Kashifu Inuwa Abdullahi, Director General, NITDA who
confirmed attendance at the RegTechAfrica Conference would discuss Information
Technology policy objectives and provide frameworks within which the policies
are implemented.
At the conference, Inuwa alongside other speakers would
discuss issues that help cross the divide between regulatory reporting and
technology spectrums, and also look at different approaches in which technology
and data could reduce the complexities in regulatory reporting thereby
increasing operational efficiencies.
The conference which is scheduled for May 24 to 26,
2023, at Oriental Hotel, Lagos, will
also focus on the development, challenges, solutions and economics of
cybercrime, which is one of the emerging threats facing the global economies as
a whole.
Cyril Okoroigwe, the convener of RegTech Africa Conference,
said with the global Regtech market reaching over $10 billion this year,
leading companies in the Regtech market and financial services sector are
focusing on product innovations in order to expand their products and services
portfolio and gain a competitive edge.
According to Okoroigwe, the reality of a harsh economic
environment the world over has made it demanding to maximise cost efficiencies, increase requirements for sustainability as
well as provide an increasingly heterogeneous financial market landscape.
The conference will feature an expansive line-up of stellar
speakers, case studies, panel discussions, presentations providing access to a
wealth of industry-leading knowledge sharing best practices and experiences,
spotlighting trends, information exchange, insights and outlooks with
actionable takeaways.
The event is focused on attracting top professionals with
interest in regulations, compliance, technology, fraud, risk, monitoring,
reporting, financial crime, cyber security, data management and identity
management.
Technology service providers will share their knowledge,
invited agencies of government at federal and state levels will share insights
and showcase use cases in their domains, while international experts will
provide perspectives on international best practices and use cases.
NITDA is mandated by the National Information Technology
Development Act (2007) to establish standards, guidelines and frameworks for
the development, standardization and regulation of Information Technology
practices in Nigeria.
NITDA has published several instruments and monitors their
compliance for the development of information technology in Nigeria. The
instruments serve as a minimum benchmark in the development and implementation
of information technology in Nigeria and enforceable by law.
RegTech Africa Conference is the premier Conference on
Regulatory Services Innovation and Excellence with focus on Africa. It provides
the platform for regulators, regulated and key industry stakeholders to engage,
collaborate and share knowledge around new technologies and practices that
support better regulations.