SlideShare a Scribd company logo
1
10 January 2018
Nigel Swycher, CEO, Aistemos
Innovation in the cloud
Reducing IP risk for Financial Services
2
Our mission is to revolutionise how IP is understood and
exploited
Our weapon of choice is data
3
Real Estate
Financial
Healthcare
l Resources
Consumer
Industrials
Media &
Telecom
Gaming
Leisure
Technology
All sectors are technology sectors
4
0%
20%
40%
60%
80%
100%
1997 1985 1995 2005 2015
Tangibles Intangibles
1997 1985 1995 2005 2015
Tangibles Intangibles
0%
20%
40%
60%
80%
100%
1997 1985 1995 2005 2015
Tangibles Intangibles
‣ 80% OF
ENTERPRISE VALUE IS
INTANGIBLE
The rise of intangibles
5
“In many ways, Barclays is a technology
company with a balance sheet and
regulators”
Jes Staley, CEO, Barclays
“We are a technology company”
Lloyd Blankfein, CEO, Goldman Sachs
“We're going to need to think more
like technology companies and maybe a little
less like banks,”
Richard Fairbank, CEO, Capital One
“We are a technology company”
Marianne Lake, CFO, JP Morgan
6
The growth of Financial Services patenting
0
100
200
300
400
500
600
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
BofA JPM CapitalOne GS Other
60
Chart 4 - Patent litigation against banks (new US lawsuits per year)
Chart 2 - Bank patenting, steady increase over time (New patent filings)
Bank patenting, steady increase over time (new patent fillings)
7
What do banks protect?
Banks - Who protects what (granted and pending patents)
8
Compared to technology companies
Banks vs. Major Tech Companies (2017 granted and pending patents)
9
0
50
100
150
200
250
300
350
2008 2009 2010 2011 2012 2013 2014 2015 2016
0
10
20
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
Chart 6 - Blockchain patenting (new patents filed)
The rise of Blockchain
Blockchain patenting (new patents filed)
Source: Cipher classifier
10
Who owns Blockchain patents?
The magic is the other 239!
11
NPE Litigation
Analysis of NPE litigation by technology area
12
‣ Competitive intelligence
‣ Currency in collaborations and licensing
‣ Protect investment in technology
‣ Management and mitigation of risk
The future of Fintech patents

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Innovation in the cloud - Reducing IP risk for Financial Services

  • 1. 1 10 January 2018 Nigel Swycher, CEO, Aistemos Innovation in the cloud Reducing IP risk for Financial Services
  • 2. 2 Our mission is to revolutionise how IP is understood and exploited Our weapon of choice is data
  • 3. 3 Real Estate Financial Healthcare l Resources Consumer Industrials Media & Telecom Gaming Leisure Technology All sectors are technology sectors
  • 4. 4 0% 20% 40% 60% 80% 100% 1997 1985 1995 2005 2015 Tangibles Intangibles 1997 1985 1995 2005 2015 Tangibles Intangibles 0% 20% 40% 60% 80% 100% 1997 1985 1995 2005 2015 Tangibles Intangibles ‣ 80% OF ENTERPRISE VALUE IS INTANGIBLE The rise of intangibles
  • 5. 5 “In many ways, Barclays is a technology company with a balance sheet and regulators” Jes Staley, CEO, Barclays “We are a technology company” Lloyd Blankfein, CEO, Goldman Sachs “We're going to need to think more like technology companies and maybe a little less like banks,” Richard Fairbank, CEO, Capital One “We are a technology company” Marianne Lake, CFO, JP Morgan
  • 6. 6 The growth of Financial Services patenting 0 100 200 300 400 500 600 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 BofA JPM CapitalOne GS Other 60 Chart 4 - Patent litigation against banks (new US lawsuits per year) Chart 2 - Bank patenting, steady increase over time (New patent filings) Bank patenting, steady increase over time (new patent fillings)
  • 7. 7 What do banks protect? Banks - Who protects what (granted and pending patents)
  • 8. 8 Compared to technology companies Banks vs. Major Tech Companies (2017 granted and pending patents)
  • 9. 9 0 50 100 150 200 250 300 350 2008 2009 2010 2011 2012 2013 2014 2015 2016 0 10 20 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Chart 6 - Blockchain patenting (new patents filed) The rise of Blockchain Blockchain patenting (new patents filed) Source: Cipher classifier
  • 10. 10 Who owns Blockchain patents? The magic is the other 239!
  • 11. 11 NPE Litigation Analysis of NPE litigation by technology area
  • 12. 12 ‣ Competitive intelligence ‣ Currency in collaborations and licensing ‣ Protect investment in technology ‣ Management and mitigation of risk The future of Fintech patents