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34


SIBOS 2016 PREVIEW A timely show?


As the FS sector faces up to a more volatile cyber, business and trading environment, Neil Ainger talks to the head of SWIFT’s Sibos show, Sven Bossu, about what we can expect from the 2016 event, taking place in Geneva on 26th to 29th September


different images for the expected 8,000 plus financial services professionals and 200 exhibitors that will descend on Geneva’s Palexpo venue for Sibos 2016. The country is famous for its chocolate, watch-makers, fondue cheese and, of course, its bankers, whose population is just about to swell.


S Basel, in the northwest of the country, also famously


witzerland will no doubt conjure up many


organisation’s standing.


“For the first time we will have a country lounge at Sibos,” says Bossu (pictured). “The Swiss Lounge will be used for networking and more importantly as a platform for the Swiss financial technology (FinTech) community to showcase itself to the global FS community.


Throughout the week, 32 Swiss FinTech companies will


lends its name and secretariat to the committee on banking supervision (BCBS) whose Basel III rules on capital and collateral requirements are currently changing the global industry, and will no doubt be a topic of conversation at the show, alongside other regulations, Brexit and the cyber hacks against SWIFT members earlier this year which imperil the


www.ibsintelligence.com © IBS Intelligence 2016


present themselves and their products and services. This is done with the full support of the Swiss community and government. For instance, Pierre Maudet, Geneva’s minister of finance – who attended last year in Singapore – is committed to bringing the top wealth managers and private bankers to Sibos and to try to show them why the show is important [traditionally they’ve been hard to


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