digital transformation world - digital platforms increasing innovation return in … ·...
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© 2017 TM Forum | 1
Nicolas SteinerDigital Ecosystem Director
FINTECH Circle
Digital Platforms Increasing
Innovation Return in the
FinTech Industry
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Making the most of the journey
▪ Intrapreneur & entrepreneur
▪ Founding member of Level39 & FINTECH Circle
▪ Managing Partner at TWIXIS Ventures
Active in the Digital Innovation Ecosystem :
▪ FinTech, WealthTech, InsureTech & HealthTech
▪ Blockchain & Decentralized Ledger Technology
▪ Cloud, Data analytic and Artificial Intelligence
▪ Smart City & IoT services.
Intrapreneur
Entrepreneur
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Key themes across FinTech Clusters
B2
C
B2
B
Blockchain
OmniChannel
AI &Big Data
APIs
Cloud
Technology Distribution
FinancialBusiness Value chains
ID &Security
Payment
Insurance
Deposit & Lending
Investment management
Capital raising
Market Provisioning
Regulation Financial Services
OTT’s
Telco’s
Retailer
Utilities
IT Services Providers
B2B2C
Platform Providers
Financial Services
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Navigating the whole world
The Challenges
360
%
Innovation is global & fragmented
$
ýþ
B2B value chains are vast & complexes
Internal know-how requiring corporateto be one step ahead
A PaaS assumes the role of connector and enabler - that is much more than the technology
hyper connected partners who understand how to access the best – globally
Essential industry knowledge matching that with start-up feasibility
Program design and execution has to be modelled on true ‘agile’ method
Success = FinTech ISV Models.
The Needs
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Outsourced Innovation Models
Physically locates a business with others in a
central workspace, with some or no specific time
limit, providing mentorship but also practical
services to assist day-to-day operations.
An intensive business program with a specific time period,
which aims to grow a start-up rapidly through mentoring,
education, networking and the opportunity to raise capital,
often in exchange for equity or another benefit. ACCELERATOR
INCUBATOR
LABSA testing environment providing a mix of Digital and Physical
features. A lab facilitates the access to the drivers forming a
connected innovation ecosystem and it is used to test new
collaborative patterns brought by the digital distribution.
Inn
ovatio
n R
eturn
+
-
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Collaboration Models
Strategic Initiative
Project
Project
Agile and highly FlexibleHierarchy layers dependency
Internal Infrastructure Legacy Management
Isolated from the globalFinTech ecosystem
Enhanced know-how- outsourced R&D -
Looking to solve pain point with Innovation
FINTECH EcosystemsFinancial Institution
Emerging Fintech
technologies & innovations
Established institutions & markets
Virtual environment
B2B technology innovation platform
Tailored Ecosystem
Investor community
Industry Expertise
Academias
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Benefits measured
Indirect Benefits
Direct Benefits
Agile partner to serve needs of core business
Brand value enhanced by being seen innovative by
customers
Harness your existing customer data to build future
assets
Minimum twice faster POC design implementation at equal resources involved
Access real time outsourced Innovation leading to decrease of internal development cost
Getting real time market insights increasing Innovation team knowledge & efficiency
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Use Case: Consekense
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Managing Identities and User Data
Customer LifeCycle
Employee LifeCycle
Government ID LifeCycle
Use Case: Consekense
Connected Object LifeCycle
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Use Case: Consekense
The Global Data Privacy Framework
EMBED
ESTABLISH
EVALUATEENHENCE
A culture of Privacy that enable compliance
Robust and effective privacy process
Privacy processes to ensure continued effectiveness
Response to privacy issues
STEP 1 STEP 2 STEP 3 STEP 4
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UE better control of personal Data targeting
✓ The data portability ✓ The right to be forgotten
For Who:
Any companies in the world dealing with European Citizen
personal Data
Obligation:
Companies must notify Data breach to user within 72 hours any
Penalties:
Up to 4% of a company turnover
Timing:
Officially applicableon the 25th May 2018
GDPR in Brief
Use Case: Consekense
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Use Case: BABB
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Use Case: BABB
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Use Case: BABB
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Use Case: BABB