On 3 and 4 December 2014 in Frankfurt, the annual conference "Banking Technology" took place, S&N attended with a exhibition booth.
On the 1st day the focus was the topic of "IT architecture and IT strategies for regulation and new customer requirements". Presentations from the Deutsche Bundesbank (German central bank) gave an overview of BCBS 239. Speakers from the public and private banking sectors explained the consequences for corporate strategy and IT transformation. Dr. Ricken, COO of Deutsche Bank, presented the IT platform Magellan. He described the standardisation of the backend as the method of choice in order to map regulatory requirements and create a customer-centred frontend.
On the 2nd day there were lectures on "digital business models and new competitors for banks". Stefan Müller, CIO of Commerzbank, explained the digital and branch strategy in retail banking. Brett King, CEO & Founder of the digital bank Moven, outlined a disruptive future for private banking. Following this, established Fintech startups presented their innovations. In the following creative sessions the participants demonstrated more ideas for new digital business models.
Accompanying this S & N could hold talks at the exhibition booth with interested parties. Participation in this event was a resounding success.