Build vs. Buy

Chris Dean, Co-founder & CEO, Treasury Prime


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In episode 23, Mang-Git chats with Chris Dean, Co-Founder and CEO of Treasury Prime. Chris shares his journey from machine learning researcher to serial entrepreneur, culminating in the founding of Treasury Prime. The discussion covers Treasury Prime's unique business model, which focuses on providing APIs to banks for managing FinTech relationships safely. They delve into the complexities of the American banking system, the challenges of ensuring safe money management, and the merits of building versus buying solutions. The conversation also touches on the use of AI in enhancing productivity and the future of FinTech integrations. 

00:00 Introduction  

02:03 Chris Dean's Background and Journey 

05:17 Founding Treasury Prime 

07:37 Treasury Prime's Unique Business Model

15:18 Challenges and Decisions in FinTech

20:39 Building a Robust Workflow System 

23:45 Handling System Failures and Retries 

25:32 Reconciling Financial Discrepancies 

26:03 AI in Banking Operations 

28:22 Regulatory Challenges and Opportunities 

32:09 The Importance of Optionality 

32:42 Personal Insights and AI Tools 

38:50 Conclusion and Future Outlook

This episode was brought to you by Anvil [https://useanvil.com].

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Build vs. BuyBy Mang-Git Ng