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

Workshops: Monday, 20th May 2019

Workshop One

8:00 am - 10:00 am Expectations and Lessons Learned : Open Banking UK Share Their Expertise and Guide Your Open Banking Journey

Chris Michael - CTO, Open Banking UK
The Australian business world will experience a huge shift with the introduction of the Consumer Data Right, which will first impact the financial services industry. One of the main challenges in this space, as businesses await the legislative change and subsequent disruption to operation as they know them, is knowing how to prepare an organization when faced with so many unknowns. A solution to this is to learn from those who have already trialed and tested ideas and have experienced and progressed with Open Banking elsewhere. Though legislation may vary from place to place, an overarching understanding of the impact of Open Banking and the lessons learned in its implementation can provide some invaluable guidance when preparing on home soil.

As the CTO of Open Banking in the United Kingdom, Chris Michael has a wealth of experience in the Open Banking space. Chris led the development of the UK standards and created a collaborative model through which banks and legislative bodies could work together to gain clarity and progress the financial ecosystem, leveraging open banking to its full potential.
Through this workshop he will share his views and expertise on how to successfully navigate the trials and opportunities of Open Banking.

What the workshop will cover:
  • Current position: Discuss and evaluate where your business stands in this space
  • Broaden your understanding of how much regulations will steer development
  • Understand what the need will be on a technology level
  • Familiarize yourself with the intricacies of testing, tech stacks and security
  • Learn to recognize the gap between regulation and opportunities to build on top of the regulation, in order to align with business objectives

How you will benefit:
  • Receive ideas and inspiration at a business level for how to deal with the disruption of OB
  • Gain skills in how to approach integration of new technologies
  • Receive guidance on how to effectively connect and work with third parties

Facilitator:
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Chris Michael

CTO
Open Banking UK

Workshop Two

10:30 am - 12:30 pm How To Gain Competitive Advantage In The Financial Market With The Disruption Of Open Banking

Jaimie Leach - CEO, Open Data Australia
What the workshop will cover:
  • Discuss what we know already with preparing for Open Banking
  • Understand the realities of technical strategic changes to your organization
  • Realise the necessity of cultural transformation and steps needed to ensure successful transitions
  • Learn how to move towards a higher level of transparency to establish further brand value
  • Develop best practice strategies for shaping internal governance to maximize on open banking

How you will benefit:
  • Gain competitive advantage in the financial field through consideration of internal organization
  • Familiarize yourself with the intricacies of cultural transformation
  • Plan and construct a risk averse strategy for leveraging open data

Facilitator:
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Jaimie Leach

CEO
Open Data Australia

Workshop Three

1:00 pm - 3:00 pm The Open Banking Battle with HSBC - Open Banking Scenario Role Play

Georgios Miltiadous - Head of Open Banking Delivery, HSBC UK
What the workshop will cover:

- Take on the ‘role’ of an Open Banking ecosystem participant and walk through scenarios which could arise, discussing the possible hurdles and solutions
- This will include discussion around:
  • regulatory requirements and differing approaches
  • strategic frameworks for addressing open banking
  • effective delivery
  • commercialization

Facilitator
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Georgios Miltiadous

Head of Open Banking Delivery
HSBC UK