Top 3 Reasons We Loved the Janney Bank CEO Forum

Introduction

While there were many reasons why I enjoyed attending the Janney CEO Forum I am narrowing it down to my top 3. 

An Event Full of Approachable Bank CEOs and CFOs

The conference is geared for meetings between investors and the Banks. This may be just to catch up with existing investors or bring in some new ones.  I found that I had easy access to Bank CEOs and CFOs and I appreciated the structure of the event to allow for this.  It was small enough that impromptu interactions occurred but not so big that one got lost in the shuffle.  

Appreciate the Opportunity to be on a Panel

I would like to thank the Janney Team for pulling off a great event, and specifically David Brown and PA Weiner, our moderator.  I was on a panel discussing how technology can help small to mid-sized banks outperform their larger peers.  With Shai Stern of CheckAlt and Pradeep Bhatia of Derivative Path, we talked about how technology is leveling the playing field by allowing smaller banks to offer more or deeper products.  These products not only increase non-interest income, but they can often reduce risk and back-office costs as well.  In the case of Foreign Exchange, we take a process that is a cost-center and turn it into a profit center just by allowing the institution to take home more of the fees but more importantly, improve compliance and operations efficiency.  My colleagues did the same for checks and derivatives respectively.  The key for all three of us is that it is not a heavy lift for the IT department and we know that technology is making it easier to use non-core systems on your existing core. 

Excellent Networking

There were dinners, lunches, cocktail hours, and other opportunities to network with the conference participants.  I met some potential investors, partners, clients, and service providers in a low stress environment. Again, we had a great time and would thank Janney for having us.