Open Banking is coming – the industry reacts
Some say it is a long time coming, but Open Banking is on its way to Canada. Taking place just a week after the snap election called by Justin Trudeau, this panel will pull together all corners of the ecosystem to provide insight on what has widely been touted as an ‘Open Banking Playbook’ for the Canadian financial services market. Tune in as we get initial market reaction to Finance Minister Freeland’s recently published report which stated the initial Open Banking framework should be operational by 2023.
Andrew Moor
EQ Bank
Andrew Moor
Chief Executive Officer EQ BankAndrew joined Equitable Bank (TSX: EQB) as chief executive officer in 2007. His focus in recent years has been on positioning Equitable Bank as Canada’s challenger bank. Andrew has been establishing EQ Bank as a leading digital banking player, with an easy-to-use mobile app that offers a unique combination of payments functionality and great savings rates. Equitable Bank is Canada’s seventh largest bank by assets, with $132 billion in combined assets under management and administration. Equitable was a founding shareholder in Borrowell and participates in the Portage ecosystem through an investment in the Portage II Fund, giving the bank a view into the Canadian fintech ecosystem.
Andrew is a keen observer of the challenger and neobank community around the world, particularly in the UK and Europe. He is interested in how banks can leverage technology to improve the societies in which they operate.
Andrew is a member of the executive council of the Canadian Bankers Association, chairman of The Trust Companies Association of Canada, board member of Nesto Inc., and a member of the Smith School of Business advisory board at Queen’s University.
Cormac Leddy
EY
Cormac Leddy
Senior Manager, Banking and Risk Technology Consulting EYCormac is a Senior Manager in EY’s Banking and Risk Technology Consulting practice. He has 10 years of consulting experience in Financial Services, working primarily with financial services firms as they explore and execute large transformation programs. He has led the development EY Canada’s market and regulatory understanding of open banking in the Canadian market and is responsible for bringing global insights to our clients in Canada. His experience spans various functional areas including risk, technology and data, as well as various business lines including retail banking, capital markets, wealth & asset management, and insurance.
Senator Colin Deacon
Senate of Canada
Senator Colin Deacon
Senator Senate of CanadaThe Honourable Colin Deacon’s background as an entrepreneur provides a unique perspective in Canada’s Upper Chamber. Prior to joining the Senate, he ran several successful global businesses, the latest of which was Bluelight Analytics, a technology firm providing data tools to dental offices worldwide.
As part of the Senate, he has been a strong advocate for entrepreneurs, harnessing the digital economy, updating Canada’s privacy legislation, ensuring global competitiveness of Canadian firms, and promoting Canadian leadership on issues relating to climate change.
Senator Deacon was appointed to the Senate of Canada as a representative of Nova Scotia in June 2018 and has since been part of the Independent Senators Group.
Stéphane Bousquet
Enstream
Steve Boms
FDATA
Steve Boms
Executive Director FDATASteve has two decades of experience working inside government, public and private companies, trade organizations, and the technology industry. He assists organizations as they engage with policymakers in Washington, across the country, and around the world. Steve has spent his career focused on complex financial services public policy issues, having worked in the United States Congress on the committee with jurisdiction over banking. He has led global advocacy efforts and public policy teams for equity options exchanges, large U.S.-based financial institutions, and leading fintech firms. A recognized expert on the intersection of financial technology and public policy, Steve has testified before the United States Senate, the Senate of Canada, and the Organisation for Economic Cooperation and Development on financial services and technology.
Sue Britton
Beem Credit Union
Sue Britton
Retired Chief Innovation Officer Beem Credit UnionSue Britton is the retired chief innovation officer at Beem Credit Union, and has more than 30 years of experience in creating new products and solutions for the financial sector. She is the founder and chief executive officer of Firefly Growth, one of North America’s leading authorities on executing transformative growth through fintech innovation. She is a fintech expert, experienced both as a start-up founder and incumbent innovator. Sue also serves as an advisor and a committee member for FinPay, a cross-section of payments industry stakeholders.
