The second day of the Canada Fintech Forum was welcomed with opening remarks by CEO of Finance Montreal Louis Levesque announcing that this year’s Forum was the most successful and largest of its kind in Canada with well over 1,500 ecosystem players present and ready to collaborate. The highlight of this year was the introduction of the Deloitte Technozone that provided participants with immersive and interactive experiences from numerous technologies grounded in AI, Blockchain, and Analytics. He continued to indicate the success achieved in Day 1 in not only promoting Fintech entrepreneurship, rather the ongoing success that will be achieved with the CDPQ/Desjardins $75M Fintech fund created to support and grow the ecosystem.
La deuxième journée du Forum Fintech Canada a débuté par un mot d’ouverture de Louis Lévesque, PDG de Finance Montréal, annonçant que le Forum de cette année fut le plus réussi et le plus important en son genre au Canada, avec plus de 1 500 acteurs de l'écosystème présents et prêts à collaborer. Le point culminant de cette édition a été l'introduction de la Zone Techno Deloitte qui a offert aux participants des expériences immersives et interactives avec de nombreuses technologies basées sur l’intelligence artificielle, le Blockchain et l’analytique. M. Lévesque est revenu sur le succès de la première journée, non seulement pour la promotion de l'entrepreneuriat, mais aussi en démontrant le succès continu qui sera atteint pour assurer la croissance et le développement de l’écosystème avec le Fonds Fintech de 75 M $ créé par la CDPQ et Desjardins.
1. Sadia Halim of BNP Americas talks disruption with AI in Financial Services
2. Robert Dawkins, Partner at Borden Ladner Gervais LLP moderates a panel on smart contracts and financial services to understand possible financial applications and widespread adoption of the technology with Blockchain expert panelists
Panel Discussion on smart contracts in FSI and the transactional application of Blockchain
Robert Dawkins, Partner at Borden Ladner Gervais, moderated a Panel discussion with a number of experts. The distinguished experts included Iliana Oris Valiente (ColliderX and former co-founder Rubix by Deloitte), Kris Hansen (Portag3 Ventures), Igor Lilic (ConsenSys), Francis Pouliot (Catallaxy), and Soumak Chatterjee (Payments and Blockchain Deloitte Canada). The possible financial applications of smart contracts seem unlimited and is transforming how transactions can be securely and legally carried out. The panel went through the ups and downs. One thing for sure, like the internet, it will have endless possibilities and those that understand it best will be successful in gaining competitive advantage!
3. Mark Boyajian, CGI's President of Canadian operations discusses the scope for intelligent automation in banking
4. A fireside chat I had with Chadi Habib, EVP of Information Technology and Martin Brunelle, Head of Strategy and Innovation at Desjardins Group on why Fintech is important to them and how the Fintech fund they have co-launched will impact the ecosystem
Fireside Chat with Desjardins Leaders Chadi Habib and Martin Brunelle at the Canada Fintech Forum
I sat down with Chadi Habib, Executive Vice President of Information Technology and Martin Brunelle, Head of Strategy and Innovation at Desjardins Group at the Canada Fintech Forum to understand how Desjardins is plugged into the Fintech and emerging technology ecosystem, why Fintech is important to them and their cooperative, and what they are currently doing to keep pace with this market. At this conference, Pierre Miron, Chief Operations and IT Officer at La Caisse de depot et placement du Quebec (CDPQ) announced a $75M Fintech fund to be launched by CDPQ in partnership with Desjardins Group.
5. Microsoft and Maluuba take the stage to discuss the reality of AI in today's market and the untapped potential of an industry worth Billions
Luncheon Conference with Mohamed Musbah of Maluuba and Alec Saunders of Microsoft
Alec Saunders and Mohamed Musbah took the stage at the Canada Fintech Forum to discuss the reality of AI in today's market. Alec Saunders kicked off the session by providing context on the current state of the market and the major technological breakthroughs we have seen in the last decade. Speaking particularly to Natural Language Processing (bread and butter for Maluuba whose focus is on NLP and general AI), Saunders stated that the current error rate with respect to NLP is 5.9% which is about the same as a transcriber. This speaks volumes as to how advanced we've already become in the space.
6. Carine Michel of Deloitte Canada takes the stage with Microsoft and Maluuba to discuss the practical applications of AI today and the long term impact on our economy
Carine Michel of Deloitte Canada interviews Microsoft and Maluuba
AI is a topic of interest for almost every organization today - whether they are developing it, adopting it, or determining how it will impact the future state of their business. Deloitte Quebec Consulting leader Carine Michel sits down with Alec Saunders of Microsoft and Mohamed Musbah of Maluuba to discuss practical applications of AI today as well as the long term impact of AI on our economy.
7. Last, but certainly not least, Peter Diamandis appeared in hologram to present his closing remarks for the conference by enforcing the importance and impact of exponential technologies on our businesses and the role we play in enacting global impact
Peter Diamandis in Hologram delivers Exponential Impact of Emerging Technologies
Peter Diamandis, brought innovation full force by just his presence, in Hologram format for the closing remarks at the Canada Fintech Forum. Diamandis highlighted the importance of remaining positive when in an era where we are constantly placed in a position of fear with the advent of emerging technologies taking away our jobs and means of livelihood. The exponential rate at which these technologies are growing and further disrupting traditional business models forces us to rethink the true premise of the problems on which our businesses are premised.
Canada Fintech Forum is the forum for Fintech in Canada. This conference brought together key ecosystem players to share learnings and develop meaningful relationships that will help to grow and advance the Fintech and emerging technology ecosystem.
Until next year!