SWIFT North America Head to share insights on the technology trends reshaping the financial services industry

BOSTON, MA, March 06, 2019 /24-7PressRelease/ — ISITC, the industry trade group focused on developing standards and best practices in financial services operations, announced David Scola, Head of North America, SWIFT, as one of the featured speakers at its 25th Annual Securities Operations Summit. Scola’s session will be held on Monday, March 25, 2019 at the InterContinental in Boston, MA.

In his session “Technology Trends in Financial Services: Enabling Change & Transformation,” Scola will explain how firms can utilize transformative technologies to remain competitive and relevant. During this interactive discussion, Scola will speak with senior leaders across the financial services industry to assess future threats and opportunities, and empower attendees to develop their own strategies based on the reality of technology-driven disruption.

“We’re delighted to welcome David as a featured speaker at ISITC’s 25th Annual Securities Operations Summit,” said Lisa Iagatta, ISITC Chair. “With so many new and emerging technologies in our industry, hearing from a true expert about today’s best-of-breed innovation is an invaluable opportunity. David has great insight into the transformational changes shaping our industry and how firms can address the rapid pace of technological change to maintain their position at the forefront.”

As SWIFT’s Head of North America, Scola is responsible for key client relationships and business development across the region with a focus on driving growth in global payments innovation. Prior to joining SWIFT, Scola served as the Global Head of Financial Institutions of Corporate Banking at Barclays London. Previously, he held senior positions at Deutsche Bank and Bank of New York in product management and strategy across various transaction banking products, including custody, corporate trust, cash, trade, and liquidity.

The 25th Annual Securities Operations Summit theme this year is “Financial Services Disrupted: Charting the Course” and will run from March 24-27, 2019. The three-day conference will attract over 200 leading industry executives to discuss and collaborate on topics such as artificial intelligence and machine learning, the future of data management, distributed ledger technology, API strategy, and gender diversity in the industry.

ISITC brings together investment managers, broker dealers, custodians, utilities and technology vendors to develop and promote standards and best practices that increase operational efficiencies across the securities industry, enabling member companies to provide essential and enhanced products and services. Founded in 1991, ISITC’s membership totals more than 2,000 financial services professionals representing more than 60 firms and trillions of dollars in AUM/AUA. Through its member committees and working groups, ISITC plays a direct role in shaping the future of securities operations by creating and updating market practices, and educating the membership around emerging trends in technology and regulations. www.isitc.org

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