Banks May Face Kodak Moment if Digital Revolution is Ignored

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The event was held at the Hilton hotel in Canary Wharf, London.

Speaking on the C-level roundtable panel at the European Trading Architecture Summit, representatives from leading buy-side and sell-side firms spoke at length about the need to change business models in response to technological developments, and growing interest in the burgeoning financial technology scene.

"What is cloud? It's nearly infinite computing power at low cost, at least for me," said Hervé Morel-Derocle, CIO at Axa Investment Managers. "Once this is made available to everyone, it

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