Grand Opening of the 9th ICITFS2009

The global financial crises has sped up the worldwide transfer of financial service outsourcing, and provided rare opportunities for China s development in financial service industry. On October 19, the 9th ICITFS2009, jointly hosted by Hangzhou Government, Zhejiang University, State Street and Insigma, had its grand opening in Zhejiang University. Guili TONG, the Deputy Mayor of Hangzhou, attended the conference and made Opening remarks.
Attracting the participation of over 40 senior officers, the event has been larger in scale than any previous ones. Also attending the event are senior officers and experts of dozens of well-known international financial services and IT enterprises including IBM, SUN, Symantec, Schooner and Broadridge, who come together to deliberate commercial and technological strategies for China s financial outsourcing industry development and building of international financial service center in the tide of global industrial restructuring and financial service transfer.

Maureen MISKOVIC Chief Risk Officer of STT, delivered the keynote speech on the risk control and management in American financial market. STT s Chief Information Officer,Christopher PERRETTA showed STT Global Center s successful model of best practice jointly developed by Hangzhou and Boston teams. Tianxi WANG, IBM s Vice President of Greater China John R. BUSCH, President and CEO of Schooner, and Bob FRANKSTON, known as the father of electronic spreadsheet made introductions of such latest developments and advances in financial and IT fields as modern computer model and technology, cloud computing strategy, etc.

Forum also invited senior experts and scholars from financial circle including Zaiyue XU, Vice President of China Foreign Exchange Center, Yu LI, Executive Dean of Shanghai Finance University International Finance Institute, and Dapeng LI, CTO of SHFE to discuss potential and policy trend of development of China s financial service industry.