MassTLC Innovation 2008 unConference

 

Transparent Financial Systems

Page history last edited by Charlie Peppler 1 yr ago

The closest analogy to what is happening in the financial services industry

is the major financial upheavels during the 1929 Stock Market crash, and the

subsequent Great Depression.  The US government is fighting to push

through a $700B bailout package to attempt to prevent further catastrophic

damage to the US (and international) financial service system in the

wake of the immense mortgage debacle.

 

This is just the beginning of what's to come.  Out of chaos comes new

order.  What will that look like?  How can innovative minds understand

the underlying causes that brought about this massive disaster, and

how can innovation be used to address underlying root causes,

introduce accountability (as well as fluidity) into the financial services

marketplace?  What new business opportunities can be formed that

will not only be profitable, but can help to stabilize and improve financial

markets, monitor critical variables, and make corporate leaders decisions

visible (before they create disasters), and balance the profitability of

financial service companies with risk exposure of Main Street (with the

least amount of politics!).

 

Brief theory:  Increase visibility into the underlying workings of the systems in

the financial services industry.  Replace opacity with real transparency.

 

Charlie Peppler

Founder and CEO

Capnetix

http://www.capnetix.com

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