2. B-Hive Europe Open Innovation Platform Fabian Vandenreydt
Executive Chairman
Oracle Open World
23 October 2018

3. The B-Hive journey
B-Hive is a collaborative innovation platform for financial technology that brings together banks, insurers and market infrastructure players
Set-up in Brussels in 2017
Founded by 13 financial institutions and the Federal Holding and Investment Company of Belgium

4. B-Hive structural partners

5. B-Hive Members Sept 2018 Lending Insurance Cybersecurity/ID management
Asset Management
Cybersecurity/ID management
E-Invoicing / Accounting
Consulting
Banking Platforms
B-Hive Members
Sept 2018
Business Solutions
Analytics/Data Management
Blockchain
Payments
Risk Management
Full list on b-hive.eu/members

6. The B-Hive journey
B-Hive is a collaborative innovation platform for financial technology that brings together banks, insurers and market infrastructure players
With our start-up, scale-up and corporate partner community we seize the opportunities offered by the digital transformation of the financial services industry in a focused way
Set-up in Brussels in 2017
Founded by 13 financial institutions and the Federal Holding and Investment Company of Belgium
An ecosystem of 180+ fintech’s and 20+ corporate partners
Six competence centres:
TrustHive
CyberHive
TalentHive
OpenHive
DigiHive
PayHive

7. B-Hive Current Program Portfolio
Each of B-Hive’s collaborative programs tackle a specific challenge/opportunity for it’s Corporate Partners’ in financial services
Cyber
Hive
Scanning, screening and testing innovative cyber solutions
Open
Hive
API technologies testing, standardization and new business models
Trust
Hive
Sharing the load re: financial crime compliance, on-boarding and regulatory reporting activities
Digi
Hive
AI-based automation in the back-office
Talent
Hive
Addressing the digital skills gap in Europe
Pay
Hive
Exploring the opportunties open payments brings; from stanards to technology

8. The B-Hive journey
B-Hive is a collaborative innovation platform for financial technology that brings together banks, insurers and market infrastructure players
With our start-up, scale-up and corporate partner community we seize the opportunities offered by the digital transformation of the financial services industry in a focused way
We believe that building bridges between fintech hubs in Europe and beyond strengthens the innovation ecosystem and accelerates the growth of the digital finance sector globally
Set-up in Brussels in 2017
Founded by 13 financial institutions and the Federal Holding and Investment Company of Belgium
An ecosystem of 180+ fintech’s and 20+ corporate partners
Six competence centres:
TrustHive
CyberHive
TalentHive
OpenHive
DigiHive
PayHive
Offices in Brussels, London, Tel Aviv and New York (and soon Singapore)
Collaboration agreements signed with 10+ fintech hubs

9. MoU with other hubs

10. Fast-track Monetization Ecosystem (FaME)
Oracle & B-Hive fintech programme

11. The European Fintech Innovation Program
Oracle Confidential –Restricted

12. CURRENT CHALLENGES IN corporate innovation
Adoption
adoption of innovation within existing businesses
Knowledge
access to, and exchanging of innovation experiences
Noise
quantity and quality
of start / scale-ups
Management
formal, repeatable process
Impact
revenue, cost, risk
Low adoption of innovation methods and its outputs into existing products & services, organizational culture, and business vision.
Limited, trusted, sharing of idea’s and innovation challenges within a peer group. Access to the methods, tools, skills, talent, culture required to drive and deliver the promises of innovation.
No systematic repeatable process to scan, assess, select, implement the every growing and morphing technology landscape and ability to map to relevant pains and gains.
Limited formalized open innovation management frameworks that allow leverage the benefits of ecosystems.
Limited impact on the key economic indictors and banks’ ROE and shareholder story, i.e., increase in revenue by 10%, reduction in cost base by 10%.

13. Goal & Principles Monetization acceleration is only goal
Short cycles (four months end-to-end). Not an endless PoC ‘tunnel’
Each programme run includes 15 pre-scale-ups
Business & technology ‘fit’ are key
Oracle’s clients (FI’s, Corporates) involved in the journey
Starts in Jan First two runs (Brussels & London) focused on open banking & analytics

14. FaME stages Productization Tech fit Biz fit Ignition 15 5
Focussed PoC kick-off
Monetization scenarios
Go-to-market planning
Closing event
Tech fit
Platform fit
Masterclasses:
Cloud integration
Cyber
...
Selection of PoC winners
Biz fit
Business & organisational fit
Oracle business strategy
Procurement principles
Ignition
Kick-off event
Pitches
Matchmaking
First assessment