EY Report – FinTech Magazine January 2025 | Page 9

CHRISTOPHER SCHMITZ
EU OPEN FINANCE RULES
CREDIT : XXX

“ While fintech firms are accustomed to understanding and meeting client needs , they must now simultaneously navigate substantial regulatory and licensing requirements ”

CHRIS SCHMITZ , FINTECH LEADER , EY EMEIA

CHRISTOPHER SCHMITZ

TITLE : FINTECH LEADER COMPANY : EY EMEIA
“ The fundamental aim is to empower both corporate and retail clients to make the most of their data held by financial providers ,” Chris notes . “ This sharing capability gives clients the power to receive better market offerings , enjoy improved customer journeys and gain a comprehensive view of their services while accessing competitive alternatives .”
Industry standards create additional implementation challenges The development of data sharing schemes presents a major challenge for industry players . These schemes must define the scope of data exchange ,
Christopher Schmitz has more than 20 years of advisory experience in Financial Services . As a passionate advisor , he works with start-ups , investors and established clients at positioning the financial services sector within the digital ecosystems of the future .
Christopher is a Strategy and Transactions Partner for EY-Parthenon GmbH Wirtschaftsprüfungsgesellschaft . He is a member of the steering committee of TechQuartier in Frankfurt . He is the Founder of the EY Start-Up Academy and mentors start-ups for international accelerator programmes . Prior to joining EY EMEIA , Christopher worked as a Strategic Advisor to banks , insurance companies , payments and IT service providers in Germany . In addition to his role at EY EMEIA , he is also a Lecturer at the Frankfurt School of Finance .
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