Written By Systems
The 12th edition of Bank of the Future Forum (BOFF) 2023, co-hosted by Systems Limited and Temenos, concluded on 5th October 2023 at the PC Hotel Karachi. With over 25 esteemed global speakers and a gathering of over 500 attendees representing banking leaders, decision-makers, regulators, fintech experts, and media, BOFF 2023 lived up to its reputation as a premier banking industry congregation.
This year's theme, Cloud Banking, set the stage for a deep dive into transformative trends including Embedded Finance, Banking as a Service (BaaS), Customer Experience, Digital Transformation, Cloud, and Security. The event featured immersive demonstrations and the latest technologies showcased by international sponsors including Nevis Security, Red Hat, Salesforce, HID Global, Formpipe, Validata and
Hysab Kytab. Systems Limited also exhibited its groundbreaking solutions & services such as banking in the Metaverse, customer onboarding, digital wallet, loan origination, and more.
BOFF 2023 commenced with a visionary address by Mr. Asif Peer, CEO & MD, Systems Limited, who welcomed the esteemed banking leaders. Asif Peer shared insights into strategic trends and highlighted the longstanding partnership of Systems and Temenos as well as our combined vision for next-gen banking.
William Moroney, Managing Director – Middle East and Africa, Temenos, shared a global perspective on Temenos' journey as a trusted banking platform provider. He discussed upcoming cloud models and Temenos' pivotal role in modernizing the global banking industry through its cloud-driven solutions.
In her session, Ammara Masood, Global Industries GM BFS at Systems Limited, delved into banking business models, exploring emerging trends, the banking value chain, and the evolution of Banking as a Service (BaaS).
An exciting fireside chat featured Muhammad Aurangzeb, CEO & President, HBL and Arif ul Islam, Deputy CEO Meezan Bank. They shared invaluable insights on how to drive superior customer experiences in banking, by emphasizing the importance of customer-centricity, operationalizing it, and leveraging technology to deliver consistent customer experiences.
BOFF 2023 featured a diverse array of sessions on critical topics, including Customer Identity and Access Management (CIAM), composable banking services, new levers for digital transformation, BaaS, Embedded Finance, Managed Services, Cloud, and Security.
A highlight of the event was the thought-provoking panel discussion, 'Navigating Cloud Banking: Insights from Leading Industry Experts', which welcomed CIOs from prominent banks including SCB, UBL, NBP, and ASA International. They engaged in discussions on cloud adoption, technology challenges in Pakistan, talent development, and capacity building.
Bank of the Future Forum 2023 emerged as a colossal success. The event witnessed exceptional attendance, providing unmatched opportunities for networking and knowledge-sharing. BOFF has firmly established itself as an event of scale, where industry leaders convene to explore the future of banking, forge collaborations, and set the course for transformative change.