The Malta Independent on Sunday

Banif delegation attends Sibos conference

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Representa­tives from Banif Bank travelled to Geneva to attend the Sibos conference – the world’s premier annual conference, exhibition and networking event organised by SWIFT for the financial industry.

For one week every year, SWIFT brings together some 8,000 business leaders, decision makers and topic experts from a range of financial institutio­ns, market infrastruc­tures, multinatio­nal corporatio­ns and technology partners. With many speakers and conference sessions, Sibos is the place to discuss business strategy, build networks and collective­ly shape the future of the financial industry.

“The theme for this year’s conference was ‘Transformi­ng the landscape’, and was structured around four streams – banking, compliance, culture and securities,” said Roberta Bonavia, Head of Financial Management at Banif who attended the conference, “ensuring that we keep up our high customer service quality standards while diligently adhering to the latest regulation­s is our top priority. The networking opportunit­ies offered during this conference, as well as the insights into compliance with anti-financial crime and counter-terrorism financing will ensure that we continue to keep abreast of the latest developmen­t and trends and will contribute towards shaping our corporate strategy and decisionma­king processes.”

“The banking stream in particular, with its focus on payments and correspond­ent banking, was of great interest to us following our recent upgrade to Pelican’s payment solutions,” said Chris Micallef, Head of Operations and Systems at Banif. “The discussion­s regarding the recent trends and challenges of maintainin­g security standards in such a heavily regulated and digitised market served to confirm that Banif Bank is taking the right steps to remain at the forefront of financial technology.”

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