Profiles in Leadership: Francis McGillicuddy, FinleapNavigating the Open Banking Revolution Requires Flexibility, Technology, Salesmanship
Want a challenge? Then look to the financial technology - aka fintech - sector, where the rise of open banking has helped new firms such as Berlin-based Finleap Connect flourish by providing services to large banks and insurance companies, says its information security officer, Francis McGillicuddy.
While fintech firms might be innovative, agile and well-poised to help established financial services firms navigate the open banking revolution, convincing them to rely on emerging cloud and other technology requires both flexibility and salesmanship, he says.
In a video interview with Information Security Media Group as part of its CyberEdBoard Profiles in Leadership series, McGillicuddy discusses:
- Lessons learned from having served as an IT auditor - and now being in the hot seat;
- The impact of the pandemic on the banking and fintech sector;
- The importance of the cloud - including Kubernetes and containerization - for fintech firms.
McGillicuddy, a CyberEdBoard Executive Member, is Finleap's information security officer. Previously he worked as a transaction advisory services manager for Ernst & Young GmbH and an IT audit manager for security and resilience at Royal Bank of Scotland, among other roles.