Hanoi, Vietnam, October 07, 2015 --(PR.com
)-- Increasing global financial connectivity and complexity of financial products have driven central banks and regulatory bodies worldwide to enforce a variety of risk and compliance mandates. A common highlight in most mandates is the emphasis on automation, demand for quality data and building agility for future changes. Meanwhile the SBV has embarked on a Basel journey to establish a stable and stress-free financial ecosystem in Vietnam by launching a pilot implementation phase for 10 banks - to be eventually rolled out to all banks. Member banks are now faced with a choice between a tactical or a strategic approach, not to mention the challenges of preparing for Basel adoption.
Scheduled to be held on 13 October at Melia Hanoi, market leader for regulatory compliance Fintellix, together with premier technology partners Vizen and Komtek, is hosting an exclusive CXO Breakfast Briefing for banking leaders to examine the impact of the Basel journey banks are about to embark on and preparing for the same. With the theme 'Buckle up for Basel: Preparing for SBV’s Basel compliance mandate with a solid compliance foundation', the briefing will also demonstrate why this is an opportune juncture for banks to "future-proof" regulatory compliance. The event is expected to be attended by CROs, CIOs, CFOs, Heads of Credit, Market & Operational Risk and Heads of Basel PMO.
Highlights of the CXO Briefing -
• Evolving global compliance landscape and impact on banks
• Insights from Basel / Compliance journeys of banks in other regions
• Complexity and intricacies involved in ensuring Basel adoption
• Key steps in preparing for the Basel journey (organisational changes, data governance and technology investments)
• Advantages of a pre-built and strategic Risk & Regulatory Platform
Fintellix is the partner of choice to global and regional banking leaders in India, Asia Pacific, the GCC & Africa and has helped multiple prominent banks in ambitious central bank regulatory mandates in the face of challenging deadlines and constant change. After enabling several prominent Asian banks to successfully comply with various regulatory reporting requirements, Fintellix is now ready to work with progressive banks in Vietnam to help them implement Basel II compliance. www.fintellix.com