For a growing number of businesses, the opportunities offered by new online channels are unprecedented. But risk remains – and FDs are at the forefront of designing the next generation of online business pioneers.
But as the first line of defence against risk, the smart FD knows that an e-commerce business is only as good as the system underpinning it. So what are the big risks facing FDs in this space? Are businesses fully equipped to capitalize on the opportunities offered by the digital future? What does a robust and flexible infrastructure look like and what can the FD do to ensure the business is prepared to serve both new markets and develop existing revenue streams. In an economy where data is cheap but insight invaluable, how can the savvy FD sort through the noise to find the real signal by leveraging analytics? And do the opportunities offered by new structure data types really deliver on their promise?
Financial Director and Chase Paymentech have teamed up to discuss the issues facing tomorrow’s e-commerce business. We’ll be focusing on how the FD can lead change, manage risk and spot the opportunities appearing on the horizon.
18.30 – 19.00 Drinks reception
19.00 – 19.10 Welcome
19.10 – 20.15 Panel session followed by Q&A
20.15 – 21.00 Drinks reception
Moderator: Kevin Reed, Editor, Financial Director Magazine
Simon Laffin, Chairman, Assura Group (Former Group Finance and Property Director at Safeway plc)
David Bailey, Finance Director Hiscox UK and Ireland
Shane Fitzpatrick, President & MD, Chase Paymentech Europe Limited
Simon is an extremely experienced finance executive, he has served as group finance and property director of then FTSE 100-listed Safeway.
He currently serves as a non-executive of Quintain Estates, chairing its audit committee. He is also chairman of Assura Group and previously at Hozelock. Laffin has also chaired the audit committee of Northern Rock as part of the new board charged with restructuring the bank.
Laffin also advises on both retail and corporate strategy and in 2001 he was awarded CIMA’s Business Leader of the Year Award.
I am the Finance Director for the UK Retail Division of Hiscox, responsible for accounting, actuarial, mergers and acquisitions and analysis for a business unit with over £400m in GWP and nearly 400 staff.
My role is to ensure the accurate and compliant running of the various financial and legal requirements of the internal business unit and the larger insurance carrier legal entity as a whole Previously I was Finance Director for Hiscox Europe for over 3 years, focusing on cost control, pricing, analysis and reinsurance buying, managing the financial processes and robustness of 6 countries throughout continental Europe.
The evening will be an informal networking and debate evening for Financial Directors, Chief Finance Officers or equivalent, places will be subject to approval by the event organisers.