze Azeez, Deputy CEO Private Wealth Management, Anand Rathi Financial Services.
The lively panel discussion touched on the following points:
What income generating strategies would work best?
What asset classes/investment strategies are likely to produce best risk adjusted returns?
What are the major risks that keep you awake at night?
Risk and early red flags that will signal trouble ahead?
Citi Tech for Integrity (T4I) Challenge – a global initiative to source solutions to promote integrity, accountability, and transparency in the public sector – brought together 80+ allies and contributors including governments, regulators, Fortune 500 Tech companies, international NGOs, and local allies.
Sriniwas Nandiraju, finalytix co-founder and director at the CitiTech for Integrity Challenge in ADGM, Abu Dhabi, speaking with Citi Innovations Labs, Microsoft, and Now Money panelists about the impact of technology on financial innovation.
Finalytix was invited a second time to participate in the Global Fintech Summit in London’s Canary Wharf, organized by YPO FSN. Finalytix co-founder Sriniwas Nandiraju spoke about the future of wealth management and the impact of robo-advice, moderated by Anthony Ginsburg of GinsGlobal, Hollywood, California.
STEP Conference, one of the Middle East’s biggest tech and media conferences, hosted a really interesting program, with entrepreneurship and fintech very well covered. Finalytix co-founder, Omar Rana above speaking about the landscape in the region and elements of success.