Stephan Clark

Johannesburg Area, South Africa South Africa

Head of Systems and Life Administration at PPS

Finance / Banking / Insurance

I support the view that customers would like financial services simplified, transparent, elastic and commoditised. I believe that providers should strive to create and present the financial services value proposition free of disclaimers and regulatory complexity for which the providers are accountable to the regulators and need to ensure compliance regardless. I am often disappointed by products that fail to extend beyond the two dimensional constraints of line-of-business which is more often than not an excuse to delay the addressing of past legacies. The argument that legacy applications are too difficult to migrate has become archaic and an excuse to inflate less than average operat...