OUR MIFID 2 ICE BUCKET CHALLENGE
2 months, 4 guys, the worst period to start a new project (i.e Summer), how to implement a pilot for a financial market regulatory platform with innovative Big Data technology…
Do you want to know if we took the challenge, if we succeeded and how?
Read our report! Continue reading “REPORT: Building a regtech platform in 2 months”
Note: This is the 2nd article of the two parts report written by Nada Rafi on the Fin&Tech Community day organized by Finance Innovation the 8th of December 2017 in Palais Brongniart (Paris). Part 1 introduces the Fin&Tech community and zooms on the labeled startups. Part 2 (this article) come back on noteworthy information that came to her ear during the event.
#FTCommunity Day Noteworthy Information
What I’ve heard, see, learned, liked, disliked and want to share with you: Swave, a new Fintech incubator in Paris, the French Fintech Tour, the Green Blockchain Project and to conclude my event wrap-up.
Continue reading “Fin&Tech Community report – December 8th 2017 – Part 2”
Europe is currently in the grip of a Fintech revolution with 2018 set to be a pivotal year for startup companies looking to transform the financial world.
I hence went to gauge the French Fintech sector’s temperature at the FIN&TECH COMMUNITY held on December the 8th at Palais Brongniart in Paris.
As I walk through La Bourse doors, it is like I am travelling back in time, back to the traditional open outcry trading. What ironic to host a Fintech event in such a place.
In the meantime, I can feel that we are the new stockbrokers, the future of the financial industry.
As I try to sit in a crowded conference room where about 1000 participants are hustling not to miss a piece of info, we have no doubt about being the new impact makers!
Note: This is the 1st article of the two parts report written by Nada Rafi on the Fin&Tech Community day organized by Finance Innovation the 8th of December 2017 in Palais Brongniart (Paris). Part 1 (this article) introduces the Fin&Tech community and zooms on the labeled startups. Part 2 come back on noteworthy information that came to her ear during the event.
Continue reading “Fin&Tech Community report – December 8th 2017 – Part 1”
For a new marketplace
Bank lending is the most common source of external finance for several actors that are reliant on traditional debt to fulfill their cash flow and investment needs.
While it is commonly used by mid and large cap companies, SMEs, in particular newer, innovative and fast growing companies, with their higher risk-return profile, pose some challenges to traditional bank finance.
In an effort to circumvent the challenges of conventional financing, alternative financing schemes have arised to mobilize private investments.
Hence, crowdfunding has become an alternative source of funding across many sectors, and it is increasingly used to support a wide range of for-profit activities and businesses.
If peer-to-peer lending is attractive for small businesses that lack collateral or a credit history to access traditional bank lending, crowdfunding platforms are evolving into more sophisticated intermediaries.
Continue reading “Alternative Finance: A New Reg-Generation For A New Disruptive Phenomenon”
Weefin is launching a new platform to build a Decentralized Application (dApp), that will offer a financial service store at a peer level.
This Decentralized Finance Platform will be intended for companies seeking for funding, or individuals willing to support a dedicated project and in need of reliable information, for financial institutions interested in new investments and hence looking for data analytics and finally for market authorities that need to quickly adapt to new markets and new technologies.
Continue reading “A New Regtech Platform Promoting Decentralized Finance And Fostering Responsibility”
Banks are facing tough times. In an ever-changing digital world, they need to reinvent themselves to respond to customer expectations and rebuild trust in markets. As they are struggling with new regulations, the situation forces them to rethink their strategy.
Note: Initially published on Fintech Circle in July 2017. Contribution made as abstract for upcoming RegTech Book for which we will be contributor.
Continue reading “Discover the Innovative Technology Behind RegTech Leaders”
Let’s start with good news: Finance is getting on the move. Most actors, aware of the upcoming challenges, have started their transformation to face the ongoing digitalization of the sector or to endure the regulatory pressure. They have launched major programs to embrace agility, data citizenship and customer centricity while setting up new data architecture that will break organizational silos and support continuous improvement.
Now comes the bad news, those are just baby steps. Opening your business through APIs or developing the next platform-based market won’t make you a digital champion.
Continue reading “Rockchain and Future Direction of Finance”
Transformation Digitale, Labs, Sandbox, l’innovation est devenue à la mode dans de nombreux secteurs, et la finance n’échappe pas au phénomène.
L’envie est forte de renouer avec la croissance en s’inspirant des géants du web, les fameux « GAFA » : Google, Amazon, Facebook, Apple. Leurs technologies (application mobile, Big Data Analytics, Machine Learning) et leurs business model (monétisation de la donnée, plateforme, « As-a-Service ») commencent à être connus et maîtrisés.
Longtemps protégée par une réglementation contraignante, la banque attire de nouveaux entrants convaincus de leur capacité à bouleverser le secteur grâce à la technologie. Nouvelles rivalités ? Peut-être, mais le plus souvent les Fintechs se positionnent comme des partenaires créatifs, complétant des titulaires parfois en manque de connaissance d’un domaine en pleine mutation.
Alors pourquoi tant de projets d’innovations bancaires ont du mal à décoller ?
Continue reading “[FR] Innovation en Finance : bonnes résolutions pour bien débuter 2017”
Note: This article is a transcript of a presentation than has been made during London STAC Summit in May 2015. It gives the vision we had at that time of the potential impact of Big Data in Capital Market. Our focus on R&D is to identify the innovative technology that competitive advantage for Financial actors.
Today’s FO Operational Challenge
For years, banks have heavily invested in technology in order to follow the acceleration of Capital Market: exponential development of products, increase of volume, latency, diversity of sources.
In order to stay competitive, banks must now introduce new services based on a global view of the markets by federating all structured and unstructured dataset.
Continue reading “On-demand real-time trading analytics with Hadoop and HBase”