Seminar

Identity & KYC APAC Seminar

Identity & KYC APAC Seminar

Date & Time
Date & Time

Tue, 21 Mar 2017
08:30-16:20

Venue
Venue

Level 13 One Pacific Place, Hong Kong

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Event Type & Cost
Event Type & Cost

Registration
Registration

Registration Ended

Description

Evolving concepts of identity, the rise of digital technology, and regional variations around KYC and onboarding, have created a massive challenge for financial services firms in the APAC region.

ECN’s Identity & KYC APAC seminarwill explore how firms can reinvent identity authentication and KYC processes for the digital age, to vastly improve theironboarding processes.

This 1-day, highly interactive event is designed for firms looking to streamline their identification and due diligence processes for both corporate and individual clients, reduce KYC costs, and provide a more user-centric onboarding process.

Are you looking to reduce the time and cost – and improve the quality – of your identity authentication and KYC processes? If so, then this is the event for you.
 

Venue

Simmons & Simmons
Level 13
One Pacific Place
88 Queensway
Hong Kong

 

Why attend?

Attend this event to discover how to:
  • Take advantage of emerging FinTech innovations to improve your identity and KYC processes
  • Reduce the time and cost of on boarding corporate accounts and retail customers
  • Build a compliant onboarding process that new customers find efficient and engaging
  • Overcome regional variations in eID and cross-border KYC compliance across APAC
  • Use your onboarding process as a platform to better understand your new clients' needs
  • Incorporate privacy and data protection into your KYC and onboarding processes

 

Key topics

  • How regulators are encouraging the adoption of cutting edge identity authentication and KYC solutions
  • Data analytics to solve common identity and KYC issues, and to create new opportunities for cross-selling and up-selling
  • Comparing the efficiency rates, costs and risks of various biometric systems, and understanding their use cases within banking and payments
  • Analysing the scope of blockchain and artificial intelligence to make KYC more consistent, reliable and cost-effective
  • How KYC registries are partnering with fintech firms and adapting to the new environment

 

Who should attend?


Heads of KYC, Client Onboarding, Client Due Diligence, Identity, Technology, Risk, Compliance, AML, Privacy, Data Protection, and product / business lines who are driving identity and KYC within their firms. 


Why Identity & KYC is important for financial services firms


As regulators continue to put pressure on financial services firms to comply with KYC regulations, customers are also demanding quicker, slicker, digital-based onboarding processes. 

ECN's interactive seminar will highlight the leading practices and technologies that canreduce the time, cost and hassle of onboarding new clients, and monitoring existing clients. The lively discussions and networking breaks will also provide a forum for you to connect with a wide range of identity, KYC and onboarding specialists from across the APAC region.

Agenda

8:30am
Registration 

 


9:00am
Ice-Breaker & Introduction 

 


9:20am
Keynote Thought Piece: Identity & KYC in APAC - Emerging Trends & Leading Edge Solutions
  • How incumbent firms can take advantage of emerging FinTech innovations to improve their identity and KYC processes
  • How regulators are encouraging the adoption of cutting edge identity authentication and KYC solutions
  • Quantifying the costs of identity authentication and KYC
  • Overcoming regional variations in eID and cross-border KYC compliance across APAC
  • Insights into cross-bank collaborations on identity and KYC
HENRI ARSLANIAN, ADJUNCT ASSOCIATE PROFESSOR, THE UNIVERSITY OF HONG KONG 

 


9:50am
Case Study: Reducing the Cost of Onboarding Corporate Accounts & Retail Customers by 85% 
SINUHE ARROYO, CEO & FOUNDER, TAIGER 
TBC, LARGE FINANCIAL INSTITUTION 

 


10:10am
Facilitated Discussion: Combining Digital Onboarding with a Demanding Regulatory Environment
  • How to build a compliant onboarding process that new customers find efficient and engaging
  • Digitising your onboarding and KYC processes
  • Using your onboarding process as a platform to better understand your new clients' needs
  • How regulators are encouraging the adoption of new solutions to improve identity authentication and KYC
  • How regulations can encourage executive boards to address their digital risks responsibly
CHARLES D'HAUSSY, HEAD OF FINTECH, INVEST HONG KONG
DAVID CASSIDY, MANAGING DIRECTOR, KYCKR 

 


11:10am
Networking Break 

 


11:40am
Case Study 
ANDREW BURLISON, HEAD OF COMPLIANCE SERVICES, ASIA PACIFIC, SWIFT 
HOLGER FRANK, HEAD OF FIG & GTB ASIA PACIFIC REGION, UNICREDIT 

 


12:00pm
Facilitated Discussion: Data Analytics to Improve your Identity & KYC Processes
  • Examining the scope of big data to solve common identity and KYC issues
  • Creating a comprehensive identity for each client - bridging internal and external financial networks, leveraging data from other divisions within your organisation, and sharing information across financial institutions
  • Gaining high-quality user-permissioned data to know your customers better
  • Checking the quality and accuracy of the customer identities you have aggregated
  • Using data analytics to create new opportunities for cross-selling and up-selling
  • Building calculators to risk-rank clients and tailor your risk management
  • Incorporating privacy and data protection into the design of your systems and processes
  • Periodic monitoring of existing clients
    • Infusing new data into existing client profiles, to enrich them over time
    • Recognising triggers, and feeding this into an ongoing onboarding process
    • Predictive modelling
NAT SAKIMURA, SENIOR RESEARCHER, NOMURA RESEARCH INSTITUTE 

 


1:00pm
Networking Lunch 

 


2:00pm
Case Study: War Stories from the Front Line of KYC Across the World 
  • Successes and failures – overview of KYC processes in Australia, Africa and Europe
  • Meeting regulatory requirements and regulatory expectations
  • Bringing our customers on the KYC journey
FINTAN BYRNE, HEAD OF RISK & CHIEF COMPLIANCE OFFICER, CURRENCYFAIR.COM 

 


 
Hands-On Demos - the following sessions will evaluate the promise of a range of emerging technologies to bring client authentication and KYC out of the dark ages.

 

2:20pm
Biometrics to Enhance Identity Authentication
  • Comparing the efficiency rates and costs of eye scanning, facial recognition, fingerprint recognition and voice recognition systems
  • What risks are associated with banks using biometrics?
  • Use cases for biometrics in banking and payments
  • Overcoming issues of consumer perception regarding biometrics
  • Experiences and lessons learnt from: Atom Bank and Mastercard
ROBERT SODEN, SALES DIRECTOR, ASIA PACIFIC, DAON 

 


2:35pm
Blockchain for Improved Identity & KYC
  • Analysing the scope of blockchain and artificial intelligence to make your KYC processes more consistent, reliable and cheaper
EDMUND J. LOWELL, FOUNDER & CEO, KYC-CHAIN

 


2:50pm
Networking Break 

 


3:20pm
Case Study 

 


3:40pm
KYC Registries
  • How KYC registries are partnering with fintech firms and adapting to the new environment
  • Ensuring resilience in the face of cybersecurity threats

 


3:55pm
Remote Identity Authentication & KYC
  • Ensuring remote video-based authentication is secure
  • Would remote authentication be acceptable by regulators?
  • Using smart phones to enrol new customers
  • Cutting edge techniques to identify and locate mobile phones and computers
PASCAL NIZRI, CHIEF OPERATING OFFICER, HSBC / Chief Executive Officer, CHEKK

 


4:10pm
Feedback & Summary 

 


4:20pm
Close of Seminar 

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