Corrie Elston
Showing 1–2 of 2 transcripts.
- Milken Institute59 min
Shaping Digital Finance
Dan Primack, Corrie Elston, Paul Hamill, Julie Monaco, Alfred Spector, Michael Tannenbaum
Executives from SoFi, Citigroup, Two Sigma, and Google Cloud convened to analyze the accelerating digitization of finance, contrasting the rapid speed of fintech disruption with the slower, scale-driven transformation of legacy banks. The panel highlighted how artificial intelligence and machine learning are now driving critical efficiencies in underwriting and compliance, while legacy institutions are reclassifying startups as strategic partners through open API frameworks and venture arms. Despite these technological advances, participants noted that regulatory barriers and cybersecurity concerns remain significant hurdles, even as emerging markets demonstrate the transformative potential of digital payments for financial inclusion and anti-corruption efforts.
- Milken Institute1h 1m
The Transformation of Finance: Technology's Impact on Wall Street
Larry Tabb, Corrie Elston, Adena Friedman, Daniel Nadler, David M. Siegel, Jackson Mueller
Hosted by Larry Tabb, a panel of industry leaders including Corey Elston, Dan Nadler, David Siegel, and Adina Friedman examines how automation, artificial intelligence, and cloud computing are reducing Wall Street's headcount by an order of magnitude while shifting the workforce toward data scientists. The experts predict that while blockchain and machine intelligence will not eliminate traditional banks, they will force a structural evolution where institutions transition from proprietary trading to value-added services and operate with significantly higher operating leverage. Ultimately, the convergence of these technologies aims to eliminate capital inefficiencies and rent extraction, creating a financial ecosystem where the cost of market exposure approaches zero through democratized access to sophisticated algorithmic tools.