The Cambridge SupTech Lab, part of the Cambridge Centre for Alternative Finance at the University of Cambridge Judge Business School, in collaboration with the Bank for International Settlements Innovation Hub and the World Economic Forum (content partners), announced its inaugural annual event, SupTech Week, an online gathering of global experts and innovators in financial supervision and technology. SupTech Week, taking place from 4- 7 December, is the first-ever forum of its size to focus exclusively on progressing the digital transformation of financial supervision.
Simone di Castri, co-founder of Cambridge SupTech Lab, said:
“The most impactful change we can make in financial services today is to accelerate the digital transformation of supervisory agencies worldwide. This will lead to more resilient and transparent markets, greater consumer protection, decreased financial crime, and a more inclusive and sustainable financial sector. It will also drive the responsible and ethical adoption of artificial intelligence (AI) in finance. The Cambridge SupTech Lab is committed to enabling this transformation by creating cross-border knowledge sharing and training opportunities and aiding in the development and deployment of leading-edge supervisory technologies.”
SupTech Week brings together a diverse group of distinguished leaders from financial authorities, regulated institutions, technology companies, and academia around the world. They will discuss key trends, challenges, and opportunities in the financial supervision landscape, sharing ideas, research, solutions and insights through expert panels, innovation showcases, fireside chats and workshops.
The four-day event tackles topics top of mind for financial authorities, including the supervisory pain points that suptech is best placed to support; the emerging technologies that are powering the modernisation of financial supervision; and the role that international collaboration can play to allow solutions to scale. It also includes deep dives into data science and artificial intelligence, private and public sector opportunities for connection, and factors beyond technology that are required to advance financial supervision capabilities.
Esteemed speakers include:
- May Abulnaga, First Sub-Governor, Bank of Egypt
- Greta Bull, Director, Women’s Economic Empowerment, Bill& Melinda Gates Foundation
- Peter Cai, Managing Director, Global Head of Risk Data, Analytics, Reporting & Tech , Citigroup
- Soraya Munyana Hakuziyaremye, Deputy Governor, Bank of Rwanda
- Lukasz Kubicki, Head of SupTech, Technology and Innovation, European Central Bank
- Drew Propson, Head, Technology and Innovation in Financial Services, World Economic Forum
- Mahendra Siregar, Chairman of the Board of Commissioners, Indonesian Financial Services Authority OJK
- Cecilia Skingsley, Head, BIS Innovation Hub
- Sunayna Tuteja, Chief Innovation Officer, Federal Reserve System
Drew Propson, Head of Technology and Innovation in Financial Services, World Economic Forum, said:
“Financial supervisors have the challenging role of overseeing and regulating financial institutions and markets in an increasingly complex environment, while also facing considerable resource constraints. As supervisory agencies find themselves operating with lean teams and tight budgets, SupTech applications can be invaluable in automating processes, reducing costs, and extracting critical insights from data, all leading to greater financial system stability. Public-private experimentation and collaboration will be key to advancing the SupTech ecosystem, and the World Economic Forum looks forward to further driving efforts in this area.”
In the spirit of the Lab’s mission to generate transparent discourse across the community of financial supervision, all sessions are open and media are invited to attend. Register at www.suptechweek.org.