Open Banking & Open Finance at the latest ATTF Executive Program
On Saturday, May 25th, Anne-Sophie Morvan (Chief Commercial Officer, LUXHUB) took part in the 2024 edition of the ATTF Executive Program. This seminar brought together 16 banking C-levels from 12 different countries and diverse regions, from Africa to Eastern Europe. From May 21st to 28th, they got a glimpse of the latest trends, with topics such as Corporate Governance, Digital Transformation and Open Finance discussed.
The ATTF – an initiative of the Luxembourg government, standing for Agence de Transfert de Technologie Financière, or Financial Technology Transfer Agency – seeks to create an impact within its selected partner countries, through the transfer of knowledge, know-how and expertise in banking and financial services.
“Shaping the future of your bank”
ATTF and the House of Training are delivering a well-balanced program featuring practice-oriented lectures on Transformation Leadership, Banking Strategy, New Distribution Channels, Risk Management, Corporate Governance, Digital Transformation, Cybersecurity, Sustainable Finance, Open Banking, and more.
Destined to C-level executives, direct reports and board members of commercial banks and financial institutions, the program has several key objectives, such as:
- Re-assess the future of banking in the context of a fast changing environment;
- Provide a comprehensive review and share experiences on developing the strategic understanding of good governance
- Understand the impact of new technologies, including Fintech, on the established financial market and explore Digital Transformation
- Build a valuable network with international banks and institutions
- And more
Several local experts are invited, each year, to share their knowledge on specific topics. The ATTF trainers are seasoned industry practitioners with deep experience from the Luxembourg Financial center.
From Open Banking to Open Finance
In 2024, just like the past year, Anne-Sophie Morvan (LUXHUB CCO but also Member of the Expert Group on European Financial Data Space (DG FISMA) and Vice-Chair of the ABBL Financial Data Space Working Group) animated a workshop entitled “How Open Finance transforms the financial industry”. She first explained why and how Open Banking emerged in the EU, discussed its adoption, shared lessons learned and concrete use-cases. Finally, she focused on the transition to Open Finance, with the different initiatives currently held in the world.
LUXHUB, as an Open Banking pioneer and Open Finance enabler, is always keen on sharing its past experiences and lessons learned, from the implementation of PSD2 and the publication/distribution of the related-APIs to payment initiation solutions, notably. Lately, the LUXHUB experts have also started sharing their Open Finance knowledge, discussing use-cases and potential opportunities for all types of financial services companies, with speeches in several European countries.
Wrapping up the 2024 edition
During this busy week, experts from ABBL, Lux Flag, Luxembourg for Finance, LSFI, Bourse de Luxembourg, etc. shared their knowledge through different activities and workshops.
“Addressing C-suite Leaders from the target countries of Luxembourg, our ATTF Executive program is covering a large scope of strategic issues, of key importance for these senior bankers.
“In this framework, Digital Transformation is one of the most important modules, and it was really great to have with us Anne-Sophie Morvan from LUXHUB addressing in a very professional and practical way the key importance of Open Finance, and how this is transforming the Financial Industry. Her lecture was well received, and brought a positive end to a very intensive Saturday of hard learning”, highlighted Roger H. Hartmann, ATTF Senior Expert, Coordinator and Moderator of the ATTF Executive Program since 2015.
The Executive Program ended with a Closing Ceremony which took place at Spuerkeess’ HQ in Luxembourg, under the patronage of Françoise Thoma, CEO of Spuerkeess. She notably took part in a fireside chat with all the participants, discussing the bank’s long-term mission and its values.