Managing growth and reducing risk are critical components for business success. The question is, how do you implement business information services to deliver on these requirements? After all, if data is the new oil, then the companies that successfully integrate and manage numerous information services are the ones that will fuel the next level of economic growth.
One resource helping professionals in business information and credit risk management understand the standards, trends, technological developments and policies for the industry is the Business Information Industry Association (BIIA). The BIIA is a global trade association of 75 information companies that:
• Provides an open forum to debate and resolve industry issues
• Promotes the information content industry
• Advocates a legal regulatory environment beneficial to the industry
• Serves as a networking platform
The BIIA 2019 Biennial Conference is happening from October 30 to November 1 in Bangkok, Thailand, and the theme is AI + Analytics + Data = The Future of Managing Risk.
BIIA has invited a number of its members to discuss the dynamics of their growing “identity” businesses. Much of the growth is B2B, although the convergence of business identities and the identities of individuals is underway. No business can function without an owner and management — in particular, those who have beneficial ownership or hold proxies. Properly identifying beneficial ownership and its associate risk is dependent on transparency; however, compliance officers often bemoan the lack of reliable, accurate and timely information.
Panel: Identity has become a major business activity driven by AML, KYC, eKYC compliance requirements
November 1, 2019, 9:30 – 10:30 a.m.
Moderator: Jane Foo, Director and Chairman of BIIA
Phil Cotter, Managing Director Risk at Refinitiv
Wayne Johnson, CEO at encompass
Stephen Ufford, CEO and Co-founder of Trulioo
Douglas Wolfson, Director of Market Planning, LexisNexis Risk Solutions
This panel promises to be a lively discussion concerning the current and future prospects of this fast-growing business segment. We encourage you to make your way to Bangkok and learn more about identity and the future of managing risk.