The FinTech Report Podcast: Episode 62: Dan Jowett, CEO, Openmarkets Group

The FinTech Report Podcast: Episode 62: Dan Jowett, CEO, Openmarkets Group

“It’s been a stunning change!” says Jowett, when discussing retail equity trading

List here: www.buzzsprout.com/1643860/episodes/17434794

 

Prior to Openmarkets Group (OMG), Dan Jowett was COO of stockbrokers Shaw & Partners, and prior to that was with accounting and consultancy firms PWC and KPMG.

Openmarkets Group describe the business as a technology-driven stockbroker with a mission to provide innovative products on a global scale to advance wealth management.

The business comprises Openmarkets, one of Australia’s largest retail brokers providing a white-labelled tech stack for intermediaries and connecting fintechs to markets via enterprise APIs, and TradeFloor, Australia’s leading risk management solution used by over 60% of the addressable market.

In this podcast we discuss:

  1. Openmarkets founded in 2013. How has the business evolved?
  2. OMG are one of Australia’s largest retail brokers, what’s the competitive landscape?
  3. A recent game-changer in the trading and wealth industry has been the rise of many low-cost / ultra-low brokerage digital trading services. What opportunity does this pose for Openmarkets?
  4. In the past decade, Australia’s traditional wealth and advice models have changed (especially since 2018 Royal Commission). Has this created an opportunity for technology platforms?
  5. Does Openmarkets have a view on AI and how AI could shape wealth management, trading tools, insights, advice?
  6. Finfluencers – what do you think of them? rise of online investment education content across YouTube and Tik Tok. Has this new wave of online trading education changed how you or your customers think about your business now and into the future?
  7. M&A opportunities? And you’re considering a potential listing?
  8. What sort of influence has the US volatility had on your business/clients, be it regulatory activity, tariffs, markets, listing plans?