The Cluster’s main objective is to support ABBL’s members in achieving the digital transformation of their business.
This digital transformation as well as the embracing of FinTech innovation are of greatest importance to the future of banks and traditional financial services providers.
Through a structured approach, ABBL will be able to better monitor and follow the efforts and initiatives taken by the Luxembourg government that put FinTech issues on its radar in order to strengthen the financial sector and the Luxembourg ICT sector at the same time.
The combined efforts of the Luxembourg Government, LFF and the concerned private sector aim at creating a credible, competitive and reliable FinTech ecosystem in Luxembourg with unique selling points.
The Digital Banking and FinTech Innovation Cluster is headed by Mr. Jean Hilger, CIO of Banque et Caisse d’Epargne de l’Etat, assisted by Vice-Head Mr. Rolf Bachner, Managing Director of The Bank of New York Mellon (Luxembourg) S.A.
The cluster is represented at ABBL’s Board of Directors by Mr. Jeffrey Tessler, Member of the Executive Board for “Clients, Products & Core Markets” division at Deutsche Börse Group, and Chairman of Clearstream.
The day to day management of the cluster will be assured by Mr. Marc Hemmerling, General Counsel – Digital Banking and FinTech, assisted by Mr. Andrey Martovoy, FinTech Adviser at ABBL.