The GSX Group were at the Paris Fintech Forum, hosted at the former French Stock Exchange in the heart of Paris, France.
The two-day event brought a variety of international speakers and Fintech companies to Paris, with over 220 CEOs from a wide range of financial services backgrounds, and more than 100 exhibitors. The list of impressive speakers included representatives from many industries and professions, such as Ann Cairns, Vice Chairman at Mastercard, Bruno Le Maire, Minister of Economy and Finance for France, Christine Lagarde, Managing Director of the International Monetary Fund, Frédéric Oudéa, CEO of Société Générale, and Thomas Buberl, CEO of Axa.
The conference engaged attendees and speakers alike on the topics of digital finance and fintech, with more than 100-panel sessions and interviews, including a stage dedicated to pitches and showcases. As with many events focused on fintech and security tokens, there was an influx of institutional interest. Companies sponsoring the event included Mastercard, BNP Paribas, Arkea, Deloitte, Societe Generale, Visa, and AXA, with many emerging fintech firms also in attendance.
Nick Cowan, CEO of GSX Group Panel
The GSX Group CEO, Nick Cowan, was invited to partake in a panel discussion titled: ‘Are Security Token Offerings the New IPOs’? Nick joined Thierry Bedoin, CDO of Banque de France, Luc Falempin, CEO of Tokeny, and Thibaud de Maintenant, CEO of LiquidShare, on the panel, which was moderated by Oliver Bussmann, CEO of Bussmann Advisory.
During the lively discussion, which was viewed by a packed out audience on the ‘Paris Stage’, Oliver Bussmann asked about the role of investment banks and how that could change concerning IPOs. Nick highlighted the opportunities surrounding tokenised products, stating:
“The Investment banks we are speaking to about coming onto our STACS Protocol, they see an opportunity to increase revenues by having a new range of products, which they can advise their issuers to utilise. I think secondly, they can see efficiencies that will reduce their costs.”
GSX Business Development Team In Attendance
Aymeric Bruneau, the Business Development Manager for the Gibraltar Stock Exchange (GSX), also attended the Forum. The event was a perfect opportunity to meet and network with many thought leaders and innovative fintech companies that could utilise the GSX Group’s latest initiative, the STACS Protocol. The timing of the STACS Protocol roll-out coincides perfectly with the current developing landscape of blockchain innovation concerning tokenised securities.
Protocol has the potential to transform the capital markets, supporting exchanges, investment banks, and broker-dealers with instantaneous settlements, lowering costs and driving efficiencies. The GSX aims to utilise the STACS Protocol and become one of the first stock exchanges to trade tokenised securities (through a licence extension application from the Regulator, the Gibraltar Financial Services Commission).
The GSX Group would like to thank the organisers for inviting Nick Cowan to participate in their conference, and we look forward to future events hosted by Altéir in Paris.