GEN Magazine - Supported by Crossroads Capital | Page 2

1 FS Current Situation An overview of International Financial Services in Ireland, with an estimate of employee numbers in each sector. Welcome BANKING 10000+ Citi JP Morgan BOI Global Markets Bank of America Merrill Lynch Barclays Credit Suisse Goldman Sachs Ulster Bank Wells Fargo AIB Contents W ASSET MANAG Source: Deloitte FinTech in Ireland IFS A universe of opportunity for entrepreneurs around the world elcome to the inaugural issue of GEN Magazine, a voice for advancing entrepreneurship worldwide. In this edition we talk about the value of nations’ entrepreneurial ecosystems as a bedrock for engendering entrepreneurial societies. Collaboration is a key mechanism whereby all nations are embracing this very essence and turning it into the central driving force that enables an ecosystem to thrive - thus spawning start-ups and companies with global scale-up ability. We are honoured to include the inspiring words of President Obama as our foreword, highlighting how An overview of comp Irish FinTech with an e employees in each do PAYMENTS & T FUNDS (INCL. ASSET MGMT) 10000+ governments can empower Street startups. State BNY Mellon Paribas We look atBNPEuropean HSBC Securities Services nations hardNorthern at work. For Trust CITCO About the FinTech example, Germany has put JP Morgan Quintillion Eco-System Map a spotlight on the need to HedgeServ GlobeOp This map shows the 3 key elements of the define and understand the Citi FinTech eco-system that exists in Ireland and the key organisations within each sector. The 11 basic building blocks essence of Ireland's successful FinTech eco-system is how each element works in that show the logic of AIRCRAFT LEASING collaboration to support the rise in startups 600+ how an ecosystem works. and scaleups whereby a global hub for Avolon FinTech in Ireland is fast emerging. Meanwhile, AWAS Denmark GECAS 3 collaborating elements has investedORIXheavily in SMBC entrepreneurship education 1 FS Current Situation FLY AerCap with four federal ministries 2 FinTech in Ireland creating a national 3 Support for FinTech Startups/Scaleups RESEARCH &Support DEVELOPMENT INSURANCE And 4000+ knowledge centre. for FinTech Foreword Aegon Ireland Ireland features as our Allianz Re Collaboration 19 The Irish Government Startups/ bringing R&D global spotlight, focusing on Allianz Worldwide Care Spark and start - embracing Augura Life as a percentage of GDP up a notch Scaleups collaborationAXAand forward Life Europe entrepreneurship worldwide AXA MPS thinking, andBarclays how one small Assurance President Barack Obama 20 A major project to establish an Barclays Insurance nation can punch above Canada Life Europe Support for FinTech Startups/Scaleups 3 innovation hub for food in Co Meath Saving Life its weight onDarta the global 6 The new global start-up village Europ Assistance An overview of organisations and Government Generali PanEurope stage despite its economic Jonathan Ortmans, EDUCATION agenciesBy supporting FinTech start-ups/scaleups Hawthorn Life challenges. MetLife Europe President, Global Entrepreneurship New Technology Network, Chair, Spark Global Old Mutual International 21 The concept of researchers working in PartnerRe INDUSTRY/ACADEMIC COLLABORATIVE INDUSTRY Fellow, LABS/ACCELERATORS/ INCUBATORS/ACCELERATORS Entrepreneurship and Senior close partnerships with industry is well Prudential International RESEARCH CENTRES RESEARCH CENTRES Scottish Mutual International Launchbox Ewing Marion Kauffman Foundation embedded at UCC SEB Life International NRDS Launchpad The FinTech Eco-System St. James’s Place International XL Group PAYMENTS 7 3000+ Paypal Elavon Chase Paymentech Mastercard Western Union Realex “Dedicated to people who imagine anything is possible, who create, spark and start, fall and rise again: the dreamers, the doers and the game changers” Maree Helena David Bradley (Initiators, publishers and founders, GEN Magazine) Co-Founders, Think Ireland Inc/GEN Ireland 8 3 Creative spark is the seed... OTHER Global News Innovative approaches in Germany and Denmark 22 Frontline Ventures Ion Equity Cardinal Capital Group Better Capital Halo Angel Network Insure.vc FINTECH 8 GEN Magazine UCD Centre for Cybercrime Investigation UL Data Communications Security Lab DCU Dependable Systems Group CeADAR INSIGHT GRTC Trinity College Dublin’s over-arching approach to innovation and entrepreneurship; NUI Galway’s entrepreneurial journey FUNDING GOVERNMENT SUPPORTS ACT Venture Capital Global Spotlight: IRELAND The Bank of Ireland Capital VF 10 Page 18 Propeller Venture Accelerator Nova UCD NRDC Fintech Dogpatch Citi Innovation Lab Aon Centre for Innovation and Analytics Accenture Innovation Lab Mastercard Labs Zurich Cyber Security Centre Liberty Cyber Security Centre Fidelity Software Development Centre Pramerica Software Development Centre INVESTORS 5000+ IT Solutions Professional Services Corporate Treasury 23 Science Foundation Ireland (SFI) Enterprise Ireland  (EI) Irish Development Agency (IDA) The Irish Business and Employers Confederation (IBEC) The fintech ecosystem in Ireland mapped out Aon’s Centre for Innovation and Analyticsin Dublin 24 New Frontiers ED Programme Maynooth University has opened an ICT HPSU Feasibility Grant hubStrategic as part a major stra ѕ