CIO SIX Financial Information
Come to this talk over a lunch session to learn from Andreas Iten and find out how F10 has been successful in productizing ideas into the market. Discover the journey undertaken by SIX and the Swiss banks to make “Paymit” ready for the marketplace and hear what lessons they learnt from this experience.
Head Business Management SIC
Between now and 2020, payments landscapes are to be rewired. At the center of this rewiring roadmap stands large market infrastructures, whose rollout plans will affect most institutions represented at SIBOS. In this session, senior representatives of selected infrastructures will outline their implementation plans and approaches, in the context of the ISO 20022 Harmonisation Programme.
Head Markets & Clients
Strategic Business Development
Forward compatibility is a capability to plan ahead for gradual adoption of an ecosystem. This is about knowing HOW to get to the new/next destination. No disruption will happen without a fundamental re-design – or, a re-invention of the current end-to-end business processes.
• How do you rally the main stakeholders of the ecosystem into a rigorous system and process innovation? Process innovation is different from process-, data model-, or messaging standardization. It is not about standardizing the existing, and guaranteeing backwards compatibility. It is about co-creating a new reality.
• How do you promote the evolution from the current model to the future model? In the case of distributed ledger technologies for example, it is not about a "tabula rasa" that will eradicate the existing, but how the existing is going to evolve. Example: a messaging hub-and-spoke paradigm towards business objects and lifecycles in the cloud, initially existing in one central database (one node), then evolves to peer-to-peer networks of many distributed databases or nodes.