Showcasing our latest research on GenAI and banking at Sibos 2024

Join NTT DATA at stand G31 for expert views on integrating GenAI in banking, based on our latest global survey.

From October 21 to 24, NTT DATA will join thousands of representatives from the global financial community at Sibos 2024, in Beijing. The theme of this year's event, "Connecting the future of finance", aligns closely with the findings of our major global research survey, which involved 810 banking decision-makers in key markets. Focusing on the integration of GenAI in three areas – payments, fraud prevention and wealth management – the research provides deep insights into prevailing market trends. To stay ahead of these trends, Sibos attendees can join NTT DATA's two public stage sessions and presentations at stand G31.

Understanding the potential of GenAI in financial services

Financial services is one of the many industries where generative AI technology can significantly transform operations. For banks, there's the potential to tackle challenges such as regulatory hurdles, data governance and rising customer expectations – among others.

Our recent global research survey gives insights into key strategies and applications for GenAI in banking, and we look forward to sharing the results at Sibos 2024, the annual conference and exhibition organized by Swift.

Each year, Sibos brings together over 9,000 thought leaders and decision-makers from around the world. This year's event, themed "Connecting the future of finance," will take place from October 21 to 24 in Beijing, China. To stay ahead of market trends in GenAI and banking, be sure to attend NTT DATA's public stage sessions and presentations at stand G31.

Global banking survey focuses on generative AI

Conducted with 810 global banking decision-makers and completed in September 2024, our survey focused on how GenAI is being integrated into three key areas in banking: payments, fraud prevention and wealth management.

Survey results reflect the latest and most relevant data available from key markets, including the U.S., U.K., Germany, Spain, Italy, Japan, Thailand, Vietnam, Australia, India, Singapore, Brazil, Mexico and China.

The survey gave us profound insights into prevailing market trends, and our experts will be on hand to present an in-depth exploration of the data and results at Sibos 2024, the premier annual event for the financial services industry.

NTT DATA's experts to share survey results at Sibos 2024

For a deeper exploration of these valuable insights, we invite you to join the two public stage sessions hosted by NTT DATA at Sibos. These sessions will provide a comprehensive overview of our findings from the survey and offer insights from NTT DATA's experts.

  • Title: Aiming to change the game: GenAI for safe and effective banking transformation

    Date: October 21, 2024
    Time: 14:15–15:00
    Description: GenAI has taken the world by storm, promising a seismic shift in the way we live and work – banks included. However, the path to capitalizing on this transformative technology remains complex. This session cuts through the hype to provide key strategies, practical examples and actionable insights. It tackles the toughest challenges, from regulatory hurdles and data governance to cultural transformation, and lays out what it really takes to lead in this new era. For banks ready to rethink the rules, this is the blueprint for a bold leap forward.

  • Title: Driving the seamless migration to cloud-enabled banking

    Date: October 22, 2024
    Time: 12:45–13:30
    Description: In today's fast-paced financial industry, institutions relentlessly seek to enhance their technology capabilities, aiming to stay competitive and seize new market opportunities. However, many banks are constrained by legacy mainframe systems that limit their ability to leverage advanced analytics, AI and data-driven capabilities to enhance traditional products and services. This session will explore how banks can overcome these challenges by enabling the seamless migration of business-critical applications from mainframes to open platforms. Join us to discover innovative strategies and practical solutions for transitioning to cloud-enabled technologies, fostering innovation and driving future growth in the banking sector.

Redefining the future of banking

NTT DATA is a global banking innovator and was recently recognized as a Leader in Everest Group's Open Banking IT Services PEAK Matrix® Assessment 2024. We redefine the future of banking in partnership with our clients by providing advisory services, enabling technical innovation, and implementing major projects to address some of the biggest challenges in the sector, including accessibility, inclusion and sustainable finance.

To find out more about NTT DATA at Sibos, please visit us at stand G31, or got to https://www.sibos.com/conference/exhibitors/ntt-data-g31. We look forward to connecting with you and discussing the future of finance.