Embed Size (px)
Citation preview
1
BBVA New Digital Business Tradestreaming Money Conference
NYC, November 14th 2016 Scarlett Sieber @ScarlettSieber
How is BBVA Approaching the Future?
Adapting to this New Ecosystem by Creating, Partnering and Investing in Disruptive Business Models
Open Platform
Internal Incubation
Strategic Partnerships
Digital M&A and direct investments
Venture Capital
29.5% stake
“BBVA will be a software company in the future,”
“I joined BBVA to build an Open API platform” [the] “AWS of Banking”
Shamir Karkal Head of Open Platform
“We are convinced that the key is to work very closely with the startup community to transform the financial services industry”
Carlos Torres BBVA CEO
Francisco Gonzalez BBVA Chairman
“We’re embracing the disruption, to play a part in it, actively lead it,”
Teppo Paavola Chief Development Officer
Open Platform Overview
Modularization of finance Enable new developments combining BBVA’s APIs, client’s technology and other building blocks
Open Platform Strategy as an Enabler Supporting financial innovation
API Client
BBVA Open API’s 3rd party API
BBVA Open APIs A unique set of services (banking product, compliance, risk, legal, etc..) Competitive advantage
API Client API Client
3rd party API
5
www.bbvaapimarket.com
Key Takeaways
- The way that we view banks and their role is changing - Move from competition to collaboration - Intra/Entrepreneurship is key to digital transformation
https://www.bbva.com/en/
@ScarlettSieber
www.linkedin.com/in/scarlettsieber
THANK YOU!
8
BBVA - Thinking Ahead Tradestreaming Money Conference NYC, November 14th 2016
