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Tag Archives: FinTech

Patrick Thornton-Smith: Innovation – Cars and Fintech Blog,Commentary,Tech / HFT

The recent ‘Thompson Reuters 100 Global Innovators Study’ made some interesting reading. It made me think about how innovation principles from some seemingly unrelated businesses are interrelated, such as cars and fintech. Of the 100 firms in the Survey, 10 were from the automotive industry and I considered three background themes that supported the innovation claim. The first was around patents. No real surprise there as patents can turn great ideas into commercial successes. Look at the technological advances in hybrid and full electric power cars like Tesla that, initially, dominated the patent space in the sector. The floor to…

Nils-Robert Persson, Cinnober Financial Technology – How to Manage a Challenge Video

“You should be prepared to walk on thin ice. It’s not dangerous if you know what you are doing.” Thirty years ago, Nils-Robert Persson left a job at communications software giant Ericsson to join the financial technology space, where he has been ever since. Back then, when one made a trade, it was a cumbersome process that involved many hands over several hours, and bank settlement took three to five days. Now, that same trade can be placed on a fifth-generation Ericsson smartphone and be matched in 100 microseconds… and bank settlement still takes three to five days. Persson says…

Sandra Ro, CME Group – Financial Services Disruption: the Rise of Bitcoin and Blockchain Tech / HFT,Video

“There is this big debate as to whether bitcoin is a currency or a commodity. I would argue that it is its own category.” Sandra Ro is a veteran in the world of bitcoin and blockchain, which simply means that she has been following the cryptocurrency and its underlying technology for over two years. In this MarketsWiki Education talk, Ro takes us through the nascent world of digital currencies, from the volatility of bitcoin, to the rise of blockchain technology and massive investments being made by venture capitalists, banks and other strategic investors. According to Ro, the next few decades…

Ed Haravon, Spot Trading – Ask Why? Opportunities in Financial Markets Video

“As you’ve all realized in your short time through your internships, for the most part this industry — and when I’m talking about this industry I’m talking about proprietary trading firms, exchanges, some the other service providers that support the business, so the industry at large — we really function more as applied science or applied technology companies, right?” Remember when you could see the action matinee double feature for a buck? Or when a cream soda cost a dime? At some point in time those favorite, stale references were simply the present. Ed Haravon, COO of Spot Trading, says…

Rick Tomsic, Tradovate – Building with Vision Video

“You don’t need 20 years in an industry to have vision.  Some of the best ideas come from a unique vantage point.  Your vantage point… it’s not jaded.  You don’t know how futures technology may be used.  You may look at it from a fresh alternative.” The first step down an unknown path takes guts.  But if you’ve calculated your risks, you have a chance for outsized rewards.  For Rick Tomsic, CEO of Tradovate, that step meant leaving an established position in a managerial program for an eat what you can kill broker gig.  A step further down the road…

John Avery, SunGard – Financial Technology: An Innovative Career Choice Regulation,Video

“The cost to comply with all of that [post-2008] regulation has actually forced firms to reduce what they spend on revenue generating opportunities… That’s created a situation where revenue growth hasn’t been as dramatic or as aggressive as it has been in the past.” From incubators to hackathons, from the buy-side to the sell-side, fintech is consistently finding new places and avenues to develop. For John Avery of SunGard, that represents an opportunity to find technological solutions to industry-wide problems — the sort of redundant occurrences that drain a company’s coffers and employees’ time that could have been spent on…

John Edge, RRVIG – Timing is Everything Financials,Interview,Options,Special Report,Tech / HFT,Video

“If you rang up a bank and said, ‘Look, I really understand blockchain, I understand bitcoin, I’ve been to these talks and I think it’s very interesting for OTC markets, because OTC markets don’t have a register of securities’ — there aren’t enough people doing this. There are more banks that want people and less people doing it.” To John Edge, managing partner at RRVIG, the current technological climate represents a chance for young people to jump into financial markets if they can demonstrate mastery of digital innovations, specifically blockchain, “which no one understands in any sense.” As the industry…

Innovation Ecosystems: Unlocking real value through fintech innovation Blog,Financials,Tech / HFT

Steve Grob – Director of Group Strategy, Fidessa Barely a day goes by without another announcement from a Fintech startup that says it is going to do to capital markets what Uber or Airbnb have done to the transport and accommodation industries. Many of these initiatives are based upon the growing realisation that the central pillar of modern commerce, capitalism, is being morphed into something new based upon the possibilities presented by almost limitless digitisation, the sharing economy and a world of almost zero marginal cost. And yet for capital markets the journey looks much harder; not because they are…

Innovation Incubation: TriOptima’s Mireille Dyrberg Looks at the Latest FinTech Trends Blog,Interview,Tech / HFT,Video

For the past several years, derivatives conferences have been all about regulation. But as Dodd-Frank, MiFID II and other global regulations move through the rulemaking phase to implementation and beyond, the focus has shifted from regulation to innovation. The 2015 FIA Europe International Derivatives Expo was all about fintech, and the top-to-bottom technology overhaul of the world’s financial markets. Mireille Dyrberg, chief operating officer of post-trade services giant TriOptima, spoke with John Lothian News’ Doug Ashburn at IDX 2015 about the innovation cycle, which technologies to keep an eye on, and the role of fintech incubators such as ICAP’s Euclid…