Revolutionising Businesses through Blockchain

Past Programmes

19
Jun 2019

8:30 am - 5:00 pm

Securities Commission Malaysia

Speakers : EDMUND YONG | JESSICA CHUAH

10 CPE

MYR 950 *Fee is not inclusive of 8% SST

Revolutionising Businesses Through Blockchain

 

Blockchain and its distributed ledger technology have generated a significant amount of interest within the capital market community. The vast solutions that it brings to the capital market infrastructure includes operational efficiency, better transparency, reduced risks and operational costs.

A number of financial institutions have started to invest heavily to explore its potential. According to a study carried out by the Aite Group, by 2019 the amount of financial institutions investment in blockchain is expected to increase by five times amounting to USD 400 million as compared to 2015.

The Australian Stock Exchange (ASX) had also started working on developing a distributed ledger based solutions for clearing and settling trades to replace its Clearing House Electronic Subregister System. It was also noted that Japan Exchange Group (JPX) together with IBM had announced their testing of the technology to be used in trading of low volume transactions.

This programme will deliberate on business cases and course of events from around the globe focusing on applications of blockchain in businesses, which have been tried, tested and in operation as well as its future in the capital market. This programme will also look into the role of regulators and intermediaries following this new change of landscape affecting the financial institutions.

Programme Objective
This programme aims to provide comprehensive insights into the potentials and developments of blockchain applications as well as its adoption rate, speed and prevalence within the global and local sphere.

Learning Outcomes

By the end of this programme, participants will be able to:

  1. analyse the impact of blockchain and recommend changes to business processes;
  2. adapt and learn new ways to do work in line with blockchain advancements;
  3. develop new business approaches in meeting the emerging trends, business needs and market demands;
  4. analyse the impact and benefits of deploying blockchain to achieve business objectives; and
  5. review business structure and processes to capitalise on blockchain advancements.

Methodology

Interactive presentations, case studies discussions and Question-and-Answer (Q&A) sessions

Competencies

Functional (Technical) – FUT04 Digital Technology Application (Level 3)
Foundational (Product) – FOP01 Capital Market Environment (Level 3)

Target Audience

Individual 

Dealers, Trading Representatives, Compliance, Auditors, Risk Management Officers, Fund Managers, Analysts, Investors, Academicians, University Students and Public.

Institutions 

Asset management companies, fund management companies, stockbroking firms, investment banks, commercial banks, insurance companies, alternative financing platforms, startups, exchanges, public listed companies

8.30 am Registration
9.00 am
Session 1 –
Edmond Yong
Blockchain Today: The Momentum Shift

  • A disruption or evolution to businesses today?
  • Blockchain adoption in capital markets: Where are we now?
  • A look at blockchain technology and its developments
  • Benefits of blockchain and its ecosystem to business enterprises
10.45 am Coffee Break
11.00 am
Session 2 –
Harpreet Singh
Blockchain In Capital Markets: Disruption Or Evolution?

  • Blockchain in theory vs practical business applications
  • Real world challenges of blockchain adoption
    • Key areas  i.e. clearing and settlement, trading, custodian services, KYC/AML, record keeping and reporting etc
    • Implementation challenges
    • Implications to business models and structures
    • Sample cases of blockchain adoption in capital market, the reinvention of businesses and product/services innovations
  • Yes or No?: Leveraging on blockchain for business enterprises

 

 

1.00 pm Lunch Break
2.00 pm
Session 3 –
Abdul Fattah Yatim
Blockchain Adoption: Yay or Nay?

  • Strategic adoption: What to consider and its challenges
  • Regulatory, governance and compliance
    • Blockchain as a tool
    • Blockchain: Regulatory or industry driven?
    • Regulatory concerns: Agility while remaining compliant
3.30 pm Coffee Break
3.45 pm
Session 4 –
Jessica Chuah
What Next?: The Future of Blockchain in the Capital Market

  • Theories of blockchain and its potential: What more can it do?
  • On-going experimentation with blockchain adoption in the capital market
  • Future workforce trends: Jobs and careers with blockchain
5.00 pm End of Programme

EDMUND YONG
Edmund has held several senior management roles, as the former Asia Pacific Director for a big data and blockchain-powered company on the Fortune Global 500, and General Manager of a dominant credit reporting bureau. Prior to this, he cut his teeth in finance for over a decade, where he last headed an unsecured lending arm of a sovereign fund-owned bank as Senior Vice President.

He has led several industry-first and market-leading solutions on fintech, risk scoring, and e-delivery, which are honoured with dozens of international awards for product innovation.

His career has spanned three continents, and is professionally certified in CFPI®, PDCA® and Six Sigma® Black Belt methodologies for Total Quality Management (TQM), with four academic degrees (including LLB and MBA).

JESSICA CHUAH
Jessica is the Chief Compliance Officer at Tokenize Xchange. A risk practitioner with a demonstrated history of working in financial services industry in particularly Financial Technology. Skilled in Internal audit, risk management, corporate financial reporting. Well versed with FSA, IFSA, AMLA and Capital Markets and Services Act. Strong business development with Bachelors of Laws (LLB) from University of London and ACCA. Member of Malaysia Institute of Accountant.

In the past Jessica had consulted various ICO projects, helping clients to develop, draft and maintain compliance policies and procedures outlining firm requirements, regulations and best practices. On a continuous development, she analyses new or amended laws, rules and regulations in order to formulate practical solutions to industry-wide issues. Coordinated with the business, Legal, Technology and other divisions across client’s firm on new desk initiative.

Jessica was also a judge on the Reality Programme for UNBLOCKATHON. She also gives advise to students or participants for developing business model.

ABDUL FATTAH MOHAMED YATIM
Mr. Abdul Fattah Yatim is the Chairman of the National Standards Committee on Blockchain and Distributed Ledger Technologies (codenamed TC/G/15 under the Department of Standards Malaysia, Act 549). The Committee comprises representatives from Government agencies, Regulators, Industry, R&D organisations, NGOs and Academia. The Committee works closely at the ISO Committee on Blockchain and Distributed Ledger Technologies, codenamed ISO/TC 307) with participation from over 40 countries.

Mr Fattah has over 40 years of work experience, starting off as an electrical engineer with the National Electricity Board (now Tenaga Nasional Berhad), from 1978-1983. He specialized on long range planning for Transmission and Generation and following his deep involvement in computing methods in those functions, he decided to leave the company and switch to ICT as a career.

He worked in Esso Production Malaysia Inc (now Exxon Malaysia) from 1984-1995 where his last position was the Applications Manager managing an annual ICT budget of over RM 150 Million and covering all applications in the Upstream (Exploration, Production and Engineering Economics), Downstream (Refinery, Supply, Products and Logistics) and Common Functions (ERP, Human Resource, Finance, Procurement, Maintenance, Contracts etc). While in Esso, he had foreign assignments in Production Departments of Exxon Production Research Company and Exxon Company USA in Houston, Texas USA and the ICT Department of Esso UK PLC, London, UK in 1987-1989.

From 1996 he joined a consultant firm and was assigned to lead a Consulting team to the Malaysian Armed Forces on a critical project covering the Army, Navy, Air Force and Joint Services.

Since 2002 he has been attached to several consultant firms as a freelance consultant to both the public and private sectors in Project Management, ICT Strategic Plans, Business Process Reengineering, ICT Security, Business Continuity Management, Risk Management and Blockchain. He played a significant role in the implementation of the National Cyber Security Policy as a consultant to Cybersecurity Malaysia.

Mr Fattah is a Professional Member of the OIC-CERT (Organisation of the Islamic Cooperation, Computer Emergency Response Team, www.oic-cert.org) which presently comprises CERT organisations from more than 20 countries, members from industry, and professional members. He was a Council Member of the Institution of Engineers, Malaysia (IEM). He was also a Council Member of the Malaysian Society for Engineering and Technology.

Since 2007, he has represented the Institution of Engineers, Malaysia, in the Malaysian National Committee on ICT Standards (known as ISC/G Committee under the Department of Standards Malaysia, Act 549) where he is presently also the Deputy Chairman. The committee oversees the development and adoption of ICT standards in Malaysia working closely with ISO. These include Information Security, E-Commerce, Software Engineering, Intelligent Transportation, GIS, Health Informatics and Internet of Things. The Blockchain and Distributed Ledger Technologies Standards Committee (TC/G/15) is one of the committees under ISC/G.

Mr Fattah has given more than 30 talks on Blockchain in various platforms and conferences.

HARPREET SINGH MAAN
Born and raised in Sungai Besi, Kuala Lumpur, Blocklime CEO Harpreet Maan comes from humble beginning. Armed with his natural inquisitiveness, a software development graduate and a blockchain developer by the age of 22.

Harpreet envisions a future where blockchain not only solves real life issues but truly established the trust between the technology and people. With this vision, he founded Blocklime, a Malaysian company cater to distributed ledger technology (DLT) and blockchain development. He has also started on thought leadership focusing on DLT and blockchain technology and its potential applications in fintech, insurtech, and regtech.

On his blockchain journey, he realizes that the blockchain ecosystem has a lack of blockchain talent especially in SEA region as well as many are still unaware of the blockchain technology. With that, he
strongly believes that it is crucial to build talents and increase Ablockchain awareness by building blockchain communities and organising blockchain training by Blocklime.

He envisions that the potential and impact of DLT technologies will be great for the betterment of society and acts as an enabler to pave access to the adoption of both blockchain and DLT technologies. Along his journey in Blockchain he gained a position in the ISO Committee as a National committee member on ISO standards for “Blockchain & Electronic Distributed Ledger Technologies”. He is an Ambassador for Hedera Hashgraph and Hyperledger. He is also a member of MDEC Digital Expert Panel to assist on Blockchain adoption in education & industry.

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