ITFA Fintech discovery day for Nordic market – 27 February 2019

Save-the-date: 27 February 2019 – ITFA Fintech discovery day – Helsinki, Finland

ITFA Fintech discovery day – actionable technology innovations for SME Lending and Trade Finance – in association with Finnish Fintech Ecosystem, OP Financial Group, SEB and Standard Chartered Bank

Innovations in trade finance are making headlines. Transaction analytics, platform-based communities, data technologies, artificial intelligence, machine learning, blockchain infrastructures, … are upgrading global trade finance practices and contributing to financial inclusion.

How can all players in the trade ecosystem benefit from those innovations today? Will the current trade finance practices be rendered obsolete in the future digital era, or will technology enable an incremental upgrade of established practices? How can banks and corporates develop their own ROI-driven fintech adoption plan?

Join us at this fintech discovery day organised jointly by ITFA and Finnish Fintech Ecosystem and learn how the various ITFA fintechs help banks, their clients and their capital market investors todayand how you could benefit too. At the end of this educational briefing, you will be equipped with deeper insights on actionable trade-focused innovations.

André Casterman, Chair of ITFA Fintech Committee explains: “Fintechs deliver more than technology. They are establishing new trading communities around specialised platforms where multiple parties engage in trade transactions. This will become the preferred and dominant business model for banks and financial institutions in the future”.

Venue: OP Financial Group, Helsinki, Finland
Target audience: Nordic banks, corporates, capital market investors and fintechs
Date: Wednesday 27 February 2019

Agenda is as follows:

08:30 – 09:00 Welcome Coffee

09:00 – 09:15
Introduction by the host – OP Financial Group

09:15 – 09:30
Helping banks, corporates and fintechs collaborate and grow together
Banks and fintechs are increasingly collaborating. The fintech opportunities for banks are numerous and banks’ own clients and counterparties are discovering this too. What does the future hold? Is now the right time for banks to engage?

09:30 – 10:15
Discovering the ITFA fintechs of the day
How can banks as well as their clients and risk/liquidity partners benefit from ITFA fintechs?

10:15 – 10:45 Coffee Break and Fintech demos

10:45 – 11:20
Panel 1: Fintechs helping banks address the financing gap
How can technology enable easier access to financing for mid-caps whether acting as suppliers or buyers?

11:20 – 11:30
Pitch 1: Trade Insights as a service – delivering trade insights using your data

11:30 – 12:05
Panel 2: New digital assistants to assist trade finance operations with machine learning and data technologies
How can technology assist trade finance teams in their daily repeated tasks? How can this be achieved with limited impact on existing business practices and internal systems?

12:05 – 12:15
Pitch 2: Attracting the younger professionals in the trade industry – leading market associations on the case

12:15 – 13:30 Networking lunch and Fintech demos

13:30 – 14:05
Panel 3: Attracting new investors into trade finance and upgrading credit scoring practices with artificial intelligence
How can banks partner with correspondent banks and with capital market investors to offer more funding capacity to their clients? Is an originate-and-distribute model on the horizon?

14:05 – 14:15
Pitch 3: Fintechs working together for good – how data- and platform-focused fintechs can be combined

14:15 – 14:50
Panel 4: Pricing the risk of trade and increasing insurance capacity for corporates and banks alike
How can platform-based processes assist corporates, banks and credit insurers in discovering the pricing of trade risk and trade financing?

Wrap-up and Fintech demos

14:50 – 15:00
Pitch 4: Standardised Trust – a global community of change-agents in trade finance

15:00 – 15:15
Conclusions of the day

15:15 – 16:00 Networking Drinks and Fintech demos

Kirsi Larkiala, Founder and Executive Director Finnish Fintech Ecosystem adds: “This fintech educational day is an opportunity for the Nordic banks and corporates, as well as for other fintechs, to get deep insights on the innovative value propositions brought by the ITFA fintechs”.

Access will be free of charge and restricted to confirmed guests. More details on registration process and detailed agenda will follow in due time.

We take this opportunity to thank Finnish Fintech Ecosystem, as well as OP Financial Group, SEB and Standard Chartered Bank for their collaboration with ITFA.