Solinea is the software and services company that accelerates adoption of production open-infrastructure cloud solutions to deliver on promises of agility, quality, efficiency and cost savings.
Solinea’s multi-disciplinary, technology-agnostic approach has a proven track record with Global 1000 companies addressing the entire cloud ecosystem to effectively define cloud strategies; design scalable, elastic architectures; develop processes that operationalize cloud systems; and provide cloud management platforms for management and monitoring of cloud compliance, auditing and security.
Presentation
Security Challenges in Financial Services Cloud Deployments – Large Global Exchange Case Study
A cloud deployment cannot be treated like any other deployment while still delivering on agility and cost objectives. Cloud benefits come from aspects that may not work well with established security policies. The real benefits of cloud come from process and quality improvements brought about by automation and continuous integration (CI). Regulatory compliance in Financial Services is commonly achieved through a detailed electronic paper trail of checks, sign-offs, and “four eyes” approvals, which can take weeks.
We will discuss an implementation model for Continuous Integration that satisfies the security objectives of a Financial Service firm.
What You’ll Learn
- The Solinea Approach: Our methodology to make cloud work with open infrastructure.
- Solinea takes into account the entire ecosystem, from planning through maintenance, including lifecycle management that enables effective ongoing management of systems and processes.
- Manage cloud across inter-related work streams that impact deployments including: governance, infrastructure design, build,& operate, application migration & architecture, and DevOps & automation.
Presenters
Francesco Paola, CEO
linkedin.com/in/francescopaola | @fpaola | [email protected] | 650.520.1102
- CEO and Co-Founder of Solinea
- Over 20 years of global leadership experience in diverse industries
- Prior to Solinea, held leadership positions at Cloud Technology Partners, Cloudscaling, JPMorgan Chase, and Cambridge Technology Partners
Luke Heidecke, Systems Engineering Director
linkedin.com/in/lukeheidecke | @lukeheidecke | [email protected]
Luke Heidecke works at Solinea, Inc. to drive OpenStack and Cloud adoption for large enterprise customers. He focuses on infrastructure automation, monitoring, and management of large distributed systems.
How they describe themselves: Personetics redefines how financial services providers engage with their customers in the digital age. By accurately anticipating individual customer needs, Personetics enables financial institutions to meet increasing customer expectations, providing timely and relevant self-service and guidance at each step along the customer journey. Powered by the Personetics Predictive Analytics Platform, institutions are able to deliver a highly personalized digital experience that elevates customer engagement, affinity, and trust.
How they describe their product/innovation: Personetics Engage is a new breed of banking solution, one that truly puts customer needs first. It provides timely and useful insights that keep customers informed and help them better control and manage their financial affairs. Insights presented to each user are calculated and evaluated in real-time based on the most current data relevant to each individual. Relevant insights are prioritized to identify the most important ones at any given point in time within the context of the customer’s current interactions, transactions, and personal needs and preferences. Using Engage to empower customers, banks can reestablish themselves as trusted partners to the consumer.
Product distribution strategy: Through financial institutions
Contacts:
Press: Eran Livneh, VP Marketing, [email protected]
How they describe themselves: Persado’s platform generates the most persuasive language for communications designed to drive action. The software uses semantic algorithms to map emotions and generate language for marketing communications such as emails, landing pages, mobile, push notifications and social media. By breaking down marketing language into emotional, descriptive, and formatting components, Persado’s software linguistically engineers the optimal language, replacing the guesswork of copywriting.
How they describe their product/innovation: Persado Go is the first-ever completely automated self-service solution for customers requiring persuasive messaging, with instant turn around through an easy-to-use interface. The intuitive interface allows marketers to leverage powerful algorithms and a vast amount of data to generate the most persuasive message for their audience, with a 95% probability of success. Customers can enjoy access to advanced insights into the language emotions that make their target audience convert.
Product distribution strategy: Direct to Business (B2B)
Contacts:
Bus. Dev.: [email protected]
Press: Cristina Dinozo, Senior Director of Communications, [email protected]
Sales: Mario Imparato, VP International Markets, [email protected] and/or [email protected]
How they describe themselves: PaySend is an international payments and money remittance business registered in EU helping millions of users to pay and send money to key destinations using simple digital tokens. PaySend is using its proprietary and highly scalable platform to drive the costs of remittances down and serve people in both developed countries as well as developing regions. To do that PaySend facilitates its knowledge and partnership with leading card schemes, banks and local service providers to give a simple mean of sending money. We start in late Q1 in selected international markets like Europe, CIS, China and selected countries of LatAm.
How they describe their product/innovation: PaySend money remittance platform is leveraging Visa and MasterCard networks to help banks and schemes facilitate an efficient remittance network, all important for meeting global financial inclusion goals.
- Simplifies remittances by using payment cards
- Tokenizes card data in demand for social-based transfers
- Leverages global partnership network for decreased cost of sending money
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed
Contacts:
Bus. Dev.: Alexander Bessonov, [email protected]
Press & Sales: Mike Rogov, Head of Sales, [email protected]
How they describe themselves: Our vision is to make commerce easy. We do this by solving problems we face in buying and selling everyday. For merchants we created apps with all tools Amazon has. Customers get personal offers and can pay purchases with one click. Banks like Banco Santander partner with us to get access to user friendly IT, new online marketing channels and cross selling options.
How they describe their product/innovation: We are solving the huge problem to “pay everywhere” by connecting the 3 dots: Payments, Merchants and Customers – with one unique commerce solution:
- Payments: We partnered with companies like Stripe, PayPal, Banco Santander or Sofortüberweisung to accept all payments and retail financing options.
- Merchants: 4.000+ merchants use our tools to sell like Amazon – in every channel including web, point of sale or even social.
- Customers: Get personal offers and pay or finance them with one click.
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions
Contacts:
Bus. Dev.: Artur Schlaht, [email protected]
Press: Bernhard Bohmeier, [email protected]
Sales: Viktor Butsch, [email protected]
How they describe themselves: Passport is the industry-leading mobile payments company specializing in integrated urban mobility solutions. The company provides feature rich software platforms that offer parking and transit agencies a more effective and efficient way to manage their operations and serve their customers. Passport’s smart city solution includes multimodal options by creating an all app solution for public transit riders and parkers. Passport’s mobile payment systems are deployed in over 1,000 locations in 46 states and provinces across the US and Canada, with clients such as Chicago, Toronto, and Boston. Headquartered in Charlotte, NC, Passport is backed by a highly respected group of investors, including Grotech Ventures and Relevance Capital.
How they describe their product/innovation: Passport has added mobile ticketing to its enterprise platform for urban mobility. The new feature allows transit agencies to deploy a plan, track, pay mobile application in their city. Commuters can plan their trip, track where their public transit options are, and ultimately pay for their fare in one convenient, secure application. This software reduces time in the transit system, cuts overall costs, and improves the experience for riders. Passport is a payment gateway and can easily integrate into existing payment gateways depending on the needs of its clients.
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B)
Contacts:
Bus. Dev.: Khristian Gutierrez, CBDO
Press: Daniel Bliley, Head of Marketing
Sales: Khristian Gutierrez, CBDO
Email Follow up: [email protected]
How they describe themselves: OutsideIQ has developed a risk-based cognitive computing technology that uses natural language processing (NLP) to uncover potential risks of a subject that are not efficiently found using current technologies. The technology is capable of producing fast due diligence reports on individuals and corporate entities using web and deep web interrogation. The more information OutsideIQ ingests, the smarter and more intelligent its search capabilities become.
How they describe their product/innovation: Our product, DDIQ, was launched in March of 2015 after years of R&D. It is an automated investigation technology that accesses a range of sources such as the open and deep web, corporate registration records, and premium information to automatically and comprehensively assess risk, producing a detailed Due Diligence report in minutes.
We have expanded our DDIQ product to integrate into financial institutions’ Client On Boarding (COB) systems to identify sources of risk within their Know Your Client (KYC) workflow. Making this technology extension available, via API, significantly assists institutions to meet the much more strict Regulatory pressures they are facing. This is a new module announcement to the existing product and our showcase at FinovateEurope 2016 is the worldwide release of this new module.
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms
Contacts:
Bus. Dev., Press & Sales: Joe Oswald, COO, [email protected]
How they describe themselves: Fintech company OutShared offers the in-house developed and built CynoSure digital insurance platform in a SAAS solution to the market. In short, CynoSure is a digital insurance solution from the back-office system-of-record to front-end web and app interfaces. Cynosure has been developed for both new market offerings and the renovation of established operations migrated to the platform. OutShared offers both the ICT solution and business expertise. Implementation, maintenance and support are covered by OutShared. We have a team of experts available that together have over 100 years international experience in insurance, ICT, setting up greenfield insurers and converting portfolios. Proven examples: InShared and HEMA.
InShared: A fully digital new entrant launched a greenfield B2C non-life insurance services with CynoSure in 2009. With its disruptive proposition of sharing what is left of the 80% of premiums reserved for claims it was a clear new generation insurer. The STP and digital services and processes convinced people that it truly was meeting digital expectations.
After 6 years InShared has 5% total NL market share, 10% online market share. And manages 500,000 policies with 35 FTE.
HEMA: An established retail brand converted it’s traditional business to CynoSure’s open platform. As a result, the operational cost ratio decreased by 50%, the loss ratio improved by 10% points in 1 year. The portfolio was converted in 2 months, from zero to live in 6 months.
How they describe their product/innovation: CynoSure is an all-in-one insurance solution for policy management, quotations, claims origination and processing: from back-office database through middle-office processing to front-office web and app interfaces. Built on today’s digital ethos, and offered through strategic BPO and SaaS operations, CynoSure is the smart integrated solution for insurance specialists. CynoSure is a state-of-the-art insurance solution developed in open source technology – the low cost solution for modernising existing insurance portfolios or launching new brands globally.
CynoSure offers a highly callable platform on which to build a leading digital insurance presence. CynoSure is the kernel that orchestrates a number of core components to build a market offering. From system administration (CynoCtrl) and analytics (CynoLytics), through customer services (CynoAssist) and campaign management (CynoSell) to document management (CynoDocs) and claims processing (CynoClaim). CynoSure can be applied for two reasons: 1. The launch of a new greenfield operation 2. The rejuvenation of an established insurance portfolio operation.
Contacts:
[email protected]
How they describe themselves: North Side has developed Natural Language Understanding technology with applications to banking, payments, credit cards, insurance, lending, and investing. We developed robust English conversation software while working on Bot Colony, the world’s first video game that understands English, where players speak with the game’s characters. Since 2014 we’ve been busy adapting our Natural Language Understanding (NLU) technology to financial services to power transactions and self-help customer care through interactive conversation.
How they describe their product/innovation: VerbalAccess enables online banking through speech or typing, and goes beyond single commands or questions, supporting conversations and enabling customers to clarify their intent. VerbalAccess is like a telephone banker, investment advisor, or claims processing specialist rolled into one, accessible any time, from anywhere. The customer’s ability to use their own words to ask questions or say what they want is the key to discovering and using the full functionality of financial applications, increasing customer satisfaction. The customer knowledge gleaned from individual conversations enables your institution to personalize the services it offers, and sell individual customers the products they need.
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed
Contacts:
Bus. Dev., Press & Sales: Eugene Joseph, CEO, [email protected], +1 514 935 4566
How they describe themselves: Nexmo is the global leader in cloud communications, providing innovative SMS, Voice, Chat App, and Verification APIs and SDKs. Nexmo enables applications and enterprises to communicate with their customers reliably and with ease, no matter where in the world they are located. Leading financial and banking companies such as Commonwealth Bank, WorldRemit, Swift, and Blender.co.il use Nexmo APIs to reliably scale their customer communications, globally.
How they describe their product/innovation: Despite additional security introduced by banks to protect customer transactions SIM swap fraud is on the rise. This new and little-reported scam allows fraudsters to complete cash transfers from a stranger’s account by accessing one-time pin codes and SMS notifications. Many fintech companies are now turning to the Nexmo Verify SDK, which allows them to add phone verification with a single function call and combines phone numbers with unique mobile device ids to detect SIM-swaps. Verify SDK is the only white-labeled SDK that manages user identities across multiple devices and platforms without building a complex user management backend, and adds a new level of security by tying phone numbers to unique device IDs.
Product distribution strategy: Direct to Business (B2B), through other fintech companies & platforms
Contacts:
Bus. Dev. & Sales: Alex Berry, EMEA Sales Director, [email protected]
Press: Adrian Richardson, Global PR Manager, [email protected]
How they describe themselves: Cognitive Technology’s solutions encompass Process Intelligence, Big Data Analytics, Semantic Analysis & Data Mining: they are successfully implemented across several industries, allowing our customers to find efficiencies they never thought possible.
How they describe their product/innovation: myInvenio is an innovative solution to analyze data, visualize processes, and discover efficiencies. By reading data already present in the organization systems’ log files, myInvenio gathers information and automatically represents the organization’s process.
Product distribution strategy: Direct to Business (B2B), SaaS self provisioning (freemium), licensing through financial institutions and other fintech companies
Contacts:
Bus. Dev.: Massimiliano Delsante, CEO
Press & Sales: Modesta Jonauskyte, Sales & Marketing Department, [email protected]
How they describe themselves: Meniga is the European market leader of white-label Personal Finance Management (PFM) and next-generation online banking solutions. Our software reaches over 25M online banking customers across 17 markets. Meniga’s award winning solutions help retail banks across the world dramatically improve their online and mobile banking user experience. Meniga helps millions of people think about and engage with their finances by providing data-driven digital banking solutions. Through Meniga’s card linked marketing, consumers, banks and merchants engage with highly relevant and contextualized offers.
How they describe their product/innovation: Meniga will be introducing a new personalization platform for timely and targeted communication between the consumer and the bank. This unique PFM data driven personalization platform helps banks dramatically increase customer engagement from monthly to daily usage through actionable and contextual insights driven communication that results in higher engagement, improved user experience and increased revenue from banking products. The main strengths of the platform is the ability to segment customers based on their spending patterns and behavioural factors, resulting in effective engagement campaigns that deliver the right message to the right customer at the right time.
Product distribution strategy: Direct to Business (B2B), through financial institutions
Contacts:
Bus. Dev.: Bragi Fjalldal, VP Business Development, [email protected], +354 659 7555
Press & Sales: Georg Ludviksson, CEO & Co-Founder, [email protected], +44 7818 246989
