The Ultimate Business Disruptor: Quantum Computing
Classical computing was invented in the 1940s; the advent of Quantum Computing (QC) will render all what we have learned about these computers obsolete. Calculations that would take longer than a human’s life span to work out on a classic computer can be completed in a matter of days or hours with QC. Furthermore, QC will enable solving a set of problems that couldn’t be solved before. QC’s benefits include efficiently simulating new drug molecules and dramatically reducing the time complex financial calculations take, among many others. For optimization, sampling or search problems, this promises dramatic speedups. Mr. Perez will entertain your audience while revealing why Quantum Computing will disrupt every industry.
The Artificial Intelligence Breakthroughs that are Changing the World
Artificial intelligence has been referred as the general ability of a digital computer or computer-controlled robot to perform tasks commonly associated with intelligent beings. Since the development of the digital computer in the 1940s, it has been demonstrated that computers can be programmed to carry out very complex tasks with great proficiency. Through a comprehensive review of the latest artificial intelligence breakthroughs, Mr. Perez will offer his insights on how these advancements will impact businesses and the human race in general for years to come, and more specifically, how companies can leverage the plethora of available resources to start implementing solutions to problems that only a few years ago belonged to the real of science fiction. Mr. Perez will reveal why artificial intelligence is the present and the future.
Achieving Deep Impact with “State-of-the-art” Deep Learning
Deep learning has enabled many practical applications of artificial intelligence in today’s organizations. Deep learning breaks down tasks in ways that makes all kinds of machine aids seem possible, even likely. Driverless cars, better image recognition, more effective medical diagnoses, even better movie recommendations, are all here today. Mr. Perez will identify what organizations need to do today to embrace the future, starting with the basics: empowering their employees and turbocharging the organization’s data strategy. Once these two important tasks are accomplished, organizations can then launch pilots for the most promising opportunities, leveraging “state of the art” cases from today’s global innovators such as Google, Facebook, Apple and Tesla. Mr. Perez will show organizations how to kick start their deep learning transformation.
Managing the Upcoming Tsunami of Unstructured Data with Artificial Intelligence
The Internet of Things (IoT) explosion will see 20.8 billion connected devices deployed by 2020. The volumes of data generated will become a tsunami that firms will need to transform into actionable information. Unfortunately, most firms only look at the easy information they can get from structured data while ignoring their unstructured data, which accounts for 90 percent of content generated globally, making unstructured data a tremendous source of untapped value. Artificial Intelligence is making it possible and affordable to sift through and find meaning in vast amounts of unstructured data obtained from video, audio, emails, logs, social media posts and IoT devices. All of this data can bring about enormous benefits; Mr. Perez will show organizations how to reap these benefits today.
The Biggest Risks for Financial Markets
Constant regulatory changes and technological evolution have transformed the financial landscape so profoundly since the advent of the first electronic networks in the early 1970s. Regulators around the world are now in a race to respond to the evolution of technology in financial markets and prevent its operational challenges from becoming the biggest risk for financial markets. However, when considering technology and the cyber landscape, errors are bound to happen. Financial services firms are expected to have deployed the most sophisticated defense systems against cyberattacks. Trading firms are expected to have controls in place and invest in the technology to keep up to date. Most companies would realize the need of these investments and honestly attempt to implement them, but their IT departments would soon hit a wall, because of direct involvement from senior management and boards of directors. Compliance actions against those who missed their importance will go a long way toward restoring investor confidence and limiting the impact of the biggest risk for financial markets.
Finance in the New Global Economy
Until quite recently, globalization was seen as a one-way street. Multinationals, which led the charge four decades or so ago into growing global markets, were its ambassadors, and American and European workers, whose wages and upward mobility were flattened, were feeling left out. The core idea was that globalization, technological innovation and unfettered free trade would erase historical and geographic boundaries, making the world ever more economically interconnected and alike. Developed economies would come under more and more competitive pressure from eager upstart nations. Now we are entering a new age of volatility. Financiers will become less important, manufacturers more so. Blue collar jobs will go high tech. Robots will replace Chinese workers. Mr. Perez will discuss why finance stands now in front of its biggest transformation triggered not by any of the financial conglomerates that dominate the world today but by obscure startups that could be working already in garages in Silicon Valley, Shanghai, Kiev or Delhi.
Social Engineering: The “Weakest Human Link” in Cybersecurity
Social engineering involves tricking your employees into breaching security protocols or giving away information, most often over the telephone or via email. Social engineering exploits human weaknesses rather than technology, preying upon people’s propensity towards trust in particular. Often, these exploits are used to gather information to support a more targeted cyberattack, with the initial forays based on the premise of ‘little and often’ so as not to cause concern. Employees at all levels, including senior executives, are vulnerable. Mr. Perez will explain why by improving employee awareness and introducing simple technical measures, organizations can protect themselves against social engineering techniques and the risk of a cyberattack and its potential impact on business, customers and data.
The Importance of the Cybersecurity Framework for Directors and CEOs
An email embedded with malware. Security systems hacked by thieves. Credit card numbers stolen from store purchases. There’s certainly no shortage of examples when it comes to data security breaches and the havoc they wreak on business. No wonder then that nearly a third of CEOs in KPMG’s latest global survey identified cyber security as the issue having the biggest impact on their companies today. Every organization should apply a Cybersecurity Framework for analyzing cyber security, and ideally it should be integrated into an organization’s existing enterprise risk framework. The key is making it part of the mainstream of risk management within an organization. The most innovative companies today have recognized that cyber security is a customer experience and revenue opportunity, not just a risk that needs to be managed. Mr. Perez will explain why this must done across the entire organization and why the CEO and Board of Directors have the most important role to play.
Establishing or Improving a Cybersecurity Program
The NIST Cybersecurity Framework, which was drafted by the Commerce Department’s National Institute of Standards and Technology (NIST), comprises leading practices from various standards bodies that have proved to be successful when implemented, and it also may deliver regulatory and legal advantages that extend well beyond improved cybersecurity for organizations that adopt it early. Its adoption may prove advantageous for businesses across virtually all industries. Mr. Perez will explain why a proper Cybersecurity Program will build on the analysis of the possible areas of concern, an understanding of the company’s most critical assets, and a thorough review of Information Technology’s policies and procedures when faced with cybercrime.
The Present and Future of High-Frequency Trading
On May 6, 2010, the Dow Jones Industrial Average plummeted nearly 1,000 points, then its biggest intraday point drop ever. The “Flash Crash” revealed the influence of high-frequency trading to mainstream audiences around the world. In fact, over the past 15 years, the global financial market has fragmented: where there were once three main U.S. exchanges, there are now more than 40 exchanges and alternative trading systems. High-frequency trading companies have largely replaced traditional broker-dealers, using algorithms instead of human traders to make decisions in milliseconds, mostly in response to orders made by other algorithms. Mr. Perez will discuss the benefits brought by technology, making trading faster and more efficient, as well as the potential costs brought upon institutional and retail investors.
Edgar Perez is a great business speaker, a confident communicator and a world class motivator. Global executives have come to appreciate his wide-ranging insights on how they can better position their organizations for success through strong leadership and a comprehensive approach that links business strategy and disruptive technologies including artificial intelligence and deep learning, quantum computing and cyber security. A published author, keynote speaker and business consultant for private equity and hedge funds, he is Council Member at the Gerson Lehrman Group, Guidepoint Global Advisors and Internal Consulting Group.
Mr. Perez is author of The AI Breakthrough:How Artificial Intelligence is Advancing Deep Learning and Revolutionizing Your World (2018), Knightmare on Wall Street:The Rise and Fall of Knight Capital and the Biggest Risk for Financial Markets (2013), and The Speed Traders: An Insider’s Look at the New High-Frequency Trading Phenomenon That is Transforming the Investing World, published in English by McGraw-Hill Inc. (2011), 交易快手, published in Mandarin by China Financial Publishing House (2012), and Investasi Super Kilat, published in Bahasa Indonesia by Kompas Gramedia (2012).
Mr. Perez has addressed thousands of top executives around the world through keynote speeches and corporate training programs on quantum computing, artificial intelligence, deep learning, cybersecurity and financial trading. He has presented in Beijing, Boston, Chicago, Hong Kong, Kiev, Kuala Lumpur, Lima, London, Miami, Naples, New York, Santiago, Sao Paulo, Seoul, Shanghai, Singapore, Stockholm, Taipei and Warsaw, among other global capitals. He contributes to The New York Times and China’s Sina Finance.
Mr. Perez has been interviewed on CNN‘s Quest Means Business, CNBC‘s Squawk on the Street, Worldwide Exchange, Cash Flow, Street Signs and Squawk Box, FOX BUSINESS‘s Countdown to the Closing Bell and After the Bell, Bloomberg TV‘s Market Makers, CNN en Español‘s Dinero, Petersburg – Channel 5, Sina Finance, BNN‘s Business Day, CCTV China, Bankier.pl, TheStreet.com, Leaderonomics, GPW Media, Channel NewsAsia‘s Business Tonight and Cents & Sensibilities. In addition, Mr. Perez has been featured on Sohu, News.Sina.com, Caijing, ETF88.com, 360doc, AH Radio, CBNweek.com, Caixin, Futures Daily, Xinhua, CBN Newswire, Chinese Financial News, International Finance News, Finance.QQ.com, Finance.Sina.com, The Korea Times, The Korea Herald, The Star, The Malaysian Insider, BMF 89.9, iMoney Hong Kong, Bloomberg Hedge Fund Brief, The Wall Street Journal, The New York Times, Dallas Morning News, Valor Econômico, FIXGlobal Trading, TODAY Online, Oriental Daily News and Business Times.
Mr. Perez has presented to the Council on Foreign Relations, Vadym Hetman Kyiv National Economic University (Kiev), Quant Investment & HFT Summit APAC (Shanghai), U.S. Securities and Exchange Commission (Washington DC), CFA Singapore, Hong Kong Securities Institute, Courant Institute of Mathematical Sciences at New York University, University of International Business and Economics (Beijing) and Hult International Business School (Shanghai), among other public and private institutions. In addition, Mr. Perez has spoken at a number of global conferences, including Cyber Security World Conference (New York), Inside Market Data (Chicago), Emerging Markets Investments Summit (Warsaw), CME Group‘s Global Financial Leadership Conference (Naples Beach, FL), Harvard Business School‘s Venture Capital & Private Equity Conference (Boston), High-Frequency Trading Leaders Forum (New York, Chicago), MIT Sloan Investment Management Conference (Cambridge), Institutional Investor‘s Global Growth Markets Forum (London), TradeTech Asia (Singapore) and FIXGlobal Face2Face (Seoul).
Mr. Perez was a vice president at Citigroup, a senior consultant at IBM, and a strategy consultant at McKinsey & Co. in New York City. Previously, he managed Operations and Technology for Peruval Finance. Mr. Perez has an undergraduate degree in Systems Engineering from Universidad Nacional de Ingeniería, Lima, Peru (1994), a Master of Administration from Universidad ESAN, Lima, Peru (1997) and a Master of Business Administration from Columbia Business School, New York, with a dual major in Finance and Management (2002). He belongs to the Beta Gamma Sigma honor society. Mr. Perez is an accomplished salsa and hustle dancer and resides in the New York City area with wife Olga, son Edgar Felipe and daughter Svetlana Sofia.