Sparking innovative ideas
The tax landscape for insurance companies is constantly changing. In-house tax professionals often struggle to address numerous top-of-mind items, including the status and effects of US tax reform on the company, while trying to efficiently leverage their tax resources for other tax planning and compliance purposes. Participants will learn about current topics regarding insurance industry trends and relevant tax issues, and obtain up-to-date information and insights.
The FASB has continued work on the proposed accounting standards update (ASU) that would change the US GAAP accounting and disclosure requirements for certain long-duration insurance contracts. This ASU is a substantial change that will require careful planning and significant resources in preparation for adoption. What do you need to know? Participants will learn about the proposed ASU and obtain up-to-date information and insights about adopting it.
In the current turbulent environment, many investment management firms are experiencing tighter margins, whether the result of competitive pressures, shifting consumer expectations, or operational infrastructure enhancements. Facing these pressures, how can investment managers reevaluate strategic decisions and address organizational costs more effectively? Participants will learn about burgeoning disciplines that investment managers can leverage to combat margin compression.
Alternative data will likely transform active investment management over the next five years for hedge funds, long-only mutual funds, and even private equity managers. What strategic risks could firms face if they do not update their investment processes to include the use of alternative data? Participants will learn why care must be taken as alternative data is incorporated into critical business processes.
The mainstreaming of blockchain has been slower than expected, but more financial organizations are looking at it to help improve process scalability, security, and efficiencies. Given the prevailing consensus around the benefits of blockchain, are more use cases likely to go live at scale? Participants will learn about designing a blockchain commercialization strategy and how it can help create enterprise value.
Brand and reputation can be impacted by various internal and external threats. How can investment management firms actively manage reputational risks that can lead to lost revenue, destruction of shareholder and brand value, and increased operating, capital, or regulatory costs? Participants will learn how a proactive approach to brand and reputation risk management can impact overall enterprise value.
The adoption of robotic, cognitive, and AI tools within financial institutions is increasing exponentially, with a view to driving efficiencies and improving customer value. Why, then, is automation failing to yield all the anticipated benefits in a significant number of banks? Participants will learn how, beyond today’s efforts, the adoption and strategic implementation of automation tools can drive efficiencies and improve overall customer experience.