
Ex-SunGard chief Cris Conde’s random walk to fintech and beyond
Technologist talks artificial intelligence, angel investing and accidentally contributing to the Basel framework

Cris Conde, the financial technology pioneer and former chief executive of software giant SunGard, talks enthusiastically about car crashes. He is describing a fraud scheme uncovered by artificial intelligence (AI) firm Shift Technology, one of his investees, in which a single extended family deliberately crashed 57 insured vehicles.
“What tipped off the software was, there hadn’t been a single bodily injury,” says Conde. “It turns out they were building ramps.” A driver would back a car up a
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