IDC & AMD Lunch Roundtable

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The Next AI Journey for Banking and FSI
AI in financial services is entering its next stage, and the cost of running it is rising with it.
According to IDC research, 77% of financial services respondents rate budget pressure from AI-enabled apps, subscriptions, AI models and platform software as a major risk. Sovereignty rules, infrastructure choices and where AI runs, from device to data centre, now shape both cost and control.
This executive lunch roundtable in Dubai, hosted by IDC and AMD, offers banking and FSI IT and data leaders a confidential setting for peer exchange, alongside partner perspectives. Attendees will leave with a clearer view of how peers are planning AI infrastructure, managing costs and meeting regulatory expectations.
77% of financial services respondents
(73% worldwide) rate budget pressure from AI-enabled apps, subscriptions, AI models and platform software as a major risk
Where are banks in the UAE putting their AI budgets in 2026?
IDC forecasts banking AI spending in the UAE at $282M in 2026 (constant prices), up from $209M in 2025. AI platforms ($59M), IT services ($48M) and AI-enabled applications ($45M) are the three largest of the categories shown.
Infrastructure categories (server, IaaS, storage and network equipment) make up about 24% of the total; the rest sits in platforms, applications and services. Spending is forecast to reach $897M by 2030, a 33.8% five-year CAGR.
Your host
Michael Yeo
Michael Yeo is the Associate Research Director for IDC Financial Insights and Retail Insights in the Asia/Pacific region. Mr. Yeo’s core research coverage focuses on payments including the uptake of mobile payments in the Asia/Pacific region, digital banking, and the evolution of joint digital ecosystems involving ecommerce, mcommerce, and payments. Mr. Yeo has also significant experience in advising financial institutions on their fintech management strategies, placing particular emphasis on organizational and technology restructuring within banks to better cope with the demands of current-generation digital customers.
Prior to IDC, Mr. Yeo headed all financial services–related research at KPMG Malaysia. Previously, he served as a project manager at an advisory firm in China, where he advised multiple international clients with their China market entry strategies. Mr. Yeo started his career in an advisory role for financial services at Ernst and Young.
Credentials:
- B.A Accounting and Economics from the University of Reading, United Kingdom
- Frequent speaker in the region on mobile payments and digital ecosystems. Contributor to major global and regional media outlets including CNBC, South China Morning Post, Straits Times, and Global Finance
Event Sessions
One Day Event 1:00 pm
Panel Discussion: Scaling AI Without Losing Control: Sovereignty, Cost and Deployment
Scaling AI across a financial institution raises trade-offs that are hard to reverse once made. Our hosts discuss how to keep data sovereign and risk governed, control growing costs, and choose between cloud, on-premises and hybrid deployment, drawing on lessons from their own AI programmes.
One Day Event 12:00 pm
IDC Keynote: The Next AI Journey for Banking and FSI: Control, Cost and Choice
As banks and financial institutions scale AI, the decisions get harder. This IDC keynote examines how FSI leaders can retain control over data and risk, manage rising costs, and keep the freedom to choose between models, platforms and partners.
Zaid Ghattas
Zaid Ghattas, the Senior Regional Manager at AMD, plays a pivotal role in propelling AMD’s revenues across the Middle East, Turkey, and Africa. He steers the ICT strategy for top-notch customers in the region and champions AMD’s business initiatives. With a distinguished career, Zaid has been privileged to work with leading global IT portfolio vendors, including Intel Corporation, Vmware, Hewlett Packard (HP), Advanced Micro Devices (AMD), EPSON, and OKI Printing Solutions. He has successfully executed numerous technology infrastructure projects across 15 different markets, from opportunity creation to seamless execution. Zaid’s professional journey includes a job rotation at Intel Headquarters in Silicon Valley, where he served as a Global Sales Manager within the global Oracle account teams. A highly qualified and passionate entrepreneur, Zaid brings a wealth of experience in diverse business aspects, including crafting successful sales strategies, leadership and people management, as well as go-to-market strategy and account planning. Before embarking on his career, Zaid spent 7 years in Sydney, Australia, where he worked and pursued higher education in Information Technology and Network Engineering.
Event Sessions
One Day Event 1:00 pm
Panel Discussion: Scaling AI Without Losing Control: Sovereignty, Cost and Deployment
Scaling AI across a financial institution raises trade-offs that are hard to reverse once made. Our hosts discuss how to keep data sovereign and risk governed, control growing costs, and choose between cloud, on-premises and hybrid deployment, drawing on lessons from their own AI programmes.
One Day Event 12:45 pm
AI from Client to Cloud: Infrastructure and Ecosystem Choices for Financial Services
Financial institutions are deciding where to run AI, from employee devices and branch endpoints to the data centre and the cloud. This session looks at the infrastructure and ecosystem choices that shape performance, cost and control, and how to build an AI foundation that stays flexible as needs change.
One Day Event 12:25 pm
AMD Welcome Address
AMD opens the roundtable by welcoming guests and setting out why this conversation matters now for banking and FSI.
Agenda
IDC & AMD Lunch Roundtable
Thu, Nov 19
Registration & Networking
Start the Day with Connections That Matter
IDC Keynote: The Next AI Journey for Banking and FSI: Control, Cost and Choice
As banks and financial institutions scale AI, the decisions get harder. This IDC keynote examines how FSI leaders can retain control over data and risk, manage rising costs, and keep the freedom to choose between models, platforms and partners.
Michael Yeo
Associate Research Director, Financial Insights, Asia/Pacific IDC
AMD Welcome Address
AMD opens the roundtable by welcoming guests and setting out why this conversation matters now for banking and FSI.
Zaid Ghattas
General Manager – METAP, AMD
AI from Client to Cloud: Infrastructure and Ecosystem Choices for Financial Services
Financial institutions are deciding where to run AI, from employee devices and branch endpoints to the data centre and the cloud. This session looks at the infrastructure and ecosystem choices that shape performance, cost and control, and how to build an AI foundation that stays flexible as needs change.
Zaid Ghattas
General Manager – METAP, AMD
Panel Discussion: Scaling AI Without Losing Control: Sovereignty, Cost and Deployment
Scaling AI across a financial institution raises trade-offs that are hard to reverse once made. Our hosts discuss how to keep data sovereign and risk governed, control growing costs, and choose between cloud, on-premises and hybrid deployment, drawing on lessons from their own AI programmes.
Michael Yeo
Associate Research Director, Financial Insights, Asia/Pacific IDC
Zaid Ghattas
General Manager – METAP, AMD
Summary & Close: Key Takeaways and Next Steps
Lunch & Networking
Enjoy a hosted lunch with fellow banking and FSI leaders
Partners
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AMD
AMD (NASDAQ: AMD) drives innovation in high-performance and AI computing to solve the world’s most important challenges. Today, AMD technology powers billions of experiences across cloud and AI infrastructure, embedded systems, AI PCs and gaming. With a broad portfolio of AI-optimized CPUs, GPUs, networking and software, AMD delivers full-stack AI solutions that provide the performance and scalability needed for a new era of intelligent computing. Learn more at www.amd.com.
Venue