BST European Summit 2015: Business strategy must embrace tech to compete, says C-level panel

Business strategies must be able to leverage technologies with right attitudes in place, say C-Level panelists.

Phil Tattersall, director and founder of Simitas, moderated the C-Level Executive panel.

The inflexibility of traditional business strategies within a "conservative, cottaged industry," can leave firms "chasing technology," said Paul Stevens, former chief investment officer (CIO) at London-based Legal & General Investment Management.

Stevens believes that the role of the CIO and IT group within capital markets firms is to convince their organizations of the potential impact of technology and "shape business strategies to embrace technologies like cloud and the impact of regulation

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