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Spectrum Systems Represented at SIBOS 2009 Hong Kong

September 24, 2009


Spectrum Systems’ CEO Yuri Rabinovitch was among more than five thousand banking industry professionals in attendance at the 2009 Sibos conference in Hong Kong. Despite the tropical storm that descended on Hong Kong during the conference, Mr. Rabinovitch’s attendance was an important and successful event for Spectrum.

Sibos is the biggest financial services event of its kind, it is organized by SWIFT annually since 1978 to bring together the financial industry in order to learn, collaborate, and spawn innovation. Attending Sibos helps Spectrum focus on real-time needs of the industry, so Spectrum’s products and services can be geared towards these needs. Many large financial institutions expressed interest in our expertise, products and services. The banking industry relies on secure information technology systems to perform day to day tasks, and is constantly looking for innovations in the area.

Mr. Rabinovitch actively participated in the SWIFT-lead innovation exercise ‘Innotribe’ — a stream focused on innovation in technology and financial services. See The Meaning of Innovation excerpt from Sibos’ "53 weeks later" article. The flagship speech on innovation was given by Guy Kawasaki, serial entrepreneur, venture capitalist, author of nine books, and columnist for Entrepreneur Magazine. The innovation exercise was set up as a series of teams competing for the best new idea for the financial industry. Mr. Rabinovitch was in the winning team. He was recognized along with other team members, and congratulated by SWIFT CEO Lazaro Campos at the SIBOS plenary session.

In Guy Kawasaki’s own words: "These people were complete strangers four days ago. The idea is called ‘eMe’, and it’s a digital safe deposit box. Incidentally, this pitch is better than 98% of the ones I see in Silicon Valley from entrepreneurs who have worked on a product or service for months". Follow the link to see the video of the eMe presentation.

Yuri and Guy Kawasaki in front of the eMe brainstorm board

In October 2010, Sibos will be held in Amsterdam, with Spectrum Systems planning on attending.


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