MWE SHORT: Peter Fredriksson – Stockholm: The Origin and Global Leader of Transaction Technology

Peter Fredriksson, chairman of the board of Baymarkets, says OM, the company that eventually became Nasdaq OMX, basically invented transaction technology. In his view, Stockholm and more broadly, Sweden, have been pioneers in automating the financial markets and making them more efficient.

Stockholm was even early in the exchange merger and acquisition space, paving the way for OM to acquire the Stockholm Stock Exchange. And that led to industry innovators like ORC (now Itiviti), Sungard (now FIS) and TriOptima (now part of NEX Group) to grow. The next FinTech boom will be in “RegTech,” Fredriksson says, as firms grapple with US and European regulations after the 2008 financial crisis. He also sees opportunities across the whole transaction chain: pre-trade, post-trade and clearing.



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MWE SHORT: Ben Van Vliet – The Nature of Competition

MWE SHORT: Ben Van Vliet – The Nature of Competition

“You can’t tell Derrick Rose or LeBron James he’s not allowed to fake out an opponent.”

Ben Van Vliet, Assistant Professor and Associate Director at the Illinois Institute of Technology, discusses the nature of competition in the financial industry and the impact of deception in the markets.

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