2. 2
Detecon Trend Radar – FinTech & InsurTech
“FinTech disrupts the financial services
sector by offering highly innovative,
customer-centric solutions. In order to
remain competitive, incumbents need to
rethink their existing business models,
leverage on their strengths and build a
FinTech partnering ecosystem.”
– Sophia Gerlach, Detecon Fintech & InsurTech Expert
3. 3
Successfully navigate through an increasingly complex FinTech &
InsurTech business environment with the Detecon Radar.
Detecon Trend Radar – FinTech & InsurTech
FinTech & InsurTech Businesses Database
Trend Visualization
Radar Tool Customization
FinTech & InsurTech Strategy Expertise &
Guidance
4. 4
A clear understanding of future trends is needed to identify the right
response strategy on how to react to the threat of disruption by start-ups.
Detecon Trend Radar – FinTech & InsurTech
Our View
• Early stage FinTech and InsurTech need to be
observed as they do not pose a threat right away,
but could evolve rapidly. Incumbents have to be able
to react swiftly.
• The advantage of market share/power can be used
to defend new entrants or develop capabilities in-
house. However organizational & technical agility is
key.
• Disruptions that are hard to defend or imitate can be
best dealt with via investments. Leveraging these
opportunities early will maximize the value created.
• Partnering with selected start-ups is essential. Both
parties will benefit from each others’ strengths in the
short and the long term - synergies can be leveraged.
5 Categories > 20 Trends > 95 Startups
Defend
Observe Invest
Maturitystage
(Gartner’sHypeCycle)
HighLow
Low HighDisruptiveness
Partner
5. 5
Our FinTech & InsurTech experts advise clients globally on related topics.
Detecon Trend Radar – FinTech & InsurTech
Oscar Escalante
FinTech & InsurTech Partnering Expert
– Cologne, Germany
While working for Detecon I have
experienced how the telco sector was
disrupted by innovative startups like
Facebook and WhatsApp. When first
under attack, traditional telco providers
tried to defend themselves by building
their own solutions – but they failed. We
helped telcos realize the importance of
partnering for boosting innovative service
offerings. We want to use our expertise
and experience to help financial services
clients avoid these mistakes and instead
develop their own competitive ecosystem
with the right partners.
oscar.escalante-mendieta@detecon.com
“
“
Carolin Obernolte
FinTech & InsurTech Partnering Expert
– Cologne, Germany
Even if some incumbents in the
financial services sector have already
realized the importance of partnering,
most players do not know how to build
an innovative, effective ecosystem with
start-ups as they do not know how to
identify and ultimately partner with
suitable FinTech. In order to give an
overview of the most recent trends and
the most successful newcomers in the
financial services industry, we
developed the FinTech trend radar: We
utilize our knowledge to help our clients
identify, evaluate and ultimately select
the right start-ups for their ecosystems.
carolin.obernolte@detecon.com
“
“
7. 7
An Overview of all
Relevant Trends
and Startups
in One Tool
Browse through all FinTech & InsurTech
trends, technologies and startups with
an impact on your corporate
environment.
Detecon FinTech & InsurTech Radar
Powered by
8. 8
Dynamic Data
Visualizations
Visualization of FinTech & InsurTech
trends, technologies, centers of
gravity and fields of action.
Detecon FinTech & InsurTech Radar
Collaborative identification, selection,
structuring and evaluation of FinTech &
InsurTech trends and technologies.
Centralized
Scouting and
Monitoring
Powered by
10. 10
The Radar enables clients to coordinate their FinTech & InsurTech
activities, identify threats and assess possible solutions and opportunities.
Detecon FinTech & InsurTech Radar
Identification and scouting of
trends (opportunities and
threats)
Innovation community rates
and assesses the trends
collaboratively
Identification and rating of
startups that offer solutions
to opportunities and threats
Scouting Rating Solutions
Management
is able to:
• Approach solution providers
that are able to address the
biggest opportunities
• Present tangible FinTech &
InsurTech initiatives
• Communicate its strategic
Fintech & InsurTech direction
company-wide
• Involve teams across the
company and streamline their
efforts
11. 11
The Radar is an innovation management tool that can be used in a variety
of ways – fully tailored to your needs.
Detecon FinTech & InsurTech Radar
• Access to Detecon FinTech &
InsurTech Radar – 1 year
• >20 up-to-date / rated trends
• >95 up-to-date / rated startups
• Additionally, 10 customized
assessments (trends or startups of
your choosing, individually rated just
for you)
FT&IT Trend
Intelligence
• Implementation as innovation
management platform to fully leverage
your innovation efforts
• Detecon guides you in developing a
unified and structured innovation
management process
• Full access to our trend database
• Full customization of variables,
categories, ratings, etc.
Innovation
Management ADD-ONs
• Detailed scouting / evaluation in your
fields of interest
Trends: detailed and customized
assessment of trends
Startups: detailed and customized
assessment of startups
Workshops: dedicated expert
assessment / rating workshops
• Individualized monthly or quarterly
reports in your focus areas
Topic Workshop Innovation management
workshops
Customized assessments Guidance along the whole
innovation chain
12. 12
We offer our clients a thorough innovation management service tailored to
their organization.
Detecon FinTech & InsurTech Radar
Evaluation
Detecon supports the client in
identifying the most relevant and
urgent topics. The data is then
inserted into the tool.
Implementation
The clients’ users will be enabled
to make use of the tool in their
daily work. Detecon will help
identify key users and establish
efficient processes.
Preparation
Together with the client team,
Detecon ensures the Radar
matches the individual
requirements and provides
customizations accordingly.
Identification of use cases and
requirements
Preparation and design
Definition of structure with stakeholders
from clients’ Innovation Management
Technical setup and customization
Analysis of existing documentation and
databases
Evaluation and prioritization
Aggregation of data in the tool
Expert workshops
Process design
Identification of key users
Implementation of processes, tool
management
Roadmap and strategy consulting
Our Expertise
• Innovation Strategy
• Digital Leadership
• Stakeholder Management
• Experience in Trend and Innovation Scouting
• Technical Project Management
• Profound Expertise in Innovation Management
Processes
ClientBenefit
EstablishestheRadarwithintheorganizationand
enablesclientstofullyleveragetheirInnovation
ManagementeffortswiththeRadar.
14. 14
Detecon is the leading consulting company that unites management
consulting with great digital technology expertise.
About Detecon
We merge business &
technology perspectives
into a consistent digital change
journey for our clients.
Industry | Services | Telco
More than 20.000 projects realized worldwide
1.200 associates in our offices worldwide
Clients in more than 165 countries
Colleagues from over 40 countries
15. 15
The Detecon Innovation Institute serves as a global innovation and
knowledge center for various clients as well as Deutsche Telekom Group.
About Detecon
Detecon Innovation Institute
Actively shapes the technology trends
of tomorrow
Relationships with many industry
pioneers in the U.S., Europe, and Israel
Clients receive first-hand insights on
emerging trends and access to a large
network to build successful partnerships
16. 16
Our Clients and Expertise.
About Detecon
Supply Management
Application Management & Advisory
Financial Management
Transformation, Organization, People Management
Business Process Management
Risk, Compliance & Security
Enterprise Architecture Management
IT Infrastructure
IT Strategy & IT Efficiency
Strategy, Innovation & Products
CRM & Sales
Network
Wholesale & Regulation
Innovation Enablement
Our Topics
Industry
Companies
Service
Companies
Telco
Companies
Our Customers
