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Paolo Sironi

Global Research Leader Banking and Financial Markets - IBM Consulting, Institute for Business Value - Bestselling Author and International Speaker

Paolo Sironi is a distinguished figure in the financial services industry, currently serving as the Global Research Leader in Banking and Financial Markets at IBM Institute for Business Value.

With a background as a quantitative risk manager in investment banking and over 25 years of experience, Paolo is recognized as a leading voice in fintech globally.

He is the host of the renowned podcast 'The Bankers' Bookshelf', where he engages with authors and researchers on significant publications in the financial sector.

As a bestselling author, Paolo has written extensively on topics like quantitative finance, banking, and fintech innovation, including his latest acclaimed work 'Banks and Fintech on Platform Economies'.

Paolo's primary goal is to assist financial institutions in comprehending the current state of banking and the future of fintech to drive more informed business choices.

Highlights

Aug 29 · linkedin

🟣🟢🎧 September is upon us and it will open with another great show from THE BANKERS' BOOKSHELF - my monthly podcast series on Breaking Banks Europe dedicated to the authors and researchers of the most interesting publications.

And I'm happy to announce that in episode 10/244 - auronibg on Sept 2nd - I will be hosting none other than the founder of the Breaking Banks Fintech Podcast family, a friend of many years, an acclaimed author and living Fintech legend Brett King 🔥

We'll discuss the content of his next book, an updated and totally revamped edition of the BRANCH TODAY, GONE TOMORROW bestseller.

The book will also contain my contribution with Efi Pylarinou, for a chapter in which we discuss the present and future of banking branches in the European financial system.

Follow THE BANKERS’ BOOKSHELF with this link, we stream for free on Spotify, Apple and Youtube.

👉 https://lnkd.in/dq-e9Pdi


🟣🟢🎧 THE BANKERS' BOOKSHELF is inspired by authors and researchers of the most interesting books and papers which found a prominent space in the libraries of curious bankers and fintech entrepreneurs. They challenge business culture and technology expectations to help us understand the banking present and its fintech future - thus, make better-informed business decisions.

Aug 28 · linkedin

👉👉 I had the pleasure to meet with top Korean regulator Kim Byoung-Hwan, chief of the Financial Services Commission (FSC). He introduced my keynote for the opening ceremony of the Korea Fintech Week 2024 in Seoul.

In his speech, he vowed to relax regulations to move toward the artificial intelligence (AI) revolution and to ensure that the financial sector leads Korea's push to become one of the top three global leaders in AI.

Finding the right balance is not easy for regulators, especially now as things change very fast with technology.

In our recent CEO study by IBM Institute for Business Value we learned that:

🔴 66% of banks CEOs say the must accept significant risk to gain the potential productivity benefits of AI automation.

🔴 67% say they will take more risk to maintain their competitive edge given the advances in AI technology.

With this in mind, in my opening speech I connected governance and regulation to business transformation and technology innovation sourcing from our 2024 Global Outlook for Banking and Financial Markets (Go-BFM 2023).

A key message of the GO-BFM 2024 is about risk management.

In the 1990s and early 2000s I was head of quantitative risk management in investment banking. Banking CEOs used to say that “every banker is a risk manager” - risk being the core element of bank business models.

Now, I invite all banking CEOs that I meet to recognize that …

👉 EVERY BANKER MUST BE AN AI RISK MANAGER 👈

… to make sure they take on risks they can afford to compete, mapping risk appetite with risk capacity on well-governed IT architectures.


Download NOW the GO-BFM with this link, and let me know what you think in comments below:

📥 https://lnkd.in/ds29c4XT

#bankingindustry #fintech #ibm #korea

Paolo Sironi
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Location

Frankfurt, Hesse, Germany