Data and the Future of the Financial Services 2021 | City and Financial Global | 12 May 2021 | Virtual

The financial services sector is probably the most data intensive sector in the global economy, so the impact of Big Data is hard to overestimate.

Financial services companies have been investing heavily for more than a decade in data collection and processing technologies in order to realise the potential competitive advantage inherent in the enormous data sets that they have accumulated and to improve their offerings to customers. They have developed sophisticated tools such as customer analytics, real-time analytics and predictive analytics to assist them in reaping these benefits.

However, a number of change drivers are now reshaping Big Data: the explosion in sustainable finance has created an urgent need for climate change-related data; the Covid-19 pandemic has catalysed the transition to digital finance; the IoT is also increasing the amount of input data; incumbent FS providers are facing fierce competition from nimble fintech players unburdened by legacy systems; new technologies are becoming available for processing the ever increasing amount of data; frictionless cross-border data flows are now under threat; increased cyber security threats mean that the data that data protection needs to be constantly enhanced; and, of course, the sector is under far greater scrutiny from regulators, who want financial services firms to build a strong data culture to ensure responsible, transparent, and ethical use of machine learning and data analytics.

As part of its well-established portfolio of high-level technology events, many of which have enjoyed government support, the conference will bring together leading experts to examine the data-related developments of most concern to the financial services industry and regulators and to discuss the fundamental changes that lie ahead of us. The event will also enable c-suite executives to benefit from real life case studies and best practices in the use, collection and sharing of data.

An impressive array of top experts will guide delegates through the key issues, including:

• Global data challenges and different types of data. What does ESG data actually mean and how do we collect high-quality green data? What comes next, and how will the expanding access to data and the sources of data empower future global economic development?
• Update on the National Data Strategy
• The importance of data-driven approach, improving systems and building an outstanding talent pool
• The future of data in the financial services and the role of regulators
• The future of international data transfers given the impact of the UK-EU trade deal, other recent UK FTAs and international sanctions
• Trust, ethics and the ethical data use in the financial services industry and beyond. Building a culture of trust and creating ethical policies and frameworks that enable you to act with confidence.
• Application of data ethics from a legal and commercial perspectives
• Ethical data and AI for Humanitarian Aid
• The future of financial services industry with Data + Artificial Intelligence. How are the emerging technologies transforming data frameworks? Is Cloud the answer?

2021 Speakers

CHAIR:

Vivienne Artz OBE
Chief Privacy Officer & Managing Director, London Stock Exchange Group

SPEAKERS:

The Rt Hon John Whittingdale OBE MP
Minister of State (Minister for Media and Data)

Elizabeth Denham CBE
UK Information Commissioner, ICO

Roger Taylor
Chair, Centre for Data Ethics and Innovation

Simon McDougall
Deputy Commissioner – Regulatory Innovation and Technology, ICO

Sherry Madera
Chair, Future of Sustainable Data Alliance and Chief Industry & Government Affairs Officer, Refinitiv

Søren F. Mortensen
Director, Global Financial Markets, IBM Industry Academy Member

Fabio M. Natalucci
Deputy Director, Monetary and Capital Markets Department, International Monetary Fund

Diana Paredes
CEO & Co-Founder, Suade Labs

Jeni Tennison
Vice President and Chief Strategy Adviser, The Open Data Institute

Joe Jones
Head of Data Adequacy, Data Policy Directorate, Department for Digital, Culture, Media and Sport

Ben Rattenbury
Manager, Sustainability, UK Finance

Dawd Haque
Global Lead for Regulatory Market Initiatives, Transformation & Strategy, Deutsche Bank

Peter Dalton
Senior Associate, Herbert Smith Freehills

Miriam Everett
Partner, London, Herbert Smith Freehills

Belinda Doshi
Head of Legal, Data and IP, Lloyds Banking Group

Bojana Bellamy
President, CIPL

Beju Shah
Special Advisor Digital Innovation, Bank of England

Philip James
Partner, Eversheds Sutherland

Kate Dodgson
Co-Lead, The Humanitarian Data Science and Ethics Group

Adrian Weller
Fellow and Programme Director for Artificial Intelligence, The Alan Turing Institute

Sneha Shah
Managing Director, Group Head LSEG Business Accelerator, London Stock Exchange Group

Dr. Lee Schlenker
Professor of Business Analytics and Digital Transformation Principal, The Business Analytics Institute

David Brunner
CEO, ModuleQ

Caitlin Fennessy
Research Director, International Association of Privacy Professionals (IAPP)

Gavin Littlejohn
Chairman, Financial Data and Technology Association (FDATA)

Richard Palmer
Senior Managing Director, EMEA Technology, FTI Consulting

Linda Thielová
CIPP/E, CIPP/US, CIPM, Data Privacy Counsel, UK Lead, OneTrust

Nina Bryant
Managing Director, FTI Consulting

2021 Sponsors and Partners

PREMIER SPONSOR:
• Refinitv

KNOWLEDGE PARTNER & SPONSOR:
• Herbert Smith Freehills

SPONSORS:
• Eversheds Sutherland
• OneTrust GRC
• FTI Consulting

SUPPORTERS:
• Akara
• The Business Analytics Institute (BAI)
• The Digital Analytics Association (DAA)
• Financial IT
• ICLG
• Innovate Finance
• IOA
• Savvy Investor
• Industry Events Online