Top Trends for Financial Services 2025: Open Banking

Join us for a compelling discussion on open banking technologies and their transformative impact on the financial services landscape. This session will explore how open banking fosters innovation by enabling secure data sharing between banks and third-party providers, enhancing customer experiences through personalized services and streamlined processes. Industry experts will discuss the regulatory framework, key technological advancements, and emerging trends driving the adoption of open banking. Participants will gain insights into the opportunities and challenges presented by this shift, as well as practical strategies for leveraging open banking to create competitive advantages in the market.

Speakers

Richard Harmon | VP, Global Head of Financial Services

Dr. Harmon is the Global Head of Financial Services at Red Hat. He joined Red Hat in December, 2020 and has over 20 years of experience in Capital Markets with specializations in Risk Management, Advance Analytics, Fixed Income Research and Simulation Analysis. Prior to Red Hat, Dr. Harmon was Managing Director of Financial Services at Cloudera and also SAP Financial Services. Prior to this he held senior positions in Capital Markets at Citibank, Bankers Trust, JP Morgan, BlackRock, and Bank of America/Countrywide Capital Markets. He started his career at the NY Fed and Federal Reserve Board as a Research Economist. Dr. Harmon holds a PhD in Economics with specialization in Econometrics from Georgetown University.

Hector Arias | Retail Banking Global Lead

Héctor Arias has over 20 years of experience within the banking industry in the EU, USA and Latin America, with specializations in embedded finance, digital transformation, business strategy and new digital businesses. He has executive and hands-on experience in B2B and B2B2X business models for banks to serve customers by embedding financial services into third party partners. Héctor usually works with customers, consulting and technology partners on capabilities for banks to accelerate and improve their journey to the hybrid cloud. He is also a contributing author to IBM Business Value on Embedded Finance.

Monica Sasso | Global Financial Services Digital Transformation Lead

Monica provides strategic support to customers as they look to open source and adopt open hybrid cloud technologies to drive business transformation initiatives. Monica’s focus areas are digital transformation and compliant infrastructure. Previously, Monica worked for prestigious organisations on a global scale – from Nationwide and Barclays to Coutts and Deutsche Bank. In her spare time, Monica works with female entrepreneurs and helps encourage more girls to participate in sports – she is the past Honorary Treasurer and Corporate Social Responsibility Champion for the University Women’s Club, London is a Girl Guides leader, a STEM-ette mentor and is the Global Chairwoman for Red Hat’s Women Leadership Community.