The unique delegate profile and structure of Sibos makes it a priority event for RegTech providers, according to the co-founder of crime prevention tech group, Neterium.
Neterium offers transaction screening solutions to support financial institutions meet regulatory obligations relating to sanctions, Know Your Customer (KYC) and anti-money laundering (AML) requirements.
Pascal Aerens, who also serves as chief product officer, said the global shift towards collaborative software development has solidified Sibos as a compulsory fixture in the calendars of RegTech marketers.
“An event like Sibos has always been a networking event and, with the shift of the ecosystem to collaborative software, Sibos has found its place,” Aerens told Financial Promoter.
“The founders of the company all have more than 20 years’ experience in the financial space and, in terms of return on investment, Sibos is a no brainer. It is surprisingly affordable, and I have been at every Sibos since 2005.”
Neterium’s co-founder said while other mass-attendance events do exist, the costs can make them challenging to justify.
On Tuesday (19 September), Neterium announced a new partnership with European financial institution, Erste Group, which underscored Aerens’ point that Sibos has value as an event to showcase collaborative working.
Erste Group serves more than 16 million customers in seven countries and is to begin an integration pilot of Neterium’s Jetflow transaction screening solution. The pilot will start with a “test and tuning phase” followed by a full-scale parallel run phase before progressively moving all Erste Group’s entities to production in 2024.
In an interview with Financial Promoter, Manon Loison, marketing lead at Neterium (pictured), said the company works hard to ensure it meets the expectations of a sophisticated audience in its marketing outputs.
“We are targeting an informed audience that includes compliance professionals and I.T. teams, so for Neterium, marketing is a cross-business function and not just something on the side.
“The product evolves all of the time, so we try to do a lot such as industry whitepapers, podcasts and videos, to explain things to the market.”