Interview
Talks at GS - Adena Friedman: The Future of FinTech
- Nasdaq expects operational and service changes to occur in 2017, driven by the inevitability of cloud technology expansion in the financial sector.
- Machine intelligence, particularly deep learning and natural language processing, is predicted to be the primary technology transforming industry strategies and risk management sophistication.
- Cloud adoption is anticipated to fundamentally alter infrastructure management, entity interactions, and scalability capabilities, prompting the active development of a next-generation, fully cloud-enabled market technology solution.
- Quantum computing, currently described as being on the horizon, is forecast to fundamentally change existing technology areas and make market interactions exponentially more complex.
- Blockchain technology is expected to significantly impact settlement processes, ownership transfers, and ownership tracking.
- Following the Jobs Act, companies are projected to remain private longer due to the increase in the shareholder threshold limit from 500 to 2,000.
- Nasdaq plans to support private companies maturing into public entities by providing episodic liquidity and communication services before facilitating their full public listing.
- Companies not undergoing acquisition or public listing within the five-year timeframe typically associated with private equity acquisition are predicted to return to public markets.