Data Strategy As Business EnablerDesigned for senior reference data managers and heads of operations to discuss strategic, regulatory and operational challenges facing financial institutions today. Data strategy, centralisation,
implementation and management issues will form the core of this conference stream. Part of the day will be dedicated to structured networking, benchmarking and topical roundtable discussions to
facilitate exchange of ideas, experiences and strategies.
Case Study: Lloyds PPI story Over 140,000 customers did not receive their payments promptly.Hundreds of thousands of people have received redress after they were mis-sold PPI they did not want or need. PPI was designed to cover
loan repayments if the policyholder fell ill, had an accident or became jobless. But the policies were mis-sold on a massive scale to those who did not want or need them, or who would have been unable to
make a claim.Lloyds Banking Group, which encompasses the three banks, sent letters to 582,206 people between May 2011 and March 2012, informing these customers that they would be paid compensation.
Needless to say there were major internal problems and this scandal led to an overhaul of the data and customer management strategy across the Lloyds group. Some of the problems mentioned in the press in
connection with this scandal were: - Copy and paste errors, including one which led to customers being paid the wrong amount in compensation
- Staff failing to process some payments, or processing the same batch twice
- Cheques being "stored inappropriately" in offices.
Frank Hickman was personally involved in working thought Lloyds PPI crisis, managing the data strategy, changing processes and helping the bank deal with thousands of claims and misunderstandings. Join
Frank to hear the details behind the Lloyds PPI. | Data Quality & Vendor ManagementThis conference stream will address key aspects of vendor sourcing, selection and management. Cost effective SLAs, new vendor management models, data quality control measure and strategies will bring
together dozens of data quality and vendor managers looking for new solutions, cost saving ideas and benchmarking opportunities. Debates with vendors and experience benchmarking roundtables will follow
on from case study presentations and analytical talks on vendor management and cost saving strategies.
Panel: Developing a “win-win” cost & data licensing model As the customer is getting more sophisticated in their use of data across enterprise, so will the data vendors. Most data managers have been charged with cutting costs by eliminating unused data feeds, expensive SLAs and unneeded data capacities. This means data vendors need to change their product offerings and SLAs. Join this panel to discuss how data vendors are adapting to the changing market conditions and what you can do to minimise data acquisition and licensing costs. Find out about:- Main challenges in data licencing – what is costing you most
- Finding unnecessary spend
- Re-negotiating SLAs and licencing agreements with vendors
- Building new flexible models for data use according to the changing needs of your enterprise
- Setting goals and measuring savings and efifciencies
| Regulation FocusJoin this conference stream if you are responsible or involved in developing a strategy for regulatory compliance within your business. Case study presentations and discussions with the regulators will
form the basis of this stream. Your peers from buy side and banks will be giving insight into how they cope with: Solvency II, Basel III, FATCA, AML, MIFIR, Dodd Frank Bill, MiFID, AIFMD,UCITS, Form PF,
CSDR and many other regulatory initiatives which are costing your business money and directly impact your bottom line.
Your regulatory burden for 2014: reference data you must have in place to remain compliant with new regulationsRegulators (and regulations) require data that is complete, accurate and appropriate.
Yet data management, at an industry level, is immature with few standards, minimal regulation over data content and a lack of industry leadership. This talk is designed to give you an overview of the scope, changes and requirements for different types of regulatory initiatives currently costing and impacting your business. They include: Dodd Frank and the LEI, CCPs: EMIR, Dodd Frank, FATCA, MiFID, II/MiFIR, AIFMD and UCITS IV/V
Solvency II. Hear and ask questions about:- Overview of investment process
- Overview of current state
- Regulatory scope, changes and data impacts
- Heatmap of data content impacts
- New data content likely to be required
- Industry level immaturity
- The costs of data management
- Conclusion on regulatory/business
| Data Architecture: Big Data - What Works & What Doesn’t?Built specifically to address the practical and strategic issues facing data architects in financial institutions, this conference stream will attract top and medium level IT and architecture experts. The
afternoon will bring challenges such as infrastructure, silo based operations, IT costs and ROI, data governance and collaborative IT strategies to the agenda. Networking workshops for up to 15
participants will follow on from case study presentations and panel discussions. Delegates will have a unique chance to not only learn from their peers in a formal conference environment, but to
benchmark and exchange ideas in smaller more specialised groups.
Data architecture done right: sticks & carrots People who spend a lot of time thinking about Architecture tend to think that “Doing It Right” architecturally is plain common sense. But the vast majority of people involved in the analysis, design and implementation of change don’t spend a lot of time thinking about Architecture. As Head of Data Architecture, Colin works across M&IB to drive progress towards an agreed target state for how data is understood, sourced, stored and shared. He is responsible for creating, populating and leveraging the “Data KnowledgeBase” - a central repository of information about M&IB’s data. Find out from Colin how you can get “architectural common sense” to prevail? - What is Data Architecture, really?
- What business value does a good Data Architecture offer?
- What are the challenges to centralised enforcement of Architecture discipline?
- Does the carrot offer more promise than the stick?
| Risk Management: Strategy & Successful ModelsThis NEW conference stream is designed to examine risk management as part of overall data management strategy. Senior level risk managers will be giving case study presentations and joining panel debates
focused on the role of data, its utility and its future as part of risk strategy. Most financial institutions view data as the one and only saviour from dangerous risk taking, disasters and catastrophes.
It is no surprise that risk managers look to data and operations for structured quality information to base their decisions and future plans.
Increasing systems and architecture efficiency to maximise business benefits of data |