IDC’s Fifth European IT Banking Forum To Focus On Ebanking

LONDON — NOVEMBER 2, 2000 — Having successfully negotiated the challenges of the Y2K date change and Euro conversion, and battled against the global giants, European banks now face competition from a wide range of non-banking players offering financial services to their customer base. IDC's fifth annual European IT Banking Forum, which takes place November 27th and 28th, 2000 in Milan, will give an in-depth picture of the most successful strategies for banks to help them take advantage of the ebusiness revolution.

 

"The concept of banking is changing entirely, forcing traditional players to rethink their organizations and strategies completely," said Barbara Blesio, program manager of IDC's European Banking service. "Banks must become more flexible and competitive by focusing on areas where they can count on clear competitive advantages."

The adoption of new technology and the changing role of the CIO into IT strategists will enable this transformation. Senior IDC analysts, economists, technology suppliers, strategists, and innovative bankers make up the bulk of the presenters at this year's forum and will cover these themes.

Key Speakers

* Dr. Lester Thurow, Professor of Management and Economics, MIT

* Michael Earl, Professor of Information Management, London Business School

* Dr. Norbert Walter, Chief Economist, Deutsche Bank Group

* Michael May, Global Managing Partner of Andersen Consulting's Strategy & Business Architecture (S&BA) Service Line

* Pierre-Yves Cros, Executive Vice-President, Cap Gemini Ernst & Young

* Jerry Greenberg, Co-CEO, Sapient

* Tim Quick, CEO, Quick & Reilly

* Bernard McGarrigle, Vice President Emerging Technologies, U.S. Bank

* Jens Galatius, CIO Retail Bank, Unibank ? Nordic Baltic Holding

* William M Decker, President, VirtualBank

A full agenda, including speaker details, topic areas, and booking information, for the European IT Banking Forum as well as other European IDC events can be found at Http://emea.idc.com/forum/.

For complimentary press registration, please contact Mathew Heath on +44 20 8987 7107 or mheath@idc.com.

IDC's Banking Analysts Interviewed Online

The following interviews, with IDC's banking analysts, are available to read online here http://emea.idc.com/forum/banking00/research.htm#interview:

"Banking customers are becoming more and more dynamic and less loyal in their behavior. The Internet is further strengthening this trend, as it increases the transparency in the market and allows customers to move easily from one bank to another." Raffaella Molignani on CRM.

"An increasing number of European banks and financial institutions are announcing strategies to turn their online offerings into financial service portals in order to satisfy a new breed of customers." Barbara Blesio on Financial Portals.

"Banks spend millions on managing knowledge as documents but have no effective systems that connect people and encourage knowledge sharing." Rafaella Molignani on Knowledge Management.

"The increasing complexity of new technologies and the lack of specific internal skills have prompted banks to create strategic partnerships with high-tech companies, such as telcos, due to their leading-edge technologies, large customer bases, and marketing capabilities." Daniele Bonfanti on Telecoms.

The next interview to be posted will be Elena Carreri on online banks in Europe.

These analysts will host tables during the lunches at the Forum where they will discuss the hottest topics on the market. Topics will be announced just prior to the conference, and attendees will be able to book their seat on a first come first served basis.

About IDC

IDC is the foremost global market intelligence and advisory firm helping clients gain insight into technology and ebusiness trends to develop sound business strategies. Using a combination of rigorous primary research, in-depth analysis, and client interaction, IDC forecasts worldwide markets and trends to deliver dependable service and client advice. More than 700 analysts in 43 countries provide global research with local content. IDC's customers comprise the world's leading IT suppliers, IT organizations, ebusiness companies, and the financial community. Additional information can be found at www.idc.com.

IDC is a division of IDG, the world's leading IT media, research and exposition company.