Rapid evolution in Philippines' BFSI sector: BFSI IT Summit 2024 to illuminate transformation physical conference on 24th May 2024
The banking, financial services, and insurance (BFSI) sector in the Philippines is undergoing a profound transformation, fuelled by a surge in mobile penetration, the proliferation of Fintech solutions, and accelerated technology adoption. Notably, the Bangko Sentral ng Pilipinas (BSP) forecasts a substantial uptick in the banking system's total assets, soaring from PHP 23.7 trillion in 2021 to PHP 26.5 trillion by the conclusion of 2023. As the BSP actively champions digitalisation initiatives within the banking industry, including advancements in digital payments and the establishment of the Digital Banking Transformation Office, the landscape of BFSI in the Philippines is primed for innovation and growth.
In light of these dynamic shifts, the stage is set for the 23rd Edition of the BFSI IT Summit. This invitation-only, in-person event is exclusively designed for technology and innovation pioneers within the BFSI community in the Philippines. Bringing together over 150 distinguished attendees, including CIOs, CTOs, CISOs, Heads of Digital Transformation, Heads of IT and Innovation, IT Infrastructure experts, and other luminaries in this domain, the summit promises to be a transformative experience.
The 23rd Edition of the BFSI Summit stands as a pivotal moment in the advancement of the banking, financial services, and insurance sectors in the Philippines. This prestigious event serves as a gathering point for esteemed technology and innovation pioneers within the BFSI community, offering an exclusive opportunity to explore current trends, confront challenges, and seize emerging opportunities that define the industry's trajectory. By prioritising the imperative of digital transformation and leveraging cutting-edge technology, the summit is poised to empower attendees with indispensable resources and perspectives essential for navigating the dynamic landscape of BFSI in the Philippines.