Sabet Elias

In a recent annual letter, Jamie Dimon, CEO of JPMorgan Chase & Co., showcased the strength of the firm with a multi-stakeholder lens. One important missing piece is "Technology/Innovation and Cybersecurity" oversight as part of key oversight responsibilities of standing committees of the Board. What do you think? Check out my LinkedIn piece here (https://lnkd.in/gK6njsiV) on my take. #CEO #KSgems #CIO #CTO #CISO #Boardroom #BoardDirector #BoardGovernance

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Thanks to help from all of you, we recently set a Guinness World Record for the most users to take an online financial literacy course in 24 hours. Find out how we did it and why we take financial literacy so seriously. https://bit.ly/3YmjemS

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The economy is stable with 2.8% GDP growth and steady 4.1% unemployment; with a new President and aligned Congress, change is expected, but consumers may pause financially until holiday spending picks up, and a potential Fed rate cut could sustain momentum. Get a Quick Quote! https://lnkd.in/dzeWuErp Apply Now! https://lnkd.in/dyPfJJny #economy

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Citi leans on tech modernization to fix data quality management failings. The company invested more than $12 billion in technology last year. They say that they have reduced the time it takes to book loans, automated controls for their traders to reduce errors, moved risk and analytics to a cloud-based infrastructure and increased the resiliency of their platforms to reduce downtime. Citi spent about $3 billion last year on transformation related work and plan to increase that this year. #digital #banking  #technology

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Could emerging market debt be the dark horse of the fixed income markets for 2025? Attractive yields and central banks that largely have the ability to cut rates are up against concerns around possible tariffs. It should make for an interesting year. #fixedincome #emergingmarkets

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Combining the muscle memory of past cycles in #markets with new ideas and ways of thinking is crucial to lasting success. Chris Pizzotti, global head of FX voice trading at State Street Global Markets, joins #STTStreetSignals to talk about his experiences in #trading and answer the most pressing questions in #macro markets today. Is #volatility back for good or will it subside as quickly as it rose? How aggressive will the #FederalReserve and #BOJ be in signaling policy intentions? And what does it mean for the #USD, #JPY and #EM FX markets? http://ms.spr.ly/6049mZxWx

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I am thrilled to share that I will be on this webinar with industry peer Chloe Jenkins discussing all things #ISO20022, the challenges, the benefits, the future of payments. Register via the links in the post below

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Check out the new FFIEC Development, Aquisition and Maintenance book that dropped 23 days ago. Quite a robust uplift from the prior version examination guide. https://lnkd.in/erXheG2a

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This should be an interesting ride as we start developing expertise and knowledge around such a fluid technology such as AI. How to regulate? How to protect? How to advance technology using advanced AI technology integration without opening huge vulnerabilities to organizations? # First Chief AI officer #Financial #Regulations #AI technology

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In its recent financial stability paper, FPC highlights ops resilience as essential for maintaining financial stability under a macro-prudential framework. It emphasizes that ops resilience is now a systemic priority, requiring collaboration between regulators and firms, as well as robust scenario testing to mitigate broader economic risks. Recent financial stability paper on Ops resilience under macro prudential framework here: https://b-o-e.uk/4g1wMMu

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I'm happy to announce that I've acquired the Securities Industry Essentials (SIE) certification from FINRA! In today's world, the convergence of business and technology is not just important; it's essential. It's commonly acknowledged that business leaders should enhance their digital and data literacy. However, it's equally important for technologists to develop their business acumen. For those aspiring to broaden their skill set, I recommend exploring the FINRA SIE license exam. Preparing for this exam provides a solid foundation in securities knowledge and doesn't necessitate firm sponsorship if you're not actively engaged in the securities industry. #DigitalLiteracy #DataFluency #SecuritiesKnowledge

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There's still time left to register and join me at CDAO Fall 2024! ⏳ 🎫 To join me, register here: https://lnkd.in/g7SNGcbD This 3-day event will take place on October 15-17, at the Boston Marriott Copley Place, bringing together 500+ of the top minds in Data and AI. 👏 #CDAOFall Corinium Global Intelligence

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In this episode of The Bid #podcast, Tony DeSpirito, BlackRock's Global CIO of Fundamental Equities, joins host Oscar Pulido to discuss the factors driving the U.S. stock market (or stocks), where he's finding opportunities and some of the challenges that lie ahead. Listen here: https://1blk.co/4h92hE3

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Bank of America is helping teammates grow their skills with innovative AI training to simulate real world situations. The technology helps colleagues improve quickly and build confidence in their work. https://bit.ly/4i7Fjyg

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The Depository Trust & Clearing Corporation (DTCC) Chainlink Complete Pilot to Accelerate Fund Tokenization with JPMorgan Chase & Co. Franklin Templeton BNY Mellon Participating. The aim of the Smart NAV pilot was to test a process to bring and disseminate fund data on multiple blockchains, a key step for tokenization. #fintech #blockchain #cryptoledger #investment #finserv

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Recently, a BNY colleague and I discussed over lunch how we can make the greatest impact as leaders. He put it so simply and beautifully that "it comes down to our teams and clients," and I couldn't agree more. As a Fintech leader, I would add that it also comes down to the challenges our innovations solve and the value they create. Reflecting on my recent visit to #Singapore, I heard firsthand about the challenges our clients face and where they see the most significant opportunity for enhanced outcomes. Several themes emerged that are central to our roadmap, including: 1. There is a user in every transaction, and B2B is ultimately B2B2C - start with the end user's point of view. 2. Innovation is appealing but only when it's fit for purpose - every feature and enhancement must solve pain and achieve the desired outcome. 3. Like regional and cultural nuances, data governance and data residency requirements vary by market - global requirements must be a key consideration. 4. Operating model transformation is a catalyst for change, but change is hard - bring people along with change management and education. 5. We're in the ecosystem era where delivering impactful tech is a team sport - scale, speed, and precision depend on the right people and partnerships. When done right, data platforms and AI-powered analytics can solve real challenges while accelerating competitive growth. As one of our clients commented - "You are helping our organization future-proof for scale," - something we couldn't do without our incredible team and clients around the globe. #Data #Innovation #LifeAtBNY

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