458: TD Ameritrade CIO Vijay Sankaran discusses how TD Ameritrade approaches innovation. The company looks to apply a systematic design thinking process to innovation and seeks to understand the problem it is trying to solve. It then determines  what the internal or external consumers pain points are , apply a disciplined discovery approach to understanding those pain points, experiment with what the best possible solution is for that pain point, and then experiment through a set of tests, develop a minimum viable product, and generate feedback to cultivate a solution that best addresses those pain points for the consumer. We also discuss the Discotech incubator, how Vijay used his experiences at a complex organization such as Ford to be successful in his new post at TD Ameritrade, how the company uses artificial intelligence, among other topics.