CIO Summit · Context Behind the Technology •growing demand for mobile banking solutions...

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CIO Summit innovate & lead, or respond & hope

Felipe Hillard

Head of Strategy & Digital | Barclays CIO Europe

03 December 2012

a 46-year march to the fun stuff

Barclays Bank PLC 2012 | the “cio” | All rights reserved

the 1000x story fundamental shifts in industry have happened

Barclays Bank PLC 2012 | the “cio” | All rights reserved

the 1000x story fundamental shifts in industry have happened

… but have you … or your teams

Barclays Bank PLC 2012 | the “cio” | All rights reserved

a world in accelerating change clear winners and losers emerge

-150%-100% -50% 0% 50% 100% 150% 200% 250% 300% 350% 400% 450% 500%

Apple

Amazon.com

Google

McDonald's

Ebay

H&M

Walt Disney

Intel

American Express

Target

News Corp

Cisco Systems

Barclays

HSBC Holdings

Citigroup

Dell

Sony

Royal Bank of Scotland

Nokia

% Change in Market Capitalisation (2006 to 31 Oct 2012) Company Position

(2006 → 2012)

93 → 1

906 → 43

49 → 6

134 → 63

179 → 86

216 → 105

97 → 62

41 → 40

91 → 83

148 → 127

102 → 93

23 → 59

58 → 114

11 → 50

4 → 39

129 → 321

173 → 427

38 → 200

74 → 486

Barclays Bank PLC 2012 | the “cio” | All rights reserved

its all coming together

Barclays Bank PLC 2012 | the “cio” | All rights reserved

its all coming together … so what

Barclays Bank PLC 2012 | the “cio” | All rights reserved

understanding the equation solve for everything

colleagues

uncontrollable

realities

economics

politics

technology

Barclays Bank PLC 2012 | the “cio” | All rights reserved

customers

partners

growing

expectations

r e g u l a t i o n

the “cio”

… hmm

+ x

2

forget the “box” different problems require different perspectives

hire people who know nothing

attack the typical

embrace time-to-market (ttm)

destroying the 2-yr project

customer interaction matters

why do they need you?

Barclays Bank PLC 2012 | the “cio” | All rights reserved

forget the “box” different problems require different perspectives

Barclays Bank PLC 2012 | the “cio” | All rights reserved

hire people who know nothing

attack the typical

embrace time-to-market (ttm)

destroying the 2-yr project

customer interaction matters

why do they need you?

what is your “dumb-pipe” scenario

Context Behind the Technology •growing demand for mobile banking solutions

• improve the customer experience, allowing P2P payments within the context of an existing and trusted banking relationship through any device

•extend to corporates

• incorporate new functionality (based on Customer feedback) into monthly roadmaps

~£65.00 Avg. Payment

Expanding the Capability

4.5 stars Apple App Store

1,250,000+ Downloads

500,000+ Activations

£59 million+ “pinged”

Barclays Pingit delivering innovation – fast

Barclays Bank PLC 2012 | the “cio” | All rights reserved

•Remove dependency on Authorized User 1 slot for PayTag (Strategic IT solution implementation)

• to the maximum number of customers possible

For use at all contactless POS

Contactless payment

up to £20* 15% increase in

average spend

Up to 1,000,000 PayTags in market

•“stuck” to any Mobile phone & works like a contactless credit card

•all London buses & at all contactless POS terminals

Context Behind the Technology Expanding the Capability

Barclaycard Paytag delivering innovation - simply

Barclays Bank PLC 2012 | the “cio” | All rights reserved

what does the future hold …

Barclays Bank PLC 2012 | the “cio” | All rights reserved

thank you! enjoy the next few days

felipe.hillard@barclays.com

Barclays Bank PLC 2012 | the “cio” | All rights reserved

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