Financial services experience an unprecedented digital transformation, with technology-driven evolution of products, services and available infrastructure. Innovation offers exponential potential to serve customers and advance business operations. At the same time, European banks approach such innovation with commitment to existing regulatory responsibilities and a commitment to financial stability in Europe.
The EBF’s Innovation & Cyber Thursday on 12 November shines light on the importance of an appropriate framework for banks to grasp the innovative potential offered by technology, while abiding by today’s rules. Where both come together, the financial industry requires options to safely advance innovative solutions at scale. Digital operational resilience lies at the heart of these solutions, requiring 360⁰ attention to changing roles of different parties involved in the ICT landscape. The event will look at European advancement of regulation for digital operational resilience, established and aspired partnerships to implement innovative technology, and the global perspective for safeguarding innovation in finance.