13th FINANCIAL RISKS INTERNATIONAL FORUM

The Institut Louis Bachelier, in cooperation with the Fondation du Risque, the Europlace Institute of Finance and the Louis Bachelier "Finance and Sustainable Growth" Laboratory, is pleased to invite you to the 13th Financial Risks International Forum.

In the current context, this year's forum will focus on “The Rise of Fintechs: Can Networks and Platforms Disrupt traditional Financial Intermediation?”

This upcoming 13th Financial Risks International Forum aims to highlight the methodo¬logical and regulatory challenges raised by the on-going developments in financial technologies.

Digitalization is reshaping economic activity, especially in the financial sector. Start-ups and technology firms are disrupting conventional banks and insurance companies by introducing new products and technologies, such as new forms of payment (mobile, peer-to-peer), money (crypto and digital currencies), lending (peer-to-peer, crowdfunding) and advice (digital and robo), frequently offered on network platforms. Advances in computing have enabled the use of new datasets (such as online consumer transactions, social networks or satellite images) and forecasting techniques, with extensive use of machine/deep learning techniques. These technological changes have the potential to deliver significant benefits to financial services. Network platforms simplify business and clients’ interactions, but they also modify the competitive landscape, give rise to new risks for borrowers, consumers and investors, and potentially challenge financial stability.