The annual event doubles in size as the Moldovan financial sector embraces digital transformation.
The second edition of the Digital Transformation for Financial Institutions (DTFI23) conference took place last Friday, March 24th, 2023, in Chisinau, Moldova. As a prestigious event dedicated to the Moldovan financial sector, this conference has been pivotal in showcasing the importance of embracing digital transformation in the industry.
Launched in 2022, the first edition of the conference attracted a respectable 80 participants. This year, the event experienced remarkable growth, with participation more than doubling to 200 attendees. This significant increase in attendance not only highlights the growing interest in digital transformation but also reflects the commitment of Moldovan financial institutions to adapt and thrive in the rapidly evolving digital landscape.
The conference brought together a diverse group of experts, industry leaders, and stakeholders from both the public and private sectors. The primary focus was on the significance of artificial intelligence (AI), cloud technologies, data science, electronic Know Your Customer (eKYC) processes, and the collaboration between public and private sectors in facilitating digital transformation in the Moldovan financial industry.
Several esteemed speakers shared their insights and experiences, providing participants with valuable knowledge and perspectives on the latest trends and opportunities in digital transformation. The lineup included Stefan Nistor, Founder and Coordinator at Fintech Moldova; Giorgi Shagidze, CEO at maib; Eugen Ghiletchi, Financial Sector Reform Component Lead at USAID MISRA; Mihai Preguza, Data Scientist at maib; Lavinia Alexa, Senior Territory Channel Manager for Romania & Moldova at Amazon Web Services; Andra Somesan, Solutions Architect at Amazon Web Services Romania; Kornelijus Šišla, Head of Sales Department at BS/2; Alexandru Rizea, CTO at QOOBISS; Anatol Poiata, Co-Chief of Data Science Department at AC-Technologies; Vitalie Ursachi, Co-Chief of Data Science Department at AC-Technologies; Zurab Kotaria, Co-Founder and CTO at Identomat; Vladimir Pintea, VP Open Banking Engineering and Payments, Europe at Trovata; Vitalie Esanu, Founder & CTO at Soofragio; Alexandru Rizea, CTO at QOOBISS; Cosmin Pascu, Solutions Architect at AWS; Anatol Poiata, Co-Chief of Data Science Department at AC-Technologies; Marijn Markus, Managing Consultant at Capgemini; Adrian Posteuca, Metaverse Advisor at Concept Factory; Petru Metzger, CEO at Globalista; Cristian Onica, Financial Sector Specialist at USAID MISRA; Aliona Stratan, First Deputy Chairwoman, Head of Retail Banking Division at maib; Vlad Manoil, Senior ICT Consultant at World Bank; Vitalie Tarlev, Digitalisation Expert to Economic Council; and Alexandru Chiriac, Head of Oversight Division at National Bank of Moldova.
The conference was supported by an impressive array of partners. Main partners Mastercard and maib demonstrated their commitment to driving innovation and digital transformation in the financial sector, while Gold partner DAAC Digital, Silver partners QOOBISS, Pricewaterhouse Cooper, and Amazon Web Services, and Bronze partner Identomat offered their valuable insights and contributions.
The event was hosted at Tekwill, a state-of-the-art facility that provided an inspiring environment for the exchange of ideas and knowledge. In addition, USAID MISRA (Moldova Institutional and Structural Reforms Activity) played a crucial role by supporting the conference, further emphasizing the importance of digital transformation in promoting inclusive growth and development.
Throughout the day, attendees participated in engaging panel discussions, keynote speeches, and interactive workshops. These sessions provided an invaluable opportunity for attendees to deepen their understanding of the challenges and opportunities faced by Moldovan financial institutions as they navigate the digital era.
An essential aspect of the conference was the networking opportunities it provided, enabling professionals to forge connections and foster collaboration. These interactions are expected to pave the way for a robust ecosystem for innovation and growth in the Moldovan financial sector.
The success of the DTFI23 conference underscores the critical role of digital transformation in shaping the future of the Moldovan financial sector. By embracing AI, data science, and cloud technologies, financial institutions in the country can successfully navigate the challenges of the digital era, offering better services to their customers and contributing to overall economic growth and development.
As the DTFI23 conference comes to a close, it is clear that the event has left an indelible mark on the Moldovan financial sector, providing a springboard for continued growth and innovation in the years to come. With its rapidly expanding attendance and growing influence, the conference is set to become a fixture in the industry’s calendar, providing a valuable platform for professionals to come together, share insights, and collaborate in the pursuit of digital transformation.
The event’s focus on cutting-edge technologies, such as AI, data science, and cloud computing, underlines the need for financial institutions in Moldova to stay ahead of the curve, adapting to the latest technological advancements to remain competitive on a global scale.
The conference also highlighted the importance of eKYC and digital identity solutions in the modern financial sector. As the industry moves towards greater digitization, implementing secure and efficient identity verification methods will be crucial in combating fraud, money laundering, and other financial crimes.
The active involvement of the public and private sectors in the DTFI23 conference demonstrates a strong commitment to building a collaborative and forward-looking environment for the Moldovan financial industry. By working together, these sectors can drive the digital transformation agenda, ensuring that the nation remains at the forefront of technological advancements and reaps the benefits of a digitally empowered financial ecosystem.
In conclusion, the second edition of the Digital Transformation for Financial Institutions conference has left a lasting impact on the Moldovan financial sector, providing a catalyst for change and setting the stage for a new era of growth and innovation. As the industry continues to embrace digital transformation, financial institutions in the country are well-positioned to navigate the challenges of the digital era, delivering better services to their customers, and contributing to the overall economic growth and development of Moldova.
As we look to the future, the DTFI conference and its growing influence serve as a testament to the determination and commitment of Moldova’s financial sector to embrace digital transformation, adapt to an ever-evolving landscape, and work collaboratively to secure a prosperous and innovative future.