What’s improper with Banks? Too many individuals managing too many complicated IT methods for starters
https://www.buzzsprout.com/1643860/15123922
https://fintechsummit.com.au/the-fintech-report-podcast/
The following wave of innovation in banking and monetary companies will probably be within the financial institution’s core expertise/IT operations; a lot of that are run as separate methods, with many elderly legacy methods, with an over reliance on individuals to handle the integrations in addition to the compliance. A brand new wave of software program firms are actually beginning to disrupt and alter this outdated construction. Hear from Mac Duncan, the Co-Founding father of Constantinople on how they’re altering banking, beginning with the primary shopper, Nice Southern Financial institution.
Constantinople is the primary of its variety: an all-in-one software program and operational platform for banks. Constantinople hosts and manages your financial institution’s clients instantly on their cloud native infrastructure. they assist a full vary of banking merchandise that are branded as the corporate title, along with all operational companies wanted to run a financial institution.
Constantinople’s state-of-the-art platform frees banks from working costly infrastructure and replaces guide operational and compliance processes with automation at scale. By eradicating the operational complexity of banking, Constantinople permits banks to give attention to clients and the enterprise of banking.
On this episode we focus on:
- Mac Duncan’s background; influences in banking & fintech
- The imaginative and prescient for Constantinople? What’s the story behind Constantinople? Why did you and Di wish to begin it?
- Do you name your self a fintech? Financial institution tech? do definitions matter?
- Cash raised to this point, varied rounds, which VCs / angels and so on
- Will you be world? Can all fintechs plan to be world from Australia?
- Basis shopper? Is give attention to SMEs and lending? What’s the transient you must ship on?
- Your level of distinction. Level options vs end-to-end options; whats the story right here? What’s a core banking platform? What do you do that’s over and above the core banking?
- It’s a really aggressive subject. Who’re the rivals?
- How do you serve banks who wish to be versatile? Versatile on merchandise, pricing, reg, distribution – what different elements?
- How are you making a GREAT tradition? (ie so individuals wish to work in tech and never in banks)
