WEBVTT 1 00:00:00.000 --> 00:00:03.290 (upbeat music) 2 00:00:03.290 --> 00:00:08.090 The FinTech industry continues to move at supersonic speed, 3 00:00:08.090 --> 00:00:11.070 with one record breaking year after another. 4 00:00:11.070 --> 00:00:14.000 From the number of startups coming to the market 5 00:00:14.000 --> 00:00:17.000 and the funding and valuations they attract, 6 00:00:17.000 --> 00:00:20.470 financial institutions have made FinTech a priority, 7 00:00:20.470 --> 00:00:23.240 technology companies have made it a target, 8 00:00:23.240 --> 00:00:27.550 and adjacent industries have begun to tap into its power. 9 00:00:27.550 --> 00:00:31.013 This pace brings with it some critical challenges. 10 00:00:33.740 --> 00:00:35.560 Companies must find a way to steer 11 00:00:35.560 --> 00:00:38.840 through an increasingly diverse FinTech industry 12 00:00:38.840 --> 00:00:40.670 to understand the latest trends 13 00:00:40.670 --> 00:00:44.880 and identify the most relevant to their business needs. 14 00:00:44.880 --> 00:00:46.510 To help navigate the landscape, 15 00:00:46.510 --> 00:00:49.710 BCG developed the FinTech Control Tower- 16 00:00:49.710 --> 00:00:52.700 a first of its kind FinTech insights platform 17 00:00:52.700 --> 00:00:56.600 that delivers to clients FinTech intelligence in real time, 18 00:00:56.600 --> 00:00:59.700 combining the best of BCG research, 19 00:00:59.700 --> 00:01:02.740 analytics, and subject matter expertise. 20 00:01:02.740 --> 00:01:04.880 The FinTech Control Tower's strength 21 00:01:04.880 --> 00:01:07.240 is built on three key capabilities. 22 00:01:07.240 --> 00:01:10.040 First, it's a data insights platform 23 00:01:10.040 --> 00:01:13.010 that features over 27,000 FinTechs, 24 00:01:13.010 --> 00:01:16.930 an advanced taxonomy, and proprietary BCG tools 25 00:01:16.930 --> 00:01:19.420 that empower corporates at every stage 26 00:01:19.420 --> 00:01:21.540 of their open innovation journey, 27 00:01:21.540 --> 00:01:23.430 to analyse the latest trends, 28 00:01:23.430 --> 00:01:27.060 compare players, and accelerate decision-making 29 00:01:27.060 --> 00:01:29.160 on partnerships on investments. 30 00:01:29.160 --> 00:01:32.690 Second, with an industry filled with buzzwords, 31 00:01:32.690 --> 00:01:36.610 the FinTech Control Tower uses AI-based search functionality 32 00:01:36.610 --> 00:01:39.600 and sophisticated filtering taxonomy 33 00:01:39.600 --> 00:01:42.130 and tag system to cut through the noise, 34 00:01:42.130 --> 00:01:44.410 and deliver comprehensive data 35 00:01:44.410 --> 00:01:47.300 and deep analysis into companies' hands, 36 00:01:47.300 --> 00:01:49.690 empowering them to construct searches 37 00:01:49.690 --> 00:01:52.880 based on their own needs to decisively execute 38 00:01:52.880 --> 00:01:54.780 on their FinTech agenda. 39 00:01:54.780 --> 00:01:56.920 Third, the FinTech Control Tower 40 00:01:56.920 --> 00:01:59.500 helps companies gain understanding 41 00:01:59.500 --> 00:02:01.530 on how the technology is evolving 42 00:02:01.530 --> 00:02:04.570 by partnering with BCG FinTech experts. 43 00:02:04.570 --> 00:02:07.290 These experts draw on our extensive roots 44 00:02:07.290 --> 00:02:09.290 in the global FinTech ecosystem. 45 00:02:09.290 --> 00:02:11.360 On our vast network of industry 46 00:02:11.360 --> 00:02:15.060 relationships to uncover deep insights into the ROI, 47 00:02:15.060 --> 00:02:17.000 use cases, and partnerships 48 00:02:17.000 --> 00:02:19.580 that individual players can deliver. 49 00:02:20.430 --> 00:02:24.450 In these competitive, complex, yet fascinating times, 50 00:02:24.450 --> 00:02:26.910 we are reimagining how we navigate 51 00:02:26.910 --> 00:02:29.150 the FinTech world entirely 52 00:02:29.150 --> 00:02:31.967 to decisively execute FinTech agendas. 53 00:02:31.967 --> 00:02:35.690 BCG FinTech Control Tower is an essential partner 54 00:02:35.690 --> 00:02:37.283 in achieving these goals. 55 00:02:37.283 --> 00:02:39.866 (upbeat music)