The 12th annual Bank of the Future Forum (BOFF) 2023, co-hosted by Systems Limited and Temenos, concluded on October 5, 2023, at the PC Hotel Karachi. With a roster of over 25 esteemed global speakers and more than 500 attendees, including prominent banking leaders, decision-makers, regulators, fintech experts, and media representatives, BOFF 2023 upheld its reputation as a premier congregation for the banking industry.
This year’s theme, “Cloud Banking,” served as the backdrop for an extensive exploration of 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 presented by international sponsors like Nevis Security, Red Hat, Salesforce, HID Global, Formpipe, Validata, and Hysab Kytab. Systems Limited also showcased its groundbreaking solutions and services, ranging from banking in the Metaverse to customer onboarding, digital wallets, loan origination, and more.
BOFF 2023 commenced with a visionary address by Mr. Asif Peer, CEO & MD of Systems Limited, who extended a warm welcome to the esteemed banking leaders. Asif Peer shared insights into strategic trends and highlighted the enduring partnership of Systems and Temenos, along with their shared vision for next-generation banking.
William Moroney, Managing Director for the Middle East and Africa at Temenos, provided a global perspective on Temenos’ journey as a trusted banking platform provider. He delved into upcoming cloud models and Temenos’ pivotal role in modernizing the global banking industry through its cloud-driven solutions.
An engaging fireside chat featured Muhammad Aurangzeb, CEO & President of HBL, and Arif ul Islam, Deputy CEO of Meezan Bank. They shared invaluable insights on how to enhance customer experiences in banking, emphasizing the importance of customer-centricity, its operationalization, and the leverage of technology for delivering consistent customer experiences.
BOFF 2023 featured a diverse array of sessions covering critical topics, including Customer Identity and Access Management (CIAM), composable banking services, new levers for digital transformation, BaaS, Embedded Finance, Managed Services, Cloud, and Security.
A 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 SCB, UBL, NBP, and ASA International. They engaged in discussions on cloud adoption, technology challenges in Pakistan, talent development, and capacity building.
Bank of the Future Forum 2023 emerged as a colossal success, marked by exceptional attendance and unmatched opportunities for networking and knowledge-sharing. BOFF has firmly established itself as an event of scale, where industry leaders convene to explore the future of banking, forge collaborations, and set the course for transformative change.
