… there’s space to reflect on whether they’re truly serving their purpose or simply entrenched. Innovation doesn’t mean ignoring regulation—it means finding better ways to meet the same standards.
The market does come with high barriers to entry and regulatory oversight, which is worth acknowledging. But perhaps that’s what creates the opportunity. When existing tools remain largely unchanged for years, …
Interestingly enough, he’s not the only one thinking exactly the same. After talking with current and former colleagues, there’s a growing interest in pivoting to more innovative and, especially, more cost-effective solutions.
Working in a sector deeply rooted in legacy products makes being innovative quite difficult.
But a colleague of mine mentioned in a conversation that he’s only interested in one feature of a product that is the backbone of the financial industry.