ROUND UP REPORT Date Monday 10thTuesday 11th April 2017 Venues: Guildhall and City venues London
www.ifgs2017..com | #IFGS2017 Platinum Sponsor
Innovate Finance is an independent membership association that represents the UK’s global FinTech community. Founded in 2014 with the support of the City of London and Canary Wharf Group, Innovate Finance is a not-for-profit that aims to accelerate the country’s leading position in the global financial services sector by directly supporting the next era of technology-led financial services innovators, whether they be a young startup or an established industry player. This is achieved through curated programmes based on member requirements, policy working groups and promotion through global press and social media.
The goal is to create a single point of access across the sectors to help foster enabling policies, regulation, talent development, business growth opportunities and investment in the UK - and, most importantly, to create a global finance sector that offers services that are more sustainable, more inclusive and better for everyone. Innovate Finance currently has more than 250 global members ranging from seed start-ups and technology firms to global financial institutions and professional services firms. Innovate Finance serves its members’ interests by engaging in political and legislative lobby, attracting investment capital, and “telling the FinTech story” to the world. It is the largest single gateway and network for the global FinTech community. In 2016 Innovate Finance, in partnership with Innotribe, SWIFT’s innovation arm, announced the launch of the Global FinTech Hubs Federation (GFHF) to help foster innovation across the world’s financial services industry. As an independent and inclusive global network of FinTech hubs, GFHF aims to fulfil the need within the international FinTech community to create a cross border and open platform that brings together emerging and established hubs.
www.innovatefinance.com
Lead Sponsor:
Founding Sponsor:
Round up Report
Contents In Numbers 4 Sponsors and Partners 5 Exhibitors 7 Press 8 Summary 9 Delegation 10 Speakers
11
The Great Hall 12 The Livery Hall 13 Exhibitors Area 14 International Village and Global Regulators
15
Breakouts Day One 16 Breakouts Day Two 17 Fringe Events 19 Pitch360 20 Press and Earned Media 22 Social Media Analysis 23 Mapping the Community at IFGS 2017
24
Contact 25
3
Innovate Finance Global Summit 2017
98% POSITIVE & NEUTRAL TONE
OF COVERAGE
C-SUITE, BOARD OR PARTNER
4.6
40%
DELEGATE
PLATINUM SPONSOR
25
C-SAT SCORE
555m+
AGGREGATE READERSHIP
70+
PIECES
OF PRESS
GLOBAL
COVERAGE
REGULATORS
2
13 GL BAL
EXHIBITOR
HUBS
268 MEDIA MENTIONS
DAYS
90
PRESS
24
ATTENDEES
2000+
ATTENDEES
START-UP AND PARTICIPANTS
9
400
WORKSHOP
MEMBER
8
I N NU M B E R S
11 MILLION
ROUNDTABLE
SESSIONS
143
#IFGS2017
8K+
IMPRESSIONS
WORKSHOP ATTENDEES
SESSIONS
REPRESENTATIVES
HASHTAG
500
TOTAL SPEAKERS
TWEETS
110 2 STAGES
TRENDING
NO. 1
ON
9 FACEBOOK
LIVE
17
FRINGE
ATTENDEES
4
GREAT HALL
& LIVERY HALL
FRINGE EVENTS
288
INTERVIEWS
500
EXHIBITORS
11
ROUNDTABLE
VENUES ACROSS
LONDON
ATTENDEES
Round up Report
SPONSORS AND PARTNERS Platinum
Deloitte
Lead Media Partner
The Wall Street Journal
Gold
freuds
IBM
Hogan Lovells
Intel
MasterCard
Level39
Silver
Abu Dhabi Global Market
Allen & Overy
Bahrain EDB
Data Robot
Debevoise & Plimpton
Hong Kong FinTech
Hong Kong Trade Development
Hub Culture
Leathwaite
LLoyds Banking Group
Monitise
Prophet
RateSetter
Scottish Development International
Bronze
Bird&Bird
Anthemis and Erevena
Ixaris
Streets Consulting
Community Partners
Xignite
5
Innovate Finance Global Summit 2017
Ixaris
Anthemis and Erevena
Bird&Bird
Xignite
Streets Consulting
Community Partners
500 Startups
Milken Institute
DataSpartan
Rainmaking Innovation
Barclays Rise
Warwick Business School
Programme Partners
Bill and Melinda Gates Foundation
Chatham House
MIT Connection Science
Nesta
Omidyar Network
World Economic Forum
International Hubs
Flanders Investment & Trade
Copenhagen FinTech
Invest Northern Ireland
Leeds City Region Enterprise Partnership
Luxembourg House of Financial Technology
Kickstart Accelerator
Event Partners
Banking Technology
City A.M.
FinTech Weekly
6
Breaking Bank
BrightTalk
Breaking Bank
FinTech ProďŹ le
India FinTech Forum
Onalytica
City Of London
International Business and Diplomatic Exchange
Paris FinTech Forum
Buisness Insider
Politico
TechCrunch
Round up Report
IFGS 2017 EXHIBITORS AND INNOVATE FINANCE MEMBERS
7
Innovate Finance Global Summit 2017
PRESS IN ATTENDANCE Over 90 members of the global press attended the event
8
Round up Report
IFGS 2017 SUMMARY FinTech innovators and leaders from across the world were brought together for the annual Innovate Finance Global Summit on the 10th - 11th April. In the historic setting of the Guildhall in London, the summit convened for two days and explored the opportunities, challenges and future of the FinTech sector, not just in the UK but globally. Over 2000 delegates attended across the two days, with 40% at a c-suite, board or partner level. Day one played host to keynotes, spotlights, panel sessions and fireside chats in the Great Hall and Livery Hall. A dedicated Exhibitor Pavilion highlighted over 100 Innovate Finance members and industry organisations, providing unrivalled networking opportunities. Roundtables and workshops by world renowned programme partners took place around the venue addressing themes such as financial regulation, sandboxes and financial inclusion. We were delighted to welcome Sir Tim Berners-Lee as this year’s headline speaker. He engaged in a fireside chat with Innovate Finance Chairman Alastair Lukies on FinTech, the impact of the World WideWeb on society, innovation and what the future might hold. Day two was dedicated to the startups and organisations shaping the future of FinTech. The inaugural Pitch360 competition attracted over 1000 delegates on the day and showcased 24 FinTech startups across eight verticals. Breakout sessions, office hours and fringe events were hosted throughout the day and spread the FinTech conversation across London’s Square Mile. IFGS 2017 truly was a festival of FinTech, convening global FinTech hubs, startups, regulators, investors, industry organisations, financial institutions, global media outlets and tech giants to the home of FinTech: London.
PLATINUM SPONSOR LEAD MEDIA PARTNER
17 FRINGE EVENTS 27
PARTNERS
26
SPONSORS
2000+
C-SUITE, BOARD AND PARTNER S
40%
2
EVENT DAYS
ATTENDEES 9
Innovate Finance Global Summit 2017
c-suite, Board and Partners
DELEGATION
40%
IFGS 2017 attracted over 2000 delegates from across the world with 40% at c-Suite, board or partner level. While the UK dominated as the main domicile, the event brought together representatives from every major continent. The United States and the United Arab Emirates followed the UK in delegate numbers. Delegates by Geography
UK 1630
NORTH AMERICA 90
LATAM 11
EUROPE 130
MIDDLE EAST 21
AFRICA 6 SOUTH AMERICA 7
AUSTRALIA 3
2015
4. 2
IFGS 2016
4.1
IFGS 2017
4.6
2017
REGIS TERED
REGIS TERED
AT TENDED
AT TENDED
AT TENDED
1616
2394
825
1400
2053
VIPS
VIPS
VIPS
150 10
2016
REGIS TERED
1001
Event CSat Score
IFGS 2015
ASIA 55
180
216
Round up Report
SPEAKERS
143
Over 140 speakers joined panel discussions, spotlights and fireside chats to explore the trends shaping FinTech’s future and the challenges and opportunities facing financial services.
TOTAL SPEAKERS
2 STAGES
Headline Speaker
GREAT HALL
Sir Tim Berners-Lee, the Inventor of the World Wide Web, engaged in a fireside chat on FinTech, the impact of the Web on society, innovation and what the future might hold.
“
& LIVERY HALL
You will have an almost survival of the fittest between AI companies of the future. How do you regulate that? How do you make sure they are being fair? How do you describe to a computer what fair means anyway? Sir Tim Berners-Lee the Inventor of the World Wide Web, at IFGS 2017
Keynotes IFGS 2017 was opened by a host of keynote speakers including James O’Riordan, Senior Partner and UK Financial Services Leader at Deloitte and Nick Ogden, Executive Chairman at ClearBank. We were delighted to have Lord Holmes Richmond MBE deliver the closing keynote.
Welcome Remarks Mark Boleat Chairman, Policy and Resources Comittee City of London Corporation
Opening Keynote James O’Riordan Senior Partner and UK Financial Services Leader Deloitte
Keynote
Closing Keynote
Nick Ogden Executive Chairman ClearBank
Lord Holmes Richmond MBE
To view all IFGS 2017 speakers please go to www.ifgs2017.com/speakers 11
Innovate Finance Global Summit 2017
THE GREAT HALL The impressive Great Hall stage, compèred by broadcaster Katie Derham, played host to six key sessions looking at the macro and micro of FinTech. From the impact of Brexit, Trump and globalisation to the potential of quantum computing, fireside chats and panels were driven by the exciting possibilities of the future and the challenges of the present. Opening the day, Lawrence Wintermeyer, CEO at Innovate Finance and Mark Boleat, Chairman of Policy and Resources Committee at the City of London Corporation, set the FinTech scene both globally and in the UK. James O’Riordan, Senior Partner and UK Financial Services Leader, at Deloitte and Nick Odgen, Executive Chairman at Clearbank, brought the industry perspective and imparted the importance of commitment, perseverance and collaboration to the future of FinTech. The release of the interim Global FinTech Hubs report was outlined by Deloitte’s Louise Brett, Head of FinTech, and showcased FinTech’s truly global footprint. Chris Woolard, Director of Strategy and Competition at the FCA, emphasised the importance of international FinTech cooperation through FinTech bridges and announced their commitment to regional FinTech growth in the UK. Highlights included a powerful fireside chat by Sir Tim Berners-Lee and an insightful panel discussion moderated by Ilyas Khan, Founder and CEO at Cambridge Quantum Cimputing, on one of FinTech’s hottest topics: artificial intelligence and machine learning. The day was closed with a look into cyberspace and the challenge of security and legislation with City of London Police Commissioner Ian Dyson and Darktrace EMEA CEO, Poppy Gustafsson. The Great Hall closing keynote was delivered with resounding impact and poignancy by Lord Holmes, Richmond MBE. To view all Great Hall sessions click here
12
6
53
KEYNOTES
SPEAKERS
11
MODERATORS
3
FIRESIDE CHATS
7 PANELS
2
SPOTLIGHTS
Round up Report
THE LIVERY HALL The Livery Hall featured six sessions addressing the themes driving the global FinTech ecosystem. Opening the day blockchain was dissected in a firechat side between broadcaster compère Andrea Catherwood and Peter Randell, CEO at SETL.io. With global FinTech attracting $17.3bn in 2016, shining a spotlight on FinTech investment figures Mariano Belinky, Managing Partner at Santander Innoventures, Sheel Mohnot, Partner at 500 startups, Tim Levene, Managing Partner at Augmentum Capital and Chris Adelsbach, Managing Partner at Techstars, tackled the emerging trends. Inspecting the growing collaboration between technology giants and banks, session three brought together innovators such as Daniel Aranda, Managing Director at Ripple, Dave Birch, Director of Innovation at Consult Hyperion and Celine Lazorthes, Founder and CEO at MangoPay, to discuss the importance and potential impact of open banking. The final sessions in the Livery Hall highlighted the growth areas in Insurtech and financial wellness as delegates heard from Giovanni Daprà, CEO at Moneyfarm and Phoebe Hugh, Co-Founder at Brolly. Closing the day, Rhydian Lewis, CEO at RateSetter, Viola Llewellyn, Co-Founder and President at Ovamba and a host of other innovators looked at ‘crossing the chasm’ as alternate finance’s mission to become mainstream was explored. To view all Livery Hall sessions click here
7
6 PANELS
31
SPEAKERS
MODERATORS
2
SPOTLIGHTS
3
FIRESIDE CHATS
13
Innovate Finance Global Summit 2017
EXHIBITOR PAVILION AND INNOVATE FINANCE MEMBERS Exhibitors The Old Library hosted over 100 exhibitors across the two days with Deloitte and IBM constructing their own impressive stands. FinTech startups, high growths, financial institutions and Pitch360 participants manned their own dedicated stalls, creating a fantastic space to network, discuss and collaborate with members, delegates, speakers, partners and event sponsors.
110 EXHIBITORS
Innovate Finance Members Innovate Finance is proud to represent our members and the Global Summit plays an important role in showcasing their innovations to a global audience. We had over 400 member representatives attend the event, with many also exhibiting on day one, contributing to panel sessions in the Great Hall and Livery Hall and participating in the inaugural Pitch360.
400
MEMBER
To view all exhibitors click here
INSTITUTIONS
14
70% START-UPS HIGH GROWTH
AND
30%
REPRESENTATIVES
Round up Report
INTERNATIONAL VILLAGE AND GLOBAL REGULATORS This year the Global Summit brought together a truly international delegation. Innovate Finance hosted 13 emerging and established FinTech hub exhibitors and over 20 hub representatives across six continents. The summit provided a collaborative environment to convene global FinTech stakeholders. The summit was also joined by regulators from around the world with many featured in sessions on the Great Hall stage and in roundtables and workshops throughout the two days. Participation by global regulators culminated in a well attended regulatory dinner with the FCA on Wednesday 12th April.
13 GL BAL
EXHIBITOR
HUBS
25
GLOBAL REGULATORS
15
Innovate Finance Global Summit 2017
BREAKOUTS DAY ONE This year Innovate Finance worked closely with our programme partners and sponsors to deliver breakout sessions across the event. Day one saw roundtables and workshops covering themes from global approaches to RegTech to banking the two billion.
Roundtables
5
ROUNDTABLE
SESSIONS
Roundtable sessions on day one addressed some of the ‘big ideas’ in Fintech. Nesta explored the future of open banking, while the World Economic Forum assessed the role of cognition automation in finance. Innovate Finance brought to life the ‘FinTech Big Bang’ and Chatham House and Omidyar Network discussed US economic, financial and digital policy and the challenges faced by global regulators.
160
ROUNDTABLE
ATTENDEES
Workshops Through interactive and discursive sessions, day one workshops explored cross-sector issues. From the construction of successful sandboxes with MIT, the innovation of capital markets with Deloitte to the banking of the two billion globally with the Bill and Melinda Gates Foundation, the day showcased the potential and promise of greater innovation and collaboration.
4
WORKSHOP
SESSIONS
240
WORKSHOP ATTENDEES
16
Round up Report
BREAKOUTS DAY TWO Throughout day two the Global Summit played host to a range of roundtables, workshops, office hours and networking events by our sponsors. Delegates and members were able to participate in breakfast panel discussions, one-to-one office hours and oxford-style debates.
Roundtables A diverse range of themes featured in day two roundtables. Hogan Lovells continued the regulatory debate while DataRobot ran a session focussed on automated machine learning. The day was closed with Leathwaite and Freuds who approached maximising business growth and mastering effective communication in FinTech.
3
ROUNDTABLE
SESSIONS
128
ROUNDTABLE
ATTENDEES
5
WORKSHOP
SESSIONS
Workshops Day two workshops were a testament to FinTech’s interdisciplinary make-up. Attendees had the chance to discuss design implementation with market leader IBM, interrogate the preparations and best practice needed for IPOs with Allen and Overy and understand the challenges to scaling a business with L39. The day was concluded with a session by Prophet on the ‘secret sauce’ for FinTech success: brand relevance.
260
WORKSHOP ATTENDEES
17
Innovate Finance Global Summit 2017
BREAKOUTS DAY TWO Networking Events Taking place outside of the Guildhall on the morning of day two, three networking events were hosted by our sponsors. Anthemis kicked off the day with a breakfast dedicated to #hackingfinance and Bahrain Economic Development Board brought to life Bahrain as a global Islamic FinTech hub. The morning was concluded with a fascinating session by Lloyds Banking Group, looking at financial wellness from the perspective of FemTech Leaders.
3 EVENTS
NETWORKING
226 ATTENDEES
NETWORKING
EVENTS
Office Hours The global summit also provided select members and delegates the chance to meet our sponsor organisations in one-to-one office hours. Taking place across the venue, these sessions helped foster greater collaboration and offered a way of making new connections.
18
10 HOURS OFFICE
Round up Report
FRINGE EVENTS Involving partners from across the community in the build up and on day two of IFGS 2017 was an important part of connecting the ecosystem and promoting greater collaboration. Our partners hosted some thought provoking and well attended sessions and helped drive the FinTech conversation across the Square Mile.
GLOBAL FINTECH HUBS FEDERATION
11
VENUES
ACROSS
LONDON
17
FRINGE EVENTS
500+
FRINGE EVENT
ATTENDEES
19
Innovate Finance Global Summit 2017
Sponsored by:
The inaugural Pitch360 was a resounding success. With more than 1000 delegates in attendance Innovate Finance showcased 24 of the most exciting startups across a range of verticals. The overall winner of the competition was Guard Square, a cyber security firm based in Belgium. ARTIFICIAL INTELLIGENCE
CATEGORY WINNER
FINANCIAL INCLUSION
CATEGORY WINNER
BLOCKCHAIN
PERSONAL FINANCE
CATEGORY WINNER
CROSS BORDER PAYMENTS
CATEGORY WINNER
P2P AND ALTERNATIVE FUNDING
Fint
CATEGORY WINNER
CATEGORY WINNER
CYBER SECURITY
REGTECH
CATEGORY WINNER 20
OVERALL WINNER
CATEGORY WINNER
Round up Report
Hosts
Edie Lush Executive Editor Hub Culture
Monty Munford Founder Mob76
Mike Sigal Partner 500 Startups
Judges
Brett King Speaker, Startup Founder, Bestselling Author, Radio Host Breaking Banks
Kosta Peric Deputy Director, Financial Services for the Poor at Bill and Melinda Gates Foundation
Maria Gotsch President and CEO, the Partnership Fund for New York City
1000
24
Rumi Morales Executive Director and Head, CME Ventures at CME Group
Wim De Waele CEO B-Hive Europe
8
CATEGORIES
ATTENDEES
1 WINNER
START-UPS
6
MINUTES TO PITCH
21
Innovate Finance Global Summit 2017
PRESS AND EARNED MEDIA IFGS 2017 received significant media interest from a broad range of international publications and news sources including: BBC World Service, Financial Times, Associated Press, FT Banker, The Economist, Reuters, Wall Street Journal, Financial News, Business Insider UK and City AM.
555m+
AGGREGAT E READERSHI P
70+
PIECES
OF PRESS
COVERAGE
268 MEDIA
MENTIONS TONE OF COVERAGE 2% Negative
90
98% Positive & Neutral
22
PRESS
ATTENDEES
Round up Report
SOCIAL MEDIA ANALYSIS IFGS 2017 left an impressive social media footprint. The active use of the #IFGS2017 hashtag on both days of the event and the #Pitch360 on day two, resulted in #IFGS2017 trending No. 1 on UK Twitter throughout the event, with #Pitch360 trending No. 2 on day two. When combined, the total number of hashtag impressions reached over 16 million on a global scale.
SHARE OF TOPIC
InsurTech 4%
Digital Identity & Inclusion 4%
11 MILLION
#IFGS2017
HASHTAG IMPRESSIONS
FinTech Hubs 6% FinTech & London 7%
Brexit 21%
8K+
TWEETS Start-ups 8%
Regulation/ Policy 16%
AI & FinTech 14%
NO. 1
ON
Blockchain 9% RegTech 11%
TRENDING
5 MILLION
#PITCH360
HASHTAG
2000 LIKES
& RETWEETS
640 NE W FOLLOWERS
IMPRESSIONS
9 FACEBOOK
LIVE
INTERVIEWS
5000 NEW
FOLLOWERS 23
Innovate Finance Global Summit 2017
MAPPING THE COMMUNITY AT IFGS 2017 See the brands and individuals leading the discussion at IFGS 2017 and the top 10 organisational influencers. For the full report click here.
Source: Onalytica 2017
24
Round up Report
CONTACT LAWRENCE WINTERMEYER CEO e:
ABDUL HASEEB BASIT CFO
lawrence@innovatefinance.com
e:
abdul@innovatefinance.com
JANINE HIRT
DANIEL MORGAN
Ecosystem Director
Policy & Regulation Director
e:
e:
janine@innovatefinance.com
daniel@innovatefinance.com
MISHA RAO Global Development Director and IFGS 2017 Curator e:
misha@innovatefinance.com
DAVID BEER Head of Partnerships e:
david@innovatefinance.com
HAYLEY BROMILOW Head of Events e:
hayley@innovatefinance.com
GEORGIA HANIAS
DEA MARKOVA
Head of Global Communications and Diversity Programmes
Head of Programmes
e:
georgia@innovatefinance.com
PAUL RIDER Head of Commercial e:
paul@innovatefinance.com
e:
dea@innovatefinance.com
CAROLINE VAUGHAN Head of Network Relations e:
caroline@innovatefinance.com
25
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