A podcast episode featuring Tony Clark, CEO of NextWave Consulting, discussing the significance of digitalisation in fintech. By Maya Kokerov. In the podcast’s 20th episode, NextWave Consulting Founder and CEO Tony Clark is interviewed by Reeve Boyd, an associate in CMS’s Finance Disputes team. Tony and Reeve delve into the significance of digitalisation in driving strategic competitive advantage for fintech companies. They also provide a detailed guide on the steps to take to succeed in a constantly evolving digital landscape.
Here are the key points:
- Digitalisation for Competitive Advantage: Tony Clark emphasizes the importance of digitalisation in driving strategic competitive advantage for fintech companies
- NextWave’s Role: NextWave helps financial institutions modernise through technology, focusing on automation, AI, and data
- SPEED Framework: The framework includes Strategy, Platforms, Ecosystems, Engagement, and Data, guiding firms in their digital transformation
- Challenges and Opportunities: The discussion covers the opportunities and risks of digitalisation, including regulation, operational resilience, and ethical AI
For financial institutions, the rule book is evolving and it’s crucial to play by the new digital rules while keeping a close eye on regulation. Nice one!
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