6April 2016Copyright © 2016 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.APRIL - 2016Mailing AddressValleyMedia, Inc.44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538T:510 230 0396, F:510-894-8405 April - 2016, volume 02 - 04 Published by ValleyMedia, Inc. To subscribe to CFO Tech OutlookVisit www.cfotechoutlook.com Managing EditorSarah DawsonEditorial StaffSalesAaron Pierce Ava Garcia Joshua ParkerAlex D'SouzaJade Ray Samden SherpaVisualizerStephen ThomasFinance and Technology SpecialBrian Thomasbrian@cfotechoutlook.com 510 556 2283Editor's NoteSarah DawsonManaging Editoreditor@cfotechoutlook.comGoverned by complex regulations, economies of scale and high barriers to entry, the finance sector has historically been resistant to disruptions. However, technology is now redefining the workflows and processes within the finance sector, making it a market, ripe for disruption. The tasks once handled with paper money and physical human interactions are now gaining a digital interface. The technology innovations are transforming the way the money is managed, influencing every financial activity from banking, payments to wealth management. Crowdfunding, mobile payments, P2P lending, robo-advisor ­ there's no dearth to the innovations coming up in the sector. Given the growth opportunity, the fintech startups are re-imagining the financial services, while the incumbent financial solution providers are following the suite with new offerings. A recent McKinsey & Company research shows that there are more than 2,000 fintech companies founded in 2016 as compared to 800 last year. Also, globally, around $23 billion of venture capital and growth equity has been deployed to fintechs over the past five years. The growth of capital investments in the fintech companies exemplifies how the technology is radically transforming the nature of financial services. Also, TechNavio forecasts global FinTech investment market to grow at a CAGR of 54.83 percent during the period 2016-2020.Given the scope of disruption in finance sector, our goal with this special edition is to help the organizations discover best-of-breed financial technology solution providers who can transform the way financial processes are carried out. This edition blends thought-leadership from subject matter experts with real stories on what selected vendors are doing for their clients, including exclusive insights from CIOs and CXOs. Let us know what you think.Digitizing the Finance
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