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Highlights: The Banking and Fintech Leadership Forum, hosted by Tapestry Networks and LendIt Fintech

On April 8, 2019, Tapestry and LendIt Fintech hosted the first Banking and Fintech Leadership Forum in San Francisco, bringing together fintech CEOs, bank executives and directors, regulators, and others for a discussion on how the financial services ecosystem is evolving and how banks and fintechs can effectively partner. Fintech challengers have emerged in virtually all aspects of banking, with particular growth in lending. As these fintech companies look for growth and diversification, large incumbents are identifying ways to become more nimble, update their systems, and experiment with new approaches. As customer expectations continue to evolve, big tech platform companies move further into financial services, and new business models emerge, both fintech and banking leaders see increasing opportunities for collaboration. Opportunities for additional partnerships are not without their challenges, however. Banks and smaller fintechs operate differently, with diverse cultures and models. In some businesses they remain fierce competitors. Participants discussed how both banks and fintechs can “do their homework,” to ensure these collaborations are more than just “paper partnerships,” and effective for both parties and their customers. Read more here.

Highlights: Assessing the results of the diagnostic quality assurance pilot

In May 2019, Tapestry and members and liaisons of the multistakeholder Steering Committee (SC), which oversees the progress of the diagnostic quality assurance pilot, met to discuss the pilot’s results. Since its launch in 2016, the pilot has aimed to create a process to compare the performance of molecular diagnostic tests that are used for selection of targeted therapies, using a test case of a next generation sequencing (NGS) diagnostic for a specific targeted cancer treatment. Earlier this year, 18 volunteer laboratories returned data to the pilot’s technical implementation team at the College of American Pathologists, marking an end to the pilot testing phase. The data compared performance of laboratories’ validated tests with specifications set by an FDA-approved companion diagnostic (CDx).  During the May meeting, the CAP’s Scientific Technical Working Group (STWG) leadership presented a summary of the dataset and lessons learned from implementing the pilot. Collectively, the STWG representatives and SC discussed the results’ technical implications, and their meaning for various stakeholders and SC members’ organizations.  Moving forward, SC members are committed to sharing outcomes later in 2019 through a peer-reviewed technical publication, a white paper, and, potentially, through other mediums. Read more here

Upcoming meetings

Southwest Audit Committee Network

September 2019, Dallas, TX

 

 

European Audit Committee Leadership Newtork

September 2019, Munich, Germany

 

 

Bank Governance Leadership Network

September 2019, London, UK

 

West Audit Committee Network - North & South Chapters

October 2019, Palo Alto, CA

 

Financial Services Leadership Summit

October 2019, Washington, DC

 

 

Central Audit Committee Newtork

October 2019, Chicago, IL

 

 

Welcome To Tapestry

Project & Event Manager

We're pleased to announce the addition of Kelley Walton to the Tapestry team! Prior to joining Tapestry, Kelley worked at Innosight where she oversaw all internal and external events and operations for their Lexington, MA office. Kelley earned her degree in marketing from the University of Massachusetts, Dartmouth. 

Recent Publications

Alternative capital and innovation in risk finance

Insurance Governance Leadership Network, May 2019

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Achiveing operational resilience

Bank Governance Leadership Network, May 2019

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Upgrading legacy banking platforms

Bank Governance Leadership Network, May 2019

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CEO Succession and transition planning, and governing artificial intelligence

Lead Diretor Network, May 2019

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Managing risk and ensuring effective care delivery in an accountable-care paradigm

Optimal Oncology Alternative Payment Models, 
April 2019

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Board oversight of privacy

Audit Committee Leadership Network, April 2019

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