Technology Transactions for Financial Institutions (Webinar course code HW/SFCL26 part of the SCL online CPD scheme - 2.45 hours)

A SCL half day seminar & webinar

The Financial Services sector is quite possibly the world's largest market for both users and suppliers of technology related services.  The delivery of both products and financial services online or otherwise through electronic means has long been the norm as opposed to the exception, and institutions are constantly looking for ways to utilise technology to reduce costs, increase market shares, and extend their offerings.  At the same time, the ever increasing burden of regulation and compliance has reached the point where it is practically incapable of being borne, other than with the assistance of sophisticated IT systems.

It is timely, then, for the SCL to focus upon technology transactions insofar as they impact upon the financial services sector, looking at some of the key business and regulatory/legal drivers and how technology may be impacted by them, or utilised to address them.

Mark O'Conor, Partner at DLA Piper UK LLP

Mark O'Conor will speak about the compliance landscape and its interface with new technologies and commercial legal relationships.

Mark is a Partner in the Technology, Media & Communications group of DLA Piper UK LLP. His work includes all aspects of IT law, majoring in particular on public procurement, IT in the financial services sector and e-commerce issues in general. Mark has specialised in the development of standard shrink-wrap licences for both the software publishing and CD-ROM industries (SPA and CD-ROM SPAG) and has drafted Internet usage guidance for both central and local government. He has advised on a number of PPP and PFI deals for local and central government. He has also advised on a variety of electronic trading and data feed arrangements for banks and exchanges around the world.

Daniel Marcus will address the way in which the London Stock Exchange, through its Technology Road Map, is meeting the compliance challenge; focusing specifically on its approach to MiFID. 

Daniel is Senior Counsel at the London Stock Exchange. He has been at the Exchange for 6 years and advises on a wide range of legal issues including financial services, corporate, commercial, intellectual property, IT, outsourcing and competition law. During his time at the Exchange, Daniel has advised on a number of high profile matters including the listing of the Exchange,  the provision of technology to the Johannesburg Securities Exchange, the acquisitions of EDX and Proquote, the Competition Commission investigation in to the bids by Euronext and Deutsche Bourse and the successful defence against the Macquarie bid.

James Hope-Lang will talk about the available technology and trends within the financial services sector with particular reference to ITIL, its implementation and issues of change and release management, deployment and validation, much of which can be outsourced.

James is a Senior IT Architect working for UBS Investment Bank, with fifteen years of experience in the industry. He has worked in a number of roles for UBS over the last ten years including developing front office trading systems, defining Enterprise IT strategy for data centres and hardware platforms, and most recently driving a Service Improvement programme for IT Service Delivery. Over the last two years James has worked with the IT Service Management programme to implement Incident and Problem Management systems for UBS whilst defining Future State strategies connecting up Change Management, Release Management, Provisioning and Policy Implementation.

Kit Burden will consider technology development - in-house vs. outsourced.  He will also look at the optimal structure of an outsourcing transaction for financial services institutions.

Kit specialises in the areas of outsourcing and complex technology transactions, advising both users and suppliers of IT, and outsourcing services and in relation to all aspects of the procurement process.  His work ordinarily involves him on business critical projects frequently valued in the hundreds of millions of pounds.  Major clients include UBS, Dixons, TUI, Gulf International Bank, the British Council and Pricewaterhouse Coopers.  He is identified as a leading IT and outsourcing lawyer by all of the leading legal directories, including the Legal 500, Legal Experts and Chambers. The most recent edition of Chambers describes him as "a brilliant IT lawyer" with "a grand reputation".

Kit is a Trustee of the Society of Computers and Law and chairs its Outsourcing Group. He is also a member of the Computer Law Group.  A frequent speaker at industry and legal conferences, Kit also writes for various journals on IT and outsourcing including IT Law Today, Computers and Law, and the Computer Law and Security Review, for which he is on the correspondent's panel.  He is the author of two leading publications, on Computer Contracts (Sweet and Maxwell) and the Legal Protection of Computer Software (EMIS).

Published: 2007-05-16T00:00:00

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