Managing the Brexit risk in an IT World
Held on Thursday, May 9
Gill Williams (PwC)
Rob Grey (PwC)
John Rivers (Wipro)
God only knows when/whether/how the UK will leave the EU (if it hasn’t already) – but the uncertainty is almost as damaging as the reality. It forces firms in every financial sector to plan – and to plan on the assumption that EU rules will apply pretty much across the board. We have been following (mostly in our monthly Brussels for Breakfast meetings) what is going on with CCPs, with the rebooking of business within the EU27 and (to a lesser extent) with the physical relocation of staff.
But IT is at least as big a problem – not least because of the complications posed by EU Directives and Regulations (GDPR etc.), and because the direction of travel in the EU is increasingly divergent from that in the US and elsewhere in the world.
Fortunately (and obviously), a lot of thought has been going into this – into what has to be done, and how some of the obvious asymmetries between the UK and EU27 can be handled.
We are, therefore, delighted that we have been able to pull together a panel covering both the professional services side and the tech side to discuss the implications:
Gill Williams and Rob Grey constitute a formidable team from PwC. Gill is the lead assurance partner for Brexit, heading the firm’s data and technology internal audit practice. She began her career in the IT function of ICI (remember them?), and is also a mentor for the 30% Club. Rob is a data and technology specialist, an ACA chartered accountant and a certified information systems auditor and specialising in IT and digital strategy and government.
John Rivers leads Wipro’s modern application services practice in the UK.
I am sure that some of you will have your own views on what actually must happen and what may happen. Whatever, this is an important issue, and it is bound to provide a lively discussion. If you or a colleague would like to join us, please let us know by emailing firstname.lastname@example.org or by calling the Centre on 0207 621 1056. As usual, there will be wine and sandwiches.