Download - James Mitchell, CEO of Strategic Blue at Cloud Camp London - Banks vs Tech - Brokerage

Comparing Information Brokerage in Banking & Tech��

Dr James Mitchell, CEO of Strategic Blue, founder of Cloud Options, recovering banker [email protected]

@cloudoptions

www.cloudoptions.com

CloudCamp London 11th September 2014

!   Finding the right cat information – needle in a haystack?

!   Easier to go through a broker who has already sorted it

!   So does that make Google a “tech company”?

!   Finding the right Lego piece – needle in a haystack?

!   Easier to buy through a broker who has already sorted it

!   Even easier if you can do it online…

!   So does that make Lego a “tech company”?

!   Finding the best price for pork – ask every pig farmer?

!   Easier to go to an exchange who has curated all the offers

!   Even better if you can do it online…

!   So does that make Chicago Mercantile Exchange a “tech company”?

!   Information Arbitrage !   Sell when you KNOW you can buy cheaper elsewhere

!   High Frequency Trading CANNOT be done without tech

!   Does that make Arbitrage Traders really tech companies?

!   Both approaches monetise information !   Tech approach minimises financial risk !   Finance approach looks at risk / reward

Tech Company Finance Company

Largest Use of Capital Technology Development Cash Management

Biggest Risk to Company Poor technology Poor cash management

Informa>on Mone>sa>on Provide Informa>on for a Fee Use Informa>on to mi>gate risk

Tech vs Finance��

Technical Risk Requiring

Technical Excellence

Financial Risk Requiring Financial Excellence

FINTECH

Dr James Mitchell, CEO of Strategic Blue, founder of Cloud Options, recovering banker

[email protected] @cloudoptions

www.cloudoptions.com