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Innovation in Financial Services

A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.

Retired Member

Retired Member 

Flexing to keep-up: Building the client strategy around a consistent and smart CRM ecosystem

Any organisation future is at risk – the average life expectancy of a company collapsed from 75 years in the mid-1950s to 15 years today. More than 200 years ago, Charles Darwin concluded that is not the strongest nor the smartest species that survive but those that best adapt to change. It is even more valid in today’s world: disruptive transform...

Retired Member

Retired Member 

Flexing to keep-up: starting with Self-awareness

Organisations are increasingly aspiring to an ideal future state with a settled brand, a critical size, a robust customer network, strong assets, and a geographically replicable business model. But with increased scale comes increased complexity - and in turn, the risk of inefficient processes. The quest for a more flexible and adaptable organis...

Romal Almazo

Romal Almazo Emerging Technology and Digital Asset, Adviser at Former Crypto and blockchain leas at CAPCO

WHY MANY ICOs ARE A WASTE OF TIME

WHY MANY ICOs ARE A WASTE OF TIME In Part I of this paper I discuss why you need to exercise caution when assessing whether to invest in an initial coin offering (ICO). In Part II, I will provide you with the tools to properly assess an ICO based on a comprehensive selection criteria. INTRODUCTION As the ICO juggernaut rolls on in 2018, almost ...

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Priya Lakshmi

Priya Lakshmi Digital Leader at Own

Smart City Initiatives, Blockchain and Banks

“What is common between a toothbrush and a mobile phone?” was the question asked at one of our offsite to test our team’s creativity. When I was asked recently how I see banks playing a pivotal role in blockchain based smart city initiatives, I for a moment felt like the toothbrush / mobile phone question. The winning answer to that question was c...

Ivy Schmerken

Ivy Schmerken Editorial Director at FlexTrade Systems

Equity Market Innovation Leads to Venue Proliferation

Several startups are planning to launch either new venues or order types, and even listing standards, to solve problems in US equity trading. At last month’s SIFMA Equity Market Structure conference, executives with the following three startups and one established exchange discussed their particular market innovations and how each one fits into th...

/ai

Breana Patel

Breana Patel CEO | Thought leader in Bank Risk & Regulations at Bonova Advisory | Risk &Regulatory Advisory

Top 10 challenges in implementing Robotic Process Automation RPA?

Robotic Process automation, otherwise known as RPA, is a significant, rapid change that’s encroaching upon many industries. Quickly evolving, implementing RPA into your industry could help to digitize labor using machine intelligence, capitalize on engagement, create big data, manage social media, and solve mobile technology issues, as well as c

/ai

Retired Member

Retired Member 

Artificial Intelligence for Financial Services: New pathways to value

Data has gained a new prominence in modern society. The constant flow of news, incidents, investigations, public debate, regulation and law making has raised awareness of how business, government and individual's data can be used and abused. The meteoric rise in social media's global adoption and influence has acted both as a stimulus to new ways o...

/ai

Retired Member

Retired Member 

Key Obstacles Banks Must Overcome to Succeed Through Design Thinking

Challenges of the digital age require new ways of thinking, especially from traditional market players in the financial industry. A Design Thinking approach provides an effective method to deliver customer-centered financial services, and Fintech success proves that. Unfortunately, it's not so easy for traditional banking culture to overcome inner...

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

Craving for the concrete..

I sit on a fair number of boards and project steering groups (start-ups, established, traditional, think-tanks and government bodies) and act as an independent advisor in the digitalization area. What strikes me: - Most of us have heard and read about the radical techno-driven future. How data is the key part of any business and public sector steer...

Priya Lakshmi

Priya Lakshmi Digital Leader at Own

Un-’block’ your business 1.0: Enterprise Blockchain Interoperability: Are we there yet ?

I have had a busy and interesting first quarter of the year with many of my days filled with evaluating a new start-up / technology vendor who has come up with a brand new blockchain or DLT platform and whether backing them makes sense. I have also been spending equal amount of time working with or following some of the larger consortia formed in ...

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