Fintech revolution offers a chance to nurture a new breed of bankers

This blog post is the first in a series taking a closer look at the current state of finance and the impact Fintech is having on the industry. We highlight the unique talent each board member brings to help CFTE in its mission to empower a new generation of finance professionals. We kick off the series with Claire Calmejane who sits on the advisory board. [caption id="attachment_198" align="aligncenter" width="570"] Claire Calmejane is recognised as one of the most influential people in Fintech[/caption] If we played a word association game, what image would “banking” bring to mind? For most, it would be men in fancy pinstripe suits making deals in the city. The industry is evolving, however. Consumer habits are changing and the change is being driven in large part by the rise of the mobile first millennial generation. This trend, combined with the growing influence of financial technology companies, is disrupting the…

CFTE’s Event Calendar June #1

We're always on the look out for the best events, here's a selection that got our attention: Our friends at Khazanah Nasional have organised an event with Dave McClure (the man who has backed 250 startups, including 5 unicorns…) from 500Startups. We’re very lucky to be able to invite a few guests, so ping Ali if you’d like to join. He'll be talking about what's hot in Silicon Valley and the event will be held on June 16th at 10 AM BST, in the Khazanah Innovation Centre (and you’ll see our amazing offices too…). You may not know it yet, but building bridges between Asia & Europe is written in our DNA... And this week in London (from Wednesday to Friday) there is a huge festival organised to bring India and the UK's tech scenes closer together. CFTE's co-founder Tram Anh Nguyen will be spending some time there - ping her on twitter if you want to join! Where…

What we’re reading #1

We wanted to share some one of our team’s interesting reads of the week: Aliasgar: “In our personal or professional life we always make plans. We like to project our future ambitions and goals. But is setting your goals enough to reach them? This article intelligently highlights how to use purposeful systems to reach your goals. The upshot: Progressive purposeful learning beats an ad-hoc approach to meeting objectives. More and more true in our fast changing society. Read more

Episode #1 : Introduction to Blockchain

With Huy talking about Blockchain and the general momentum the subject is picking up, we thought we'd introduce you to the topic with some curated content that will give you a solid understanding of Blockchain. Welcome to Finance 2.0! Blockchain 101? Disruption is everywhere and the blockchain technology could be the biggest disruptor of them all. It's a technology that is powering Bitcoin and is therefore often view as synonymous of finance, however, its application goes beyond the finance sector and has the potential to transform the value chain of entire industries. Read more (more…)

CFTE’s Weekly Stories #1

What we’ve been up to this week... Huy Nguyen Trieu, our Co-founder & CEO of The Disruptive Group, had the pleasure to talk at Moneyconf 2017 in Madrid. No tapas & Sangria's though! Why MoneyConf? "Where the world's biggest banks and Tech firms meet" says the BBC. Pretty obvious we were going to be there right? In fact, Huy was invited to talk on the Central Stage about Blockchain and its current & future development; to answer the one question on everyone's mind: (more…)

Choose your first step to Finance 2.0

We are starting our collaborative content creation scheme and as future member of our platform you are invited to shape it as you'd like it to be! Therefore, if you had the best FinTech experts in front of you ready to give you a class and provide you some key knowledge on Finance 2.0, what would you choose first? Take 2 minutes to shape your career: Choose Why are we asking?  We will start to BETA TEST our MVP very shortly and we want you to have a say on the platform. What is an MVP? The Minimum Viable Product is a concept defined by Eric Ries in his Lean Startup « bible ». The MVP is the core of your dream product. It is meant to cut ideas to the essential to test the Value Proposition on a target market (and improve it quickly): We are developing our platform’s…

CFTE announces new board members – Press Release

CFTE Announces New Board Members from Harvard Business School, Holberton School, Hong Kong University, Imperial College and London Business School to Join Edtech Project for Financial Services. June 6th 2017, London – The Centre for Finance, Technology and Entrepreneurship (CFTE) is building the future of online education in finance with an Edtech platform that aims to help finance professionals adapt to a rapidly changing industry. Today, CFTE announces the nomination of five new board members, all with outstanding credentials who are world-renowned experts in their fields. Gillian Cribbs and Sylvain Kalache join the advisory board, while Prof Andrei Kirilenko, Prof Douglas Arner and Prof Karim Lakhani join the academic board. As a collective, the board will enhance CFTE’s capabilities to deliver on its mission to provide professionals with a lifelong education in finance. (more…)

CFTE’s Story – Tram Anh and Nicolas @Coding Academy & Website down

What we’ve been up to last week... This week we crossed the English channel to beautiful Paris. Why? To bring awareness on tech driven Finance. Our co-founder Tram Anh and associate Nicolas gave an amazing talk to a room full of software engineers @the Coding Academy - leading Coding Bootcamp in Paris. Why the Coding Academy? Demand for software engineers is booming as the genetics of the finance industry continue to change. Just as the digitisation of publishing led to a boom in demand for web developers, so the digitisation of banking is increasing demand for software engineers to power the next generation of banking products. CFTE was at the coding academy to introduce this very concept to the aspiring software engineers. Check out Tram Anh’s interview for more info: Interview periscope  The website was down? Slightly embarrassing but due to technical anomalies which are too long winded to explain the…

A few numbers about the changes happening in finance

The CFTE website has 3 statements: Goldman Sachs' cash equity business employed 600 traders, now it's 2 Fintech is forcing banks to a tipping point according to Citi Zhong An, a new insurance company in China, now has 500 million clients - in 5 years This shows the scale and rapidity of changes happening in finance. In the case of Goldman Sachs, there is clearly a trend for more automation and fewer traders, it's undeniable. On the other hand, Goldman Sachs now has more software engineers and developers than Facebook, so the nature of the work in banks has also clearly changed. Citi's report is a great report about Fintech, and more generally the trend in finance, and everybody interested in that topic should read it. Finally, Zhong An is a new digital insurance company, launched in China 5 years ago. Their scale is incredible, and clearly shows that technology…