On 7th February 2012, over 30 innovative fintech companies will take the stage at FinovateEurope to demo their latest financial and banking technology innovations.

You can get 10% off the registration price if you use our special partner discount code FSClubVIP10.

Please note that the registration for this event does not use our registrations on this page, but you need to click here to go to the Finovate registration page.

When you get there, enter FSClubVIP10 where it says "click here to enter a promotion code".

Register now and, if interested, here are the companies who will be demoing at FinovateEurope 2012. 

IDEO study human behaviours and help banks design products to meet their needs.  It’s a totally different way of looking at product design that starts from the human perspective, rather than the technology.  The result is that bank product designers find out how customers use electricity metres as budgeting devices and see spare change as a savings tool rather than as round-up purchasing.

Designing such services with banks as diverse as Bank of America to PNC to State Farm, James Moed will take us through some of the real cutting edge designs for the bank of the future.

James leads design teams to develop new products, services, and business models. He works with clients to develop insights and solutions that are both actionable for their organisations and compelling for their customers. By focusing on people, not just categories, James helps clients reframe their approach to the market.

Charles Thomson became Chief Executive of Equitable Life in March 2001 when the mutual was close to collapsing.  He has been key to creating stability which, at its peak, was a £26 billion business with 1.5 million policyholders. Equitable fell dramatically from grace after being unable to pay guaranteed annuities and was forced to close to new business in December 2000, resulting in up a million policyholders losing up to half of their savings.  Since Charles took over, he has successfully lobbied for compensation to be paid by the government for losses, and sold key parts of the business to Canada Life and the Prudential.  Having achieved his goals of stabilising the business, he left in 2009 and now runs his own advisory firm.  Charles is the perfect person to advise us on how to steer a financial firm through a crisis.

The Financial Services Club is launching a Clearing & Settlement Working Group (CAS-WG), in partnership with the Realization Group, with first sponsor BT.

The Clearing & Settlement Working Group:  Terms of Reference

The aim of the CAS-WG is to debate and discuss all aspects of clearing and settlement infrastructures and processes.  The organisation and operation will be similar to the MiFID Joint Working Group and its Subject Groups that operated in the build-up to the implementation of the Markets in Financial Instruments Directive (MiFID)[1], with the intention of bringing together the top industry standards bodies, trade associations, infrastructures, investment firms and companies involved in Clearing and Settlement.

The CAS-WG will provide an opportunity for open discussion and debate amongst senior market practitioners and service providers on issues affecting Clearing and Settlement. 

More importantly, the aim is to create multiple specialist groups that will work on specific areas of interest – standards, technologies, reference data, custodial services, etc – between each of the main plenary meetings of the CAS-WG.

Specialist Subject Groups

The subject groups and their subject headings will be determined at the inaugural meeting on 29^th February.  Anyone who wishes to propose a group, lead a group or be a member of one of the groups can volunteer their participation and input at the inaugural meeting.

The subject groups will be facilitated through support from the Realisation Group and any organisation that wishes to be involved can propose their support before, during or after the inaugural meeting.

We believe that these subject groups are particularly important today as Clearing & Settlement, and in particular Clearing, will be massively impacted by new regulations being drafted and implemented across the world such as Basel III, Dodd-Frank, the Vickers Report and the MiFID II.

The aim of the subject groups is to provide specific input to the regulatory bodies – including the FSA, its successor bodies the PRA and CBA, and Michel Barnier’s team in the European Commission – on the business and technology implications of implementing the regulations in draft and final form, with the intention of ensuring these regulations are practical, appropriate and effective.

The output of the subject groups therefore will be actions that are clearly practical about the details of the impact of new regulatory developments upon clearing and settlement operations, infrastructures, standards and technologies.  

Meetings

The first meeting will be held at BT’s offices at 81 Newgate Street, London EC1A 7AJ on the afternoon of February 29^th where we will have four panels discussing:

• Volker/Vickers/MiFID II and impacts on post-trade operations and IT, particularly with regard to OTC Derivatives and Clearing
• T2S – problems of change and implementation for settlement
• Giovannini Group Recommendations, Innovation & Technology – what progress has been made?
• Standards in Post-trade operations

Registration starts from 13:30 and the first meeting will begin at 14:00 with panellists from  clearing and settlement infrastructures, investment firms, standards bodies and industry associations and more attending.

After the meeting on 29^th February we expect to have quarterly plenary meetings thereafter to update members on the sub-group activities.

There will also be regular subject group meetings, the number of which will be dependent upon the outcome of the first meeting.

Membership of the CAS-WG

We aim to run the CAS-WG so that attendance and involvement is completely free and open.  It is also aimed to be inclusive of all participants in Clearing and Settlement operations.

Attendees and active members are expected to be from all parts of the financial industry – buy side, sell side, exchanges, CCPs, CSDs, standards bodies, solutions providers, technology  providers, telecommunications, consultancies, law firms, accounting firms and more.

Sponsorship opportunities

As participation is intended to be free, we aim to cover the costs of running the CAS-WG through sponsorship.  Sponsorship is open to any organisation that wishes to be seen as a thought-leader in this area, or who wishes to engage and influence the market participants outlined above.

For years, we’ve tried to replace cash with cards.  Now we’re tryihng to replace cash with phones.  Can cash ever actually be replaced?  After all, cash in circulation is increasing year on year and cash is still the only truly trusted, real-time value exchange that exists in any economy.  So what is the future of cash … or rather, for some, is there a future for cash?  In this stimulating debate, the anti-cash movement meets the cash fundamentalists in an evening where some sparks are sure to fly.

Adam Lawrence

Adam Lawrence was appointed Chief Executive on 1 January 2011.

Adam is an experienced Executive. He began his professional career as a Chartered Accountant with Price Waterhouse. Since 1995, he held a number of senior positions with Catalent Pharmaceuticals for businesses located across Asia Pacific, Europe and the US. He was Vice President Finance for the Sterile Technologies division before leaving in 2008 to join the Royal Mint as Director of Finance.

Adam was appointed as Chief Operating Officer in May 2010 and holds an MBA from Monash Mt Eliza Business School.

John Howells

John Howells became CEO of the LINK network in June 2011.  He  was previously a Director of Ernst & Young’s Financial Services business and Head of Benefits and Pensions Consulting at Capgemini where he specialised in the design and implementation of strategic change for major public and private sector organisations.   

David Birch

David Birch is a Director of Consult Hyperion, the IT management consultancy that specialises in electronic transactions, where he provides specialist consultancy support to clients around the world. Before helping to found Consult Hyperion in 1986, he spent several years working as a consultant in Europe, the Far East and North America. He graduated from the University of Southampton with a B.Sc (Hons.) in Physics.

Francesco Burrelli

Francesco has over 15 years experience in consulting and banking with a focus on cards, payments and transaction banking with a specialisation in strategy, M&A, innovation, new product development and performance improvement. His experience spans from small regional banks in continental Europe to major international institutions including payment schemes and processors on global basis.

SWIFT has survived the financial crisis, albeit with a contraction in volumes of messages that challenged the network and infrastructure to rethink its approach, organisation and strategy.  Now, SWIFT is gearing up for its next phase of growth but how will it achieve such growth and who are its challengers?  In this keynote, CEO Lázaro Campos will take us through his vision of SWIFT for the next decade.  Lázaro succeeded Lenny Schrank as CEO of SWIFT in April 2007 having joined SWIFT in 1987.  He has served in many roles through his tenure with the organisation, including Head of Marketing where he led the SWIFT strategy initiative in the 2000s and, prior to his appointment as CEO, was Head of the Banking Industry Division.

Elizabeth Corley is Chief Executive Officer of Allianz Global Investors.  She joined the company in April 2005 and in October 2005.  Prior to joining Allianz, Elizabeth spent eleven years working at Merrill Lynch Investment Managers. She became Managing Director and Head of the EMEA Asia Pacific Mutual Fund Business as well as Member of various Boards including MLIM UK Ltd. and Merrill Lynch International Investment Funds. Before this, Elizabeth was a partner with Coopers & Lybrand and prior to that worked for the Life & Pensions industry.

Elizabeth is a Fellow of the Chartered Insurance Institute (UK), the Chartered Institute of Marketing and also holds a Post Graduate Diploma in Management Studies. She was named Personality of the Year in 2006 by Funds Europe and Most Influential Woman in Asset Management in 2009 by Financial News. From March 2006 until the end of June 2007, she was Chairwoman of FEAM (Forum of European Asset Managers); in September 2010 she was appointed Chairwoman for a second term. Elizabeth is also a board member of TheCityUK Ltd and a member of the City of London International Regulatory Strategy Group. Starting in April 2011 she serves as non executive director on the Financial Reporting Council, the UK’s independent regulator responsible for promoting high quality corporate governance and reporting to foster investment. Elizabeth is a fellow of the Royal Society of Arts. She is also an acclaimed writer and has had four thriller novels published.

Bank of America is known as an innovator in their domestic markets but what does this mean for the international corporate client?  Carole Berndt will tell all in this key session for transaction banking professionals.

Carole Berndt is the head of global treasury services for Europe, the Middle East and Africa (EMEA), for which regions she is in charge of the end-to-end product, business, technology and operations and client sales management strategy for treasury business. Previously, Berndt led the client delivery team for Citigroup in New York, with global responsibility for end-to-end delivery of implementation, service and client technology for its global treasury products portfolio.

Mark Hoban was appointed Financial Secretary to the Treasury in May 2010.

Mark was appointed the Shadow Financial Secretary to the Treasury in December 2005. Between November 2003 and December 2005 he was Shadow Minister for Schools. Prior to November 2003, he was an Opposition Whip. Between 2001 and 2003 Mark was a member of the Select Committee on Science and Technology.

Mark was born in 1964. He married his wife, Fiona, in 1994 and they live in Locks Heath. Mark was born and brought up in the North East of England, where he attended a comprehensive school in Durham. He has an economics degree from the London School of Economics. After graduating he qualified as a Chartered Accountant, and went on to work for PricewaterhouseCoopers between 1985 and 2001. Mark has been the MP for Fareham since June 2001.

Andy Haldane is Executive Director for Financial Stability. Andy has responsibility for developing Bank policy on financial stability issues and the management of the Financial Stability Area. He is a member of the newly established Interim Financial Policy Committee as well as several senior management committees of the Bank. He is also a member of the Basel Committee.

Andy joined the Bank in 1989. In previous roles he has headed the Bank’s work on risk assessment, market infrastructure and on international finance. Prior to that he worked on various issues regarding monetary policy strategy, inflation targeting and central bank independence.

Andy has written extensively on domestic and international monetary and financial stability, authoring around 100 articles and three books. He is the co-founder of a charity 'Pro Bono Economics', which aims to broker economists into projects in the charitable sector.