Intel @ Google Cloud FSI Lighthouse event

Copyright © 2017 Intel Corporation
Intel Financial services Solutions outlook
Google Lighthouse Event 2017
Amsterdam, Oct 13th STIJN DERACHE
Account EXECUTIVE Financial Services
Intel Corporation

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In the next 30 minutes…..
IntRO, Market trends, Observations
Horizon 2018: 6 Pillars to Deliver Transformative Outcomes
Horizon 2030: Long term outlook

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Dr. Robert Noyce
Intel Co-founder
“Until now we have been going the other
way, that is in order to understand the
brain, we have used the computer as a
model for it. Perhaps it is time to reverse
this reasoning to understand where we
should go with the computer, we should
look to the brain for some clues”.
IEEE Centenary - 1984
Intel’s Legacy in Artificial Intelligence

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Cloud &
DATA Center
Things &
Devices
MEMORY FPGA
INTEL IS EVOLVING
We expand the boundaries of
technology to make the most amazing
experiences of the future possible
through our customers.
We’re moving toward a world where the
boundary between digital and physical is
eroding, computing is truly mobile and
ubiquitous, and everything is smart
and connected.

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Intel & Google Better Together
SHARED VISION – enterprise cloud that is innovative, open, and optimized
5
Innovation that enables customer
leadership
Intel® Xeon® processor codenamed
“Skylake” now available on Google
Cloud Platform
Open source solutions that provide
customers with choice and agility
Kubernetes and TensorFlow
optimized on Intel
Optimized Edge-to-Cloud solutions
on Google Cloud Platform
3D Image Capture, Logistics and
Agriculture use cases
INNOVATION OPEN OPTIMIZED

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“at our forecasted churn rate, about half of the S&P 500
will be replaced over the next 10 years” 1
1. Innosight (source)

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FROM ME,
TO
Co-CREATION EXPERIENCE
SHARING
ECONOMIC
NEW BUSINESS MODELS EMERGE & FLOURISH

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The Boards top of mind…
Which one will you be?… The disrupted or the disruptor?
listening to The top Global Financial Services, top Industry analyst firms and leading FinTech hubs

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Innovation–Agility -Transformation
“Lines of Business will not be
able to innovate and get a
competitive edge if they still
run their operations on
legacy and inflexible
infrastructures”.
Mike Blalock – General Manager Financial
Services Industry Group - Intel Corp.

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Providing newcustomer experiences
“Is that a Coffee Shop or is
that a Bank?”
“Let me rephrase... is that a
Bank and a Coffee Shop?
Other names and brands may be claimed as the property of others.

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IT Strategies blind spot… planning for disruption
“What is the time horizon of
your IT strategy?”
“Are you planning beyond the
traditional 24-36 months?”

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delivering Transformative
BUSINESS Outcomes in 2018

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From SMAC Enabling the Digital Platform…
Social
Mobile
Analytics
Cloud

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The Digital Financial Services
Connected
Experience
Insights Driven
On-Demand Smart World Trusted
+ + +
+
Innovative
Workforce
+
To Delivering Transformative BUSINESS Outcomes

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The Coming
Flood of Data
1.5 GB of traffic / Day
750 pBof video / Day
5 TB of data / Day
1 PB of Data / Day
4 TB of data / Day*
Autonomous
vehicles
CONNECTED
AIRPLANE
Smart
Factory
Avg.
internet user
Cloud
video Providers
By 2020
*Estimate based on the average vehicle being operated 1-2 hours per day
Source: Amalgamation of analyst data and Intel analysis.

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Preparing for new business models in 2022

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the Robot
Advisor
Artificial
Intelligence
Internet of
Things
Distributed
computing
Fintech
what next?
Research & Development, Incubation, new paradigms

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Machine intelligence…. Accelerators
Bigger data Better hardware Smarter Algorithms
Perception
Detect and recognize patterns in
audio, video, tactile, ambient data
Cognition
Organize data patterns into
meaningful structures
Decision
Recommend action based on
meaningful structures in data
Action
Act upon the environment and
respond to real world stimulus

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MACHINE/DEEP LEARNING
REASONING SYSTEMS
TOOLS & STANDARDS
COMPUTER VISION
Programmable solutions
Depth sensing Things
& devices
Cloud
DATA Center
ARTIFICIAL INTELLIGENCE…. Accelerating with intel

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REASONING SYSTEMS
Improved prediction accuracy
Transparency and ability to explain
results
Unifies and federates multiple
data sources
No need for domain specific
models nor training
Learns faster with less data
Compliance
 Compliance Monitoring
 Fraud Detection
 Anti-Money Laundering
Customer
Acquisition
 Customer Acquisition
 Sales Optimization
Customer
Management
 Customer Feedback Analytics
 Customer Knowledge Analytics
 Margin Expansion
Market
Prediction
 Trading Analytics
 Equity / Capital Market Prediction
 Currency / Commodity Prediction
Process
Optimization
 Analytics Optimization
 Claims Optimization
 Document Processing
Risk
Management
 Insurance Risk Analytics
 Credit Risk Analytics
 Contract Risk Analytics

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Where Saffron Has Made a Difference
Customer Challenge
Goal to Increase Revenue per member and Reduce Churn with
better product recommendations
 5 product levels
 1,353 products
 12 million members
Results with Saffron
Relevant individualized product recommendations
 50% improvement from previous machine learning recommendations
 76% accuracy – validated that customers accepted Saffron
product recommendations
Customer Personalization

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what about 2030 ?

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How these changes will impact financial services?
End to End
Distributed
Computing
Natural
Interaction with
Technology
Trust Reach
a Tipping
Point
Intelligent
Machines Earn
Control

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When The bank becomes A PLATFORM
When the bank becomes a
Market Place, offering a full
range of transactional services,
FSI compliance, capital
financing and loans.
Competition, Collaboration or
Coopetition with the current
digital market places and social
media giants?
Will infrastructure need to be
open source, modular and based
on open standards?

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When The bank become A lifestyle company
Financial Services are integrated
into all aspects of daily life, with
new benefits to customers across
all services to improve their
lifestyle.
Banks know their customers
better than anybody else and
make full usage of the data,
monetized or not…
Derived data has become
a new asset class…

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When real time KYC edges 100% accuracy
When Systems between
Financial, Telecommunications
and Governments Services
become federated.
When Real-time sharing of
information could enable a new
level of trust and new services?
What data architecture will be
required to enable the Secure
sharing of Digital ID?

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When Capital markets are reinvented
The democratization of data
eliminates information asymmetry.
Risk ratios turn upside down when
machines learn to think with
intelligence at the edge and sensors
are everywhere.
The advance in Internet of Things, science and machine
intelligence drive a new paradigm shift…

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Closing thoughts: Horizons 1 2 3… a closed loop!
Horizon 2018: Enabling the Digital Financial Services
Intel’s 6 Pillars: Deliver Transformative Business Outcomes
Horizon 2022: Disruptive Technologies
The Next Paradigm Shift: Get Started Now!
Horizon 2030: Your Long Term Outlook
Today’s Decisions are Enabling 2030 Financial Services
Google and Intel Corporation
A Long Term Collaboration to Support You Globally

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Together we Invent
the Future
Thank you

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Legal Notices
Intel technologies’ features and benefits depend on system configuration and
may require enabled hardware, software or service activation. Performance
varies depending on system configuration. No computer system can be
absolutely secure. Check with your system manufacturer or retailer or learn
more at intel.com.
Intel, the Intel logo, Intel. Experience What’s Inside, the Intel. Experience What’s
Inside logo and Intel RealSense are trademarks of Intel Corporation in the U.S.
and/or other countries.
*Other names and brands may be claimed as the property of others.
© 2017 Intel Corporation

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Intel @ Google Cloud FSI Lighthouse event

Intel @ Google Cloud FSI Lighthouse event

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