UNDERSTANDING FINTECH AND Demystifying the next paradigm shift in global financial services

Contact: www.iff-training.com Learning partner of +44 (0)20 7017 7190 [email protected] WHAT YOU WILL LEARN COURSE LEADER Is your business able to cope with the continuous reduction PETROS GEROULANOS in fees and revenues whilst expenses for digitalisation Petros Geroulanos’s area of expertise lies rocket? in Financial Instruments with emphasis on How are you innovating your business model to be able to Fixed Income Products and Derivatives. generate revenue from alternative sources? He gained his professional experience with Swiss Bank Corporation and Union This course provides an overview of the current status quo Discount PLC in Zurich and London. He has and aims to ask the right questions to adjust to the business been engaged in trading, selling and structuring of FX, model to survive in the future. The first day provides Equity Exotic and Fixed Income Derivative Products as you with a comprehensive overview of the changes in well as in their underlying cash instruments. technology. You will discuss how technology enables banks to offer a better service and will identify new challengers Petros has taught for more than 18 years to thousands of disrupting the status quo. delegates worldwide and published more than 400 FX With and cryptocurrencies on the rise, the related articles in the Swiss media. He has co-authored second day explains the underlying mechanisms. Firstly, two books and an interactive CD-Rom on financial we must understand the basics of cryptography. Then, we markets and bonds. He has been involved in projects with must understand the digital technology. In order to major international banks, medium-sized investment understand the workings, we breakdown the digital ledger houses, private equity and hedge funds, corporates, rating technology into its hashes and blocks before chaining them agencies, regulators and government agencies in Western together to the block chain. We will also compare to Europe and South East Asia. other cryptocurrencies.

LEARNING OUTCOMES DATES & PRICE AFTER THE COURSE, PARTICIPANTS WILL BE ABLE TO: Please contact a member of our team for more details . Explain the importance of FinTech . Learn how big data is changing everything . Recognise the biggest competitor to the financial industry . Gauge the regulators’ stance . Identify areas where FinTech will revolutionise your CONTACT US banking and finance business +44 (0)20 7017 7190 . List the threats FinTech poses to the banking and [email protected] financial industries www.iff-training.com . Appreciate the changes required in the banking business model . Identify existing threats from non-banks . Explain blockchain, cryptocurrencies and the future of IN-COMPANY TRAINING . Explain the possibility of existing without the involvement of a central bank IFF’s bespoke training solutions will help you . Identify the risks and limitations of Digital Ledger address your specific key business challenges. The Technology (DLT) programme is designed for you, with content focusing . Understand the different cryptocurrencies on the issues you and your teams are facing. The course can then be delivered at your choice of location . Identify the threats cryptocurrencies pose to central face-to-face, digitally or a combination of the two. banks . Tailored content - 100% targeted to cover your needs ABOUT IFF . No travel or time out of the office – we will come to you IFF has been the chosen training provider of the world’s best . finance and energy professionals since 1991. We are part of Value for money – train teams of staff at the same Informa PLC and the learning partner of the Finovate series time of events. . Risk free – we’ve been doing this for over 30 years • We continually develop and improve our training to make it We will meet you anywhere in the world. more effective for you • You’ll learn from practising, highly-experienced financial Please contact: experts Leigh Kendall on +44 (0)20 7017 7190 or e • You’ll experience interactive and practical training - mail: [email protected] implement what you learn straight away • We limit class sizes so the trainer can adapt the content to suit you COURSE AGENDA

THE STORIES OF ENABLERS AND • The bank is an app Cryptography and Digital Signatures • The rise of the robo private banker • Encryption and decryption DISRUPTORS • Peer-to-peer lending & crowd funding • Symmetric and asymmetric keys FinTech: Technological change • Private and public keys Examples of How Digitalisation is • Cryptographic hash functions • Trading speed and streaming money • Digital signature • Digitalisation Changing Existing Business Models • Online shopping • The power of big data • Personalisation How Does the Blockchain Work? • Change of the business model • The sharing economy • The transaction • Cryptography • Neurotechnology (Video) • The ledger • Blockchain technology • Medicine and Hygiene • Third parties • Digitalisation of currencies vs. virtual • 3-D printing • The transaction chain currencies • Transportation • The blockchain • Digitalisation of contracts • Recruitment • Bitcoin generation • Internet of Things (IoT) • Transaction fees The 4th Industrial Revolution • Big data • Transaction speed • From mechanisation to digitalisation • Automation Blockchain Demo • Digitalisation Big Data • Internet of everything • The hash • Internet • Education • The block • Artificial intelligence (AI) • The blockchain • Cloud computing • The distributed blockchain • The Internet of Things TEAM EXERCISE Big data in banking & finance • The tokens •  transactions Digitalisation of Banking Services • Opening an account Different Miners • KYC and due diligence Digitalisation of the Business Model: The • Iceland • Credit assessment Real Disruption • USA • Money transfers • Incumbent players • China • Payment and settlements • Purely online banks and insurances • Investing • Telecommunication companies • Lending • Different competitors (Competitors where you Security Issues • Saving do not expect them) • Cryptographic hash • Risk management • Start-ups • Managing more than 50% of CPU’s • Asset and liability management • Shadow banks • Double spending • Trading and electronic trade execution • End of chain instability • Automated hedging How to Regulate the Industry • Time to transact • Deflationary nature • Liquidity management • Regulatory sandboxes • Debt collection • Regulatory funding • Reporting and regulation • How to protect the users Practical Issues • Advisory • How to tax the business • Rewards • Research • How to protect employees • Benefits • Use of social media • Challenges Business Opportunities TEAM EXERCISE • From infrastructure to service provider The Programmable Nature of the How FinTech disrupts banking and • From user to provider of financial services Blockchain financial services • From charging for services to giving services • What can be programmed into the blockchain • Retail banking for free • How this can be done • Credit • From single channel revenue to multiple • Payments and correspondent banking faceted revenue stream Cryptocurrencies • Commercial and corporate banking • From single service provider to big data giant • List of cryptocurrencies • Trading and investment banking • Types of cryptocurrencies • Corporate finance and M&A Business Model Innovation • Regulated vs. unregulated cryptocurrencies • Asset and investment management • The risk of the status quo • Private banking and wealth • Competitive advantage through business Applications of The Digital Ledger management innovation Technology (DLT) • Research and analysis • Innovation management • Payments • Insurance (InsurTech) • Business model innovation • Storage of purchasing power • Regulation and compliance (RegTech) • Innovation patterns • Digitalisation of assets • Steps to innovation • Digitalisation of contracts Banking the Future – The Digitally Enabled Bank Setting up Your Own • The Bank of the Future – 24/7/365 BLOCKCHAIN AND CRYPTOCURRENCIES Account • Banking Millennials (Gen Y) • Choosing the currency • The payments technology arms race From Fiat Currencies to Cryptocurrencies • Choosing the type of wallet • Electronic money and cashless payment • History of the blockchain • Choosing the wallet provider systems • The whitepaper of • Removal of cash • The overall principles EXERCISE • Bitcoin and the future of currency • The whitepaper of • Setting up your own wallet • Cash, digital and virtual money • Back to basics: the ledger • Transferring to your peer • Currencies without a central bank •  technology

Contact: www.iff-training.com +44 (0)20 7017 7190 [email protected] CPD Certified:

IFF is recognised by the CPD Certification Service and have been approved to award CPD points towards professional development certifications. Attendance at this course will earn you 40 CPD points.

COURSES IN THE IFF RISK MANAGEMENT PORTFOLIO

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VALUING TECHNOLOGY ANTI-FINANCIAL BUSINESSES CRIME AND A practical guide to contemporary valuation techniques COMPLIANCE FOCUS ON A comprehensive guide to the key issues, legislation and implications

FINTECH Dates: 16-18 September 2019 London

Contact: Learning partner of Dates: Contact: www.iff-training.com 7-9 October 2019 www.iff-training.com +44 (0)20 7017 7190 London Tel: +44 (0)20 7017 7190 [email protected] Email: [email protected]

Dates: Contact: 7 ovember 2018 www.iff-training.com Tel: +44(0)20 7017 7190 Email: [email protected]

SECURITIES A 5-DAY MASTERCLASS IN SETTLEMENT, CLEARING & BONDS GLOBAL CUSTODY Become familiar with controls and processes to & FIXED manage securities settlement operations effectively INCOME Learn how to price bonds, trade the yield

Dates: curve and manage risk 1-2 October 2018 London

Contact: www.iff-training.com Tel: +44 (0)20 7017 7190 Email: [email protected]

Dates: Contact: Learning partner 7-11 October 2019 www.iff-training.com London +44 (0)20 7017 7190 [email protected]

See the website for full details www.iff-training.com

IFF is the learning partner of