{
  "docId": "019dd923-5e88-73ef-bd58-c7af1a002efe",
  "docSlug": "07289b531ed25d67",
  "documentTitle": "EY Ireland FS Research Report",
  "authorId": "MorganStanley",
  "authorName": "EY",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "equity_research",
  "sourceTypeLabel": "Equity research",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.778,
  "pageNumber": 15,
  "pageCount": 53,
  "prevPage": 14,
  "nextPage": 16,
  "slideType": "ceo_quote",
  "function": "recommend",
  "density": "overcrowded",
  "nDataPoints": 0,
  "notes": null,
  "elementsJson": [
    "headline_text",
    "bullet_list",
    "quote_block",
    "headshot",
    "icon_grid"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5e88-73ef-bd58-c7af1a002efe/15",
  "deckHref": "/decks/019dd923-5e88-73ef-bd58-c7af1a002efe",
  "deckJsonHref": "/decks/019dd923-5e88-73ef-bd58-c7af1a002efe.json",
  "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd58-c7af1a002efe#slide-15",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "EY recommends the following actions: Fostering Technological Innovation: Leveraging Ireland's unique position as a global technology hub to build the foundation for an innovation digital FS economy.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-2e39-7343-a58a-e9f54dce77e7",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.085,
        "w": 0.085,
        "x": 0.715,
        "y": 0.62
      },
      "kind": "image",
      "text": null,
      "attrs": null,
      "subkind": "headshot",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1e755496-d885-427a-8c3f-d1f32e62090f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.26,
        "x": 0.275,
        "y": 0.495
      },
      "kind": "list",
      "text": "Develop structured incentives to drive collaboration between FS and technology firms focusing on key problem areas. Funding or tax incentives could focus on particular areas of specialism. The mechanisms should drive capability and resources toward key areas that will deliver sustainable competitive advantage to the Irish FS sector.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "10322cab-dad5-4591-826a-b9ba2231f15a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.38,
        "x": 0.108,
        "y": 0.37
      },
      "kind": "list",
      "text": "Fostering Technological Innovation: Leveraging Ireland's unique position as a global technology hub to build the foundation for an innovation digital FS economy.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2039b903-aa6e-4704-86b0-9b17ae565716",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.26,
        "w": 0.26,
        "x": 0.048,
        "y": 0.495
      },
      "kind": "list",
      "text": "Establish fintech R&D hubs: Department of Enterprise, Trade and Employment (DETE) and Enterprise Ireland to establish cross-sector collaboration amongst technology firms, government, academia and FS firms to leverage existing tech/R&D capabilities focusing on key areas of specialism. Initial focus should be on 1) Payments/Real Time Payments, 2) Responsible AI, 3) Trust & Cyber Security, 4) Digital Identity, 5) RegTech and 6) Sustainable Finance. This should consider geographic clustering and further expansion of financial services outside the larger Dublin area.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c17a5320-74f4-45e5-b051-e40fbd92b4ee",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.26,
        "x": 0.275,
        "y": 0.66
      },
      "kind": "list",
      "text": "Foster an integrated partnership between industries, regulators and the public sector. This should be an empowered structure that can accelerate alignment of regulatory and innovation principles.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "dc0b454c-1482-4add-a90a-e7e5ad190815",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.14,
        "x": 0.69,
        "y": 0.8
      },
      "kind": "paragraph",
      "text": "Colin Hunt\nChief Executive Officer,\nAIB",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "77567486-a50d-4d50-a8e5-3cd106c3f42c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.25,
        "x": 0.108,
        "y": 0.315
      },
      "kind": "paragraph",
      "text": "EY recommends the following actions:",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b522706f-7dd2-4060-ae75-139f824deb45",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.42,
        "x": 0.54,
        "y": 0.3
      },
      "kind": "quote",
      "text": "We have a huge team working in technology because this is the future of banking; first in terms of safety and security, second in terms of customer experience and customer expectations, and third, in terms of decision making, which is becoming increasingly digitally-driven.",
      "attrs": null,
      "subkind": "pull-quote",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b9fbd23f-e73d-49d8-b6bb-a0729907f333",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "quote",
      "text": "We have a huge team working in technology because this is the future of banking; first in terms of safety and security, second in terms of customer experience and customer expectations, and third, in terms of decision making, which is becoming increasingly digitally-driven. — Colin Hunt, Chief Executive Officer, AIB",
      "attrs": null,
      "subkind": null,
      "toolName": "Authority citation",
      "toolSlug": "authority-citation",
      "confidence": null,
      "componentId": "019dd952-2e39-7343-a58a-eee18251b62d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.458,
        "x": 0.07,
        "y": 0.135
      },
      "kind": "title",
      "text": "Technological Infrastructure & Innovation",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "66a52732-bd62-4715-87d7-b351914440b9",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 24,
      "from": 10,
      "beatId": "fb951479-ddad-4e6a-9cd6-ae2accd16dfd",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Evidence & Proof",
      "beatSlug": "consultants-gambit-evidence-proof",
      "evidence": "The industry trends and testimonials provide evidence and proof for the complications.",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Evidence",
      "parentBeatSlug": "evidence"
    }
  ],
  "loops": [
    {
      "to": 18,
      "from": 13,
      "name": "Mece Breakdown",
      "slug": "40-mece-breakdown",
      "bestFor": "Problem structuring, ensuring completeness, strategic analysis",
      "matchId": "2398d98f-90e1-4096-b937-1c134f2c971a",
      "evidence": "The industry trends sections provide a MECE breakdown of the key factors.",
      "position": 2,
      "objective": "What are the key factors?",
      "structure": "The Whole -> Category A (distinct) -> Category B (distinct) -> Category C (distinct) -> Complete Coverage",
      "confidence": 0.6,
      "description": "Divide a complex topic into mutually exclusive, collectively exhaustive categories"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}