E-Finance Lab Spring Conference 2012: Cloud Computing in the Financial Industry - A Security and Compliance Nightmare?
We would like to thank all speakers and participants for their attendance at the E-Finance Lab Spring Conference 2012! We hope you enjoyed the conference and were able to gain insights into the future of cloud computing in the financial domain!
Slides & Panel Discussion Recording for Download
The slides of the talks and the video recording of the panel discussion are now available for download. Corresponding links are provided in the agenda below.
Photo Gallery Online
Please find some impressions of the conference in the photo gallery.
Date & Time: Tuesday, February 7th, 2012; 14:00 - 18:45 hours (official program)
Address: Schlossgraben 1, 64283 Darmstadt, Germany
Sorry, the registration for the conference has been closed. However, you may still participate without prior registration as a walk-in guest - just come to the conference and contact the registration desk.
Participation in the conference is generally free of charge.
Cloud computing in the financial industry - A security and compliance nightmare?
Over the past few decades, the spread of IT (Information Technology) has substantially altered the financial industry and enabled the development of a wide range of novel products, such as online banking or, more recently, mobile banking. Nowadays, IT has grown into one of the essential production factors in the finance domain. At the same time, IT constitutes a major expense post for the industry and suffers from the fact that many systems have grown more or less unstructured over a long period of time, resulting in low efficiency and flexibility.
Recently, cloud computing has emerged as a novel paradigm that suggests a groundbreaking shift in the way IT services are provisioned and consumed. Through consequent service orientation and the exploitation of economies of scale, cloud computing promises to deliver IT capacities both more flexibly and cost-efficiently than traditional in-house IT. However, moving applications and data into the cloud does not only suggest multiple benefits, but also poses novel challenges. Will the dream of low-cost, flexible computing become a security and compliance nightmare for the highly regulated financial industry, in the long run?
The Spring Conference 2012 will feature talks and a panel discussion involving various industry and research experts. Please find the detailed agenda below (while it is unlikely, the provided time slots, speakers, and topics may be subject to change):
14:00 - 14:15
Welcome Notes (English / German)
14:15 - 14:45
Myths of Cloud Computing: Business Models, Security Issues and Insights from Empirical Surveys (English)
14:45 - 15:15
Security Challenges in the Cloud (English)
15:15 - 15:45
Security Requirements in the Era of Mobile
15:45 - 16:00
16:00 - 16:30
Judicial Pitfalls on the Cloud Route (English)
16:30 - 17:00
Rethink IT, Reinvent Business – The Vision of Modern (Cloud) Computing within Financial Services Business (English)
17:00 - 17:30
17:30 - 17:45
17:45 - 18:45
Panel Discussion: "Cloud Computing in the Financial Industry - A Security and Compliance Nightmare?" (German)
Participants (in alphabetical order according to last name):
We recommend the use of VLC Player for playback.
Get Together and Networking
For inquiries, please contact our organizing team.