Paolo Sironi delivers a detailed examination of how platform theory, born outside of financial services, is making its way inside banking and financial markets to radically transform the way firms do business with new technology. You’ll learn why banks and fintech must master the necessary shift of focus from selling business outputs to selling client outcomes based on engagement and relationships, at the intersection with cloud computing, open data sharing, and artificial intelligence. You’ll also discover how financial services are steering new forms of digital transformation underpinned by Contextual Banking and Conscious Banking platform strategies that will benefit stakeholders of all kinds.

Paolo’s presentation:

• Helps executives to enrich their mindset to extend the reach of open banking and open finance.
• Inspires new business models centred on a renewed interpretation of the biological micro-foundations of financial intermediation.
• Defines a pathway for innovation to reclaim top spot against bigtech contenders, enjoying greater flexibility and adaptability at lower digital costs

Following the astonishing rise of generative AI, artificial intelligence has seized the world’s attention. Executives are either dazzled by bright futures or dismayed by dystopian scenarios, and polarising boardroom discussions proliferate. Many banking executives are brainstorming how to assess and prioritise AI’s economic potential, estimate access costs, and manage the risks that come with quickly scaling AI enterprise-wide.

The most essential question of the moment: how can technological innovation help address and course-correct banks’ financial performance in a world of declining growth rates of productivity? This issue requires meticulous assessment to avoid unnecessary hype and help to assess the real impact of AI on business models and operations—and define successful action plans.