Where Finance Finds Its Future

By Future of Finance

The New Face of Finance, Where Finance Finds Its Future. Future of Finance has one overriding goal. It is to host meetings (at the moment virtual meetings) that bring together long established members... more

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FAQs about Where Finance Finds Its Future:

How many episodes does Where Finance Finds Its Future have?

The podcast currently has 182 episodes available.

Where Finance Finds Its Future episodes:

November 06, 2023Can the carbon credit markets institutionalise and tokenise at the same time?
The voluntary carbon credit market has emerged rapidly as a market-friendly way of combating climate change. It has attracted blockchain-based entrepreneurs that see carbon credits as ripe for tokenisation, in large part because a novel idea developed by people outside the traditional financial services industry has yet to develop an infrastructure capable of hosting issuers, investors and traders safely. Greenwashing, double-counting, lack of transparent prices, an absence of trustworthy intermediaries and even outright fraud are prevalent. Existing efforts to overcome the lack of information and integrity in carbon offset projects have not met with success but both policymakers and institutional quality infrastructure providers are now getting involved, and hopes are rising that the carbon credit market will grow rapidly. But there are formidable obstacles to overcome.

What topics will be discussed?
Carbon taxes are a mess (e.g., fossil fuels are subsidised as well as taxed, and at differential rates). Is that good or bad for the carbon credit market?
What is preventing the carbon credit market from growing?
Registries do not seem to have solved the integrity problem in carbon credit markets. What can (e.g., the ICVCM Core Carbon Principles (CCPs))?
Which bodies – securities or futures or commodities regulators – should regulate the carbon credit markets?
The Taskforce on Scaling Voluntary Carbon Markets (TSVCM) advocated “core” carbon spot and futures contracts as “reference contracts” for other carbon credits. Has that idea progressed?
Can and should carbon credit contracts be standardised?
Can existing securities and commodities market infrastructures play a role – or is a completely new infrastructure required?
How might carbon credit markets can be linked to ETS markets, potentially enhancing liquidity?
Is tokenisation an appropriate technology for the carbon credit market?
Does it make more sense to issue carbon credits natively on to a blockchain or to tokenise existing carbon credits?
Is the lack of digital money a problem in the tokenised carbon credit markets as it is in the other token markets (and, if so, are Stablecoins an answer?)
What might the carbon credits market of the near future actually look like?
How durable are carbon credits as an asset class? To what extent are asset managers and asset owners deluding themselves that sustainable investing can also deliver high returns (echoing politicians that dress up costs as benefits)?

Who is on the panel?

James C. Row, Founder and Managing Partner at Entoro Capital, LLC, a middle-market, traditional and alternative investment bank based in Houston, Texas, and CEO of Capturiant.
Deanna Reitman, Partner Head of Carbon and Commodities at DLA Piper
Sean Mullins, Senior Vice President – Digital Assets and Financial Markets at Northern Trust
Gbemi Oluleye, Assistant Professor (Lecturer), at Imperial College London
Moderated by Dominic Hobson, Co-Founder at Future of Finance
Hosted on Acast. See acast.com/privacy for more information.
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1h 6min
October 16, 2023 How R3 gets blockchain projects done
A Future of Finance interview with Co-founders of R3, Chief Technology Officer Richard Brown and Chief Strategy Officer Todd Mcdonald.

R3 first came to public attention in 2015 when a group of major financial institutions and technology vendors backed the company to work out how blockchain technologies could be applied to regulated financial markets. More than six years on, R3 is the established enterprise software company behind a host of live and soon-to-be-live blockchain-based networks across multiple asset classes. In that time, its founders have learned a great deal about how regulated financial institutions think about and adopt blockchain technology, the balance that must be struck between competition and collaboration, the importance of inter-operability between networks and how to build a business case within a major financial institution. Dominic Hobson, co-founder of Future of Finance spoke to two of the founders of R3, Chief Technology Officer Richard Brown and Chief Strategy Officer Todd Mcdonald, about their experience and their expectations for the future.
Hosted on Acast. See acast.com/privacy for more information.
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49min
October 05, 2023 Nasdaq explains how, CSDs and CCPs can evolve this technology and embrace tokenisation
A Future of Finance interview with Gerard Smith, vice president and head of product-digital assets, at Nasdaq (Marketplace Technology).

Financial market infrastructures (FMIs), from exchanges through central counterparty clearing houses (CCPs) to central securities depositories (CSD), must maintain a difficult balance between regulatory compliance, technological stability and operational resilience and the need to expand capabilities, contain costs and future-proof their franchises through technological transformation. A recent survey of post-trade developments, published by Nasdaq in conjunction with ValueExchange, found FMIs and their clients wrestling with what might be called the Tancredi Test: “If we want things to stay as they are, things will have to change.” Dominic Hobson, co-founder of Future of Finance, spoke to Gerard Smith, vice president and head of product-digital assets, at Nasdaq (Marketplace Technology), about what the survey tells us of FMI responses to budget constraints, user demands, T+1, AI and blockchain technologies and tokenisation.
Hosted on Acast. See acast.com/privacy for more information.
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44min
September 20, 2023 The first priority in data is to manage the compliance risk
A Future of Finance interview with Peter Gargone, CEO of Ntier Financial Services.

Data is now at the heart of every efficiency initiative in financial services: investing, trading, operations, risk management and compliance. The advent of blockchain and artificial intelligence (AI) and machine learning (ML) technologies are altering the nature of the relationship between data and technology, even as they make it easier to solve some age-old problems in data aggregation and management. Peter Gargone is CEO of Ntier Financial Services, a company he set up more than 20 years ago after experiencing at first hand the challenges investment banks faced in managing and using their data. Dominic Hobson, co-founder of Future of Finance, spoke to him about how regulatory demands are revealing new opportunities in the processing and integration of both internal and external data.
Hosted on Acast. See acast.com/privacy for more information.
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34min
August 09, 2023 UNTITLED GEN aims to become the Aladdin of the digital art market
In the minds of many, the digital art market is indelibly associated with Non-Fungible Tokens (NFTs), which boomed and then bust in 2021-22, accompanied by the further taint of money laundering and insider dealing. But art was digital long before OpenSea sought to democratise it and its future remains sufficiently rosy for Sotheby’s to have launched a peer-to-peer digital art market of its own in the Spring of 2023. What digital art has lacked is what the art market has lacked – namely, data on which to base valuations – and with less excuse than its analogue ancestor. After all, the digital art market is as surrounded and saturated by digitised data as any other market. But until now the digital art market has lacked not only its equivalents of Bloomberg or Reuters to provide the relevant data but the equivalent of BlackRock Aladdin to aggregate and analyse it. UNTITLED GEN, a quantitative investment advisory firm that is using artificial intelligence (AI) and machine learning (ML) to sift digitised data for information useful to digital artists and digital art investors, has emerged to plug the gap. Dominic Hobson, co-founder of Future of Finance, spoke to Clemens Wessendorff and Simon Zimmerman, the co-founders of UNTITLED GEN.
Hosted on Acast. See acast.com/privacy for more information.
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56min
July 13, 2023 InvestaX founder agrees that tokenisation is synonymous with institutional DeFi
InvestaX is a tokenisation platform for real and privately managed asset funds based – where else? – in Singapore, the financial centre that is doing more than any other jurisdiction to turn the idea of tokenisation into a reality. Like others in Singapore, including the regulators, the founders of InvestaX believe that DeFi innovations such as automated market-making have an institutional future – and not only because their experience dates back to the ICO boom of 2017-18, that intensely creative period in which the origins of tokenisation lie. To be part of its institutional future, InvestaX has secured operating licences from the regulators and chosen to work with regulated institutions on both the cash and custody sides of its business. And they are operating in the most progressive financial eco-system on the planet, where institutional DeFi is being built by regulators and regulated. Dominic Hobson, co-founder of Future of Finance, spoke to Alice Chen, co-founder, chief operating officer and general counsel at InvestaX.
Hosted on Acast. See acast.com/privacy for more information.
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57min
July 13, 2023 The mint that manufactures notes and coins in digital form
130 central banks around the world are now exploring the merits of issuing a Central Bank Digital Currency (CBDC) but as recently as 2015 not a single one was doing that, even though the idea of digital money dates back to the 1990s. The founders of eCurrency, on the other hand, a Dublin-headquartered company with deep roots in Silicon Valley, have been thinking about CBDCs ever since the great financial crisis of 2007-09. Unlike Satoshi Nakamoto, however, their concern was not to use technology to create a trustless, peer-to-peer alternative to the failed fiat currency system controlled by central bank and commercial bank intermediaries, but to rejuvenate central bank money by making it available to households and consumers via the Internet. eCurrency now offers a technology that enables central banks to mint a purely digital form of fiat currency that functions as a bearer instrument – an Internet version, if you like, of physical notes and coins. Dominic Hobson, co-founder of Future of Finance, spoke to Jonathan Dharmapalan, CEO of eCurrency.
Hosted on Acast. See acast.com/privacy for more information.
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49min
June 23, 2023What are you doing about regulated Stablecoins?
Download the Future of Finance Stablecoins Paper Now

Regulated banks are waking up to the threats and opportunities created by the decision to bring Stablecoins within the regulatory perimeter. In both domestic and international payments and securities markets, regulated Stablecoins offer liberation from the status quo as well as the threat of disintermediation. Where doing nothing is not a survivable option, understanding exactly what is going on is essential to the formulation of a viable strategy.

What topics were discussed?
Have Stablecoins escaped their origins in the cryptocurrency markets?
What makes Stablecoins unstable?
Are Stablecoins a vector of contagion that threatens financial stability?
How do tokenised deposits differ from Stablecoins?
How do Stablecoins create credit?
Could Stablecoins develop into a shadow banking system?
How will Stablecoins inter-operate with central bank digital currencies?
For banks, are Stablecoins friend or foe?
Do Stablecoins threaten non-bank incumbents in the payments industry?
How are Stablecoins being regulated in the major financial centres?
What is the capital treatment of Stablecoins?
Must non-bank issuers of Stablecoins secure banking licences?
Are Stablecoins the future of international and/or domestic payments?
Are Stablecoins the key to the growth of tokenised digital assets markets?
Are Stablecoins an end-state or an intermediate stage in the evolution of money?

Download the Future of Finance Stablecoins Paper Now

The panel

Gilbert Verdian CEO at Quant https://www.linkedin.com/in/gverdian/
Amarjit Singh Partner | EMEIA Assurance Blockchain Leader | Financial Services at EY https://www.linkedin.com/in/amarjit-singh-jeet/
Ricardo Correia Senior Technology Executive at R3 https://www.linkedin.com/in/ricardo-m-correia/
Keith Bear Fellow at the Centre for Alternative Finance at Judge Business School, University of Cambridge https://www.linkedin.com/in/keith-bear-2b7407/
Moderated by Dominic Hobson Co-Founder at Future of Finance https://www.linkedin.com/in/dominic-hobson-49b8222/

Hosted on Acast. See acast.com/privacy for more information.
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1h 5min
June 21, 2023 FundGuard offers asset managers a new way to fix their rising cost problems
The asset management industry has grown fat on a quarter-century of exceptionally loose central bank monetary policies. Ever-rising asset values have allowed managers to largely ignore shrinking fees, rising costs, failed outsourcing and offshoring arrangements and a long-term secular trend from high margin active investment strategies to low-margin passive alternatives. But now a combination of rising interest rates, the reversal of quantitative easing and geopolitical and market uncertainties have exposed a fragile business model, putting profitability on a downward trajectory. The threat has woken asset managers to the need for radical change. Vendors that once found it hard to interest the industry in new ways of generating revenue and cutting costs are getting more than a hearing – they are taking on clients. One of the newcomers is FundGuard, a Cloud-based software as a service platform for investment management and administration whose initial mission is to transform an area that once seemed immune to technological change: fund accounting. Dominic Hobson, co-founder of the Future of Finance, spoke to FundGuard president John Lehner.
Hosted on Acast. See acast.com/privacy for more information.
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51min
May 30, 2023 Montis is scripting more than one possible future for CSDs
The existence of Montis, which is building an infrastructure to support the issuance, settlement, safekeeping and servicing of digital assets, is a measure of the transformative potential of tokenisation. Yet Montis is also a measure of the curious lack of interest of most established central securities depositories (CSD) in tokenisation, as threat let alone as opportunity. The newcomer, unaffected by apparent setbacks in the CSD industry such as ASX and ID2s, is backed by a widening array of engaged incumbents as well as issuers and investors and operating in an increasingly supportive legal and regulatory environment. Dominic Hobson, co-founder of Future of Finance, spoke to Martin Watkins, chief executive officer at Montis Group Limited, about why Montis exists, what benefits it brings, what products and services it offers, how it is working with regulators and within evolving legal regimes, and how its positioning and strategy has adapted to the changing shape of the tokenisation opportunity set.
Hosted on Acast. See acast.com/privacy for more information.
...more
1h 45min

FAQs about Where Finance Finds Its Future:

How many episodes does Where Finance Finds Its Future have?

The podcast currently has 182 episodes available.

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