IIF Authors

Status: Will be live at 02/06/2020 12:04

FRT Episode 59: Davos Download


Standard Bank CEO Sim Tshabalala and Refinitiv’s Sherry Madera join us in Davos to share their key highlights from the 2020 World Economic Forum. Where climate change led this year’s Davos agenda, Sim and Sherry highlight the role of technology in mobilizing on climate issues, and the Sustainable Data Alliance initiative to enable greater consistency and transparency and to ensure that we are capturing the key data points today that will be needed in the future.

We discuss the role of data in the new economy, with the need for greater commonality in standards and greater consistency across borders. Sim and Sherry highlight the particular dangers with localization restrictions, and where the Balkanization of data rules can not only add cost and impede Cloud implementation but also create security vulnerabilities and increase risk. This is similarly important with the deployment of new technology solutions to combat financial crime.

We also touch on some of the other key talking points from the week, including how societies adapt with the pace of change, the role of data science in education curricula and future employment patterns, and the S-curve evolution pattern for successive new technologies.