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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.
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Andrew Moor
Andrew Moor
Chief Executive Officer & President EQ BankAndrew joined Equitable Bank (TSX: EQB) as Chief Executive Officer in 2007. Andrew’s focus in recent years has been in 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 ninth largest schedule 1 bank with over $30 billion of assets under management. Equitable was a founding shareholder in Borrowell, and participates in the Portage ecosystem through an investment in Portage Funds giving the Bank a view into the Canadian fintech ecosystem.
Andrew is a keen observer of the challenger and neo bank community around the world. He is interested in how banks can lever technology to improve the societies in which they operate. He is a member of the Executive Council of the Canadian Bankers Association and Chairman of the Banks and Trust Companies Association. Andrew is a Director of Sleep Country Canada Inc. (TSX:ZZZ) and a member of the Smith School of Business Advisory Board at Queen’s University.
Cormac Leddy
Cormac Leddy
Senior Manager - Technology Consulting EYAs a Senior Manager in EY Canada’s Technology Consulting practice, Cormac is a thought leader on the Open Banking team. His work has contributed to EY Canada’s market and regulatory understanding and has paved the way for deeper perspectives on open banking in the Canadian market.
He supports clients in addressing the business challenges of today through innovation and technology. Following a business led approach, this includes strategy development, execution, and operationalization.
Cormac’s experience spans a wide range of functional areas in financial services, including risk, technology, and data across multiple business lines including retail banking, commercial banking, wealth and asset management, and insurance.
Senator Colin Deacon
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.
Steve Boms
Steve Boms
Executive Director FDATA North AmericaSteve Boms, Executive Director of the Financial Data and Technology Association of North America, has more than 15 years of experience working inside government, public and private companies, trade organizations, and the technology industry, and assists member companies and clients in working with policymakers in Washington, in statehouses across the United States, and internationally. 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 issues. He has led advocacy efforts and public policy teams globally for equity options exchanges, large U.S.-based financial institutions, and leading fintech firms. A recognized expert in 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 regarding financial services and technology.
In addition to working directly with FDATA North America’s members, he is a frequent conference panelist and his perspective is solicited by reporters on the technology, financial services, and regulatory beats.
Steve is also the President and founder of Allon Advocacy, LLC, a public policy firm that helps technology, fintech and financial services firms navigate complex public policy and public affairs environments around the world.
Sue Britton
Sue Britton
Co-Founder Fathom4sightSue Britton is Co-Founder of Fathom4sight Inc., a knowledge-as-a-service platform with advisor support built in, designed to provide extensive data and insights on financial product innovation, FinTech and traditional FI’s, and much more. Prior to Fathom4sight, Sue was Founder and CEO of FinTech Growth Syndicate (FGS), an award winning corporate innovation-as-a-service firm working with FI’s, retailers, tech companies and FinTechs, which she sold in 2021.
Sue’s entire career has been in financial technology and product innovation. After 25 years in business development and product innovation roles for Xerox, Symcor, Broadridge, and Finastra, she left the corporate world to become an entrepreneur and has never looked back.
