Digital Finance Summit 2022 https://www.digitalfinancesummit.com/

1. © 2022 Datavillage
www.datavillage.me
Frederic Lebeau
The future of data sharing is data collaboration
Co-founder at

2. © 2022 Datavillage
www.datavillage.me
Co-founder at Datavillage
Worked in finance for about 20 years in software
development, architecture, security and innovation.
Created in 2019 with the mission to enable
organizations to collaborate on data with other
organizations and consumers with trust.

3. © 2022 Datavillage
Today, huge amounts of data are collected,
duplicated and kept quiet in organizational silos.
Data gains value when it is shared.
Gartner predicts that by 2023, organizations that
promote data-sharing will outperform their
peers in most business metrics.
Achieve common goals (work with “frenemies”)
Increasing efficiency / lowering costs
Broadening your research collaboration
When companies collaborate with data across
business units and with external partners, they
report better business performance.
77% revenue growth
62% increased profit margin
63% greater operational agility
www.datavillage.me

4. © 2022 Datavillage
From traditional banking to open data
Open data
Open banking
Scope: Financial sector
account information &
payment initiation
Open finance
Scope: Financial sector
mortgages, pensions,
investments, insurances,
Open economy
Scope: Cross industries
ecommerce, utility,
healthcare, …
Closed banking
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5. Data
Sharing
Data
Marketplace
Data
Collaboration
© 2022 Datavillage
Market is moving from the raw
data sharing to data
collaboration between
multiple parties.
Goal is to extract the common
value of the opened data with
a common purpose.
It’s not only about sharing
data but about collaborating
on data and algorithm.
From data sharing to data collaboration
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Data collaboration models
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7. © 2022 Datavillage
Data collaboration models
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8. Regulations Expensive processes
Ever-evolving data
regulations making it
difficult to share data
assets.
Complex and expensive
legal processes to share
and access sensitive
and personal data.
Challenges
Fear of sharing
Fear of sharing,
losing control
and losing competitive
advantage.
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www.datavillage.me

9. European data strategy and upcoming data regulations
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DGA DA
Protect data Share data Access & use data
Data service act (DSA)
PSD3
Open finance
…
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Sharing without showing !
New privacy-enhancing technologies
Organizations and individuals can pool
their data and algorithms to access new insights
while keeping full control and confidentiality.
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11. New privacy-enhancing technologies open up new opportunities
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Collaborative fraud detection
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12. New privacy-enhancing technologies open up new opportunities
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Example in the media industry
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13. New privacy-enhancing technologies open up new opportunities
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Hyper-personalization with privacy
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14. © 2022 Datavillage
The future of open data is
the collaboration on both data and algorithms
in a trusted framework
Regulations Technology Maturity
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15. Thank you
© 2022 Datavillage
www.datavillage.me