Doha, 23 September 2019 - QNB Group, the largest financial institution in the Middle East and Africa, participated as an exhibitor at The Sibos 2019 Conference, which was held in London from 23-26 September. This important global financial conference, described as “the most ambitious Sibos yet”, was held this year under the theme “Thriving in a Hyper-connected World.”
QNB’s participation in the annual Sibos conference, organised by SWIFT, the global provider of secure financial messaging services, stems from the event’s importance as one of the world's premier financial services events, providing a networking and exhibition forum for the global financial community to debate and collaborate in the areas of payments, securities, cash management and trade.
As the largest financial institution in the Middle East and Africa and a major player in the international banking sector, QNB is always keen on participating in Sibos and other international financial conferences and forums. Supported by its rich financial experience and growing international network, QNB always aims to be on the forefront, keep up with any developments, and participate in discussions that contribute positively toward the development of the international financial and banking fields.
It is notable that the annual conference brings together some 8,000 business leaders, decision makers and topic experts from a range of financial institutions, market infrastructures, multinational corporations and technology partners.
With hundreds of speakers and conference sessions, nearly 200 exhibitors, and multiple networking events, Sibos is the place to discuss business strategy, build networks and collectively shape the future of the financial industry.
This year, the conference focused on recognising the challenges and opportunities that mass digitisation and data-driven relationships present for the Sibos community. The conference explored the impact of new technologies on infrastructures, value propositions and business models and held a discussion to identify the culture, skills and working practices that organisations need to maximise the potential of both human and machine capabilities.
Five sub-themes were discussed to examine how this critical human and machine collaboration can capitalise on data as the lifeblood of the modern financial services ecosystem. These were enhancing digital ecosystems, leveraging data, keeping ahead of cybersecurity threats, adapting to geopolitical and regulatory priorities, and exploring the human element.
QNB Group’s presence through its subsidiaries and associate companies extends to more than 31 countries across three continents providing a comprehensive range of advanced products and services. The total number of employees is more than 30,000 operating through 1,100 locations, with an ATM network of more than 4,400 machines.