Nothing Ventured, Nothing Gained: Rewiring the DNA in Banking offers a behind-the-scenes look at how SC Ventures, Standard Chartered Banks, Standard Chartered Banks innovation, fintech, investment and ventures arm, embraced disruption to thrive in an era of rapid change. In todays evolving financial landscape, business leaders know that innovation is key to sustainability, yet many hesitate to embrace the full scope of transformation. Written by the CEO, Alex Manson, and thought leaders within the bank, Nothing Ventured, Nothing Gained reveals how SC Ventures overcame this challenge by fostering innovation, investing in disruptive financial technology, and exploring alternative business models. This candid account showcases the rise of SC Ventures, a leader in the fintech and venture capital industries. Essential reading for anyone interested in the future of banking and the forces reshaping the industry
Nothing Ventured, Nothing Gained: Rewiring the DNA in Banking explains how one bank overcame this juxtaposition to leverage the benefits of fintech to change the banking DNA for the better. There are lessons in here for all established industries and stories to inspire new ventures looking for those crucial rounds of funding.
Foreword Bill Winters
Preface Alex Manson
Chapter 1 The Genesis of SC Ventures; Alex Manson
Chapter 2 Catalysing Internal Innovation; Alex Manson
Chapter 3 CardsPal: Credit Card Rewards Made Easy; Saim Teong Harng
Chapter 4 The eXellerator: Welcoming Startups with Empathy; Alex Manson
Chapter 5 The eXellerator: Old Meets New; Wea Meng Chang
Chapter 6 TASConnect: The Operating System of Trade; Gautam Jain and Apurv
Suri
Chapter 7 The eXellerator: New Meets Old; Jen McAuliffe
Chapter 8 Building the SC Ventures FinTech Bridge; Harald Eltvedt and
Simran Gil
Chapter 9 Corporate Venture Capital Investment: Too Close or Too Far
Rarely Just Right; Alex Manson
Chapter 10 The Birth of Jarvis; Gautam Jain
Chapter 11 Creating Optionality for Banking through New Ventures; Alex
Manson
Chapter 12 Venture Building: Designing a clear path for ideas; Harald
Eltvedt
Chapter 13 The Road Ahead: Corporate Venturing Quo Vadis?; Prof. Claudia
Zeisberger
Chapter 14 SOLV: A B2B E-Commerce Marketplace for Small Businesses; Gautam
Jain
Chapter 15 audax: Transforming Banking Technology from Legacy to Limitless;
Kelvin Tan
Chapter 16 Rewiring the DNA through Experimentation; Gurdeep Singh Kohli
Chapter 17 Cultural Prerogatives: Diverse and Flat; Alex Manson
Chapter 18 The Biggest Enabler: Culture; Gurdeep Singh Kohli
Chapter 19 Autumn; Michael Kruger and Mark Dymock
Chapter 20 The Role of Technology in SC Ventures; Michael Gorriz
Chapter 21 Mox: A New, Virtual Bank; Deniz Güven
Chapter 22 Control Prerogatives: Getting the Governance Right; Gwenda
Phillips
Chapter 23 Zodia: Rethinking the Role of Banks in the Crypto Revolution;
Maxime de Guillebon
Chapter 24 Compliance: The Agile Compliance Officer; Benedicte Nolens
Chapter 25 Legal: The T-Shaped Counsel; Agnieszka Verlet
Chapter 26 Finance: Cash is King; John Harvie
Chapter 27 Afterword: Brace Yourself for More Change; Alex Manson
Alex Manson is the Founder and CEO of Standard Chartered Ventures (SC Ventures), the innovation, fintech investment, and venture-building arm of Standard Chartered Bank. With a career spanning over two decades in global finance, Alex has been a driving force in transforming the traditional banking landscape through innovative solutions and disruptive technologies.
Before leading SC Ventures, Alex held various senior leadership roles at Standard Chartered, including Global Head of Transaction Banking, where he played a pivotal role in overseeing cash management, trade finance, and securities services for the bank's global clients. His deep expertise in corporate finance, strategy, and financial technology has positioned him as a visionary leader in modern banking.
Under his leadership, SC Ventures has become a leading incubator for fintech, investing in cutting-edge startups and developing new business models to meet the demands of a rapidly evolving industry.
