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#Finimize Community: The Future of Risk Management: Banking Profitability

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Swiss FinTech Innovation Lab, University of Zurich

KOL-E-13 EV Senatszimmer, Rämistrasse 71

8006 Zurich

Switzerland

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Join our fifth Community event in Zurich!

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Join our fifth Community event in Zurich hosted by Finimizer Orlando Werffeli!

Although we are not yet able to predict future financial market performance, technological developments and an increasing pressure to deliver profitability is encouraging banks to innovate on risk management.

Wealth managers and banks are under increasing pressure to deliver growing profits, so far cost cutting measures, outsourcing and digitalization have been leading contributors. But, as the traditional services of account management and payment transactions are threatened by new entrants (e.g. MoneyPark, Robinhood and TransferWise) and tech companies (e.g. Apple Pay & Facebook Libra), banks are forced to take larger risks to generate future revenues, these raise risk costs proportionately, such as hedging and regulatory risk on risk management, which eat at profit margins. Driving innovation in risk management to leverage untapped data pools and extensive domain knowledge. Join local thought-leaders in a conversation on the changing environment of risk management and how it is impacting the future of finance.

Questions:

· What is the current state of risk management functions of wealth managers?

· What are the major challenges for risk managers and what are the biggest risk management inefficiencies?

· How can data be leveraged to support risk managers, would you like to share a case study?

· How else might we analyse risk for high inflation, volatility in capital markets, recession or bankruptcy?

· What asset classes such as fixed deposits or equity can be most impacted by risk management innovation?

· How are the organisations you are involved in or working with talking about risk management innovation?

· Risk management innovation can drive profits for banks, besides increased profits are there any other benefits?

· How does risk management impact the bank's customers?

Speakers

Prof. Dr. Christian Hugo Hoffman, lecturer @ ETH, Lichtenstein& UZH and a member of the Consultative Expert Group on Digital Ethics @ the EIOPA

Jürg Baltensperger, Founder & Regulatory Consultant @ JayBee Ltd.

Andreas Julius Zimmermann, Partner @ Finhorizon AG

Agenda:

18:30 Arrival of guests

18:45 Discussion starts

19:45 Q&A starts

20:00 continued discussion informally over a drink

Venue: Swiss FinTech Innovation Lab, University of Zurich, KOL-E-13 EV Senatszimmer, Rämistrasse 71, 8006 Zürich

The Swiss FinTech Innovation Lab is a cross-disciplinary research program on the global phenomenon of innovation in the financial industry induced by FinTech. The lab`s goal is to conduct research on the topic of digitisation in the financial services industry together with participants from the whole value chain, including banks, insurers, providers, regulators, and various other organizations and associations fromthe FinTech ecosystem.

Finimize:

Our mission at Finimize is to empower you to become your own financial adviser by giving you the information and tools you need to make smart investment decisions. Sign up today for the newsletter for free: www.finimize.com

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Date and Time

Location

Swiss FinTech Innovation Lab, University of Zurich

KOL-E-13 EV Senatszimmer, Rämistrasse 71

8006 Zurich

Switzerland

View Map

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