What’s more exciting than emerging technology? Emily Nicolle, then Fintech Correspondent with Financial News (she’s since moved to Bloomberg as a Crypto Blogger) , led a panel at the Fintech Talents Festival of what she termed incumbents (does google fall into that category now?) to discuss how the pace of technology change has accelerated over recent years.
As Derek Freel, Head of FinTech, Google Cloud noted, the drive to keep pace with changing customer demand and expectation has increased the pace of change. That was echoed by Ange Johnson de Wet, Head of Cloud and Technology Change Risk, Lloyds Banking Group, who also flagged the impact of the pandemic. Taking all that into consideration and we see a landscape that is shifting ever faster.
Sarah Greasley, CTO, Direct Line added the perspective of an insurer and noted how data and technology had ushered in an era of ‘zero tolerance’ for service interruption. She pointed out the tension that brings when it comes to balancing that with the test, learn and adapt agile practices they are implementing.
Want to hear more about a landscape where both incumbent institutions and challengers are both moving very quickly? Learn more about the challenger vs incumbent bank dynamics and how their respective technology legacies still impact the present. Google has a unique role to play in supporting all types of institutions to face those challenges across a number of key business functions.
From the technologies enabling exciting new developments to the potential pitfalls of unchecked technology (think potential bias in AI), discover how the inner workings of organisations are changing. Get a glimpse into when quantum computing will hit the prime time.
Data empowers individuals across institutions to do cool stuff at pace but check your guardrails and join the conversation by watching the full discussion.