Aaron Bare: Helping Organizations to Create new Leaders

Aaron Bare is a strategistentrepreneur, and the Wall Street Journal and USA Today Bestselling author of Exponential Theory. Aaron has held multiple global leadership roles in strategy, innovation, technology, marketing, and sales. As a leader, Aaron is results-focused and conscious and understands how to create a high-performance culture.

He is also the creator of the XMBA (eXponential Mindsets, Beliefs, and Attitudes Group Coaching Program), #1mXL a movement to build one million exponential leaders, and the “XX Podcast; Two Exponentials in a Flat World.” Beyond traveling to more than 90 countries and all 50 States, Aaron has facilitated innovation and strategy at over 500 companies and appeared on 20 of the top 250 podcasts. He is highlighted as 10 Leaders to Watch in 2022, listed on 50 under 50 Leaders, 40 under 40 Leaders, 35 under 35 Entrepreneurs, and one of his companies have been awarded “Most Innovative Company in the U.S.” His award-winning digital strategy firm had clients such as Google, Council for Foreign Relations, Coca-Cola, Harley-Davidson, Dannon, Emerson, Comedy Central, Telemundo & Dell, where he built over 100 software projects focused on growth hacking leveraging the viral loop.

An Exciting Career

Aaron started his career with Accenture as a programmer, leading him to develop more than 400 websites, various software projects, and apps at his award-winning digital agency, which was sold in 2016. He has also built the largest Sales Association on the planet earth; he has built a career site for 10 million monthly visitors. Additionally, he is known for building and marketing the number one food app in the Apple Store holding the top spot for more than 20 weeks.

Later he went ahead and built a Bitcoin-powered auction site, helped a Drone Management Platform to increase sales and customer base. He also holds a 3D printing patent along with his daughter. He has been an EIR at ASU WP Carey School of Business, ASU Fulton School of Engineering, Thunderbird School of Global Management, Center for Entrepreneurial Innovation, and Arizona Commerce Authority. Aaron is currently working with an X‑Prize winning mask. He has launched a private equity/venture capital firm to accelerate ideas. Finally, he advises C‑Suite, start-up founders, private equity, venture capital, and family offices on the future of business and exponential theory.

Aaron is also a Certified Historian, Certified Professional Philosopher. He was the creator of the Oxford Leadership Online Certified Coach, which is closing in on over One-Million participants. As a former Entrepreneur-in-Residence at Thunderbird School of Global Management at Arizona State University, (Ranked #1 in Innovation, 7 years in a Row) and Singularity University at NASA Ames campus in Mountainview, California, Aaron has been exposed to some of the most repeatable, predictable, scalable, and sustainable business models. He currently focuses on helping individuals explore Ancient Wisdom, Repeating Histories, and Modern Science through his XMBA program that focuses on Unlearning, Reprogramming, and creating the Growth Mindset to ultimately create, an Exponential Mindset, Beliefs, and Attitude. He also helps companies through customized solutions to scale their Exponential Leadership and Business Models.

“There’s only one rule in life, have fun!”

Helping People with Scholarships

Aaron Bare and Exponential Theory are providing scholarships to those who are unable to afford the XMBA program. Currently, Aaron Bare and is offering the Exponential Theory ebook to many organizations in order to discuss and get access to the digital Exponential Theory course. Exponential Theory’s goal is to democratize the Exponential Mindset. The desire to create 1,000,000 exponential leaders is real and ambitiously exponential.

Biggest Failures

When it comes to the biggest professional failures Aaron says, “We win or learn – failure is not part of my journey.” He adds, “With no failure, we have no problems, fear, doubts, worries, anxiety, stress, regrets, or limits. Only opportunities to win or learn. The faster we learn, the faster we grow. Make mistakes, learn, iterate.”

The Greatest Accomplishments

When we asked Aaron about his greatest accomplishments, he said, “I summarized my findings in my professional facilitation career in the Wall Street Journal and USA Today bestselling book, Exponential Theory: The Power of Thinking Big. In this book, I outline ten unique ways companies can build themselves to grow exponentially and disrupt themselves before they get disrupted.”

Also included in this bestselling book is an outline for future leaders to grow themselves personally, professionally, and organizationally. When leaders embrace the traits and concepts of Exponential Theory themselves, they increase their vision, understanding, clarity, and agility of the volatile, uncertain, complex, and ambiguous world we live in.

Future Roadmap

The vision for Exponential Theory is to help the world think bigger. Aaron believes Exponential Theory will help develop leadership academies within some clients’ corporate training infrastructure, ensuring that not only executives get personal, professional, and organizational development.

Exponential Theory’s client portfolio will have a global reputation of tackling wicked problems; problems that impact more than a billion people and are compounding in both their complexity and unpredictability. Ultimately, the success of the clients and the leaders Aaron works with will be the greatest testimonial of all, and he looks forward to creating an army of optimistic, mindful, conscious future exponential leaders.

Company Name: Exponential Theory

Management: Aaron Bare, Strategist, Entrepreneur, and Author

URL: aaronbare.com

Vinculums Vin eRetail SaaS Suite Launches in AWS Marketplace

Vin eRetail is a SaaS-based retail suite that offers seamless shopping experiences

India, March 31, 2022: Vinculum, a global software company headquartered in India, enabling Omnichannel Retailing, today announced the launch of its Vin eRetail, Omnichannel SaaS Suite, in Amazon Web Services (AWS) Marketplace. Vinculum’s customers can now merge billing, simplify procurement, and achieve faster time-to-value with Vin eRetail in AWS Marketplace to help produce insight-driven tactics and improve customer experiences.

AWS Marketplace is a curated digital catalog that makes it easy for organizations to discover, procure, entitle, provision, and govern third-party software. Using AWS Marketplace, organizations can shorten procurement times, implement the controls needed to operate with confidence, and unlock innovation.

Vin eRetail is a SaaS based Omnichannel suite built on AWS, leveraging services including Amazon Simple Storage Service (S3), a highly secure, scalable, and durable object storage system. Vin eRetail also uses Amazon ElastiCache, a fully managed, in-memory caching service supporting flexible, real-time use cases to deliver faster responses for integrations, Amazon RDS, a collection of managed services that makes it simple to set up, operate, and scale databases in the cloud, and Amazon Elastic Compute Cloud (EC2) instances, which provides secure and resizable compute capacity for virtually any workload to eliminate the need to invest in hardware upfront & others.

Vin eRetail offers a seamless shopping experience to consumers with Vinculum’s modular suite of products covering inventory management, replenishment, B2B & B2C warehousing, returns management, order management, supplier portal & analytics. Vin eRetail helps organizations across the entire customer experience, managing data across channels with product Information management, integrating with 150+ marketplaces, webstores & last-mile fulfilment companies, providing a single view of inventory across channels & locations, segregating inventory for multiple clients, providing visibility using client portal, and enabling order fulfilment from multiple warehouses/locations with cross-channel payment reconciliation.

Speaking about the launch, Venkat Nott, Founder & CEO, Vinculum group said, Vin eRetail’s availability in AWS Marketplace makes it easier for brands and retailers to get started with the cloud easily and quickly. Vinculums expertise, having been recognized as an AWS Advanced Technology Partner, combined with Vin eRetail being listed in AWS Marketplace, means that customers can now jumpstart product deployment and scale on the cloud. We are very excited for the possibilities.

Vinculums is an AWS Differentiated Partner on the Software Track, and participates in the AWS Retail Software Competency Program, AWS Independent Software Vendor (ISV) Accelerate Program, and Amazon Relational Database Service (RDS) Service Ready Program. Vinculums is part of the Amazon Digital Suite for Small and Medium-sized Businesses (SMBs) a set of easy to use software powered by AWS, designed to meet SMB business needs, available at attractive price points, and with dedicated support.

About Vinculum Group: Vinculums is a Global Software Company enabling Omnichannel Retailing. We help brands and retailers to easily scale, reach and delight customers across channels globally. With a mission to help brands easily reach and delight customers globally, we have managed over 6 MILLION SKUs, served over 30 countries, had over 150 integrations and over 80 partners. For more information, please visit https://www.vinculumgroup.com/

Creative Newtech unveils Dustor – best-in-class & futuristic superior robotic vacuum cleaner with LIDAR technology

Mumbai, March 29, 2022: Creative Newtech (NSE: Creative) one of India’s leading Brand Licensee and Market Entry Specialist today launched Dustor – a next-gen superior robotic vacuum cleaner that comes with the latest LIDAR technology that maps the area and then cleans corners and surfaces of particles that human eyes cannot see and would be difficult to access manually. It comes with 1.5- 2cm obstacle crossing and its anti-cliff sensor protects the robot from any accidental fall. Dustor also has an automatic charging facility. Being a smart device, Dustor can be accessed from anywhere and cleaning scheduled anytime as per convenience. It comes in 2 variations currently – Dustor BotX Pro & Dustor BotX1, its currently available in online marketplaces like Amazon, Flipkart, Pepperfry and would be rolled out nationwide through modern trade and other channels in a gradual manner.

Commenting on the launch, Ketan Patel – Chairman and Managing Director said, “The pandemic has brought higher hygiene awareness levels to every Indian home and also has driven home the fact that one cannot always rely on manual help at home when it comes to mundane but important tasks like cleaning. Designed in the US and based on extensive research of the Indian consumer, the Dustor is here to revolutionize not just the home cleaning market but beyond as well. Its cutting edge and packs in so many features that it will make house cleaning a breeze, but also more effective than before. It can clean all surfaces including sofas and carpets making it an all in one solution for upwardly mobile Indian households. Our initial focus is metros and Tier 1/2 cities in the initial phase and we have already received an encouraging response with our test launch roll-out done through social and digital platforms.”

About Creative Newtech: Founded in 1992 by Ketan and Purvi Patel, the Mumbai-based company has grown organically in 3 decades to become one of India’s leading brand licensee and market entry specialist offering offers 70+ brands, 3200+ products, 5000+ happy channel partners, 10000+ metric tons of monthly distribution and 50000+ metric tons (across its product range) of monthly import and export. With an omni-channel network that spans online, offline and retail, Creative Newtech is among the handful of national players to provide end-to-end solution from contract manufacturing to retail distribution & brand licensing. Listed on NSE since August 2019, it employs 200 professionals. It currently distributes Honeywell, Disney+Marvel Reconnect, BPL, Philips, Samsung, Transcend, ViewSonic, Zeiss, Hyperice, BaByliss, BPL, Cooler Master, Colourful, Insta360, Hama, Fujifilm, edelkrone, InVue, MSi, Olympus, PNY, Printronix, Rapoo and Thermaltake, etc. in India and beyond. Its Ckart platform initiative has also taken off well.

For more details on the product:- https://dustor.com/

Virtual i Technologies launched Hi My Eye video communication software for hybrid customer service operations without geographical limitations

Virtual i Technologies launched its new product Hi My Eye today. Hi My Eye provides video communication, collaboration, virtual inspection, customer service and maintenance software solutions for multiple industries.

Zurich, Switzerland, xx April, 2022 – Virtual i Technologies carries its experience in agile and hybrid working solutions for the insurance industry to a broader spectrum with Hi My Eye. Hi My Eye  virtual communication software enables inspections, discoveries, customer onboarding and support online anytime, anywhere without the need for travel, delivering for a wide portfolio of industries from banking, health, hospitality to SaaS, manufacturing, e-commerce, logistics and more.

Hi My Eye enables accurate, real-time, structured data gathering via video communication. With its 7-API-point infrastructure it is easy to implement for any local systems as well as available on prem and whitelabel. Developers can adopt the software to their own platforms in up to 2 weeks including integration and tests. With its easy-to-adopt and user-friendly infrastructure, it is the perfect solution for workforce collaboration between clients, project managers, inspectors and crew members (even in remote locations), collecting audiovisual evidence and tracking documentation.

Designed for All Industries

Rather than focusing on limited video conferencing, Hi My Eye is designed for uninterrupted real-time data gathering and verification with 360° video meetings to bring you together with your teams, clients or business partners that are multi-located. Hi My Eye connects remote users with the full context of a real-world location, enabling more effective virtual data collection and communication. Hi My Eye software is easy to use for customer operation, technical support, onboarding teams and all hybrid workers. The software provides secure, easy, remote data collection for different industries such as logistics, health, real-estate, defense, banking, SaaS, e-commerce, energy, retail and more.

Uninterrupted Process

Even in remote areas, with Hi My Eye it is possible to easily collect audio-visual data anytime, anywhere. Users can easily record videos, take photos, and get the location of the callee in a structured secure way. It is automatically uploaded to the cloud for you to operate smoothly.

  • No more traveling for or waiting for your customers at your office for customer service operations. Immediate video customer service with Hi My Eye
  • Need to adopt today’s hybrid work and service environment? Onboard, support your customers online anytime, anywhere without traveling.
  • Don’t worry about months of development and integration timeframes. Hi My Eye is ready to go live in under 2 weeks with easy API integration.

Easy Start for the Modern way of Customer Service with 3-months Saving

Virtual i Technologies welcomes their visionary customers who adopt their businesses in agile and hybrid operations for a smoother customer journey with a complimentary 3 months subscription offer. Companies can now start using Hi My Eye without a technical subscription fee for the first 3 months.

Veysel Sinan Geylani, Founder and CEO of Virtual i Technologies: “What we are eager to do at Virtual i Technologies is to support the growth of our customers and enabling them to become a global player in the competition with our ground-breaking technology. We carry the mission to make high technologies such as uninterrupted data gathering accessible for all sizes of companies. Today I am happy to make available our AI-backed data driven technology, which we developed for the insurance industry, now to all sectors to improve our client-centric approach. With Hi My Eye, it is possible to adopt customer services  into today’s changing customer needs in an agile way.

About Virtual i Technologies

AI-backed solutions for insurance underwriting and more

Founded in 2018, Virtual i Technologies provides intelligent solutions that allow the insurance industry to assess risks before insuring them. The company, based in Zurich and operating globally, enables the insurance industry to shift from good faith-based underwriting to dynamic and data-based decision making.

Created and patented by Virtual i Technologies, [VRS]™ Virtual Risk Space offers an innovative platform to assess risks of different sizes, from micro to large, before they happen. As a unique, technology-based and cost-effective platform, [VRS]™ brings immediate and visible results to the insurance industry. With Hi My Eye, Virtual i Technologies expanded the user ecosystem from the insurance industry by enabling  innovative high-tech solutions accessible for agile operations in various industries.

With its outlier vision, Virtual i Technologies is awarded by Morgan Stanley Multicultural Innovation Lab, DXC Invitational Insurtech – Europe 2021, ACORD InsurTech Innovation Challenge, AGEAS INsure Open Innovation Program among others.

Ekta Ahuja: Transforming Homes with Innovative Services

With more than 19 years of experience at the forefront of the interior design industry, Ar. Ekta Ahuja is one of the most well-known interior designers in Pune. Ekta received her architecture degree from Dr. B.N College of Architecture, Pune, and soon she worked with Ar. Hafeez Contractor, who is an icon in the field.

Later Ekta founded her own Architecture & Interior Designing house named; Tejomaya Architects & Interior Designers, which is a true reflection of effulgence, brilliance, and splendour that echoes through every architectural and interior design it creates with finesse. Ekta and her team’s relentless passion for contemporary art and design inspires them to create a stunning vision of luxury, style, and grandeur like never before.  

The ever-evolving style from Ekta is often best defined as ‘classic contemporary’ creating a stylish and nonchalant dialogue. Ekta’s use of neutral tone in furniture and adding colours with artifacts, artworks, and soft furnishings creates unique, memorable, and inspired spaces.

Transforming Homes

Thanks to an experienced, highly qualified, and dynamic team of interior designers, technicians, architects, and project managers specializing in various aspects of design, Tejomaya Architects & Interior Designers’ employees allow it to offer the best experience for its clients.

Ekta and her team manage the entire process starting from the conception stage through the completion stage. The team is equally happy to work on both residential and commercial projects, both in Pune and outstation.

Tejomaya offers multiple services for its clients, which include;

  • Interior Architecture & Space Planning: Tejomaya Architects & Interior Designers are one of the best residential interior designers in Pune. As the founder of the firm, Ekta takes a complete overview of every project, so that every aspect of the scheme is completely integrated and is in line with the clients’ brief. The architectural design team is very much well versed, when it comes to providing various internal services like state-of-the-art AV, Automation, HVAC, Lighting Systems, and MEP.
  • Interior Space Planning: Sometimes, a small change can bring a huge difference to a troublesome area. Interior Space Planning is Ekta’s specialty, and this service helps to bring out the best of any space without having to make any major changes.
  • Furniture Design: Rather than following a distinct house, Ekta and her team ensure that every project Tejomaya undertakes is perfectly tailored to its clients’ needs, tastes, and style.
  • Lighting Design: Just like every human, all rooms and buildings have their personality, and most of the time few touch-ups and proper lighting design consultation, one can make it stand out. So, Ekta and her team work with their clients throughout the whole process to get the best out of it.
  • Landscape: Tejomaya Architects and Ekta is best known for their pre-construction consultations. Ekta feels an impressive space or structure that often leaves a long-lasting memory and impression that can be bought to light by natural lights and landscapes. Ekta and her team use these features extensively indoors and outdoors.
  • Interior Styling Consultation: As every room or building has its personality and stories to tell, Ekta uses many materials, textures, and colors to make each place comfortable, and welcoming.
  • Old Property RenovationRestoration-Remodel: Under Ekta’s leadership, Tejomaya architects identifies the proper methods to transform old properties for the new intended usage.

Tackling Challenges

During the initial days of Tejomaya architects, it was more of a one-woman show, with Ekta only. However, with time, the company grew and hired new architects, supervisors, and other team members.

Although, the main challenge for Ekta was always recruiting the right talent because Tejomaya architect does bespoke designs. So, the organization needs to have a good amount of talent, who can follow Ekta’s design sensibilities, and show clients’ personalities in their designs.

Inspiring Employees

The pandemic was a tough time for everyone, but the planning and organizational skills of Ekta and her team helped them to sail through. Since everybody moved to a work from home concept, it increased Ekta’s horizon to hire new talents across the country.

Ekta Ahuja also witnessed that people understood the value of a good home, so her industry and business has flourished post-Covid. So, once work starts flowing, the team automatically gets motivated. Also, being in the office after a long time has motivated people to a large extent. Additionally, when a bunch of creative minds works together it’s a different outcome. She says, “Learning is a continuous process and it can happen only when you are exchanging ideas in our field, so that’s the biggest motivation for them to work in a team and see their project come up and site getting done.”

Future Roadmap

For the future, Ekta Ahuja and her team at Tejomaya are venturing into a lot of architectural work, so Ekta wants to increase the horizon of her firm and is looking to expand her team pan India. She also has an architectural department, which is doing more and more architectural work.

Advice for Young Entrepreneurs

When we requested Ekta to provide some suggestions for the young entrepreneurs. She says, “The most valuable advice I have always received, and I would like to pass it on that you should always stand by your values and beliefs as if you don’t stand by something, you’ll fall for anything.”

Company Name: Tejomaya Architects & Interior Designers

Management: Ar. Ekta Ahuja, Founder

URL: tejomayadesigns.com

Meta is testing end-to-end encrypted backups on Messenger.

Metaphors are now willing to make end encryption in almost every chat. On that note, they have taken help from various aspects so that they will be able to implement an end chat encryption process so that they will be able to complete the testing process, and they will be able to launch the end encryption process in every Messenger that they are willing to use. With the help of Facebook Messenger, people also communicate with each other taking it in their minds. The metaphors have also taken various steps so that they will be able to complete the in-end encryption process in the Messenger section, and they will be able to complete the backup process of it. Until now, meta has only given this opportunity to WhatsApp users that they will be able to take help from the n to and encryption messages so that they can send messages to each other and no one will be able to interrupt them. This is going to be one of the most crucial steps that the company is willing to take so that they will be able to make necessary changes in Facebook Messenger, too, and it will help users protect their data. 

In WhatsApp, they have at first declared the end-to-end encryption process, and from that time, they are willing to implement it in every Messenger that is situated under the metaverse. The company has taken help from various steps, the help of which they will be able to implement the metaphors and the end-to-end encryption process in every messenger sector they are willing to use. As a result, people are also eagerly waiting to watch the situation coming across them so that they will be able to make necessary changes in Messenger and be able to encrypt their messages completely on the Messenger platform. So this is the thing that people should consider so that they will be able to create almost necessary changes in Messenger, and it will be very helpful for them also. 

According to users, this is also going to be one of the most useful steps. With the help of each day will be able to complete the necessary steps that are going to be one of the most important steps by which day will be able to complete the end-to-end encryption process.

Yossi Abadi: Selected Among 10 Most Innovative Business Leaders Revamping The Future, 2022

Abadi, rated by FORBES as the most recognized Israeli in LATAM, has been selected for his social vision, entrepreneurial spirit and technological development in both America and Africa. 

Meet Yossi Abadi, the CEO, and Co-founder of Tenlot Group. Yossi was born and raised in the Holy Land, he is 100% Israeli, but with a Latin spirit. He lived several years in Mexico and the Dominican Republic and speaks fluent Spanish. Yossi is married and the father of two wonderful children.

A person with a clear vision, Yossi is motivated by an abundance of passion. He thinks what best characterizes him is his motivation to create new initiatives, and ideas to start projects from scratch. Yossi felt, he has fulfilled his mission when the other members of his team are as passionate and motivated as he is to lead a project. Yossi is also passionate about diplomacy, social responsibility, business, and entrepreneurship.

Yossi earned his Law (LLB) and International Relations (BA) degrees from Reichman University (IDC) in Israel, specializing in Homeland Security and Terrorism, graduating summa cum laude.

From 2012 to 2015, he was the Chief of Staff of the Minister of Energy and Mines of the Dominican Republic, responsible for international negotiations and alliances with other countries. Yossi had previously served as an International Advisor to the National Authority for Maritime Affairs of the Dominican Republic. He was also appointed as the Honorary Consul of El Salvador in Israel.

The Steadfast Leader

Throughout his life, Yossi has had many people who have left their mark on his vision and career. Above all, Yossi feels blessed to have had the unconditional support of his family.
He has also been privileged to work with a phenomenally successful mentor: Jacob Engel, Chairman, and Founder of Elenilto Group and EngelInvest, as well as Chairman and Co-founder of Tenlot Group. His work in developing markets and philosophy of giving back to communities in which a company works have truly inspired Yossi.

Leading Projects in Various Sectors

Tenlot Group is a high-tech corporation, active in the gaming industry. In addition to providing B2B and B2G services, based on the firm’s advanced, proprietary gaming platform, the firm specializes in private investment in lottery operations in cooperation with various governments worldwide. Its investment group also leads projects in the mining, renewable energy, and infrastructure sectors, with private investments and government alliances on several continents.

Most of the time, Yossi and his colleagues work with governments, and charity organizations, operating under license on their behalf. This requires a lot of responsibility, much more than a simple private project, because there is no room for failure.

Yossi says, “When your team grasps the scope of the responsibilities that come with working on behalf of mega-institutions, you have taken the first step towards a successful operation.” He also adds, “When the client sees the commitment and dedication of the team, they understand that ours is a company that truly looks out for their interests. That is the key.”

A Child who Dreamt of Being a Lawyer

As a child, Yossi always dreamt of becoming a lawyer– a passionate litigator, who fights for justice, as we see in the movies. He prepared himself from a very young age for a career in law, well before university. But once Yossi achieved his goal, he felt that his passion for business, investment, and being able to contribute to the social development of communities was stronger than his love for litigation in court.

Losing fear of taking risks was the first lesson Yossi learned and the first real decision he made. It is what led him to leave what he was doing, change course and embark on new paths. Since then, Yossi always remembers that to reach new heights, you sometimes have to break paradigms.

Yossi decided to leave something solid and promising, in his own country, Israel, and fly abroad to chase a dream that was not even clear. This completely changed the course of my life.

Tackling Primary Challenges

Being an Israeli who works mainly in Latin America and Africa, Yossi Abadi thinks what most caught his attention is the need to adapt to the local culture. Many multinationals come to global markets wanting to impose their style, and they are destined to fail.

He says, “You cannot expect to visit a country and ask whoever invites you to enter their house to have the same style you have. There are so many cultural differences. It’s the biggest challenge in any operation we’ve had.”

Yossi Abadi believes it takes patience, respect, and a willingness to adapt. He adds, “What had surprised me is the patience and confidence my entire executive team has had in the countries in which we operate when faced with significant challenges.

Picture of the Future

What excites Yossi Abadi most about the future is knowing that anything is possible. To know that there is nothing, that is too out of reach or too difficult – if you only believe it. His personal goal is to continue generating businesses that impact people’s lives and help them change for the better – to make a difference. Knowing that as a company, and as a businessman, Yossi not only generates wealth but also hope.

Matthew Hodgson: Reshaping the Banking Industry

Mosaic Smart Data was born directly out of the challenges its founder and CEO, Matthew Hodgson faced in his career working as a senior trader in fixed income markets. Despite the massive size of the fixed income market, which is worth about 100 trillion globally, the availability of data-driven insight for banks on the deals they are making with clients is often remarkably rudimentary.

Matthew always wanted to ask questions like, “who are my most profitable clients?” “Which ones aren’t trading with me as much as I would like them to?” and “how can I win back their business?” he also added, “If I was running a supermarket, I would know exactly what the answers to those questions were. But in an investment bank, we just didn’t have the data in the right shape to answer these fundamental business questions.”

Eventually, Matthew came up with the idea to build the systems that everyone would need in the banks to make the data available to the traders to do their jobs more effectively. Initially, Matthew and his team tried to build it in-house, but because of the way banks are set up, and the scale of the technological challenge, that wasn’t possible. Later they realized the easiest way to do this was to set up an independent start-up and work with the banks to help them implement the Mosaic technology to fit their needs.

Journey of Mosaic Smart Data

“Starting a company looks easy from the outside but can be enormously challenging.”- says Matthew. He completely focussed on the timing of launching Mosaic Smart Data’s new software ensuring ‘product-market fit.’ Matthew believes, this is an iterative process and requires relentless dedication to find the exact pain point customers feel and then solve for it. However, it’s all about timing, and launching too early can lead to failure as the market is not ready yet. On the other hand, going too late can lead to new competitions as new entrants are already competing away market share and profitability. This is the single most important decision for early-stage companies to consider and this balancing act cannot be sufficiently emphasized.

Matthew says, “It’s vitally important to make sure that the product you are launching has a sustainable proposition and is extensible.” He and his team members are often asked about Mosaic Smart Data’s roadmap for new features and functions looks like and this drives the team’s thinking around ensuring that it remains relevant to its clients. That being said, sometimes it makes sense to take bold risks in anticipation of client demand and this requires deep analysis.

Under Matthew’s leadership, the organization has always focused on accessing broad networks which opens up the avenues to partner with other complementary businesses. One thing must be remembered, a business can’t build everything by itself, so one needs to focus on the existing competitive advantage and outsource where he/she can get to the market faster.

When Self-Belief is a Driving Force

Building a technology like Mosaic is always a huge undertaking. Matthew believes no one has built this kind of real-time and predictive analytics system for FICC (Fixed Income Currencies & Commodities) markets before, so he and his team were breaking new ground.
Matthew says, “At the very beginning, I’d always ask myself why the Apple for fixed income analytics wasn’t available and so that then became the goal – to build a platform that offered the beauty and intuition of an Apple product that masked the enormous complexity and computation behind the user’s experience.

To that end, the entire team of Mosaic needed the self-belief that it was possible and its designers and engineers were capable of delivering on those objectives. However, at the same time, the team had to remain focused on the micro details and flawless execution necessary to capture the imagination of the biggest players in the financial markets.

Matthew believes, “You need some really powerful analytics which will interrogate the vast flows of trade data to get the information you need. But, beyond that, you also need to find a way to present that data in an intuitive, graphical way so the trader or salesperson can very quickly look at their Mosaic dashboard and get the information straight away.”

The firm has put a lot of effort into building something beautiful and a joy to use, as well as bringing incredibly powerful real-time analytics into the hands of the trading and sales desks.

Data Analytics is the Future

According to Matthew Hodgson, Data analytics is going to become the cornerstone of a bank’s competitive advantage. One of the very interesting trends Matthew Hodgson and his team at Mosaic have seen recently, illustrates, although banks are in many cases reducing their technology spend, they are putting more money into purchasing market data. At the same time, venues are charging more for the trade data services which they offer, reflecting the value that data represents to trading institutions.

With the leaps forward that Mosaic Smart Data is seeing in machine learning and analytics more broadly, the banks can see the potential that data holds to improve the performance of their trading desks, picking out trends and patterns that no human could compute at the speed of thought. That is why they are prepared to spend so much on this data.

However, in many cases, they are underutilizing the data which they already hold. Banks’ trade data is spread across their organization in different databases and held in different formats. If banks bought that data together into one secure, standardized data lake, it could speed up their big data adoption and slash the cost of buying in market data at the same time.

Some Advice

When we asked Matthew Hodgson to provide a few suggestions for young entrepreneurs he says, “I think it comes down to building the best team. As the founder of a start-up, you cannot possibly do everything or be intimately involved in every decision.” He adds, “You have to find people who you really trust and are the very best at what they do and then give them the space to perform. My role is then to make sure that everyone is pulling in the same direction and ensuring we are making progress.

New entrepreneurs need to remain positive under the most challenging times as teams will respond positively to consistency and a ‘can-do-never-say-die’ attitude. Matthew Hodgson always keeps reminding himself to operate from a transformational rather than transactional perspective. With software such as Mosaic’s, it is focused on improving the clients’ profitability and market share and that requires consultative sales and deep domain expertise.

He adds, “If you know what you are talking about, it’s only a matter of time before you can transform your clients’ environment and as a consequence, the transaction with them and invoice will follow.”

Martin Wachter: Leading the World of Virtual Sports and Betting Solutions

With the intent of offering the first real sportsbook with a virtual outcome, Martin Wachter, the CEO of GoldenRace founded the company. GoldenRace is a world-leading developer and provider of award-winning virtual sports and betting solutions for land-based and online operators. Based on its target of offering a real sportsbook, Martin and his team created realistic odds, and their virtual sports engage players constantly, generating more than 25 million bets per day through the firm’s partners around the globe. 

 

The company’s bestseller is its virtual football league. Apart from virtual football GoldenRace is also one of the global market leaders in pre-recorded video sports, and its games have been licensed and certified in the most demanding jurisdictions. They are currently available in over 50,000 shops and on more than 400 websites.

 

The Man Behind the Company

 

Martin was born and raised in a small village in the Austrian mountains, and since childhood, he has dreamed of creating something big. Martin is comfortable adjusting to any situation and doesn’t get flustered easily when faced with unexpected challenges.

 

After finishing school Martin began working in sales for an insurance company and from day one, he loved to sell; he considers it one of his strongest talents. Martin started to learn about this business and what he does today in another company but bringing his idea was proving to be difficult. So, becoming an entrepreneur gave him the chance to achieve all his dreams and share his experience with others.

 

Martin also feels that to be successful in business, and in private it is important to not only be financially healthy, but people should also keep themselves fit mentally and physically. For those reasons, Martin does several different sports and studies a lot about food and diets.

 

Ensuring Client Satisfaction

 

Martin feels, one of the good things about Golden Race, is the company has clients in all areas of the world – those small businesses with dreams of becoming big, like Martin himself in the past, and also larger clients who are leaders in the market. Martin and his team at GoldenRace don’t differentiate or make decisions about where they are now – they look at their potential, their future, and where they want to go.

 

In terms of unbreakable faith, GoldenRace’s clients know that the firm takes responsibility for mistakes related to its products and that the firm keeps its word through the good and the bad. An agreement is an agreement and this is how Martin and his colleagues work.

 

Tackling Primary Challenges

 

During the early days, Martin and his partner decided to fund the business without any external funds, which posed a lot of challenges for the firm. It was a very challenging time to be able to employ new people as the business wasn’t big enough. Martin and his partner had to do jobs on the side to finance their dream and pay the employees on time.

The first 8 years were very difficult for both of them, as they worked every day and the outcomes were not as expected, but they never gave up, and then things changed for the good and now they have built something big.

 

Martin says, “The challenges grow, the team grows and it’s a big responsibility when you know that your 300 employees are counting on their jobs to support themselves and their families and children.” He also adds, “We’ve worked hard to be in a good position and have an amazing business – even the pandemic didn’t stop us from having so many employees.”

 

A Balanced and Equal Industry

 

When it comes to creating a balanced and equal industry, Martin’s first suggestion is to reinforce that companies are successful thanks to the people that work in them – the boss is just one person. Happy employees are the cause of a successful business. In his view, one should never ask people to do something he/she is not willing to do, and leading by example is essential. He feels, it’s important to find ways for your teams to have a good work-life balance, which is one of the reasons Martin Wachter has implemented a 4-day working week. 

Martin says, “To be more balanced as a company, you should try to be clear where you want to be and what you want to achieve. You should have your own goals and not be driven by what your competition does.” He further adds, “Customers are also what makes the company grow. At GoldenRace one of our main targets is to help our customers grow as it will help us to grow as well.”

 

Future Goals

 

Martin feels it’s important that GoldenRace always remember where it came from and what made it what it is today so, the firm can continue growing and remain the global market leader. Martin and his colleagues want to expand the business in new markets, especially in North America, with new partnerships already signed in the US and Canada. Martin Wachter is excited about everything that has happened so far and will in the future.

GoldenRace still has a lot to do and markets to access, which motivates Martin to carry on pursuing his work and his story of success.

 

One of the things which makes him most excited and proud is that GoldenRace doesn’t follow the market – the market follows it and its creativity, and Martin Wachter will do all that needs to be done to remain on this level.

Exit mobile version