What's New

06.04.2018

MScISM Luncheon Talk on 14 Apr - HSBC

The MScISM program office has invited Mr Raymond Cheng, Group General Manager & COO, HSBC Asia Pacific to share with MScISM students on 14 Apr (Sat) how traditional banks to adopt innovative FinTech solutions, to partner with FinTech start-ups and firms, and to lead the mega trend in digitizing the financial services industry.  Details of the talk are as follows:

Topic:        

To Adopt, Partner and Lead – The Journey to Embrace Disruptions from FinTech

Speaker:   

Mr. Raymond Cheng
Group General Manager & COO
HSBC Asia Pacific

Date:     

14 Apr 2018 (Sat)

Time:           

12:20 - 12:30pm, Registration
12:30 – 1:00pm, Refreshments
1:00pm - 2:00pm, Talk

Venue:       

Rm G003, Lee Shau Kee Building, HKUST

Format:

Talk + Q&A (bring your questions to the talk!)

Language:    

English

Registration:

Register HERE by 11 Apr 2018 (Wed)
(Once you have registered the event, please be fully committed.)

Abstract:

FinTech is the new technology and innovation that aims to compete with traditional financial methods in the delivery of financial services with new applications, processes, products, or business models. It is pervasive and everywhere that FinTech has been making tremendous changes to consumer behavior, economic environment and business models of financial services industries and other business sectors.

FinTech firms are disrupting the financial service industry globally.  At the same time, it provides great opportunities for well-established financial organizations, say traditional banks like HSBC, to adopt innovative FinTech solutions, to partner with FinTech start-ups and firms, and most importantly to lead the mega trend in digitizing the financial services industry; thus creating a brand new technology-enabled ecosystem.

On the journey to embrace disruptions from FinTech, financial institutions should transform the new way-of-working towards technology adoption, talents development, data insights, innovation capabilities, entrepreneur mindset and more importantly, self-disrupt the existing business model to expand into new businesses.

Bio-sketch of speaker: 


Mr Raymond Cheng has been working in the IT sector of Hong Kong for over 30 years.  He specializes in applying IT to support banking products/services and banking internal operations.  Currently, Mr Cheng is a Group General Manager and Chief Operating Officer for HSBC in the Asia Pacific region.  He is an Executive Committee member of HSBC Asia Pacific, assuming overall responsibility for IT, Back Office Operations, Transformation, Corporate Real Estate and Procurement covering 20 countries in the Asia Pacific region.  Mr Cheng is the Chairman of HSBC Technology and Services (China) Limited, HSBC Electronic Data Processing (Guangdong) Limited and HSBC Global Services (Hong Kong) Limited.  He is also a Director of HSBC Bank (Vietnam) Limited, Hong Kong Notes Printing Limited, Hong Kong Interbank Clearing Limited, HKICL Services Limited, Hong Kong Science & Technology Parks Corporation and Hong Kong Institute for IT Professional Certification. In addition, he is the Independent Manager on School Board for Shun Tak Fraternal Association Yung Yau College.

Mr Cheng has strong connections with IT professional bodies and the IT community in Hong Kong.  Mr Cheng has been active in promoting IT in Hong Kong. He has served as an Executive Committee members in IT professional organisations, led several major international IT conferences, and participated in an advisory role for strategic IT agenda (including data centre, eCommerce, FinTech, IT training and certification, etc).  Mr Cheng graduated from the University of Hong Kong and has undertaken research work in the Netherlands.