The new EU wide data protection regulation (GDPR) becomes enforceable on the 25th May 2018, after which all UK business will be required, by law, to notify the regulator of any data breaches within 72 hours and could be subject to fines in excess of £1m. With the increasing rate of cyber-attacks, the consequences of being hacked or subjected to id fraud will become even more costly in every sense. With contributions from NCC Group, global experts in cyber security, GDPR and risk mitigation, this session will help you understand the implications of GDPR on your business. You will leave with an executive level summary of actionable security best practices that you can take back to further protect your client's data and, ultimately, your business.
Are you maximising the opportunities the digital revolution offers? Are you both meeting the demands of your current, increasingly tech-savvy clients AS WELL AS growing your business by attracting the clients of the future? How easy is it to have your own automated advice offering? Listen to the experience of an advice firm which has recently implemented an automated advice model alongside their face to face advice service. Simon will talk through Prosperity’s experience of marketing and launching the new service to both existing and new clients.
This session will focus on the benefits of open APIs – what they are, how they work and why they’re not just for geeks! There will be real-life, practical examples of ways in which advice firms can use them to streamline business processes and improve client service. This will be followed by Skipton Building Society explaining their journey to get a complex tax-specific API tool to their advisers without the usual cost and time constraints of developing something from scratch. Hear about their approach and how they plan to use further APIs to improve operational efficiencies.
This session will give an overview of the big data revolution and showcase some of the changes already underway and on the horizon. With connected technology putting the end consumer firmly in the driving seat, there are clear challenges which advisers will need to overcome. The session will show you how to unlock the value of the data you already have within your business as well as help you stay ahead of key trends defining the future of financial services industry. From better data comes greater profits.