Presentation by Christoph Herzog and Felix Becht (Strategy&) as part of the course Financial Technology

On 19 October 2023, Christoph Herzog and Felix Becht, Director and Partner of the strategy consultancy Strategy&, gave the students of the course Financial Technology insights into the state of the German and European banking sector.In addition, the consultants from Munich explained to the students the influence of technical innovations such as generative AI and blockchain technology on the banking industry. Afterwards, the students had the opportunity to ask questions about the topic, but also about careers in strategy consulting. An opportunity that was gladly taken by many of the numerous students who attended. The chair would like to thank Christoph Herzog and Felix Becht, as well as Strategy& for their time and interesting insights.

The lecture is part of the "Financial Technology" module taught by Prof. Hornuf for the first time at TU Dresden, in which students learn more about the influence of technological innovations on the financial services sector. Topics covered in the module include, among others:

• Crowdfunding/lending/investing
• Robo-advice
• Social Trading
• Blockchain Technology

This semester, there will be two more guest lectures from practitioneers. Frank Reinecke from the High-Tech Gründerfond examines functioning business models in the crypto world. Roland von Horn from the Swiss private bank Julius Bear will look at, among other things, how artificial intelligence and, in particular, large language models can be used in financial consulting. Interested students are welcome to attend. For further questions, please contact Prof. Hornuf.