What you missed at Business Insider's IGNITION: Transforming Finance event

On Monday, Business Insider hosted its first IGNITION event of the year, focused on Wall Street disruption and innovation, featuring executives from Goldman Sachs, JP Morgan, Citi, BNY Mellon, Barclays, and Morgan Stanley, and broadcast live from the New York Stock Exchange.

At #ignitionfinance listening to Lucien F., Huw Richards, Megan Brewer Koptchev, Mariquit Corcoran, Gavin Michael, Omer Ismail speaking about #disruptive technologies on Wall Street (from within), buy vs build vs partners, #digital transformations, #block…https://t.co/TZhSnshPy8

— Weiyee In (@weiyee) June 10, 2019

Couldn’t make it to the event? Here’s what you missed.

Executives from Barclays, Morgan Stanley, and Citi explained how they’re investing in technology to ward off competitors and drive innovation.

• The head of tech for Citigroup's global consumer bank points to 2 key themes for managing its $8 billion tech budget

• The innovation heads at Barclays and Morgan Stanley break down how their firms leverage technology to stay one step ahead of the competitors trying to steal their business

• WATCH: Executives from Morgan Stanley, Citi, and Barclays explain how they encourage innovation within big, unwieldy banks

“What I’m most excited about is changing the way we work in financial services...it’s about how we’re engaging every day.”
Meghan Brewer, head of tech innovation, Morgan Stanley
##ignitionfinance. ⁦@businessinsider⁩ pic.twitter.com/nICVC7OFmw

— Julia Hood (@julia_hood) June 10, 2019

Executives from JPMorgan and BNY Mellon explained the best ways for fintech companies to partner with large banks in order to compete with leaner, agile startups.

• WATCH: Executives from JPMorgan and BNY Mellon tell fintech founders the best ways to partner with large banks

“No code coding” being part of the future as seen by @BNYMellon #ignitionfinance by @businessinsider

— Layla Tabatabaie (@LaylaTab) June 10, 2019

A common theme at this morning’s @businessinsider #IGNITIONFinance event: speed is critical to banking innovation, but what’s really important is the right team and culture fueling that digital transformation. https://t.co/9ac06G3Aiv

— Becca Clara Love (@BeccaClaraLove) June 10, 2019

Omer Ismail, head of consumer digital finance in the Americas for Goldman Sachs's Marcus division, discussed Goldman’s credit card partnership with Apple and the team’s focus on simplicity and putting the customer first.

• WATCH: A Goldman Sachs Marcus exec explains why Apple is the perfect partner for their new credit card

• Goldman Sachs executive tells us why it's ditching traditional advertising like direct mail in favor of more out of home and digital ads

For @GoldmanSachs to build Marcus, it took the right team, culture, and rallying. In the end, “1/3 of our team is legacy Goldman, 1/3 financial hires, 1/3 tech hires from nonbanks,” said Omer Ismail, Head of Consumer Finance to @dakincampbell at @businessinsider #IGNITIONFinance pic.twitter.com/csugN2F6Pr

— Cognito (@CognitoMedia) June 10, 2019

Attendees stayed caffeinated throughout the early morning programming thanks to coffee provided by Wandering Bear and La Colombe Coffee Roasters.

And when the programming wrapped, attendees had the opportunity to network and visit the famed Stock Exchange trading floor, steeped in Wall Street history.

As part of #IGNITIONFinance, guests were allowed to take a tour of the trading floor at the @NYSE. pic.twitter.com/E1kTxZhVCi

— Business Insider (@businessinsider) June 10, 2019

Interested in joining us at a future event? To be considered for the IGNITION invitation list, fill out this simple form.