Neil DeSena, founding partner of SenaHill Partners, highlights portfolio company Tradelegs while discussing fintech modernisation in major banking institutions.
0:00 / 0:09exact quote · 9.5s
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“You could point to a company that we have called Tradelegs, which basically could replace the Delta one desks at all of the all of the big banks.”
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PredictionNot checkable as stated
DeSena predicts Wall Street regulations will ease under the Trump administration
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PredictionNot checkable as stated
DeSena: Distributed ledger tech is ready for prime time in 2017
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AssertionNot checkable as stated
DeSena: SenaHill advised or led close to $200M in 2016 transactions
“It was definitely more than a hundred million bucks. Close to two hundred million, I believe.”
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AssertionContradicted
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“Well, they have signed a deal with the state of Delaware. And companies now are going to be able to register their companies digitally. So Symbiont is going to be at the point of formation of all of these companies.”
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AssertionSupported
DeSena: Banks spent $200B on tech in 2015, 75% on maintenance
“There was a report published that said in, I forgot who published it, but in. 15, two hundred billion dollars worldwide was spent by the banks in technology. 75% of that was basically maintenance.”
Neil DeSenaFeb 15, 2017▶ 9:00EP 571: SenaHill Transacted $200M In FinTech 2016, 7 Predictions for 2017 with Founding Partner Neil DeSena
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