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Jean-Paul LaClair of FDX on Open Finance

In this episode we talk with Jean-Paul LaClair, Senior Director of Product and Financial Data Exchange about the best ways to pursue open finance through adoption of systems and standards. Jean-Paul came out of Cornell University with a BA in Economics and Sociology, and prior to landing at Financial Data Exchange worked at USAA and M&T Bank. We cover topics like:

  • What’s lacking in conventional approaches to lending?
  • What's the best way to build a financial ecosystem that serves everyone?
  • What exactly is open finance?
  • How exactly does open finance benefit consumers and customers?
  • How do you get so many players in finance to coalesce around one standard?
  • What are the security concerns around open finance and data-sharing?
  • Who are the member organizations that would participate in open finance?

Useful Links:

Jean-Paul LaClair on LinkedIn

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