FCAT and looking at what’s possible, not what is already in place
Richard Murphy, head of Fidelity's FCAT Europe, discusses the firm's innovation wing which focuses on speculative technology and future-proofing financial services. The team operates with a startup mindset to identify hazy opportunities rather than solving immediate, well-defined problems.
Why it matters
Understanding how major financial institutions approach R&D provides insight into how traditional industries are adapting to rapid technological shifts.
Careers Richard Murphy. Image: Fidelity Investments FCAT and looking at what’s possible, not what is already in place by Laura Varley
Fidelity Investments’ Richard Murphy discusses the work carried out by FCAT and the importance of considering what can be realised if you are curious and determined enough.
Richard Murphy is the vice-president and head of Fidelity Centre for Applied Technology (FCAT) Europe at Fidelity Investments.
FCAT, according to the company, is an “innovation catalyst” where experts “explore new frontiers, analyse societal shifts, and test emerging technologies to help redefine what’s next for financial services and beyond”.
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