Posts

Closing speaker at Sibos 2017 confirmed: Microsoft CEO Satya Nadella set to take centre stage

Those that haven’t registered for the event now have an added incentive to do so

Sibos has an excellent track record of attracting the great and the good from the technology and business world. More than 8,000 decision makers and topic experts from around the world are expected to descend on Toronto next month from 16-19 October.

Over the years, Sibos has become known for attracting the highest calibre of speakers to lead and facilitate discussions on the future of business, technology, payments, securities and regulation –and the four-day event is now a staple on the calendar of many executives.

Those that haven’t registered for the event now have an added incentive to do so. Earlier today, it was announced that one of the most high profile executives from the technology world, Microsoft CEO Satya Nadella, will deliver the closing plenary address on Thursday 19 October.

Satya Nadella was named Microsoft’s CEO in February 2014, but has been with the company since 1992. During his 25-year tenure, he has established himself as a technology visionary who quickly became known as a leader across a breadth of technologies and business lines.

Under his direction, Microsoft has switched its centre of gravity from its Windows operating system to Azure – its global cloud computing business – which has grown to become the centre-piece of more than 100 data centres around the world.

Today, its technology underpins a range of web-based applications, bringing mobile devices to life and crunching data for artificial-intelligence (AI) services, according to The Economist, which published an excellent profile article on Nadella and Microsoft earlier this year.

His speech at Sibos will focus on how technology is profoundly impacting every aspect of our society and economies.

“For over two decades, Satya has been at the forefront of the tech revolution, and worked at the heart of one of the defining companies of this century. He knows what it takes to build an innovative and game changing company, and that harnessing disruptive technologies is crucial to enabling businesses to remain relevant and competitive in an ever-changing world.” said Sven Bossu, Head of Sibos.

“The financial services industry is currently undergoing its own tech revolution, which has created huge challenges but also opportunities. During the closing plenary, we look forward to Satya sharing his experiences with delegates to inspire them to build a stronger future for financial services.”

Microsoft’s share price has also risen by an impressive 60% under his leadership. With 8,000 people expected to walk through the doors of the Metro Toronto Convention Centre (MTCC), there will be plenty of ears listening intently to his words of wisdom.

Sibos 2017 is shaping up to be an unmissable event. To explore this year’s programme, and to register, visit Sibos.com.

Microsoft and R3 partner to accelerate adoption of blockchain-inspired technologies

Tech giant Microsoft and Chatsworth client R3 today announced a strategic partnership that will accelerate the use of blockchain-inspired distributed and shared ledger technologies among R3 member banks and global financial markets, as reported by the Wall Street Journal and Bloomberg.

These technologies enable enterprises and business network participants to complete financial transactions with greater speed, security, cost-efficiency and transparency relative to solutions currently used.

As part of the partnership, R3 will use Microsoft Azure as a preferred cloud services provider in its R3 Lab and Research Centre, where distributed and shared ledger technologies are being developed and tested and use-cases carried out based on an extremely rigorous, empirical-evidence based process.

The Lab and Research Centre has quickly become the centre of gravity for use-case testing and evaluation of blockchain-inspired technologies, bringing together banks, non-banks, both established and start-up financial technology companies, trade associations and regulators.

R3 and consortium members will have access to Microsoft’s expanding ecosystem of Blockchain-as-a-Service (BaaS) partners including Ethereum and ConsenSys, Ripple, Eris Industries, Coinprism, Factom, BitPay, Manifold Technology, AlphaPoint, IOTA, BlockApps STRATO, Tendermint LibraTax, and many others that will aid in the development, testing and deployment of distributed ledger applications in cloud, hybrid and local environments.