Many innovations have emerged in the past few years which have used new technologies to improve banking operations on both corporate and retail services. Faster digital platforms for client background checks, AML, settlements and other processes made possible for financial transactions to become increasingly simpler and faster.
These innovations are pushing traditional financial services players to change their structure and facilitating the market entry of new players.
Experts from Gartner Japan will present their views on the current state of play of digitalisation in the financial services industry. Topics will include:
Key drivers for banking digitalisation.
Expenditures benchmarking, key development areas and current state of the industry.
The Competition between traditional firms and fintech players.
Regulatory trends for digital operations.
Best practices for digital and IT transformation.
Mr. Tsuyoshi Oyama, Partner, Deloitte Touche Tohmatsu LLC
Mr. David Samach, Director, Deloitte Tohmatsu Consulting
‘Conduct Risk’ is now a major area of focus for global regulators with increasing attention from the Japanese authorities. Conduct risk affects a wide range of activities carried out within firms such as regulatory reporting, financial crime and ensuring the robustness of systems infrastructure. The realization of conduct risk can have a significant negative impact on the activities of a regulated firm and the wider financial system. This is why global and national regulatory bodies expect that combatting conduct risk is an integral part of a firm’s risk management framework.
Two presenters from Deloitte Touche Tohmatsu will highlight the latest global regulatory initiatives targeting conduct risk and their implications. They will also discuss how conduct risk is being considered by the Japanese authorities and their expectations of regulated firms.
A brief primer on the evolution and drivers of conduct risk.
Global and local regulatory approaches and important recent developments.
Effective Governance to meet the expectations of both local and global regulators.
Key Challenges and Insights for implementation in the Japanese context.
Tsuyoshi Oyama is the Head of Deloitte`s Center for Risk Management Strategy. He joined Deloitte in 2010 after working 23 years at the Bank of Japan, most recently as deputy director-general in Financial System and Bank Examination Department. Mr. Oyama has expertise in Economic Analysis, Financial Advisory, and Risk & Capital Management, bringing also a wealth of experience to regulatory issues.
David Samach co-leads Deloitte Tohmatsu’s International Financial Services Program. David started his career at Deloitte, then worked at Credit Suisse in New York and London prior to re-joining Deloitte in January of 2015. He holds an MBA from London Business School and a BS from Duke University.
