How to Unbundle and Disrupt an Industry While Scaling Fast - Lessons from FinTech
- Wharton San Francisco 2 Harrison Street San Francisco, CA, 94105 United States (map)
This panel will explore the macro trends and disruptions impacting the financial sector and the lessons that can be applied to other industries. Big banks and brokerage firms are increasingly under attack from emerging FinTech startups. Rather than taking the industry head-on, creative entrepreneurs are selecting niches and beginning to dismantle the industry through a thousand cuts. Entrepreneurial opportunities are plenty but entrepreneurs need to be able to identify patterns within specific verticals, adopt disruptive business models, and understand how to scale fast to win in this hyper-competitive and heavily regulated industry. Panel Organized and Moderated by: Raj Bharti, Global Marketing and Product Management Leader, Microsoft
Laura Oliphant served as Director, Intel Capital from 2001 until her retirement in 2016. As a Corporate Venture Capital investor, Laura brought over $1B in strategic and financial value to Intel through her investments and was awarded Intel’s highest award, the Intel Achievement Award, for her contributions to Intel.
When she was part of Intel Capital, Laura made investments worldwide in semiconductor capital equipment, manufacturing robotics, new device, and software as a service (SaaS) companies. Laura directly managed her portfolio companies, providing strategic direction and advice to the company and its Board of Directors. In addition to her investment responsibilities, Laura built strategic relationships with Fortune 500 CEO’s and influencers to bring knowledge of market trends and opportunities to bear on internal corporate strategic discussions.
Laura is a Magna Cum Laude graduate in Chemical Engineering from Manhattan College, where she received the Pen and Sword Award and is a member of Tau Beta Pi. Laura also has a AA in Photography with High Honors from Foothill College. She received her PhD in Chemical Engineering from the University of California, Berkeley, where her thesis research was centered on candidate batteries for electric cars. As part of her qualifying exam for the PhD, Laura developed research topics in the drug delivery area. Laura and her husband live in Emerald Hills, CA and have two daughters.
Karthik Sethuraman is the Co-Founder & CEO of SimplyCredit and is focused on radically simplifying everyday consumer finance products.
Prior to founding SimplyCredit, Karthik was the Head of Analytic Solutions at Kaggle, where he brought cutting-edge machine-learning and data science solutions to Fortune 500 & Global 500 companies and outperformed industry standards by over 40%-300%. Previously, he was a Senior Director at FICO, where he developed underwriting and pricing algorithms for major banks and credit card issuers worldwide, generating over $200MM in additional profit and a billion dollars in revenue.
He has Masters in Operations Research from UC Berkeley.
Monisha is passionate about creating innovative solutions that address industry frictions. She has a broad experience across several financial service verticals including mutual fund investments, insurance, infrastructure financing and private equity. She has expertise in helping large financial services organizations pivot given environmental forces of change. She has successfully led multi-million dollar programs launching new products, developed national omni-channel strategies that focus on integrated human / digital interaction to support the future of retail banking and conducted 'soup to nuts' ideation and development of core transformational ideas for the financial services industry. In her previous role she oversaw the growth of RBC Mutual Funds Assets under Management from 100Bn to 170Bn and led a 19 people team to successfully formulate and deliver on strategy that enabled RBC to win in a period of disruptive demographic, competitive and regulatory change.
In her current role at Manulife – John Hancock, Monisha brings new ideas to life by leveraging in-house incubators and partnering with start-ups. She holds a Bachelor in Mathematics from the University of Waterloo and graduated as a Palmer Scholar with her MBA from the Wharton School, University of Pennsylvania.
Greg Smith is a Managing Director at FT Partners and has over 20 years of experience in the financial services industry. Prior to joining FT Partners, Greg spent the majority of his career as an award-winning equity research analyst at Merrill Lynch, J.P Morgan and other firms covering companies across the financial services and FinTech landscape. Throughout his career, Greg has played a senior role in numerous investment banking transactions spanning financings, M&A and IPOs. Greg has long been a thought leader in FinTech and has frequently been quoted in the press and appeared often on CNBC and Bloomberg TV.
Raj Bharti is a seasoned marketing strategy & product management leader with deep experience in leading traditional & digital marketing, demand generation, product management, and Omni-channel development. He led multiple global partner-facing programs for Microsoft by collaborating with leading OEMs, chip-makers, and retailers, such as, HP, Dell, Intel, AMD, and Carrefour across the United States, United Arab Emirates, Egypt, and Turkey. Prior to Microsoft, Raj worked with Wall Street’s top banking & brokerage firms, including Citibank, Prudential Securities, and American Express to lead their strategic technology and business programs. He also co-founded Urban Spoils, an aggregator of daily deals from Groupon, Living Social, Tippr, and 20 other flash-buying vendors. Raj earned his MBA from the Wharton School with a double-major in Marketing and Operations.