The Evolution of Fintech in 2023: In Conversation with FINBOURNE Technology

2023-02-02

Standardization of Processes and Protocols will lead to further innovation in the cloud. There has been a gradual evolution of the tech stack over the past 15 years. I believe there will be further standardization across the industry as companies & bodies - such as the EDM council, ISLA and parties collaborating on the common data model, taxonomy for instruments and Swift - move to the cloud. What is interesting is that they are moving in a manner that encourages adoption of standards. This alone is us...

Standardization of Processes and Protocols will lead to further innovation in the cloud.

There has been a gradual evolution of the tech stack over the past 15 years. I believe there will be further standardization across the industry as companies & bodies - such as the EDM council, ISLA and parties collaborating on the common data model, taxonomy for instruments and Swift - move to the cloud.

What is interesting is that they are moving in a manner that encourages adoption of standards.

This alone is usually the driver for future innovation and will further help cloud standardization.

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