Kathmandu– Nepal’s financial services industry witnessed a landmark gathering as leaders converged in the capital to assess the country’s journey towards digital modernization. The Genese Solution digital transformation seminar brought together over 100 CEOs, CISOs, and CTOs from banks, finance, insurance, and capital markets sectors under one roof.
The comprehensive Genese Solution digital transformation seminar, organized by the UK-based value IT consulting and cybersecurity company, focused on “Secure the Shift | Driving Digital Transformation with Cloud Migration & Cyber Resilience for BFIs.”
Government Commitment to Digital Nepal Framework
Investment Board Leadership Vision
Addressing the Genese Solution digital transformation seminar as chief guest, CEO of Investment Board of Nepal, Sushil Gyewali, emphasized the government’s commitment to implementing the ‘Digital Nepal’ framework policy. He assured that the Investment Board would leave no stone unturned to facilitate foreign investment into Nepal’s Information and Communication Technology (ICT) sector.
Gyewali’s keynote address highlighted the national vision and policy direction for BFSI transformation, positioning digital modernization as a strategic priority for Nepal’s economic development.
Industry Leadership Perspectives on Digital Evolution
Cloud Adoption as Business Imperative
CEO of Genese Solution, Anjani Phuyal, delivered a compelling message at the Genese Solution digital transformation seminar, stating that cloud adoption was no longer optional for financial institutions.
“Cyber resilience is a culture, not just a compliance checklist. For us at Genese, this isn’t just about showcasing solutions. Digital trust is the new currency of growth,” Phuyal emphasized during his presentation.
Expert-Led Sessions and Presentations
The Genese Solution digital transformation seminar featured multiple expert-led sessions addressing critical aspects of financial sector modernization:
Opening Remarks and Welcome: Mr. Bishnu Subedi highlighted event objectives and welcomed distinguished participants, setting the stage for meaningful dialogue about Nepal’s digital transformation journey.
Comprehensive Technical Program Coverage
Customer Engagement in the AI Era
GenAI Customer Communication: Mr. Kailash Badu of Genese Solution presented insights on “Customer Communication in the GenAI Era,” focusing on personalization and automation in BFSI with GUMP use cases. This session explored how artificial intelligence can enhance customer experience while maintaining security standards.
Cybersecurity Best Practices Implementation
ISO 27001 Standards for BFSI: Global CTO and CISO of Genese, Niranjan Kunwar and Ms. Sampanna Shrestha, delivered a comprehensive presentation on ISO 27001 best practices and lessons specifically tailored for Banking and Financial Services Institutes (BFSI) of Nepal.
Leadership Panel Discussion
Secure Digital Evolution Dialogue: The Genese Solution digital transformation seminar featured a leadership Q&A session with Anjani Phuyal, Bishnu Subedi, Kailash Badu, and Sampanna Shrestha discussing critical topics including modernization strategies, security frameworks, and customer trust development.
Cloud Migration and Modernization Strategies
Accelerating BFSI Cloud Adoption
Strategic Modernization Framework: Mr. Anjani Phuyal presented “Accelerating BFSI Modernization with Cloud,” discussing comprehensive strategies for modernization, regulatory compliance, and sustainable growth in Nepal’s financial sector.
The presentation addressed: Key Modernization Areas:
- Cloud infrastructure migration strategies
- Compliance framework alignment
- Sustainable growth methodologies
- Risk management in cloud environments
Regulatory Perspectives and Policy Framework
Central Bank’s Digital Transformation Oversight
Nepal Rastra Bank’s Vision: Mr. Kiran Pandit from Nepal Rastra Bank provided crucial regulatory perspectives, discussing the central bank’s policy direction and oversight mechanisms for digital transformation initiatives in the financial sector.
His presentation covered: Regulatory Focus Areas:
- Policy frameworks for digital innovation
- Risk management guidelines
- Compliance requirements for cloud adoption
- Supervisory approach to emerging technologies
Industry Collaboration and Knowledge Exchange
Networking and Professional Development
The Genese Solution digital transformation seminar included extensive networking opportunities, enabling participants to:
Professional Engagement Benefits:
- Share industry insights and challenges
- Explore collaborative solutions
- Build strategic partnerships
- Exchange best practices across institutions
Expert Commentary on Event Significance
“Digital transformation in BFSI is no longer a choice—it is a necessity. This event provided a platform for leaders to exchange knowledge, address challenges, and explore secure and innovative pathways for modernization,” stated Mr. Phuyal, recognized as a global digital transformation expert.
Comprehensive Session Topics and Coverage
Core Focus Areas
The Genese Solution digital transformation seminar addressed multiple critical aspects of financial sector evolution:
Technical Sessions:
- Cloud migration strategies and implementation
- Cyber resilience framework development
- Customer engagement platform modernization
- Regulatory compliance in digital environments
Strategic Discussions:
- Leadership approaches to digital transformation
- Risk management in modernization initiatives
- Sustainable growth through technology adoption
- Building digital trust with customers
Impact on Nepal’s Financial Sector Modernization
Industry-Wide Digital Transformation Momentum
The Genese Solution digital transformation seminar represents a significant milestone in Nepal’s financial sector modernization journey, bringing together diverse stakeholders to address common challenges and opportunities.
Future Implications for BFSI Sector
The event outcomes are expected to influence: Sector Development Areas:
- Accelerated cloud adoption across financial institutions
- Enhanced cybersecurity frameworks and practices
- Improved customer experience through digital platforms
- Stronger regulatory alignment with digital innovation
About Genese Solution
Company Profile and Expertise
Genese Solution, a UK-based value IT consulting and cybersecurity company, specializes in helping organizations navigate complex digital transformation challenges. The Genese Solution digital transformation seminar demonstrates the company’s commitment to supporting Nepal’s financial sector modernization through knowledge sharing and expert guidance.
Service Portfolio Focus
The company’s expertise encompasses cloud migration strategies, cybersecurity frameworks, regulatory compliance, and digital transformation consulting specifically tailored for banking and financial services institutions.
The Genese Solution digital transformation seminar successfully established a collaborative platform for Nepal’s financial sector leaders to advance digital transformation initiatives while maintaining robust security standards and regulatory compliance.
Comments