Finovate is here again! Finovate Fall is taking place in New York City in the Hammerstein Ballroom. Bank Innovation is at Finovate covering all the presentations and ranking them in three categories 1 to 5. Follow along with the audience at #finovate and #finovatenyc on twitter. Two gongs sounded during the morning session. Who earned them? Read on! MORNING SESSION 1 Motif Investing A “motif” is a basket of stocks behind an idea. Motif Investing proposes investing in ideas, not individual stocks. Each transaction costs $9.95, which should represent a savings over traditional financial advisors. Examples of motifs are collections of stocks representing “Chinese Solar” and “Silicon Valley Darlings.” Build your own motif, and get a royalty when others buy it. Cool Factor – 3 I Want It – 3 Profit Potential – 3 Backbase Backbase showed off a new corporate client experience. Retail customers are less profitable to banks but get all the innovation and sexy UIs. Backbase’s UI, always superb, is now available for corporates. it looked like PFM for commercial bankers. The dashboard is completely widgetized and customizable. Deutsche Bank, Barclays and Visa are Backbase customers. Cool Factor – 4 I Want It – 2 P – 4 [...]
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