FinTech Magazine June 2020 | Page 42

11 : FS - leadership
FINTECH

Let ’ s focus on getting to the 2 % mark first …”
— David M . Brear , Group CEO , 11 : FS
11 : FS - leadership
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transformation is really difficult and we shouldn ’ t underplay the challenge facing the CEOs of many of those more established banks . The biggest advantage of partnerships is the unlocking of that new way of doing things that is just so critical to be able to evolve with the direction the industry is taking .”
Partnerships have proven fruitful for 11 : FS too , specifically with regards to 11 : FS Foundry . The project , which has been undertaken in collaboration with DNB , is a modular , ledger-first set of components that allows the building of
JUNE 2020