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.