BOFF features informative trends in Pakistan’s banking industry

Over 25 esteemed global speakers, representing banking leaders, decision-makers, regulators, fintech experts, and media representatives attended the 12th edition of the Bank of Future Forum (BOFF) 2023, which was co-hosted by Systems Limited and Temenos on October 5 at the PC Hotel, Karachi.

With this year's theme, Cloud Banking, BOFF 2023 featured a diverse array of sessions on critical topics, which 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 and services such as banking in the Metaverse, customer onboarding, digital wallet, and loan origination, to name a few.

In his opening remarks, Asif Peer, chief executive officer (CEO) and managing director (MD) of Systems Limited, welcomed the audience and shared insights into strategic trends, and highlighted the longstanding partnership of Systems and Temenos, as well as their 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.

An exciting fireside chat featured Muhammad Aurangzeb, CEO and president of Habib Bank Limited (HBL) and Arif Ul Islam, deputy CEO of Meezan Bank.

The two leaders shared invaluable insights on how to drive superior customer experiences in the banking industry by emphasising the importance of customer-centricity, operationalising it, and leveraging technology to deliver consistent customer experiences.

The 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 Standard Chartered Bank (SCB), United Bank Limited (UBL), National Bank of Pakistan (NBP), and ASA International. They engaged in discussions on Cloud adoption, technology challenges in Pakistan, talent development, and capacity-building.

The Bank of Future Forum 2023 emerged as a colossal success. The event witnessed exceptional attendance of over 500 people, providing unmatched opportunities for networking and knowledge-sharing.

BOFF has firmly established itself as an event of scale, where the industry leaders convene to explore the future of banking, forge collaborations and set the course for transformative change.