Why do 6,000 people come from all corners of the world to attend a conference whose acronym has been lost in the sands of time? Billed as the ultimate networking event, Sibos is one of the biggest gatherings of financial executives in the world. From just 300 people 25 years ago, it is now an event for which governments lobby hard, bringing with it prestige, kudos and unparalleled industry knowledge.
This year the theme of the conference is Time for Growth, which reflects the much higher levels of confidence the finance industry has in 2004. The conference will cover a huge range of topics that will be of interest to the delegates who include bankers, investment managers, broker dealers, treasury specialists, operational specialists, standards experts, and technology providers.
The main thrusts of the conference will be looking at how the industry can generate more growth, through reducing risk, strengthening trust and applying the full weight of the technology that is now available in the world.
On the banking side, the conference will have sessions dedicated to the following topics:
- Payment Systems reform
- Payments services in the digital world
- The future of the foreign exchange market
- Basel II
- Innovative trade services
- Swiftnet migration
- Real time nostro information
- Investigations management
On the securities side, the conference will have sessions dedicated to the following topics:
- The future of securities trading technology
- Automation of asset servicing
- Delivering value for investment managers
- Securities STP
- What's next in US securities?
- Securities Standards
- Exceptions and investigations management
There will also be a whole host of industry social events and parties that Financeasia.com's team of journalists will be assiduously covering, just so that our readers can get a real taste of what is going on.
