From cloud to AI to open-source tools, when it comes to innovation, banks and asset managers tend to take a more cautious approach—the various financial services regulators tend to frown upon the motto “move fast and break things” when it comes to managing ma and pa’s retirement funds. So these technologies tend to first prove themselves in the realm of consumer goods before trickling down into the capital markets.

What many don’t realize is that many of the revolutionary consumer goods and