Ecosystm supported by their partner EY, conducted an invitation-only Executive ThinkTank at the Point Zero Forum in Zurich. A select group of regulators, investors, technology providers, and senior leaders from financial institutions from across the globe came together to share their insights and experiences on the practicability, regulatory support, and implications of sustainable finance portfolios.

Here are some of the key takeaways from the ThinkTank.

1. The Barriers to a Sustainable Future. The first step towards a sustainable future is recognising the challenges organisations face when pursuing Net Zero targets. Often, Net Zero targets are looked upon as additional costs.
2. Overcoming the Challenges. It is important to connect Net Zero back to business goals, given that there might be sudden shifts in regulations and because of the emergence of environment-conscious consumers.
3. A Sustainable Future Requires a Collaborative Approach. Global governments, regulators, Financial Services institutions, other enterprises, and technology providers need to collaborate on building a sustainable future.
4. A Time for Simplification. Clear mandates on reporting climate aspects similar to how financial aspects are reported, will result in greater adoption of sustainability and ESG measures.
5. The Role of Digital Architecture. The path to a Net Zero, decarbonised world will be technology-led.

Read below to find out more.

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Innovation and collaboration are the cornerstones of FinTech success stories. Successful FinTechs have identified market gaps and designed innovative solutions to address these gaps. They have also built an ecosystem of partners – such as other FinTechs, large corporates and financial services organisations – to deliver better customer experiences, create process efficiencies and make compliance easier.  

As FinTechs have become mainstream over the years the innovations and the collaborations continue to make technology and business headlines.

Here are some recent trends:

In this episode of EcosystmPodcast, Sash Mukherjee, VP Content & Industry Research, Ecosystm is in conversation with Kathryn Finch, Head of HR – Yum Digital & Technology, Yum! Brands.

Hear Kathryn’s views on:

• The ways to build global, borderless organisations
• The relevance of a unified corporate culture in today’s world
• The role of leadership in shaping People & Culture strategies

In part 2 of the conversation, Kathryn talks about the ways to build HR-Tech synergy.

In the second instalment of our Cybersecurity series, Sash Mukherjee, VP Content & Industry Research, Ecosystm continues the conversation with Serge Christiaans, Chief Information Security Officer, Eurocontrail.

Listen in to find out the basic differences and similarities between data protection and data privacy; the urgency of building a “human firewall”; the risk of exposure to vulnerabilities through third-party providers and partner ecosystems; and why large organisations are struggling with the “span or control”.  

Organisations are aware that they must reinvent themselves continually to remain relevant to their customers, engage their employees and be profitable – and yet they find it challenging to live with the present pace of change.

Achieving a new equilibrium requires organisations to have the right skills; execute effectively every day; drive the best priorities for change; and refresh and renew their capabilities. Organisations will require adaptable people, processes, technologies and data to position themselves to harness the future.

Here are 5 insights that will help you shape your change strategy.

• Productivity persists as a priority. Recruit, train and retain essential skills and look for partners who are leaders in their sphere to provide the other, less differentiating capabilities.
• Digital debt is not only technical. Continuous reinvention requires the identification of an organisation’s digital debt, and evolution of the processes, technology and data to reduce legacy constraints. This will support the reuse and refactoring of existing capabilities in new ways and the introduction of new capabilities.
• Both operations and the customer matter. Investment in both the customer experience and operational efficiency needs to be balanced keeping in mind organisations’ limited available resources.
• Technology must be adaptive. Establishing isolation zones between components to minimise the impact of changing components is becoming key to the rapid delivery of value.
• Tomorrow’s excellence will be driven by iterative reinvention. Iterative innovation will become easier with the adoption of intelligent automation and adaptive AI/ machine learning. However, not only will this require a debt-free technical environment, it will also need an adaptive and scalable infrastructure. 

More insights are below.

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As organisations move away from traditional infrastructure towards a modern approach, they should re-think cybersecurity. With a strong CISO, the right talent and technology, it can become much easier to drive critical initiatives that secure and protect the enterprise.

In this Ecosystm podcast Sash Mukherjee, VP Content & Industry Research, Ecosystm is in conversation with Serge Christiaans, Chief Information Security Officer, Eurocontrail for an enjoyable and wide-ranging discussion on cybersecurity and the evolving landscape.

The discussion covers –

• The role of a chief information security officer (CISO)
• Importance of cyber compliance and data protection
• Strategies to mitigate security threats and risks

Organisations evaluating the business case for SD-WAN should consider the larger impact of improvements in resiliency, application performance, security, and agility. Sluggish service and outages are no longer just an inconvenience to employees but are also detrimental to customer experience, brand image, and production.

Download eBook – Unify and Secure Branches with SD-WAN

Organisations have had to transform and innovate to survive over the last two years. However, now when they look at their competitors, they see that everyone has innovated at about the same pace. The 7-year innovation cycle is history in today’s world – organisations need the right strategy and technologies to bring the time to market for innovations down to 1-2 years.

As they continue to innovate to stay ahead of the competition, here are 5 things organisations in India should keep in mind:

• The drivers of innovation will shift rapidly and industry trends need to be monitored continually to adapt to these shifts.
• Their biggest challenge in deploying Data & AI solutions will be identification of the right data for the right purpose – this will require a robust data architecture.
• While customer experience gives them immediate and tangible benefits, employee experience is almost equally – if not more – important.
• Cloud investments have helped build distributed enterprises – but streamlining investments needs a lot of focus now.
• There is a misalignment between organisations’ overall awareness of growing cyber threats and risks and their responses to them. A new cyber approach is urgently needed.

More insights into the India tech market are below.

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Southeast Asia has evolved into an innovation hub with Singapore at the centre. The entrepreneurial and startup ecosystem has grown significantly across the region – for example, Indonesia now has the 5^th largest number of startups in the world.  

Organisations in the region are demonstrating a strong desire for tech-led innovation, innovation in experience delivery, and in evolving their business models to bring innovative products and services to market.    

Here are 5 insights on the patterns of technology adoption in Southeast Asia, based on the findings of the Ecosystm Digital Enterprise Study, 2022.

• Data and AI investments are closely linked to business outcomes. There is a clear alignment between technology and business.
• Technology teams want better control of their infrastructure. Technology modernisation also focuses on data centre consolidation and cloud strategy
• Organisations are opting for a hybrid multicloud approach. They are not necessarily doing away with a ‘cloud first’ approach – but they have become more agnostic to where data is hosted.
• Cybersecurity underpins tech investments. Many organisations in the region do not have the maturity to handle the evolving threat landscape – and they are aware of it. 
• Sustainability is an emerging focus area. While more effort needs to go in to formalise these initiatives, organisations are responding to market drivers.

More insights into the Southeast Asia tech market below.

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