Comments
Scivantage and Stevens Institute Launch FinTech Incubator Program
Newest First  |  Oldest First  |  Threaded View
Becca L
50%
50%
Becca L,
User Rank: Author
5/31/2014 | 7:32:41 PM
Re: Mind the Gap
Andrew, I can't wait to see what kinds of companies are put through the incubator program and learn about their mentoring experiences. Kudos for taking on such an important role in filling the gap!
AndrewHaines
100%
0%
AndrewHaines,
User Rank: Apprentice
5/28/2014 | 9:29:48 AM
Re: Mind the Gap
Greg,

We think innovation can come in many forms.  Improving efficiencies is certainly one.  But, we see a large opportunity in providing greater transparency, access to tools for better decision-making and providing ideas and insights based on big-data aggregation.  These concepts apply to the retail as well as the institutional community.  The potential is limitless.  We will let you know how things progress and what ideas come out of the program.  Thanks for commenting. 

Chris,

We intend to be very involved in all of the project ideas coming through the program.  I agree that our experience and mentoring is an important part of success.  Thank you.
ChrisMurphy
50%
50%
ChrisMurphy,
User Rank: Apprentice
5/21/2014 | 10:33:04 AM
Re: Mind the Gap
The strength of the mentoring will be a key factor in how successful, I would suspect -- are they solving the real problems? 
Greg MacSweeney
50%
50%
Greg MacSweeney,
User Rank: Author
5/20/2014 | 10:12:46 PM
Mind the Gap
It does seem like there is an innovation gap in the capital markets. Hopefully, this program and others will help spur some innovative ideas from the banks/brokerages too. It seems that most enterprise IT shops are focused solely on improving efficiency and reducing costs. Those aren't bad objectives, but neither of those goals provide growth opportunites for a firm. Innovative ideas, supported by innovative technology, could help firms uncover new business opportunities. Hopefully, the innovation gap will be closed in the next few years.


Register for Wall Street & Technology Newsletters
White Papers
Current Issue
Wall Street & Technology - July 2014
In addition to regular audits, the SEC will start to scrutinize the cyber-security preparedness of market participants.
Video
Exclusive: Inside the GETCO Execution Services Trading Floor
Exclusive: Inside the GETCO Execution Services Trading Floor
Advanced Trading takes you on an exclusive tour of the New York trading floor of GETCO Execution Services, the solutions arm of GETCO.