Where Finance Finds Its Future

Future of Finance

The New Face of Finance, Where Finance Finds Its Future. Future of Finance has one overriding goal. It is to host meetings (at the moment virtual meetings) that bring together long established members of the financial services industry (banks, brokers, asset managers, insurers, financial market infrastructures) with entrepreneurs (challenger banks, technology companies and FinTechs) and market authorities (central banks, regulators and policymakers) to explore how the financial services industry can grow faster by being more open, more innovative and more trustworthy. If you would like to get in touch about featuring on a podcast, please email wendy.gallagher@futureoffinance.biz Hosted on Acast. See acast.com/privacy for more information.

  1. 6d ago

    European banks counter digital dollarisation with Qivalis Euro Stablecoin

    Future of Finance interviews, Jan-Oliver Sell is the CEO of Qivalis The euro is the second most important central bank reserve currency behind the US dollar. Yet it has lacked a Stablecoin presence commensurate with its international status: 99 per cent of Stablecoins are issued in US dollars and euros account for just 0.2 per cent of Stablecoins in circulation worldwide. 37 European banks from 15 countries have now joined forces to address that gap, supplying both the funding and the power to distribute a euro Stablecoin for use as an atomic settlement asset in on-chain payments, trade finance and corporate liquidity management as well as for settling tokenised securities, funds and real estate transactions. Their chosen vehicle is the year-old, Amsterdam-headquartered Qivalis consortium, which has applied to De Nederlandsche Bank (DNB) for authorisation as an Electronic Money Institution, which would empower the organisation to issue tokens under the Markets in Crypto-Asset Regulation (MiCAR) of the European Union (EU). Dominic Hobson, co-founder of Future of Finance, asked Jan Sell, CEO of Qivalis, how the Stablecoin will be backed and managed, what technologies it will be based on, what incentives the target audience have to use it and how it fits into a European capital market environment about to be transformed by the launch of the digital euro. Hosted on Acast. See acast.com/privacy for more information.

  2. Jul 6

    It is time to take tokenisation back from the tinkerers

    A Future of Finance interview Ian Hunt, an Independent Advisor and Author. Tokenisation enthusiasts are frustrated. A technology capable of transforming the entire financial architecture of the world is reduced to searching for “uses-cases” where it can mobilise or settle assets cheaper and faster than the status quo provided a “business case” can be made for making the investment. So the time was ripe for a restatement of the case for revolution. In Replicating Legacy is Squandering the Promise of Tokenisation: We Are Building a Faster Horse, Ian Hunt, a consultant to the asset management industry, and Steve Whyman, the former Head of Debt Capital Markets Trading at Fidelity International, provide exactly that. They warn that if tokenisation continues to develop on its present course, it will merely replicate the existing system, complete with its excessive costs, poor investment outcomes, duplicative infrastructures and operational, regulatory and legal silos. The opportunity the paper describes is to build a “composable” financial system made up of interoperable components that conform to a single design, which can be assembled into any conceivable financial asset or liability. Its promise is not just lower costs but wider access and higher returns. Dominic Hobson, co-founder of Future of Finance, spoke to Ian Hunt, co-author of the paper, about what a composable financial system is and how to make it happen. Hosted on Acast. See acast.com/privacy for more information.

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The New Face of Finance, Where Finance Finds Its Future. Future of Finance has one overriding goal. It is to host meetings (at the moment virtual meetings) that bring together long established members of the financial services industry (banks, brokers, asset managers, insurers, financial market infrastructures) with entrepreneurs (challenger banks, technology companies and FinTechs) and market authorities (central banks, regulators and policymakers) to explore how the financial services industry can grow faster by being more open, more innovative and more trustworthy. If you would like to get in touch about featuring on a podcast, please email wendy.gallagher@futureoffinance.biz Hosted on Acast. See acast.com/privacy for more information.