EP 94: NEXT GENERATION FINANCIAL SERVICES WITH CHARLIE PLATT OF SAP FIONEER
Charlie Platt is the Managing Director of Banking at SAP Fioneer. He talks about the history of the business and the advantages of it becoming a standalone business separate from SAP. He explains how the decision was made and the significant investment the company received. Charlie also discusses the continued strong partnership between SAP and Fioneer, with Fioneer utilising SAP's infrastructure and technology. He highlights the importance of developing a strong company culture and the challenges that come with it. Charlie helps demystify the strategy for bringing new products to market and focusing on modernisation rather than core replacement. Takeaways Fioneer is a standalone business separate from SAP, focusing on core banking and insurance solutions. The decision to separate was driven by the need for speed and agility in the rapidly changing financial services industry. Fioneer retains a strong relationship with SAP and utilises its infrastructure and technology. Chapters 00:42 Introducing Charlie Platt from Fioneer 02:02 Understanding Fioneer and its connection with SAP 04:09 The birth of SAP Fioneer and its unique business model 07:13 The challenges and triumphs of separating from SAP 11:37 The power of SAP's comprehensive technology stack 15:05 The importance of customer-centric product development 18:15 Exploring the future of banking innovation 21:13 The role of Fioneer in the modernization of banking 31:01 Conclusion: The journey towards a modern banking experience