Workshop

Quality and Innovation in the Provision of Financial Services

February 20-21st, 2002

Cyprus International Conference Center, Nicosia, Cyprus.

Workshop

Quality and Innovation
in the Provision of Financial Services


During the past few years the landscape of financial services has experienced major changes, including for example, the growing role of technology and the Internet, he changing behaviour on the part of consumers who demand anytime-anywhere delivery of financial services, the redefinition of traditional distribution channels on delivery, and the need for rapid introduction of new products and services.

This Workshop presents the latest in management thinking on how to overcome the challenges and benefit from the opportunities that result from such changes. More specifically, the workshop will present and discuss state-of-the-art issues on customer satisfaction, new service development, new delivery channels, and web-based financial services.

Participants will also be given the opportunity to strengthen their understanding of the concepts presented, through the participation in a computer simulation game and the discussion of real life cases.


Programme

Day 1 February 20th, 9.00am -- 5.00 pm

Andreas C. Soteriou, University of Cyprus

(am session) Quality and Customer Satisfaction in Financial Services: Measurement, Systems Thinking, and Current Challenges

Paulina Papastathopoulou, Athens University of Economics and Business

(PM session) Financial Innovation and New Products: New Service Development, New Delivery Channels

Day 2 February 21st, 9.00 am -- 5.00 PM

Stavros A. Zenios, University of Cyprus and the Wharton School

(am session) Operations and Innovation in Financial Services

S. A. Zenios, A. C. Soteriou and P. Papastathopoulou

(PM session) Case Studies and Discussion:

RGP Financial Services (computer simulation case)
A case in new product development from Greek banking
Personal and Financial Advisor on the Web for Italy and beyond


Venue

Cyprus International Conference Center


The Speakers

Dr. Stavros A. Zenios is Professor of Finance and Management Science at the University of Cyprus, Director of the HERMES Center of Excellence on Computational Finance & Economics, and Director of RiskLab (Cyprus) at the Cyprus International Institute of Management. He is also a Senior Fellow, The Wharton School, University of Pennsylvania. Dr. Zenios is known internationally for his work in financial engineering, risk management and financial services, highperformance and parallel computations, and operations research. In his career he authored two books, edited twelve books and journal issues, and (co) authored over 130 scholarly articles in some of the premier journals in the field. He holds two US patents on financial engineering methods. His book with Yair Censor Parallel Optimization received the 1999 ICS prize of the Institute of Operations Research and the Management Sciences. His article with A. Soteriou in Management Science on banking Services received the Best Paper Award from the Decision Sciences Institute in 1999.

Dr. Andreas C. Soteriou is an Associate Professor of Operations Management at the University of Cyprus. He received his Ph.D. from the University of Southern California in Los Angeles. His primary research interests focus on the areas of service operations management and the improvement of quality and customer satisfaction in services. His research has appeared in a number of international journals and received different awards, such as a Best Paper Award from the Decision Sciences Institute in 1999 (with S.A. Zenios) and a Best Application Paper Award from the Decision Sciences Institute in San Francisco, 1995 (with R.B. Chase). He is currently an Associate Editor for the Journal of Applied Mathematics and Decision Sciences, a member of the Governance Board of the European Operations Management Association (EurOMA), and a member of the Editorial Review Board of the Journal of Operations Management. He has consulted widely in different service organizations on issues related to customer satisfaction.

Dr. Paulina Papastathopoulou is an Assistant Professor of Marketing at the Athens University of Economics and Business. Her research interests fall in the areas of new service development in the financial services industry. Her work has been published in various academic journals such as the Journal of Marketing Management, Journal of Euromarketing, Journal of Financial Services Marketing, and the International Journal of Services Marketing. Dr. Papastathopoulou has given numerous presentations and has consulted widely in the financial services industry on issues of new service development.

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