Securities Operations A Guide To Trade And Position Management By Michael Simmons

[Claudio Davey]

Intoday's dynamic financial world, transaction banking and corporate treasury functions are undergoing rapid transformation, enabling ever higher level of end-to-end automation and straight through processing. Financial institutions (FIs) face the dual challenge of adapting to digital innovations while maintaining efficient, secure, and compliant operations. The demand for real-time payments and the integration of global payment systems continue to escalate.Advances in cloud computing,application programming interfaces (APIs)and microservices architecture are revolutionisinghow systems are connected, necessitating a shift from traditional operating models to meet evolving customer needs and competition.

AI and ML are transforming banking operations by enabling data-driven decision-making across various aspects of the business. Banks are using these sophisticated technologies to enhance risk management, improve customer segmentation, personalise marketing campaigns, and automate fraud detection.

As CEO of Mox, Barbaros is driving to bring a brand-new banking experience to Hong Kong. His extensive international banking experience guides the bank as it empowers Hong Kong people to grow and unlock possibilities through digital and personalised banking. Barbaros is a proven leader with over 25 years of banking experience spanning business management and strategy, marketing, product development, and digital transformation. He joins Mox with a solid international track record in establishing digital banks and leading them to sustainable profitability.

Before joining Mox a year ago, Barbaros held senior leadership positions at ING Bank Austria, ING Bank Turkey, and Garanti Bank BBVA, where he led their respective digital initiatives. As the CEO of ING Bank Austria, he transformed the bank from one focused on savings into a full-service digital bank. At ING Bank Turkey, he transformed and digitalised the retail business for sustainable profitability and grew its profit base materially. He further established a full-service digital bank at Garanti Bank BBVA to expand its customer base exponentially.

Chalee Asavathiratham joined Siam Commercial Bank (SCB) in April 2020, and is currently the senior executive vice president (SEVP) and chief digital banking officer. Asavathiratham has extensive working experience at leading local and foreign companies. Prior to joining SCB, he was the chief research officer at WorldQuant, in charge of researching teams and data scientists in 14 countries worldwide.

Maireles has built his reputation through leading digital banks, innovation projects and scaling up business-to-customer and business-to-business products in Europe, US and Southeast Asia. He is a speaker, blogger and one of the leading FinTech influencers since 2015. He is also a fintech and financial inclusion practitioner, with more than 15 years of insight across product and customer experience, design, marketing and behavioural economics.

John Wong is currently responsible for Hang Seng wholesale banking cash management business and strategy with coverage across sales, product management, digital banking channel development and client implementation. With over 30 years of experience in the banking industry, his specialization lies in transaction banking. Prior to joining Hang Seng Bank in 2015, Wong spent 25 years with Standard Chartered Hong Kong and China. He has successful career span in leading business transformation and managing changes effectively. He is an experienced leader with a background in commercial banking, and is adept at working with people from diverse backgrounds. He was named Transaction Banker of the Year by The Asian Banker in 2018.

Kanokporn Jootar has over 20 years of combined experiences in transaction banking and financial & technology consulting. She is a seasoned professional who understands the intricacies of both worlds and leverages this knowledge to drive financial well-being for clients. At ttb, Jootar is responsible for providing innovative transaction banking solutions to corporate and SME clients, helping them optimize their cash management and improve operational efficiency and stakeholder well-being. To stay ahead of the curve, ttb is constantly looking for new ways to innovate and improve the transaction banking experience for clients. This includes leveraging technologies and partnerships to develop new products and services that can help clients stay ahead of the competition.

Steven Beck has over 15 years of experience as Head of Trade and Supply Chain Finance at the Asian Development Bank (ADB). He established the first authoritative source of default and loss data in trade financing, reshaping the regulatory treatment of trade finance and freeing up billions in additional financing capacity. Beck launched ADB's analysis on global unmet demand for trade finance, highlighting the need to create transformative benefits for small businesses in developing Asia. He drives ADB's digitalization efforts in global trade, leading the creation of the Digital Standards Initiative (DSI) and promoting gender equality by conducting a gender audit of ADB's partner commercial banks. He serves on industry bodies, including the Governing Board of the DSI and the World Trade Organization (WTO) Working Group for Trade Finance and others. Beck is a member of Advisory Council of the International Financial Reporting Standards Foundation, providing strategic advice on international accounting and sustainability reporting standards.

John Medina is the Chief Operating Officer of the Philippine Bank of Communications. He has more than 25 years of experience driving innovation, change and transformation for financial services in different countries.

He was a pioneer in the process and technology management practice in the 1990s when he helped transform the Asia Pacific operations of one of the largest multinational banks. He subsequently established a private consulting firm in the United States, helping design new digital business initiatives for financial institutions and startups.

Prior to joining PBCOM, he was the Head of Global Operations, Technology and Credit for the Philippine National Bank. He was also the Integration Director who oversaw the merger of Philippine National Bank and Allied Banking Corporation in 2013. Medina also worked at Union Bank of the Philippines where he conceptualised and implemented digital banking products and services.

Noppachai Tungsinpulchai has an extensive experience in financial budgeting control, risk management, technology implementation, process improvement and internal control for over 10 years for financial service institution and large multinational Companies. He actively drive business to achieve the business result and monitoring the goal both financial operation and regulatory compliance.

Adisorn Hatairatana is currently the head of consumer credit risk model development & technology at Krungsri. Prior to Krungsri, Adisorn was the director of quantitative risk management at Mnementh Analytics, a fintech startup, building a CECL software solution (Janus) and provided model development advisory services to one of the largest monoline credit card providers in the US among others. He also has a wide range of banking experience from community banks, regional banks, and a global bank. He was in market risk analytics at SS&C GlobeOp, a Long-Term Capital Management legacy, supporting chief risk officers from large hedge funds clients.

Theo is a globally recognised and sought-after futurist and international speaker, author, and authority on the future of business, technology, and society focusing on the convergence of emerging trends, including Web3, Metaverse and Artificial Intelligence. He is widely known and sought after for his forthright views on the negative impacts of technology on society and currently works to inform political and business leaders of the risks and benefits of adoption.

Theo has been listed as a Top 100 global technology influencer and thought leader on the Internet of Things (IoT), Artificial Intelligence (AI), and Fintech multiple years in a row. He has worked with some of the biggest names in tech and business including SAP, Siemens, Bosch, Software AG, AON, and Hewlett Packard Enterprise - consulting, speaking for, and advising on strategic foresight, and emerging technologies. He has mentored a number of startup accelerators including the HTC ViveX VR incubator and Alchemist, one of Silicon Valley's Top 10.

Arvid is passionate about digital transformation & innovation and how this is increasingly changing the way we work, live and play. He has gained extensive experience in working with a wide range of FinTechs and startups in his consulting role and remains an investor, mentor and advisor across various startups globally.

Pratyush Khare is Vice President, Systems Engineering for Pure Storage in Asia Pacific & Japan. He leads a team of systems engineers across the region that provide pre-sales support to customers that are looking for modern data solutions in their digital transformation journeys.

As the Head of Consumer Business Operational Risk & Control at UOB Thailand, Mir Arshaduddin is responsible for overseeing the operational risk and control for asset products (ANR US$ 2.6 Bn) and insurance products (AUM US$ 1.6Bn). With a wealth of experience in the banking industry spanning over 25 years, he has in-depth knowledge of strategic and operational levels, with a specific focus on retail bank sales & distribution, branch operations, operational risk & controls, regulatory compliance, AML & KYC processes, credit risk operations, collections and fraud risk Management. In additional to his current role, he has held regional and country leadership roles in Singapore, Indonesia, Russia and India.

Gaitri Sharma is currently the Chief Risk Officer, Group Global Banking in Maybank. Her role as CRO is to drive the multi-pillar risk spanning from credit, operational, market, liquidity, sustainability and governance frameworks across the region.

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