On 29th January, Per Ardua and Illuminate Financial Management co-hosted a breakfast on the subject of ‘Crossing the Chasm’ – how can FinTechs and buy-side businesses work together?
Mark Beeston and Mark Whitcroft, Co-Founders of Illuminate, opened proceedings with a sharp analysis of the state of play of technology in financial institutions. This led to a lively debate by the audience, of COOs, CIOs, CTOs, CDOs from buy- and sell-side and FinTech entrepreneurs.
Whilst the Chatham House Rule must be respected, there were many cathartic (and sometimes amusing) stories and frank exchanges about the travails of driving enterprise sales to success in banks, navigating cultures which are grappling with the rising pace of Technology and what the emergence of Digital 2.0 means for the industry.
Everyone left in no doubt that there were many more chapters of the Financial Services Book of Technology, Change and Digital still to be written.