Javier Ampuero, member of our Board of Directors, Architect, Designer, Entrepreneur and Head of the UK office, tells us in this interview about the origin of Evolution Labs UK, the challenges in the financial industry, our value proposition to address Open Finance opportunities and the reason for opening an office in London.
«We are a technology enabler for the connection between the Fintech world and the traditional Financial Industry. We are focused on Open Innovation and Open Finance: In the former, we accelerate the process through our Sandbox for accelerated experimentation and in the latter we accelerate the monetisation of new Digital Business Models».
The main challenge in moving towards digitally relevant organisations is the speed with which new capabilities are incorporated to systematically improve the value proposition. The day-to-day running of organisations absorbs the current capacity of teams and slows down the process of evolution towards digital.
The arrival of new competitors, the speed of technological advancement and regulatory changes are the perfect storm, which can drive traditional organisations to harness the potential of Open Innovation and Open Finance, developing solutions that exceed their customers’ expectations.