21 - 22 May, 2019 | The Victoria Hotel, Melbourne, VIC

Conference Day One: Tuesday, 21st May 2019

8:30 am - 9:00 am Coffee And Registration

9:00 am - 9:10 am Conference Opening

9:10 am - 9:40 am Open Banking UK Give An Update From Europe One Year On – Lessons Learned and Recommendations

Chris Michael - CTO, Open Banking UK
With the uncertainties which exist around the CDR and Open Banking in the Australian market, what can we learn from those who have already experienced this change? This session will allow an overview of the different stages of implementation in the UK as well as the considerations which should be made based on a hindsight perspective. A certain amount of adaptation with regards outlook towards the Open Banking initiative is necessary and here Open Banking UK will discuss why and what the opportunities available are.
  • One year on: an update from the UK and Europe on how Open Banking has been integrated into the financial ecosystem and the subsequent effects felt by business.
  • Use cases: tangible examples of real-time applications, implemented as a result of Open Banking legislation
The journey:
  • What are they key considerations to be made on the road to Open Banking application?
  • Lessons learned along the way to take stock of moving forward
Getting on the front foot:
  • The challenges of preparing for Open Banking with political uncertainty as to whether it will be put on hold in Australia
  • Changing the mindset from compliance to prioritization of development strategy
  • Recognizing the benefits – opportunities for financial gain
  • How can API frameworks benefit your ecosytems in the long term?
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Chris Michael

CTO
Open Banking UK

9:40 am - 10:10 am Session reserved for our sponsor OKTA and Mulesoft

Stay Ahead Of The API Age While Creating A Secure And Seamless Customer Experience For Open Banking

10:10 am - 10:40 am Speed Networking

10:40 am - 11:10 am Morning Tea

Interactive Group Discussions

Table One

11:10 am - 12:40 pm What constitutes a strong framework centred on Digital Identity and Access management that minimises breaches whilst providing the forensics and visibility needed to meet or exceed compliance?
Discussion facilitated by our sponsor Ping Identity

Table Two

11:10 am - 12:40 pm Guaranteeing Customer Privacy And Protection When Sharing Data

Table Three

11:10 am - 12:40 pm Key Considerations To Be Made When Opening Up APIs In Your Open Banking Strategy

12:40 pm - 1:10 pm PANEL DISCUSSION: The Secrets To Success: Anticipating Structural Changes To The Business Model And Why Effective Communication With All Stakeholders Is Key

It is understood that the impact of the CDR will be seismic across all industries. As the customer is given back control of their data, a huge shift in priorities within each business will be felt. The financial industry being the first affected must navigate through the unknown of these changes. This panel will bring together experts to discuss what the key changes will be to the business model and how companies can prepare for these. Achieving successful transformation internally must go hand in hand with communicative strategies which allow for awareness and understanding f the changes and impacts to both the business and the customer.
  • Adapting the internal environment in preparation for Open Banking
  • Why customer education is key to the success of Open Banking initiatives
Building awareness internally and externally:
  • communicating the implications and benefits of Open Banking to senior management
  • ensuring awareness among customers of Open Banking and its significance

1:10 pm - 2:10 pm Lunch Break

2:10 pm - 2:40 pm Session Reserved for our Sponsor Yodlee

2:40 pm - 3:10 pm Why Mystate Bank Are ahead Of The Curve And Well Prepared For Complying With And Maximizing Upon Open Banking

Paul Moss - General Manager Technology, Operations and Product, MyState Bank
Open banking will involve new risks and challenges as well as exciting new opportunities for those in the financial industry. Here Mystate Bank share their thoughts on what they anticipate to be challenges and how they look to prepare for them, as well as the importance of building awareness among all parties.

  • Mystate Bank’s view on what the risks, opportunities and challenges of open banking will be
  • Creating and implementing differing business models
  • Anticipating data usage and planning ahead
  • Recognizing the importance of customer education and ensuring it is achieved successfully
  • Building awareness internally and externally – how to communicate open banking to senior management teams and customers
  • Deciding on the best way to interface with customers – what are the options?
  • Why and how working with Fintechs can be advantageous to all parties
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Paul Moss

General Manager Technology, Operations and Product
MyState Bank

3:10 pm - 4:10 pm Moneytree in Japan: Operating in a Post Open Banking World

Ross Sharrott - CTO, Moneytree
Having already experienced operating in a post Open Banking environment in Japan, Moneytree are in a fortunate position to provide recommendations on how the Australian market should look to prepare for Open Banking. In this session they look to highlight key areas of focus for preparations, as well as make recommendations based on the lessons they have learnt on this journey.

  • Case study: Moneytree in Japan
  • Differences in legislation and standards to the Australian market and areas of crossover
  • Considerations to make when approaching open banking – what we found to be key
  • Lessons learned and recommendations based on our experiences in Japan
  • What Open Banking will mean for your business model
  • How your enterprise should be preparing for open banking
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Ross Sharrott

CTO
Moneytree

4:10 pm - 4:40 pm Afternoon Tea

4:40 pm - 5:10 pm How NAB Are Organizing Their Internal Architecture To Drive Open Banking Initiatives

Damian Fitzgibbon - Open Banking Engineering Manager, NAB
Recognition of how Open Banking will be beneficial to an institution is the first step towards enhancing business capabilities, made possible through use of the increased data pools. Here NAB discuss where they see a need to push forward digital features within their organization, as well as how they construct an architecture capable of catering to their evolving business objectives.

  • The need to drive forward digital features such as Open Banking
  • Modernizing core systems to enable access to data across the ecosystem
  • Industrializing our services to ensure their resilience
  • How transitioning to Cloud is signalling an uplift in capabilities
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Damian Fitzgibbon

Open Banking Engineering Manager
NAB

The benefits of Open Banking will only be felt by both the company and consumer if businesses are able to innovate and experiment with the construction of API frameworks. Partnering with Fintechs to achieve this vision can open up new realms of possibility, which in a competitive market, is necessary to stay ahead of the competition and retain customers. This panel will explore the key considerations which must be made when planning to open up APIs.

  • Opportunities available to industry through open data and opening up APIs
  • Piloting new ideas – keys considerations and objectives
  • Working with Fintechs to enable innovation
  • Possible pitfalls and lessoned learned in experimenting with API frameworks
  • Customer centricity – allowing creativity which focuses on the consumer’s needs
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Michael Blyth

Head of Government, Regulatory and Industry Affairs
Australian Retail Credit Association

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Keith Brown

GM
Bpay

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Paul Moss

General Manager Technology, Operations and Product
MyState Bank

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Andrew Tait

General Manager of Commercial Strategy & Sales Performance
Cbus Super Fund

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Darren Abbruzzese

Executive General Manager of Digital
Suncorp Group

5:40 pm - 6:10 pm Cbus Super Fund : Improving Communication With Members To Gain Real-Time Responses And Enable Better Outcomes For All Parties

Andrew Tait - General Manager of Commercial Strategy & Sales Performance, Cbus Super Fund
Open Banking will be an opportunity for different players within the financial field to benefit from larger pools of data and information. How they utilize this data will impact not only their internal structures, but also their relationship management with customers. Cbus have already begun considering how they plan to maximize on the new data pools through their transformation program which aims to benefit the customer as a first priority.

  • Cbus’ transformation program – building a suite of APIs to communicate with external groups
  • Encouraging voluntary tax concessional super contributions – how and why?
  • Ensuring better retirement outcomes by building an overarching picture of financial situations
  • Creating opportunities for data consolidation and simplification
  • Building an architecture capable of supporting such objectives
  • Educating the customer to ensure joint vision and benefits
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Andrew Tait

General Manager of Commercial Strategy & Sales Performance
Cbus Super Fund

6:10 pm - 6:40 pm CHAMPAGNE ROUNDTABLE: Keeping Pace In The Competitive and Uncertain Environment of Open Banking

Scott Wall - CIO, BankVic
With open banking legislation soon to affect the financial industry, there are many unknowns to address. Not only are the standards and guidelines often seen as unclear, but institutions must also grapple with the unknowns of how the data will be used by others parties and the demand they may face. This along with concerns around security and competition, are all considerations taken by Bankvic and how they are dealing with such unknowns will be discussed here.

- Dealing with uncertainty around demand and usage:
  • What data will be requested?
  • What will the demand be?
  • What will the data be used for?
- Consent and consent management in an unpredictable legislative environment
- How should we organise our core systems to be ready for Open Banking?
- Who will be the new competitors and how can we stay one step ahead?

Facilitator:
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Scott Wall

CIO
BankVic

6:40 pm - 6:50 pm Conference Closing

6:50 pm - 6:50 pm Networking Drinks