The State of Capital Markets | The Evolution of Fintech
Adoption of digital technologies has been given a kick start by the recent global health emergency. Shopping, entertainment, and communication technologies that have been around for some years are much more broadly adopted.
Digital financial technology adoption has been much slower. Despite clear evidence that the financial business models are obsolete and still now, with over a decade of value destruction by traditional financial institutions, laws and regulations sustain the old ways.
Join us for a discussion of the fintech revolution and the evolving path to adoption. It is clear from the remarkable global coordination of central bank policy in the now third wave of financial crisis, that governments have a fashioned a policy response that has calmed financial markets and kept markets functioning. This global coordination has been managed more cohesively and more effectively than any other global policy initiative and certainly more effectively than global health policy.
It has also propped up the very antique financial institutions that fintech intends to disrupt making them ever more powerful and protected. This protection comes at a huge cost and now, more than ever, with the digital revolution bolting ahead, there is pressure to give fintech more freedom. Our panelists will discuss the current state of global fintech, illuminate the likely path to adoption and speculate on the effect that will have on our relationships with financial institutions, with the internet and with each other.
7.00-7.05 Introductions & Welcome | Mark Hamzat O. Erogbogbo
7.05-7.10 Overview Bill Kelly
7.10-7.15 Speaker Introductions | Bill Kelly
7.15-7.30 | Andrew Schneider
7.30-7.45 | Jim Row
7.45-8.00 | Robert Gay
8.00-8.15 | Wayne Super
8.15-8.40 | Stephen Wink | Keynote Address | The US Regulation of FinTech: Digital Assets—Issues and Opportunities
8.40-8.55 | Audience Questions | Mark Hamzat O. Erogbogbo
8.50-8.55 Summary | Bill Kelly
8.55-9.00 Closing remarks & Thank You | Mark Hamzat O. Erogbogbo
Panelists| Wayne Super | Managing Director | Capital Markets | Cisco Capital | www.Cisco.com
Wayne is currently a member of Cisco Capital’s senior executive team serving as Managing Director of Global Capital Markets. He oversees a department responsible for $30Bn of indirect annual originations through Cisco Capital’s financial services ecosystem, as well as, Co-developing and innovating financial-Technology (Fintech) business models with Cisco’s Corporate Strategic Innovation Group utilizing distributed ledger technologies.
Wayne’s previous roles at Cisco Capital were Chief Financial Officer, Chief Risk Officer, and Director of Venture Financing. Prior to joining Cisco, Wayne held roles as staff consultant at Akzo Noble, Regional Sales Development Executive at Pitney Bowes; and a brief career with United States Navy.
Outside of work, Wayne served on the advisory board of Ozone International, LLC, Deutsche Bank Client Advisory Board, and the Commercial Equipment Marketing Council’s steering committee. He also maintains involvement in organizations such as Atlanta Community Food Bank, Habitat for Humanity, and Autism Speaks.
Wayne holds a bachelor's degree from University of Missouri, and a master's degree in Business Administration from Keller Graduate School of Management. https://www.cisco.com/c/en/us/buy/payment-solutions.html#~offers
James C. Row, CFA Chief Executive Officer| www.Entoro.com
James C. Row, CFA has over 25 years of experience in various areas of deal structuring and energy finance, including: producer finance, project finance, drilling programs, A&D, securities and risk management. He has originated and arranged funding, debt (senior and mezzanine) and equity, on over $10 billion of energy projects. At Enron, Mr. Row specialized in structuring bids for power, E&P, energy services and water privatization projects worldwide. Jim is a Chartered Financial Analyst and maintains Series 7, 24, 28, 63, 79 and 99 FINRA securities licenses.
Entoro Capital is a global investment bank that elevates traditional banking services with the efficiency of modern technology. The Entoro team combines technology with global strategic advisory, capital formation expertise, and in-depth industry knowledge to support our clients and accredited investors through the investing process. Our single, secure digital platform OfferBoard®, efficiently connects Accredited Investors to vetted investment opportunities.
Stephen Wink | Partner | Co-Chair Global BlockChain & Crytocurrency Task Force | Latham & Watkins | www.LW.com
Stephen Wink is a partner in the New York office of Latham & Watkins and a member of the firm’s Financial Regulatory Practice. He advises a wide range of market players including investment banks, hedge funds, private equity firms, fintech companies, exchanges, alternative trading platforms, transfer agents, and other financial institutions on matters involving the regulation of markets and broker-dealers, as well as related compliance and enforcement matters. Mr. Wink is also a key member of Latham’s Fintech Industry Group, and is Co-Chair of the firm’s Global Blockchain & Cryptocurrency Task Force.
Mr. Wink has in-depth knowledge and broad experience advising on the overlapping patchwork of regulations covering the financial markets, including the laws and rules under the Securities Exchange Act of 1934 and the rules of the Financial Industry Regulatory Authority (FINRA) and other self-regulatory organizations.
Mr. Wink provides regular commentary on regulatory initiatives and rule-making proposals on behalf of clients and trade associations. He has frequently obtained no-action relief and interpretive guidance on behalf of clients from various regulatory bodies, including the Securities and Exchange Commission and FINRA.
Mr. Wink is the Vice Chair of the ABA’s subcommittee on Trading and Markets and is a former member of various securities industry committees, including the Securities Industry and Financial Markets Association’s Federal Regulation Committee, the New York Stock Exchange’s Compliance Advisory Committee, and was Chair of the Bond Market Association’s Municipal Legal Advisory Committee. Mr. Wink is a regular speaker at securities industry conferences.
Mr. Wink spent nine years in-house as executive managing director and general counsel of First Albany Companies Inc., a full-service investment bank, merchant bank, and investment advisor. He began his career at another leading law firm after serving as a law clerk to Judge George E. MacKinnon of the US Court of Appeals for the D.C. Circuit. www.LW.com/practices/TokenizationandBlockchain
Andrew Schneider | CEO/Founder | Family Office Networks | www.FamilyOfficeNetworks.com
Family Office Networks created FON Marketplace as an online technology platform designed for family offices to access private deals and connect with other family offices to co-invest; research luxury goods and services; share philanthropic ideas; and more. It was created to streamline the process of investing in a private placement which today is still an antiquated system. We’re using a proprietary algorithm that enables family offices to easily identify the best opportunities
Andrew Schneider founded The Family Office Networks in 2012 after realizing the benefits of a family office network from running his own family office, the Schneider Family Office. His family office greatly benefited from a small community of his peers with whom he shared transactions, service providers and funds.
Mr. Schneider is also a leading authority regarding hedge funds and related services. Most recently, he developed the group Global Hedge Fund Advisors. He is the CEO and president of this group, which is an international firm that is quickly making its mark in the hedge fund industry. Prior to Global Hedge Fund Advisors, he was a founding member of HedgeCo Networks, a hedge fund research and services firm that provided consulting services to both new and existing hedge funds. At HedgeCo, he was charged with the responsibility of overseeing more than 7,000 hedge funds, which included a community of more than 40,000 members.
Previous professional appointments include Morgan Stanley and Prudential Securities. At Morgan Stanley, he was a vice president who managed more than $100 million of high net worth individual assets as well as helped manage assets for institutions as well as high net worth clients. Later, he participated in numerous private placements, PIPE transactions and public offerings with a total value of $250 million. While at Prudential, he was the number one producer and broker and managed over $50 million in his first year.
Mr. Schneider has been quoted in numerous financial publications and has also appeared on financial networks such as CNBC. He attended The State University at Albany and he is an active member of the American Heart Association, committed to the cause of research and development of alternative remedies for cardiac disorders. https://fonmarketplace.com/
Guest Moderator | Bill Kelly | Chief Executive Officer | CAIA Chartered Alternative Investment Analyst Association
William (Bill) J. Kelly is the CEO of the CAIA Association. Bill has been a frequent industry speaker, writer, and commentator on alternative investment topics around the world since taking the leadership role at the CAIA Association in January, 2014. Previously, Bill was the CEO of Boston Partners and one of seven founding partners of the predecessor firm, Boston Partners Asset Management which, prior to a majority interest being sold to Robeco Group in Rotterdam in 2002, was an employee-owned firm. Bill’s career in the institutional asset management space spans over 30 years where he gained extensive managerial experience through successive CFO, COO and CEO roles. https://CAIA.org
Moderators | Bob Gay CFA | Mark Hamzat O. Erogbogbo | Chairmen The FENG Capital Markets Special Interest Group