In this episode of Fintech Focus TV, Chris Lees, Founder of FixSpec, discusses the inefficiencies in financial services connectivity, particularly the outdated use of the FIX protocol and PDFs.
Chris highlights the industry's reluctance to innovate due to regulatory and risk concerns but emphasises the potential for transformation with new technologies like blockchain, AI, and cloud computing.
FixSpec is currently in a "going dark" phase, where they are rethinking their business model to better serve the evolving needs of the market. Chris is excited about developing new solutions that address these challenges and invites those interested in innovation to reach out.
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