[December 9th] How data fabric is driving innovation in the financial services industry

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When:  Dec 9, 2021 from 11:00 AM to 12:00 PM (ET)
Data driven organizations outperform their industry peers in revenue by up to 165% and in profitability by up to 163%. Yet, 68% of data isn't leveraged in many companies due to data complexity and legacy infrastructure, among other challenges.

Data fabric architectures have emerged as an effective means of overcoming data infrastructure complexity and exploiting all data for analytics and AI. These benefits are especially important in the financial services industry where organizations have to comply with strict regulations yet accelerate access to data to obtain timely insights and drive innovation.

Join TJ Shembekar, Director of IBM Global Financing, and John Duigenan Global CTO and Vice President Financial Services Sector at IBM, and Beate Porst as they discuss the industry specific role of a data fabric. They will delve into best practices and strategies that financial services organizations can augment into existing infrastructure to build a data fabric to maximize all data, while ensuring appropriate governance. TJ will also provide a unique perspective based on IGF’s experience of employing a data fabric to overcome data complexity.


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TJ Shembekar, CIO Leader, IBM Global Financing

TJ Shembekar
TJ is the CIO leader for the IBM Global Financing division, which is a wholly owned subsidiary of IBM. He is responsible for driving execution on more than $55M in annual budget across a global staff of 600 IT professionals. TJ is a passionate global business executive who merges IT and business expertise to transform IT landscapes. He delivers great user experiences by using Agile/Design Thinking principles and deploying cloud native solutions that can scale globally.

TJ has more than 25 years in the industry and has worked at IBM for 15 years - the last 12 in an executive capacity. His experiences and strengths include management of large, complex software implementations, global delivery expertise, and cultivating an effective agile organization through coaching and business transformation.

TJ’s industry experience includes manufacturing, financial services and pharmaceuticals. TJ is an instrument rated, commercial pilot, and a charity mission pilot for the Angel Flight organization. He is also an ardent technology early adopter. Currently, TJ lives with his wife in Danbury, CT.

John Duigenan, CTO, Distinguished Engineer & VP, Financial Services Sector, IBM Sales

John Duigenan

John J Duigenan is Global CTO,Distinguished Engineer, and Vice President in the Financial Services Sector of IBM Sales. He is responsible for helping clients and partners to understand and adopt technologies such as IBM's hybrid cloud platform to support digital transformation, application modernization, and the creation of next-generation financial services platform businesses. John leads IBM's Client Technical Leader community in Financial Services to amplify and accelerate our enduring focus on vitality, clock speed, and trusted relationships with clients and ecosystem partners.

He is a computer scientist by training and continues to advance his passion, learning, and daily practice as a hands-on technologist. Since joining IBM in 1998, he held technical and business roles spanning the entire product development lifecycle, with extensive client-facing experience and responsibilities, leading transformation programs across global lines of business.

John lives in New York City and enjoys traveling globally for business and pleasure. He is an Out Executive in IBM's LGBTQ+ community, focusing on diversity & inclusion, career development, coaching, and mentoring.


Beate Porst, Program Director, Product Management, IBM Data and AI

Beate Porst

Beate is the Evangelist and lead Product Manager for IBM Data Fabric. Prior to her current role, Beate led the Data Integration Product Management group where she was instrumental in establishing IBM's Data Integration portfolio as a marketing leader and transforming it into an AI-driven, cloud native portfolio. Beate has more than 20 years’ experience in data management, having held roles in engineering, architecture, and product management. Beate holds a master’s degree in computer science from the University of Rostock, Germany.