The Financial Market is Changing. Time for some New Thinking.

We look at the I-FIHN management consulting company in Paris and ask, has their time come, to seize the initiative in their core financial markets?

It’s a mistake easily made, that any conversation with a French company will be philosophical, psychological almost. It’s not like they haven’t had enough practice. I can’t think of any time since Voltaire, where the impression has not been one of internal ennui.

And consulting companies generally, either continue this trend and deliver reports but no deliverables; or they focus on the cart of technology, rather than the horse of actual business need.

“Hey, we are the best in the world at blockchain!”… Well, that’s wonderful.

Yet at a time when all financial and business leaders recognise that 2019 will demand considerable innovation in how we develop our businesses, not just pure tech competence – now is the time for new players to come to the front, with a new focus on a different mix of delivering what you and I know we need.

But that still leaves the question of “what” constitutes “original thinking”. The risk of compliance and legislated focus of financials, still requires adherence to a set of rules, and competence in what business is all about. Sure, technology is important – but that starting point remains the balance of where do we want to take our business matched by – the deep understanding of the financial business in which our service providers are involved.

And whilst London has always been, and continues to be seen as, the leader in financial innovation – so that has not stopped newcomers from taking the lead, from other areas. And yet these are not newcomers. It its just that they have been below the radar – until now. It is similar to the sudden superstar actress, who has been treading the provincial boards for so long, now landing the key movies role. Suddenly, with their own unique and business approach – their time has come.

The I-FIHN Consulting company based in Paris, typifies the new approach – sure, they talk about their expertise and their competences, all within a deep understanding of financial practice – but it not until page eight of their Brochure, that you finally understand that this is no technology company; this is advisory and innovation based on human face to face values, covering a wide variety of international experience.

The benefit of this approach is that it takes financial transformation into new areas of “what could be possible” – rather than play safe within the trusted hallowed of your own organisation.

It is an important differentiation.

I talked with Ladan Haghighi, Head of Advisory Practice at I-FIHN – she told me: “the multinational experience that we all have, is now coming into fruit, in the different ways each of our Team view a client situation”.

We expect to see more of this approach and this company in the future.

The I-Fihn company can be contacted at their Paris office on +33768481502.

The Importance of Accurate Data!

We look at the upcoming NCQA’s Digital Quality Summit
 – Using technology to increase quality reporting and reduce the burden of data collection

WASHINGTON, DC— The Digital Quality Summit comprises highly interactive working sessions within three tracks. Attendees will work in teams to solve data challenges using specific quality measures as a use case to demonstrate successful interoperability solutions. Participants will understand how information technology can be used to increase the efficiency of quality reporting and reduce the burden of data collection. In addition, they will engage in hands-on demonstrations for efficiently extracting data for quality reporting.

WHAT: This is not the typical conference of presentations and PowerPoint slides: This is a summit. Plan for interactive work sessions, networking with peers and hands-on demonstrations. Teams will work with specific quality measures to solve data challenges and demonstrate solutions. Attendees will learn how IT can increase the efficiency of quality reporting and reduce the burden of data collection.

WHO:
The Summit convenes quality improvement stakeholders including senior decision makers, measure development experts, clinicians, government agencies, public health officials, data intermediaries, vendors, and payers to advance measure interoperability solutions.

WHEN:
November 1 and 2, 2017. Click here for schedule.

WHERE:
Omni Shoreham Hotel, 2500 Calvert Street NW, Washington, District of Columbia 20008

REGISTER:
Email Ben Hamlin for Media Registration: Hamlin@ncqa.org. Ben is also the Point of Contact during the Summit, please email him directly or call his cell: 240-423-9126 with any questions.