FinTech Magazine September 2019 | Page 44

LEADERSHIP
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TO WATCH : ‘ ANDY LI - CEO OF SILOT . AI ’
44 nologies and platforms must be trusted by end-users . “ The first thing we need to solve is not the technology to deploy into the product environment , but how we can build a level of confidence in that technology .” Li also stresses that it ’ s vital to ensure new technologies are introduced for the right reasons . “ The next step is the suitable technology in the suitable use case . Traditionally , there are lots of industry players that help banks by building a very strong solution for a use case – like the arm of the business .”
Where Silot . AI comes in is not just supplying technology or selling solutions , but in partnering with organisations to enable them to adapt to a new financial landscape . While founded in China , the organisation operates in other markets across Asia . “ The first challenge is trust ,” says Li . “ How can we ensure major industry players , especially the major banks in different countries , trust us ? The next thing is industry growth and our perception of how well a particular technology will impact this industry ,” he adds .
SEPTEMBER 2019