FinTech Magazine November 2019 | Page 56

LEADERSHIP
56 diction are making that possible .” Hansen explains that those businesses that are new to the market have an advantage over incumbents , their nimbleness and small scale allowing them to implement new technologies more rapidly than those legacy organisations that “ have the history and robustness of data , but just haven ’ t organised it to be useable ”. Some firms , he believes , can move quickly to define new solutions and capture markets , but “ some of the realities of the industry

“ WHOLESALE DATA AT CLOUD COST AND SCALE HAS MADE THE PREVIOUSLY IMPOSSIBLE – OR , AT LEAST , IMPRACTICAL – EASILY ATTAINABLE ”

Kris Hansen Chief Technology Officer Portag3 Ventures
NOVEMBER 2019