Digital and automatized labour, brought about by new tools, may have a major impact on the operation of financial services firms. Advances in robotics process automation (RPA) and artificial intelligence are enabling the automation of a wide range of business processes without the need for complex or expensive technology.
In this second presentation within a mini-series on robotics, Subject Matter Advisors from EY Japan will outline some practical applications for robotics for major overseas headquartered Banking and Capital Markets firms in Japan. Topics will include:
· Business Context, Drivers.
· Why is RPA the next big disruptor.
· Local opportunities and challenges
· Banking and Capital Markets specific example use cases
· How to deliver sustainable benefits - Transitioning RPA from tactical to strategic
Rody Posthuma leads the international IT Risk and Assurance practice in Japan covering Risk Assurance and Risk Transformation services to the Financial Service Industry. Rody is a global IT audit partner in charge of a number of global Financial Services clients and provides IT Risk Advisory services to tier 1 Banks and Insurance companies. Rody has over 23 years of experience in advising clients in a range of areas such as IT Governance, IT risk management, IT regulatory compliance, Project risk management , IT security, Business Continuity, Operational Risk, IT assurance, IT compliance and deployment of Risk Systems.
Gary Stanton has over 30 years of experience in banking and securities and a practitioner and consultant in regulation, sales, trading, customer service and operations. He is responsible for the business development and delivery of projects for major clients of EY Financial Services Advisory Practice in Japan and is a member of the EY Global Financial Services Risk Management Leadership Group.
Ms. Tomoko Amaya , Deputy Director General, Inspection Bureau, Financial Services Agency
IBA Japan welcomes Ms. Tomoko Amaya from the Japanese Financial Services Agency, to give an overview of the FSA’s 2016-17 Financial Administration Policy.
Ms. Amaya, Deputy Director General at the FSA’s Inspection Bureau, will give an over view of the 2016 Financial Administration report including pulling out some of the features particularly relevant to foreign banks. She will include:
· The FSA's approach to regulation and its expectations of regulated firms including foreign institutions
· The FSA's own internal organisation and how it will meet its objectives
· Thematic priorities
· Impact of changing composition of household assets
Dr. Paul Sheard, Executive Vice President and Chief Economist, S&P Global
We are pleased to welcome again S&P’s chief global economist, Dr. Paul Sheard, a noted and well-respected economist and Japan watcher now based in New York. He will give a wide-ranging presentation on the economic outlook for Japan and globally commenting on the following themes:
· Outlook for the US economy in the aftermath of the presidential election.
· Views on interest rates increases in the US.
· Impact of the Brexit referendum on the global economy.
· The new Bank of Japan policy course.
· Considerations of the effectiveness of negative interest rates in Japan and Europe
Paul Sheard is Executive Vice President and Chief Economist of S&P Global. He spearheads the company’s economic and market thought-leadership and engages with a broad range of market participants and external stakeholders. Teams led by Dr. Sheard provide the macroeconomic forecasts and macro-credit views used by S&P Global’s analysts during the ratings process, conduct fixed income research, and foster cross-divisional research collaboration. Dr. Sheard chairs S&P Global’s Academic Council and he helps to oversee the S&P Global Institute. He is also a member of S&P Global Ratings’ Executive Committee.
Previously, Dr. Sheard held chief economist positions at Nomura Securities and at Lehman Brothers and earlier he had been Head of Japan Equity Investments and Japan Strategist at Baring Asset Management in Tokyo.
Dr. Sheard speaks regularly at major conferences around the world and his views are frequently quoted in the international media. He was a member of the World Economic Forum Global Agenda Council on the International Monetary System in 2010-12 and is a member of the Bretton Woods Committee and of the Economic Club of New York.
Earlier in his career, Dr. Sheard was on the faculty at the Australian National University (ANU) and at Osaka University, and was a visiting researcher at Stanford University and at the Bank of Japan. Author or editor of several books and numerous articles on the Japanese economy, Dr. Sheard won the SuntoryGakugei Prize in the Economics–Politics Division for his book, The Crisis of Main Bank Capitalism.
Dr. Sheard received his bachelor’s degree from Monash University in Australia and a master’s degree in Economics and a Ph.D. from the ANU.
