When we first met a few years ago following the launch of his second book, FinTech Innovation, I looked to summarize Paolo’s achievements as a bestselling FinTech author, global industry Strategist, experienced quant and risk manager, international keynote speaker, successful startup entrepreneur and thought leader. In short: a true FinTech superstar. Fast forward to the end of 2021, he nothing but cemented this reputation.
He is the Global Research Leader in Banking and Financial Markets at IBM, Institute for Business Value. He is also a senior advisor for selected global accounts, assisting service teams in Board-level and C-level conversations about business model adaptation in platform economies. He still is a keynote speaker at major international events and he, of course, still writes books: following two more titles, he has now published his latest work, Banks and FinTech on Platform Economies.
We spoke about this plus a few other things and I hope you enjoy this conversation with Paolo Sironi!
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Listen to the conversation on Apple Podcasts, Spotify and anywhere else where good podcasts can be found or just click play below:
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Connect with Paolo:
Paolo’s website / Paolo on LinkedIn / Paolo on Twitter
What we talked about and when
| 01:00 | Being a global jetsetter in times of a pandemic |
| 02:00 | The story behind his latest book on banking transformation and the human being in the consumption of financial services and what it takes to compete with Alibaba and Tencent |
| 07:00 | Platform economies in financial services and what’s in Amazon’s business model banks really should think about |
| 09:30 | On the shift of the output economy to an outcome economy and its impact on the transformation of finance |
| 13:30 | Why FinTech despite innovation, disruption and undeniable success stories has not managed to transform the financial services as we may have thought a few years ago and what financial firms need to do to change it |
| 18:00 | On the core message of the book to clearly define pull and push motivational gap |
| 19:30 | Trust building in financial services and how to approach it |
| 25:00 | Conscious Banking and Contextual Banking explained and their influence on financial services of tomorrow |
| 27:30 | How to plug in technology to transform human relationships |
| 30:00 | The challenge to change mentality in financial services |
| 33:00 | Unlocking the business value of hybrid cloud |
| 39:00 | Practical advice for the local bank and Square’s move for Tidal |
Links, people and other interesting stuff from the Episode:
The Institute for Business Value at IBM where Paolo is the Global Research Leader in Banking and Financial Markets
The European edition of the Breaking Banks podcast Paolo co-hosts
An interview with Jeff Bezos on the early days of Amazon
Paolo’s books:
- Banks and Fintech on Platform Economies: Contextual and Conscious Banking
- Financial Market Transparency: Essay on Financial Markets Theory
- FinTech Innovation: From Robo-Advisors to Goal Based Investing and Gamification
- Modern Portfolio Management: From Markowitz to Probabilistic Scenario Optimisation
- MiFID II: Value-Generation for Investors
Capitects, the startup Paolo built and sold to IBM
Paolo’s keynote at the World Pension Summit on Financial Market Transparency
The IMF research paper Paolo mentions on “Financial Intermediation and Technology: What’s Old, What’s New?“
The IBM Institute for Business Value research on how to Unlock the business value of hybrid cloud
Jack Dorsey, Block Inc and the acquisition of Tidal
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The FinTechnologist theme song for the podcast is Geovane Bruno’s “Progresso”. Great stuff, isn’t it?