PRESS RELEASE
Date: Thursday 14th December 2017
Venue: Informatics Forum, University of Edinburgh
Trust in Digital Life (TDL), the community of leading industry partners and knowledge institutes that promotes trust and trustworthy services in the digital economy, today confirmed Financial Services Partner at EY, Stuart Lang, as a keynote speaker at its Whose Data is it Anyway? event taking place in Edinburgh on 14th December.
Former international rugby player, Stuart Lang has forged a highly successful career in financial services, holding senior positions at Sage, Royal Bank of Scotland, Capgemini, Deloitte and now EY, where he is a partner. Stuart is part of a team at EY who regularly advise industry leaders and government on the impact of emerging technologies on the financial services sector. Most recently he co-authored the Open Banking Standard – a guide to how open banking data should be created, shared and used by its owners and those who access it. The document was the culmination of work by the panel of industry experts set up by HM Treasury to form the Open Banking Working Group. At the event Stuart will present ‘Principles and reality – what’s important and what isn’t’.
Stuart joins a distinguished line-up of expert speakers at the conference who will discuss the realities associated with managing privacy and the use of personal data, and, particularly in the context of open banking, debate how the expectations of established businesses, innovators and consumers can be met. The overall objective is to get a fresh perspective of what the world might look like three to five years after the new regulations have been in force.
Stuart Lang says: “Financial services are set to be significantly disrupted as open banking reconfigures the traditional value chain bringing huge opportunities for consumers and businesses alike but this transformation must be carefully navigated as the industry seeks the optimal balance between information sharing, risk and regulation. It is also vital that positive relationships are developed between start-ups and banks to enrich the ecosystem of the industry. A truly collaborative approach throughout financial services will ensure we plot the best course in a world of technological change.”
David Goodman states: “Unlike other GDPR- and PSD2-focused events, this event will discuss and debate the realities of implementing the new EU regulations, particularly in the context of finance and FinTech, and consider the impact they will have on businesses and consumers both now and in the future. Ideally, we would want to leave with a better understanding of the potential conflicts of interest between the stakeholders involved and what can be done to avoid them.”
Whose Data is it Anyway? is being hosted in collaboration with Edinburgh-based The ID Co. and takes place at the Informatics Forum, University of Edinburgh, between 08.30 and 15.15 on Thursday 14th December 2017.
Attendance is free-of-charge for delegates registering in advance
About TDL
The Trust in Digital Life (TDL) community comprises leading industry partners and knowledge institutes that hold trust and trustworthy services to be an essential ingredient of the digital economy. TDL members are committed to enabling a trustworthy ecosystem that protects the rights of citizens while creating new business opportunities. To this end, TDL researches, pilots and incubates trustworthy ICT services and technologies in an innovative environment. TDL forms the bridge between citizens entitled to the best possible services and an industry that develops devices, applications and services that protect them from Internet threats and provides them at an affordable price. A major focus is on the research and business agenda of the European Union.
From banking to healthcare, driverless cars to online shopping, every aspect of our 21st century digital world is dependent on varying degrees of trust between consumers and suppliers, governments and their citizens. The continual threat of cyber attacks has the potential to undermine our confidence in taking full advantage of the opportunities available to grow the digital economy, not only in Europe but across the world. Our objective as a community of industrialists, entrepreneurs and academics is to provide the tools and awareness that the wider community can benefit from in their daily digital lives. Our mission is to create a trusted ecosystem based on innovative and trustworthy ICT products and solutions that protects the data and assets of European citizens and enterprises.
www.trustindigitallife.eu
Editorial contact
Graham Thatcher
Chief PR Ltd
Tel +44 (0) 7933 673 240