The arrival of new technologies in quantum computing, artificial intelligence and tokenization are heavily disrupting traditional finance - the pressure on legacy banks and financial services to adapt and streamline their business operations and services continues to grow. Where are the biggest opportunities for banks, insurance, and financial services? Has fintech lost its market capitalization? And what’s next for this industry in flux? As we move into a more digital world, the financial industry is also undergoing a major shift. Decentralized Finance, or DeFi, is a revolutionary movement that aims to create an open and permissionless financial system. Unlike traditional finance, DeFi leverages blockchain and smart contract-based technology to create financial services that are accessible to anyone, anywhere, at any time. DeFi's core principle were inherited from Bitcoin’s principles and the goal is to create a free and fair financial ecosystem. Instead of relying on financial institutions as intermediaries, DeFi relies on smart contracts that execute automatically when certain conditions are met. This creates a trustless system that eliminates the need for intermediaries, makes it more efficient and enables greater transparency and security. DeFi is not only disrupting traditional finance, but it's also creating new opportunities for financial innovation. DeFi protocols are being used to create new financial technology and instruments, such as e.g., decentralized exchanges and lending platforms, that are more efficient and accessible than their traditional counterparts, because all it requires is a private key and an internet connection. Other key value that we are highlighting about AFSET 2024 is a holistic, 360-degree view of the FSI landscape. We will be exploring the external factors shifting the market, changing revenue streams, customer expectations and increasing competition, along with internal changes to back-office systems and workplace cultures & HR responsibilities. The ASEAN Financial Services Excellence & Transformation Summit 2024 will be held on 6-7 MARCH 2024 bringing together industry leaders from across the financial ecosystem, including bank, insurance, payment getaway providers, Fintech providers, digital challengers, tech pioneers, crypto firms and blockchain providers.

Our content is created in collaboration with your community of trusted FDF financial leaders, and hundreds of research hours with executives just like you. Based on your feedback, we have built the AFSET 2024 agenda to include the most cutting edge and relevant topics to spark conversations, inspire new ideas and ultimately revolutionize digital FSI experiences.