Innovation for Financial Services

Montréal, 16 & 17 October 2014

Programme

	Day 1: Thursday 16 october	Day 2: Friday 17 October
Venue	*Palais des congrès de Montréal* 1001 Place Jean-Paul-Riopelle, Montréal, Canada. For practical issues on how to get there, please click here.
Delegate Registration	08:30
	Plenary Session 1 (09:00 - 10:45) Room: 512 a/b/e/f 09:00 - 09:15 *Richard Boivin* Opening address Sous-ministre adjoint Ministère des Finances et de l'économie, Gouvernement du Québec 09:15 - 10:00 Keynote by *Scott Edgett* Driving Innovation - A Critical Capability Chief Executive Officer and Co-founder Stage-Gate International and the Product Development Institute 10:00 - 10:45 Keynote by *Brian Bieron* Data Analytics and Financial Services Regulation in the 21st Century Executive Director eBay Inc. Policy Lab	Parallel Sessions 1 (09:00 - 10:30) Workshop 1 Business Model Canvas Room: 512 a/b/e/f Moderated by *Denis Dennehy* and *Dieter De Smet* How can design thinking and visualisation tools support innovation in financial services companies? An interactive workshop using the business model canvas. Session 1A Financial Education Room: 512 C Moderated by *Dimitrios Salampasis* Financial literacy of young customers and their expectations concerning banking services (Monika Klimontowicz) and (Bożena Fraczek) E-transparency of finance institutions: The case of Lithuanian credit providers (Ginta Railiene) The Ethics of Financial Speculation in Futures Markets (Matthias Georg Will) Session 1B ICT enabled innovation Room: G Moderated by *Sergey Yablonsky* APPlied behavioral finance: A review of the use of mobile apps as a tool and platform for behavioral finance research within multinational retail banks (Floyd Newsum) Cloud-enabled innovations for financial services (Sergey Yablonsky) What types of innovation contribute to performance in financial services? (Andrey Martovoy)
Refreshment Break	10:45 - 11:15 Room: 513 A/B/C	10:30 - 11:00 Room: 513 A/B/C
	Plenary Session 2 (11:15 - 12:30) Room: 512 a/b/e/f 11:15 - 11:30 Keynote by *Eric Lemieux* On Your Radar - Concrete Value Creation in Montréal’s FinTech Industry Chief Executive Officer Finance Montréal 11:30 - 12:00 Keynote by *Robert Smythe* Mobile Payments as the Point of Sale – Accelerating the Use of Digital Currency IDC Associate Financial Insights IDC Canada 12:00 - 12:30 Keynote by *Pascal François* A few Myths and a bit of Reality about Derivatives Director Montreal Institute of Structured Finance and Derivatives (IFSID)	Parallel Sessions 2 (11:00 - 12:30) Panel Discussion 2 Longevity risk and its impact on pension fund management Room: 512 a/b/e/f Moderated by *Pascal François* Contributions by: *Christian Dorion* *Pierre-Carl Michaud* *Christian Robert* In this panel, we will review the latest demographic trends and retirement behaviors. We will analyze how longevity risk can be priced and managed through financial markets. We will discuss how the pension fund and insurance industries adapt to this new reality in the current low interest rates environment. Session 2A Open and collaborative innovation Room: 512 C Moderated by *Anne-Laure Mention* Improving innovation: A Deloitte perspective on how financial institutions can become better innovators (Terry Stuart) The exploration of the human element in open innovation: The case of financial institutions (Dimitrios Salampasis) IdeaVault.ch – The first non-proprietary international open innovation platform for the financial services industry (Patrick Schüffel) Session 2B M-E Finance Room: G Moderated by *Denis Dennehy* Investigation into the adoption of interactive e-channels in the finance industry (CK Chan) Trends in mobile payments research: A literature review (Denis Dennehy) and (David Sammon) Managing overpayment risk in G2P (government to person) payment flows through innovative use of voice biometrics (Tariq Habib)
Networking Lunch	12:30 - 14:00 Room: 513 A/B/C	12:30 - 14:00 Room: 513 A/B/C
	Plenary Session 3 (14:00 - 16:00) Room: 512 a/b/e/f 14:00 - 14:40 Keynote by *Craig Weber* Innovation in Financial Services Firms - The Leadership Gap Chief Executive Officer Celent 14:40 - 15:20 Keynote by *Marie Muldowney* Education in the Innovation Equation Managing Director Moody's Analytics 15:20 - 16:00 Keynote by *Mark Yeandle* How Technology can affect the Competitiveness of Financial Centres Senior Consultant Z/Yen Group	Parallel Sessions 3 (14:00 - 15:30) Session 3A Customer centricity Room: 512 a/b/e/f Moderated by *Dieter De Smet* Société Générale: Creative and collaborative workplace (Laurent Marochini) The involvement of customers in financial services (Dieter De Smet) Session 3B Financial Products Room: C Moderated by *Michèle Breton* Assessing the Cost of a Long-Term Longevity Swap Using a Vector Autoregressive Model of Mortality (Christian Dorion) Pricing counterparty risk for American and Bermudian-type derivatives (Michèle Breton) Market Reaction to Patent Events – Event Study (Niaz Kammoun)
Refreshment Break	16:00 - 16:30 Room: 513 A/B/C	15:30 - 16:00 Room: 513 A/B/C
	Panel Discussion 1 (16:30 - 18:00) Room: 512 a/b/e/f IT for Financial Services - Digital Disruptions towards Innovation and Growth Moderated by *Dimitrios Salampasis* Keynote introduction by *Mircea Mihaescu* Panelists include: *Eric Lemieux, CEO Cluster Finance, Canada Anette Broløs, CEO Copenhagen Finance IT Region (CFIR), Denmark Mircea Mihaescu, Managing Director SBT Venture Capital, Russia Anne-Laure Mention*, Head of Research Unit, Luxembourg This panel brings together the insights and expertise of financial services executives to examine the use of technology the financial services industry and share “up to speed but down to earth” ideas on how the financial industry can a) keep up with changes and realize the need to adopt new technologies and b) capitalize on information technology capabilities and opportunities that this changing environment presents so as to achieve a distinct competitive advantage and high performance.	Workshop 2 (16:00 - 17:30) Room: 512 a/b/c/f Harnessing the Power of Insight: Customer Centric Product Innovation Moderated by *Lina Bonapace* and *Jennifer Fraser* Trends in technology and user-centric forces are strongly driving today’s business innovation in many sectors including financial and insurance. Incorporating user insights to ideation and design phases can transform your solutions. In this interactive workshop, participants will co-create a mobile-based financial product, service, or ecosystem concept grounded in customer and employee needs. Read the detailed workshop flyer:
End of Sessions	18:00	17:30
Social Event	Gala dinner (19:00) Venue: *Club Saint-James* Dress code: Smart casual (i.e. ties not required) 1145 Union Avenue, Montréal QC, H3B 3C2 For practical issues on how to get there, please click here	Have a safe trip home and we welcome you next year in Singapore !