The Innovators’ Exchange by Oliver Wyman

In this episode of the Innovators Exchange, Hiten Patel interviews Almar Latour, CEO of Dow Jones and publisher of the Wall Street Journal. Latour discusses the evolution of Dow Jones from a traditional media company to an information services powerhouse, emphasizing the importance of reliable information in decision-making. He reflects on his diverse experiences as a journalist, his journey through digital transformation, and the current challenges posed by AI and generative technologies. Latour also shares personal insights on leadership, particularly in the context of advocating for justice.

In this episode, Hiten Patel and Archie Stebbings welcome Donal Smith, co-founder and chairman of Credit Benchmark, to discuss the role of aggregated credit data in the financial services industry. The conversation covers the evolution of credit ratings, the challenges faced by smaller companies in obtaining credit ratings, and the innovative approach Credit Benchmark takes to provide valuable insights from anonymized data collected from banks.Donal reflects on his career journey, the impact of data on capital markets, and the importance of persistence in entrepreneurship. He also shares thoughts on the future of data utilization in finance, particularly with the integration of artificial intelligence (AI).

In this episode of the Innovators Exchange, recorded live at the FIA Boca Raton conference, industry leaders Michael Syn, President, Singapore Exchange; Daniela Peterhoff, Chief Strategy and Transformation Officer, Nasdaq; and Anthony Attia, Global Head of Derivatives and Post-Trade, Euronext engage in a candid discussion about the evolving landscape of financial market infrastructures (FMIs) amid geopolitical uncertainties.They highlight a significant shift from a globalized to a more localized focus, with market participants increasingly concerned with regional issues rather than international dynamics. The conversation explores existential challenges facing FMIs, balancing shareholder returns with public policy responsibilities, and the need for a clear mission as they look toward the 2030s.

In this episode of the Innovators' Exchange, David Benigson, the founder and CEO of Signal AI, meets with Hiten Patel and Archie Stebbings. David shares insights about his entrepreneurial journey, the inception of Signal AI, and the evolving landscape of risk management and compliance in the context of artificial intelligence (AI). He discusses the importance of external intelligence for large enterprises and how Signal AI leverages machine learning to provide actionable insights from diverse data sources. The conversation also explores the broader implications of AI technology, the challenges organizations face in adopting these solutions, and the future of augmented intelligence in business decision-making.

In this episode, Hiten Patel and Marcus Hoddinott interview Francois Cazor, the chairman of Kpler, a company that provides transparency in the commodities data space. Francois shares his journey from a corporate trading background to entrepreneurship, detailing the journey taken by Kpler in its early years, including a pivot from carbon credits to the more lucrative LNG (liquified natural gas) market.The conversation highlights Kpler's focus on product-market fit, the importance of customer feedback, and the company's cultural values of humility and ambition. Francois also reflects on the commodities market's evolution, data's role in democratizing access, and his personal transition from CEO to executive chairman.

Hiten Patel interviews Tara Anand Carter, partner at Hg, a private equity firm specializing in European and transatlantic B2B software and services. Tara discusses the evolving investor interest in data, emphasizing the importance of strong intellectual property and recurring revenue. She addresses the balance between recurring and one-off revenue streams and highlights the similarities between advising and investing. The conversation also explores the future of data markets, particularly in energy and commodities, driven by volatility and regulatory changes.

Hiten Patel and Magnus Burkl meet Christian Kromann, CEO of SimCorp, to discuss recent changes in the financial technology landscape and its future outlook.

In this episode, Hiten Patel interviews Christian Nentwich, founder and board member of Duco. They discuss the evolution of technology, particularly in the financial services sector, the challenges of data reconciliation, and the "low code, no code" movement.

Hiten Patel welcomes Madhumita Murgia, the artificial intelligence (AI) editor at the Financial Times (FT) and author of “Code Dependent.”Madhumita discusses her book, in which she explores the human impact of AI, conducting interviews with individuals across 10 countries to understand how AI is changing lives today. Madhumita also shares her thoughts on the state of AI, and discusses the economic implications of AI, as well as the impact of AI on the media industry.

In this episode of the Innovators Exchange, Hiten is joined by his colleague Cosimo Schiavone and Mike Engle, the co-founder of 1Kosmos. 1Kosmos provides individuals with secure digital identities for a purpose of protecting and fighting identity fraud. He discusses the challenges of the current identity system, such as poor user experience and credential control challenges and explains how 1Kosmos aims to provide a single, secure identity for individuals.

Hiten Patel meets Sherry Coutu, an entrepreneur and angel investor, to discuss her experiences in both the for-profit and not-for-profit sectors, her journey as an entrepreneur, her involvement in boards of publicly listed companies, her philanthropic work, and her views on the importance of relationships and problem-solving in business.

In this episode of Innovators' Exchange, Hiten Patel and Peter Clarke interview Jeff Glass, the CEO and co-founder of Hometap. Hometap is a Boston-based fintech company that helps make homeownership more accessible and less stressful by providing homeowners with an alternative to debt.

In this episode, Hiten Patel and Cosimo Schiavone interview Jouk Pleiter, the CEO and founder of Backbase. Backbase is a global banking technology company that provides engagement banking for financial institutions. Jouk shares insights about his role at Backbase and the company's journey from a small startup to a global enterprise with more than 2,000 employees. He also delves into the challenges faced by banks in their digital transformations, emphasizing the importance of organizational structure and leadership in driving these transformations successfully. The conversation covers the future of banking technology, including the role of artificial intelligence (AI) and what that could look like for different organizations.

In this episode of Innovators' Exchange, our host Hiten Patel meets Junta Nakai, the global head of financial services at Databricks, a data and artificial intelligence (AI) company that offers a cloud-based data intelligence software for more than 10,000 customers. During the discussion, Junta explains that Databricks helps companies get the most out of their data by providing a platform for data visualization, data movement, data curation, along with advanced AI capabilities.

In this episode of the Innovators' Exchange, Hiten Patel and Sean Farrar interview Rob Mackay, the CEO of Regnology. Regnology is a financial technology business specializing in regulatory and tax reporting for supervisory authorities, banks, corporates and insurance companies. In the conversation they discuss Rob's journey in the industry, the current state of technology in regulatory reporting, and the future trends in the industry.

In this episode of Innovator's Exchange, Hiten interviews Charlie Kerr, the CEO of With Intelligence, a data analytics business. Charlie shares the journey of With Intelligence, from a small B2B publisher to a company helping limited partners (LPs) allocate capital and general partners (GPs) raise assets effectively. During the conversation, Charlie discusses the power of data in the financial industry, particularly in private markets and emphasizes the importance of continuous learning and curiosity in entrepreneurship.

In this episode, Hiten Patel and his co-host Cosimo Schiavone are joined by Silvio Tavares, the CEO of VantageScore, a national credit scoring company. Silvio shares his personal journey and the challenges his family faced as immigrants in the United States. He also discusses the role of VantageScore in the credit scoring industry and the importance of financial inclusion. Silvio highlights the need for innovation and the incorporation of alternative data in credit decisions. He also shares his insights on the future of data usage and the importance of creating value for multiple stakeholders.

In this episode, Hiten Patel and his co-host Cosimo Schiavone are joined by Silvio Tavares, the CEO of VantageScore, a national credit scoring company. Silvio shares his personal journey and the challenges his family faced as immigrants in the United States. He also discusses the role of VantageScore in the credit scoring industry and the importance of financial inclusion. Silvio highlights the need for innovation and the incorporation of alternative data in credit decisions. He also shares his insights on the future of data usage and the importance of creating value for multiple stakeholders.

In this special episode of the Innovators' Exchange podcast, recorded during the Futures Industry Association Conference in Boca Raton, Florida, Hiten interviews three guests: Lee Hodgkinson, Chief Strategy Officer at Tadawul Saudi; Isabelle Girolami, CEO of LCH Limited; and Mark Beeston, Managing Partner of Illuminate Financial Management. The guests discuss various topics related to innovation in the financial industry.Lee Hodgkinson shares insights on innovation in capital markets, highlighting key innovations such as electronic trading platforms, derivatives, and blockchain. Isabelle emphasizes the importance of innovation for resilience, efficiency, and delivering value to members and the financial community. Mark discusses the need for applied innovation and mentions digital assets, ESG, and private markets as exciting macro themes.In a Q&A with questions from Innovators' Exchange guest and CEO of Symphony Brad Levy, as well as Paul Humphrey, CEO of BMLL, the panel discuss the challenges and opportunities of innovation in the financial industry, including competition from mega tech companies and the need for agility and adaptability. They conclude by sharing their personal learnings and advice, including the importance of embracing failure and focusing on outcomes rather than just technology for technology's sake. Key talking points include innovations in capital markets, challenges and opportunities in different regions, applied innovation, competition from mega tech companies, agility and adaptability, and personal learnings and advice.

In this episode of the Innovators' Exchange podcast, Hiten and Lance Uggla discuss Lance's journey as an entrepreneur and his current role as General Atlantic Vice Chair and co-founder of Beyond Net Zero, the firm's growth climate fund. Lance is also the founder and CEO of IHS Markit, that was then sold to S&P for $44bn, becoming one of the largest deals to have ever taken place in the industry. He also outlines his work with the team at General Atlantic and his role as an entrepreneur in residence.

In this episode, Hiten interviews Rana Yared, a general partner at leading venture capital firm Balderton Capital. Rana shares her career journey, detailing her move from Goldman Sachs to Balderton Capital where she launched their growth fund. She discusses the role of venture capitalists, addressing common misconceptions about their work, in addition to exploring the European innovation landscape and the opportunities it presents.

In this episode, Hiten Patel dives into the world of Fastmarkets, a commodity information service that provides price data for commodities used in various industries and markets. In this conversation with CEO Raju Daswani, we learn about the company's evolution from a print publication to a digital business, driven by the transformative forces of the internet and the growth of the Chinese economy. Fastmarkets plays a crucial role in enhancing transparency in commodity markets, particularly in the context of the energy transition and the demand for critical materials.

In this episode of the Innovators' Exchange, Hiten Patel, global head of Financial Infrastructure, Technology, and Services at Oliver Wyman interviews Anand Sambasivan, CEO and co-founder of PrimaryBid. They discuss PrimaryBid's mission to deliver fairness and inclusion to capital markets, particularly public markets. Anand uses an analogy of a grocery store to explain how the public markets are not fully democratized, with certain opportunities only available to institutional investors and the ultra-wealthy. PrimaryBid aims to change this by providing access to retail investors and individuals. Anand also talks about the importance of authenticity and perseverance in delivering change and making an impact, and underscores the importance of never giving up when pursuing an idea.

Symphony CEO, Brad Levy, joins our host, Hiten Patel, to discuss the impact of technology on the financial industry, with a focus on data and artificial intelligence (AI). Brad shares his view that data is the new front office and that the industry is only starting to leverage its power. He discusses the potential of AI and its transformative effect on people's capacity to process and generate information, as well as the advantages of in-person work over remote work.

In this interview with Hiten Patel, David Mercer, CEO of LMAX Group, discusses the journey of the company, its differentiated offering and determination to shake-up the foreign exchange market. David shares how LMAX Group adapted and pivoted to meet the changing demands of the market and expanded into the digital assets space, as well as giving some insights into his leadership philosophy.

Hiten Patel and Catherine Long, co-founder of Trace, explore measuring carbon emissions and the need for transparency and data standardization in the climate tech industry.

In the latest episode of Innovators' Exchange, Hiten Patel speaks with Bin Ren, the CEO and co-founder of SigTech, a leading provider of quant technologies. The discussion centers around democratizing access to quant trading strategies, the surge of retail investing, and the profound implications of generative AI (Gen AI) in the financial markets. Bin unveils the story behind SigTech's mission to accelerate the idea-to-market process in capital markets. Their focus on reducing the lifecycle of ideas from months to seconds empowers traders and portfolio managers, democratizing the landscape for both professionals and retail traders. The company's cutting-edge technology, featuring Gen AI, enables quick generation, testing, and deployment of trading ideas, contributing to a more efficient and accessible market. Key themes explored in this episode include: Democratizing access to quant trading, enhancing market efficiency, and the strategic infrastructure and technology rebuild undertaken by SigTech. The narrative unfolds further, touching on the challenges faced in serving diverse clients, the implications of democratized access, and the evolution of humans augmenting AI capabilities. The episode also delves into SigTech's voice-based applications, shaping the future of market discussions. Bin shares insights into the changing nature of work with the rise of large language models and envisions a future where humans augment AI capabilities. The conversation explores challenges faced by SigTech in offering technology to various clients and how they strategically provide API services, allowing clients to tailor features to their needs. Bin extends a shout-out to Kiet Tran's stealth-startup, focused on data licensing models for AI. The startup aims to revolutionize data accessibility in a world where AI models are the licensee. This episode is part of our Innovators' Exchange series. Tune in to for a captivating exploration of AI's transformative potential in financial markets, touching on key themes and opportunities for both professionals and retail investors. This episode was recorded in may 2023

In the first episode of the Innovators' Exchange podcast, Hiten Patel, Global Head of Financial Infrastructure, Technology and Services at Oliver Wyman, is joined by Maroun Eddé, CEO of Murex. Together, they delve into the evolution and challenges of the capital markets technology landscape. In this episode, Maroun discusses: Murex's journey from its origins in the early nineties when the rapid expansion of capital markets prompted the need for innovative tools. The innovations driving capital markets technology with a roadmap for navigating this fast-paced industry. The importance of envisioning the future financial landscape rather than relying on past models. The temptation to focus on narrow solutions for quick success. The role of partnerships in allowing start-ups to develop broader solutions in a sector primed for transformation. Successfully adapting business perspectives and appreciating diverse cultures. This episode is part of Innovators' Exchange, a series that explores the financial infrastructure and technology landscape. Tune in to hear leading experts share their journeys, lessons learned, and visions for the future.

Introducing the Innovators' Exchange podcast, hosted by Hiten Patel, Global Head of Financial Infrastructure Technology, and Services at Oliver Wyman. Join Hiten as he engages in insightful conversations with CEOs and founders who are shaping the landscape of financial technology, data, and software. In each episode, Hiten delves into their journeys to success, daily motivations, business visions, and the invaluable lessons they've gathered along the way. Meet visionaries such as Maroun Eddé of Murex, Brad Levy from Symphony, Cat Long of Trace, Anand Sambasivan of Primary Bid, David Mercer of LMAX, and Bin Ren of Sigtech. From discussing the ever-evolving nature of capital markets to the symbiotic relationship between humans and AI, these conversations provide a unique perspective on innovation in the financial sector.