The Innovation Behind This Digital Exchange Might Surprise You

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Financial Services News

SAP,Cryptocurrency,Blockchain

Stock markets are not traditionally known for driving innovation, but Boerse Stuttgart Digital is turning this notion on its head.

provides easy and reliable access for customers and serves as a safe and trusted partner for institutions. The company is adept at guiding customers along the entire value chain of crypto and digital assets – in a reliable and fully compliant manner., Dr. Oliver Vins, chief regulatory, operating, and financial officer at Boerse Stuttgart Digital hit upon areas where his company demonstrated leadership in innovation.

“Having a clear business case is a requisite for innovation, along with having the right talent,” he said. “Traditional banks should go through their portfolio to hire the right talent out of the market. Talent needed for transformation cannot always be grown within the organization.”Boerse Stuttgart Digital’s own case came to life with the launch of the retail offering BISON, a multi-award-winning trading app for cryptocurrencies, stocks, and ETFs with over 820,000 active users.

“As bankers and financial experts, you should focus on what you’re good at,” he told the audience. “The core competency of a bank is to build long-term, trustworthy relationships with clients. Customers are still going to their banks for advice, because they need trusted advisors.”When it comes to technology, Vins listed three areas where banks should pay close attention to finding the right partners and developing the right strategy.

 

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