Annual Members’ Conference: What is the Future for Financial Services?

MAP

The UK is at the centre of tech innovation with financial services corporates and 'Fintech' increasingly converging.  What tech advancements are reshaping financial services?  Is this a two-way conversation?  What opportunities are there for brands and start-ups to learn from each other and work together?

If the challenger/disruptors model does deliver a cheaper product that is safe and secure with great customer experience, then the tectonic plates are truly shifting.

In this, our Autumn conference, we hear from the new disruptors who are delivering innovation, discuss the likely direction and pace of change, and help to enhance the dialogue between established brands, FinTech, start-ups, Government, media and investors.

 

Speakers Include:

Stephen Ingledew, former Managing Director, Marketing, Standard Life (Chair)

Oliver McGuinness, Managing Director, Insurance, Opun & InsurTech Mentor @StartupBootcamp

Tom Blomfield, CEO, Monzo Bank

Renee Friedman, Financial Services Editor, Economist

Michael Mainelli, Executive Chairman, Z/Yen Group

Rohit Talwar, CEO, Fast Futures

Pete Connell, Managing Director, Wealth Wizards

Dr Greg Davies, Founder, Centapse

 

Agenda:

09:30 Welcome & Chairman's Opening Remarks

David Cowan, Managing Director, The Financial Services Forum and Stephen Ingledew, former Managing Director, Marketing, Standard Life (Chair)

09:40 Rohit Talwar, CEO, Fast Future

10:20 Renee Friedman, Financial Services Editor, Economist

Tom Blomfield, CEO, Monzo Bank

11:15 Coffee

11:30 Michael Mainelli, Executive Chairman, Z/Yen Group

12:10 Oliver McGuiness, Managing Director, Insurance, Opun & InsurTech Mentor @StartupBootcamp 

Pete Connell, Managing Director, Wealth Wizards

12:50  Dr Greg Davies, Founder, Centapse

13:30 Lunch

14:00 Event Close

 

Presentation Synopsis:

 

Rohit Talwar, CEO, Fast Futures

Driving Exponential Growth and Improvement in Financial Services

Whilst there's a lot of breathless excitement about the current wave of Fintech ventures, they are unlikely to drive truly exponential growth.  However, the underlying disruptive technologies such as Al, Blockchain and social media do offer the potential to facilitate genuinely exponential thinking on improvements in efficiency, customer acquisition rates, new products and revenue growth.

Renee Friedman, Financial Services Editor, Economist

The Future of Retail Banking: An Annual Study by the Economist Intelligence Unit

This is a review of the results of our annual study on the future of retail banking.  We look at what the emerging concerns for the retail banking sector are and how banks think the sector itself will develop.

Tom Blomfield, CEO, Monzo Bank

The Banking App Store

Historically, retail banks have relied on customer inertia and lock-in to cross-sell more products.  Will a more open, connected banking ecosystem lead to the rise of a "banking app store" and the death of traditional banks?

Michael Mainelle, Executive Chairman, Z/Yen Group

Musing on Models - Fintech as Business Evolution or Revolution

Fintech is hardly new.  Arguably, financial services has been colliding with technology since the earliest computers.  In retail financial services, technology encompasses charge cards and ATMs.  In wholesale financial services, the big bangs of three decades ago still reverberate through financial technology.  But proponents of contemporary fintech believe "this time it's different."  The confluence of new technologies such as mutual distributed ledgers (aka blockchains), GPS, biosensing, or new materials, leads to claims of an exponential inflection point in technological impact on the financial services sector.  This presentation will explore the scale of potential change and examine whether claims that "this time it's different" will revolutionise business models.

 

Oliver McGuinness, Managing Director, Insurance, Opun & InsurTech &StartupBootcamp

Innovation in Insurance - Simplicity & Relevance

Insurance is facing an industry crisis.  As technology and IoT proliferates and the sector enters a post digital age, customer expectation demands a different response from the insurance industry and the service & products it provides.  How does the industry need to innovate to remain relevant to the market?

 

Pete Connell, Managing Director, Wealth Wizards

Innovation in Financial Services

Pete will give a bit of background on Wealth Wizards and talk around how digital/robo-advice has changed, the risks that drive change and the future i.e. what are the opportunities for businesses.

 

Dr Greg Davies, Founder, Centapse

Designing Centaurs - Decision prosthetics to improve financial services

  • The important problem - and why neither corporates nor fintech are solving it
  • The sweet spot - bringing together data, technology and behavioural science
  • Going beyond Nudge - using the whole toolbox of behavioural design
  • Using technology to enhance client engagement and wellbeing

 

 

 

 

 

 

 

 

 

 

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