“The digitalization of Financial intermediation process”: Consob chose Fintech District to present the results of this study about the present and the future of Fintech and how financial innovation is shaping assets of Italian economy and Italian society.
The study has been realized from September 2016 to November 2017, thanks to the collaboration of about 70 professors and researchers, from more than 15 different Italian universities. On this occasion three main themes were focused upon: automated advice; DLT and securities markets; digital markets, financial inclusion and regulatory approaches.
After an introduction given by Giuseppe D’Agostino (Consob), the first one has been developed by Nadia Linciano (Consob), the second one by Emilio Barucci (Politecnico di Milano) followed by Salvatore Lo Giudice (Consob) that gave the floor to Pasquale Munafò (Consob) for a quick overview of preliminary analysis and open issues as regards Digital markets, financial inclusion and regulatory approaches.
Results presented by Consob in Milan will feed in a series of documents that will be available in the first quarter of 2018, each of them will be focused on a specific Fintech theme discussed on the basis of data derived from the Consob study made public first in Fintech District.
“Innovation of Financial intermediation process is the motor of economic and social innovation. For an open community like Fintech District it is very important to host and listen to the voice of a regulator like Consob – said Pietro Sella, CEO of Sella Group, by introducing the study presentation – real innovation develops thanks to a plurality of voices which support it. University and regulators are the best voices for the type of open innovation that we desire in our Fintech District community”.