7th Annual Banking Innovation ForumVienna - 16 April 2015

@petervan

InnovationFrom Tactics to Strategy

Inspire other peopleto dream

How To Make Babies?

THINKDIFFERENTLY

Bravery

Prototyping

Innovation at SWIFT 13

internal

external

STAFF

PARTNERS

MEMBERS

LABS

EVENTS

BRAND RECOGNITION

CHALLENGES

GARDENS

INNOTRIBE.COM

SCOUTING

Internal

Ventures/Prod Mgt

External

Ventures/Spin-Off

Our

Existing

Market

Our

New

Markets

Others’

Markets

Others’

Markets

EXTERNAL INSOURCING DROP

Discover EvangelizeOrient POC Incubate ImplementIdea

Mgt

Events

CreatingSpaces where

People come Alive

2015 Innotribe@Sibos programme

Day 2Society

Day 1Platforms

Day 4Machine Intelligence

InnoTRIBE HubNext to SWIFT Stand

2015 Startup ChallengeGrand Finale on Day 3

Day 3Innovation Mindshifts

PowerwomenMillenials

Startups

2014 Global innovation areas

Startup Challenge 2015

+340applicants

+500judges

47semi-finalists

4showcases

1final

15finalists

152 eligibleapplicants

1winner

Eligibilityprocess

167 eligibleapplicants

60semi-finalists

20finalists

1winner

2015 at a Glance

North America

33%

United Kingdom

18%

Continental Europe

18%

Africa13%

Asia 10%

Australia &Oceania

5%

Middle East3%

SINGAPORE

28 May

CAPE TOWN 6 May

NEW YORK

18 June

LONDON 22 April

370APPLICATION BREAKDOWN

REGIONALSHOWCASES

STARTUPS APPLIED

TOP 10 AREAS OF INNOVATION

Lending Payments Big Data New Banks Corporate Business Services

Investment Management e-Commerce Personal Management Financial Education Forex

DIVERSITY

77% 23%A 43% annual growthsince 2013

2015 Global Innovation Areas

Alumni

SEA OF CHANGE

• Tech: – SMAC: Social, Mobile, Analytics, Cloud

– Platform, APIs, Horizontal Sourcing

– Data, Automation, Security, Disintermediation, Crowds

• Non-Tech– New expressions of value: alternative/complementary currencies,,

cred, influence, information assets

– Banking as a platform, Everything as a Service

– New Economies (P2P, Sharing, Attention, Reputation,…)

– Crowd-everything (Credit Cards, Funding, Investing, etc), from Silo to Open

UNDERSTREAM

FinTech scene is hot, red hot

• Q4 2014: 214 Deals

• 2014: 211 acquisitions

• 2014: Global Investment 2.8B USD in FinTech

• 2018: Global Investment 8 B USD in FinTech

• 1,000 FinTech startups in 17 categories

• 3,000 FinTech startups out there

Source: Silicon Valley Bank, Accenture, Venture Scanner Status: Feb 2014

100M Dollar Club

• Sberbank: 100M• Santander: 100M• BBVA: 100M• HSBC: 200M• Citi Ventures: undisclosed• Wells Fargo: undisclosed• Deutsche Bank: undisclosed• Barclays: Techstars Lab• JPMC: 3M, closing 300 branches

MYTHS

Myth ofNO RULES

Rules No Rules

Rules of Engagement – Methods – Culture - People

?

Myth ofALIGNMENT

10 QUESTIONSHow Real is Your Innovation?

http://petervan.wordpress.com/2013/06/08/10-questions-to-assess-your-innovation-efforts/

Myth ofOPEN INNOVATION

THEINNOVATION

PROBLEMIN BIG ORGS

This is the problem…

internal

external

STAFF

PARTNERS

MEMBERS

LABS

EVENTS

BRAND RECOGNITION

CHALLENGES

GARDENS

INNOTRIBE.COM

SCOUTING

Internal

Ventures/Prod Mgt

External

Ventures/Spin-Off

Our

Existing

Market

Our

New

Markets

Others’

Markets

Others’

Markets

EXTERNAL INSOURCING DROP

ClarityVision and Intention

What it enablesFocus

ExecuteShip

Get OUT of the Sandbox

ExecutionEngine

CatalisingEngine

BehaviourEngine

3 Innovation Engines

Tactics -> Strategy

CAPABILITIES

KPI -> KCI

Top 10 Areas of Excellence in Key Capability Indicators (KCIs)

more than twice the average and 4 times the 5th decile

• Thinking as a platform business

• Having or planning open APIs

• Having executives with founder experience

• Engages in open source initiatives

• Makes use of externalized skills and labor sources

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Second order excellence in KCIs, twice the average and twice the 5th decile

• Using the Cloud

• Developing federated services

• Still retaining founders on executive team or board

• Having a crypto-currency strategy

50

Second order excellence in KCIs, twice the average and twice the 5th decile

• Making use of lean or labs

• Basing decisions on constant feedback loops

• Acquisition of software companies

• Having some form of public facing ideation process

Embedding

Strategy(Trends)

Capabilities(Platform)

NPD

Stim

ula

te(E

ven

ts)

Leve

rage

(Ch

alle

nge

s)

Shar

e(O

uts

ide

-In

)

BrandAssociations

Levers

What it does

Stay

on

th

e Ed

ge

Val

idat

edIn

no

vati

on

s

Lear

nin

g O

rgan

izat

ion

What it enables

Enablers

HeadsInnovation

Other Circles

SWIFTLAB

Dis

cove

r(S

trat

egic

C

on

vers

atio

ns)

Tho

ugh

t Le

ader

shipInside-Out Outside-In

Focus

Want to follow us?

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Twitter feed @Innotribe #Innotribe

Website wwww.innotribe.com

SWIFT showcase page www.linkedin.com/company/innotribe

Videos www.youtube.com/innotribe

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Explore new ways of doing business, collaborate with the right people, and make things happen

Thanks

@petervan

Let’s Talk

@petervan