Matthew GriffinFounder, President and Futurist, 311 Institute
G7 · G20governments advised
850+keynotes
102countries
17codexes
Finance and banking sessions forAfricaONEShawbrook BankStandard Chartered BankThe Institute of Internal AuditorsWolters KluwerCrown Prince Court
Featured inBloombergThe Wall Street JournalThe Telegraph
Parker and the team at Bloomberg invited Matthew to keynote their first ever RiskTech event, held at Bloomberg's new billion dollar London headquarters, the world's greenest office building. The agenda covered the future of investing, Bloomberg's new single data model, robo-lawyers, derivatives and structured products, and using machine learning to manage price and risk.
The building is also one of the most secure in London and, because Bloomberg hosts so many of the world's dignitaries, completely bomb proof. Even so, in a sign of the times to come, Matthew sneaked in one of China's newest policy makers under everyone's noses, a 'he' that was really an 'it', which made an appearance during the keynote.
"We are increasingly reaching the point where we can disrupt global industries within the space of weeks and days, and that has a significant impact on investors and investment strategies."Matthew Griffin, London, January 2020
His session focused on the accelerating pace of global change and disruption. He previewed some of the companies of the future and showed how soon it will be possible to disrupt entire global industries in a matter of days, not years or decades.
He closed on the significant impact this will have on investors and their investment strategies, as the window for disruption shrinks from decades to weeks and days.
311 Intelligence
What this means for your leadership team
The disruption window is shrinking.
The keynote argued that industries can now be disrupted within weeks and days. Investment strategies built on decades-long cycles may no longer match that pace. Leaders should test their planning horizons against it.
Risk models need faster inputs.
The RiskTech agenda put a single data model and machine learning for price and risk alongside the future of investing. Sensors, devices and software now make more new data than people do. A firm that cannot join up and read that data quickly will see change late.
Whole sectors can come under pressure.
When disruption arrives fast, entire industries can come under strain as investment moves to new sectors. Holdings that look safe today may not stay so. Review exposure by sector, not only by company.
Three questions for your next leadership meeting
How fast could our core industry be disrupted?
Which of our planning cycles assume decades of stability?
Is our risk data joined up and fast enough?
The trends and technologies behind this session
From the 311 Starburst, the 311 Strategic Intelligence Unit’s map of the technologies and trends shaping the next 50 years.
It means planning cycles built for slow change are at risk. If disruption can land in weeks and days, investors and executives need faster signals and shorter review loops.
How does the accelerating rate of change relate to this keynote?
It is the same pattern. Faster technology adoption and shorter corporate lifespans compress business planning cycles, which matches the keynote's point that the disruption window is shrinking from decades to weeks and days.
How does industry collapse relate to this keynote?
The keynote showed whole global industries could be disrupted in days. Industry collapse describes the result: entire sectors under pressure as investment shifts to new ones, which is the exposure investors must now weigh.
How can 311 brief our leadership team on this?
Through a private executive briefing or leadership workshop, tailored to your sector, in person first.
Bring this to your leadership teamA private executive briefing or leadership workshop, tailored to your sector. In person first, anywhere in the world.
Analysis by the 311 Strategic Intelligence Unit, from Matthew Griffin’s session and 311 data.
If Matthew gave this session today
Whole industries could soon be disrupted in a day.
The codex sets out the forces accelerating global disruption and how close we are to disrupting whole industries in a day, the scenario Matthew put in front of Bloomberg's RiskTech audience.
