[WSO2Con EU 2017] Keynote: Digital Transformation in the Guise of a Regulation - PSD2 and Open Banking

  • By WSO2 Team
  • 6 Nov, 2017

Digital Transformation in the Guise of a Regulation - PSD2 and Open Banking

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Digital Transformation in the Guise of a Regulation - PSD2 and Open Banking

Seshika Fernando Head of Financial Solutions, WSO2
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Digital transformation opportunities present themselves in many forms. Changes in customer behavior, the shift in social norms, the rise and collapse of certain industries, regulatory measures could all potentially be a digital transformation opportunity. However, enterprises need to remember that opportunities aren’t always easily recognizable. What seems like a threat today, could be a game changer for your business in the next 5 years.

Cue Open Banking. Banks who viewed PSD2 and Open Banking as an imminent threat are now looking at it as a catalyst for digital transformation. However, a blurred line exists between concept and reality. What are the key technology elements to leverage for a long-term strategy? How to sustain this by matching internal competencies to external drivers? And when they look back on this regulation in five years, will they consider themselves a survivor or a thriver? This keynote will cover:

  • The role of PSD2 in redefining banking as we know it
  • The journey from Open APIs to Open Banking - An ecosystem for digital transformation
  • Thinking beyond 2018 - Building an Open Banking strategy for long-term success
  • Concept to Reality - Realising the digital transformation opportunities of Open Banking

Presenter

Seshika Fernando Head of Financial Solutions, WSO2

Seshika heads the financial solutions team at WSO2 where she builds financial industry-specific solutions using WSO2’s middleware platform. She also works closely with potential customers looking to deploy a financial solution, providing ongoing consulting. Throughout her career, she has had extensive experience in providing technology for investment banks, regulators and stock exchanges from across the globe.