London, 8 November 2013 – Sibos 2013 represented the first time SWIFT's user conference has been held in the Middle East, and Dubai, a center of international trade flow, fit the bill for discussions about the continuing evolution of the global banking industry and its regulations. In the world of wholesale banking, corporate treasury is transforming, forcing all executives--not just treasury--to be more aware of a corporation's needs while improving inefficient processes, resulting in compliance. On the institutional S&I side, securities market infrastructure is changing, connecting and supporting communication across the globe, and trade repositories are evolving in line with regulatory change.
In a new report, Aite Group senior analysts Virginie O'Shea and Enrico Camerinelli provide their perspectives on SWIFT’s annual Sibos conference, round up key discussion topics from the event, and evaluate how some of these may fit into SWIFT's five-year strategic program, ending in 2015.
This 31-page Impact Note contains seven figures and one table. Clients of Aite Group's Institutional Securities & Investments or Wholesale Banking services can download the report.