Vizor Software Attends the IFSB Summit 2017

Vizor Software Attends the IFSB Summit 2017

In October, Vizor attended the IFSB Summit 2017 held in Abu Dhabi. Hosted by the Islamic Financial Services Board and the Central Bank of the United Arab Emirates, the theme of this year’s IFSB Summit was “Reinvigorating the Momentum of Islamic Finance: Solidifying Resilience and Sustaining Growth”.

At this year’s event, Vizor was the Executive Sponsor and had a stand in the exhibition hall. On hand to speak with conference delegates was Vizor’s Chief Data and Regulatory Advisor – Declan Collins, Global Client Director – Andy Covey and Senior Sales Executive – Ray Connolly.

Andy Covey and Declan Collins at the Vizor exhibit stand
Andy Covey and Declan Collins at the Vizor exhibit stand.

At the Summit, delegates learned how leading financial regulators across the Islamic world, such as the Saudi Arabian Monetary Authority (SAMA) and Monetary Authority of Brunei Darussalam (AMBD), have worked with Vizor Software to fundamentally simplify and strengthen financial supervision.

The Vizor team also spoke with delegates about how the supervisory solution can:

  • Effectively automate core supervisory processes, massively reducing manual work, eliminating errors, and increasing the timeliness of data.
  • Provide extensive, intelligent analysis and reporting by collecting all supervisory data via online forms or XBRL/XML/Excel upload.
  • Process, monitor and report on both quantitative and qualitative data to present a more holistic and more accurate picture.
  • Reduce the risk of error, highlight early warning signs, and empower better decision making.

A highlight of the Summit for Vizor, and everyone attending was the Gala dinner held at Khalidiya Palace Rayhaan by Rotana, Abu Dhabi.

Opening remarks at the IFSB Summit Gala Dinner 2017
Opening remarks at the IFSB Summit Gala Dinner 2017