Financial crime, terrorist financing top concerns in the banking and financial sector in 2010
Innovations Software Technology, a member of the Bosch Group and a leading provider of software solutions for the banking and financial services industry, will host the Innovations Conference for Banks Middle East 2010, which will take place on February 2 at the Novotel World Trade Centre in Dubai. The conference, being held for the first time in the Middle East, will focus on the banking and financial industry's growing interest in compliance as well as the industry's increasing concern for financial crime and terrorist financing.
Innovations Conference for Banks Middle East offers in-depth insights into customer relationship management and compliance topics, and provides an outlook on the banking and financial services industry for 2010. The event also includes lectures given by high-profile speakers from regulatory authorities, consultancy firms, banks and Innovations Software Technology, while numerous networking activities have likewise been prepared. Walter Pitz, Managing Director and co-founder of Innovations Software Technology, said: "Priorities within the banking and financial sector have dramatically changed in light of the current economic situation. There has been a significant surge in interest in compliance, as financial and banking institutions move to fix loose ends and address areas of vulnerability. Innovations Software Technology is supporting the conference as the event provides the perfect platform to showcase our extensive range of software solutions and services, particularly our compliance solutions, which are now in great demand in the industry."
Innovations Conference for Banks Middle East has prepared a diverse range of topics that affect the performance of industry players in the region. Innovations Software Technology, for its part, will conduct a presentation on "Process-oriented Client Management to Support Trustworthy Client Relationships," wherein it will showcase its client management systems for private banking and wealth management. Its compliance solutions that are designed to prevent money laundering and illegal insider trading will be part of the presentation on "Successfully Combating Financial Crime".
Other topics to be discussed include "A Critical Assessment of the latest Trends and Developments in Compliance"; "Practical Implementation Issues for Financial Services & Insurers"; "The World in 2010 – Global Trends & Local Responses"; and "Re-establishing Trust in Banks".