Trueventus scores high with Retail Banking Conference as multiple award winning company, TCS BaNCS agreed to be Gold Sponsor

Asian Bankers Association will also be supporting the conference as Association Partner

Kuala Lumpur: Award-winning company, TCS BaNCS has confirmed their participation in this year's Retail Banking Conference as Gold Sponsor in a continuous effort to showcase their giant presence in Retail Banking services. Retail banking has been facing unprecedented growth in the recent years. According to a research by Deloitte U.S., Generation Y’s spending is poised to surge from $600 billion in 2009 to $2.45 trillion by 2015, which would create a huge retail market for the banks. On top of this, as researched by IBM Business Consulting Services, due to the effects of urbanization and the relaxation of government regulations on trade, India is expected to possess the world’s fourth largest economy by 2025 and China is projected to become the world’s largest in 2040. Ultimately, Asia is going to rise as the power economy of the world, and the retail banking is bound to face an unprecedented growth.

Is your bank ready to embrace this change?

“What is the customer’s behavior and preference in this industry? What do customers really want in order to stay loyal to a bank? According to research findings, operational efficiency remains the priority of banks to achieve competitive advantage to stay at the top of the game. How exactly can we attain that?” said Evone Phoo, producer of the event.

Trueventus is also delighted to confirm Asian Bankers Association (ABA) as one of the main Association Partners in this event. As the largest regional organization representing banks operating in Asia, the ABA has been collaborating closely with various international institutions to promote the development of the region’s financial markets.

Re"Tale" Banking: Retailing in the new era
11 - 12 October 2010 / Park Royal, Kuala Lumpur
To download the brochure, please go to http://www.trueventusmalaysia.com/bank/RBD.pdf
For more information about this event, email Dillon Yong at DillonY@trueventus.com

SecureMetric to sponsor Trueventus’s Retail Banking Conference

SecureMetric Technology, one of the fastest growing digital security technology company has confirmed their participation as Bronze Sponsor in ‘Retale Banking: Retailing in the new era’, an event organized by Trueventus.

This 2-day conference will address key issues such as creating new market, customer behavior analysis, operational efficiency and more with key case studies on “Tapping into the 3rd largest market in Asia, the Indonesian market” and “Competitive pricing strategy”.

ADFIM to participate as Association Partner

The Association of Development of Finance Institutions of Malaysia, an association actively involved in promoting practices in the business and profession of development and banking, will also participate in this event as the Association Partner, part of their effort in endorsing and supporting this event.

For more information on this event, please email DillonY@trueventus.com

Mobile Social Networking - Moving towards the future

It's the cell phone, rather than the personal computer, that's the constant companion for today's hip and socially networked. Why wait till you get home to log onto the PC to tell your 20 closest personal friends about your date? People can use a network-friendly cell phone to relay stories, pictures, and videos instantaneously. "You can use [the mobile application] in this two- or three-minute gap while waiting for a train," says Kakul Srivastava, product manager for photo-sharing site Flickr, which is owned by Yahoo and allows for mobile picture posting. "People are out there, living their lives. They are not sitting in front of the computer."

It is estimated that there are about 3.3 billion mobile phone subscribers on the planet, in other words, about half the population on the planet owns at least 1 mobile phone. According to research, about 2.3% of the 3.3 billion mobile users, are already using mobile phone for social networking, such as chat services, multimedia sharing, personal updates and etc. The company forecast the penetration rate would mushroom to at least 12.5 % in five years. Mobile Social Networking revenues are expected to reach US$52 Billion by 2012.

The questions that most telco professionals are interested to know are:

• What are the long term strategy?

• How to enter the SNS space? Is it better to create your own SNS?

• How do you create a revenue stream from MSN?

• Would it be an incremental revenue stream?

• What are the best pricing strategies for MSN? Plans/ blocks?

• How do Telco companies utitlize the current mobile technologies to encourage users into Mobile Social Networking?

• What is the best business strategy between Telco & SNS? Long term? Short term?

• How will the cooperation move forward?

Trueventus will be organising an event on "Mobile Social Networking" in Novotel Singapore on 6 & 7 October, 2010 to address these issues.

Some of the crucial issues the conference will focus on:

• Building a competitive business case via Mobile Social Networking

• Finding the equilibrium point between business profitability and user’s affordability

• Developing dynamic mobile contents to create competitive edge

• Effective marketing campaign to increase user’s awareness

• Examining how the global brands are utilising social media in building their brand to create alternative revenue stream

For further information, email DillonY@trueventus.com

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