On this episode of WealthTech Unwrapped, we have a double Ned feature where Ned speaks with Ned Lowe, Co-founder and CTO of Mission+. They discuss technologies that exist in banking and finance and how it has evolved over the years to what it is today.
While there is legacy technology in banking, especially more in retail than in investment banking, he highlights that simple technologies can be underestimated and tends not to be utilized as common practices in Fintech. He also mentions that while there are always younger teams building newer technologies in the sector, it is important to remember that it is not just about building the coolest technology. It’s about ensuring adoption, integration, and harmonization across the ecosystem, and these are human skills, not technical skills.