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Wholesale Banking

ING spins out Katana to become a fintech — Transforming an Advanced Analytics product to a company

ING announced the spin out of WB Advanced Analytics portfolio tool Katana to become an independent fintech company. What does it take to transform a product into a company? Frank Derks — Global Tribe Lead of ING WB Advanced Analytics and Santiago Braje — CEO of Katana Labs provide the answers.

Today ING announced the spin out of Katana, a cutting-edge Advanced Analytics tool that helps traders and investors make faster and sharper decisions when trading bonds. This is an important milestone for ING WB Advanced Analytics (WBAA) and Katana Labs proving that WBAA can enable the creative journey of a high performing team all the way from an Artificial Intelligence (AI) idea to an independently funded fintech.

But what does it take to make this happen? How does ING leverage Advanced Analytics capabilities to create successful products and companies that can benefit both ING and the market? We interviewed Frank Derks — Global Tribe Lead ING WB Advanced Analytics (WBAA) and Santiago Braje — CEO Katana Labs to find out.

Read full article on Medium.