digital transformation world - digital platforms increasing innovation return in … ·...

© 2017 TM Forum | 1

Nicolas SteinerDigital Ecosystem Director

FINTECH Circle

Digital Platforms Increasing

Innovation Return in the

FinTech Industry

© 2017 TM Forum | 2

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

© 2017 TM Forum | 5

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

© 2017 TM Forum | 6

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

+

-

© 2017 TM Forum | 8

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

© 2017 TM Forum | 10

Use Case: Consekense

© 2017 TM Forum | 11

Managing Identities and User Data

Customer LifeCycle

Employee LifeCycle

Government ID LifeCycle


Connected Object LifeCycle

© 2017 TM Forum | 12


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

© 2017 TM Forum | 13

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


digital transformation world - digital platforms increasing innovation return in … ·...

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