Hosted with the Support of Longevity Financial Advisors
and Deep Knowledge Group
On July 21, 2022, the Longevity Financial Club hosted their second official invitation-only event for investment and financial industry professionals on the topic of Longevity FinTech and InvestTech in the Sky Lounge of the landmark Shard building.
The Shard served as the venue for the second meeting of the Longevity Financial Club.
The Longevity Financial Club was created with the support of Longevity Financial Advisors and Deep Knowledge Group to provide a forum for finance and industry professionals to discuss the latest trends in the Longevity Financial Industry — a multi-trillion dollar sector with massive untapped potential. The official launch event and inaugural meeting was held at the prestigious Oxford and Cambridge Club at 71 Pall Mall, London on 21 June 2022.
The venue for Longevity Financial Club’s inaugural meeting - the Oxford and Cambridge Club in London
The club’s first event brought together investment and financial industry professionals to discuss a number of defining trends in the Longevity Financial Industry, including de-risking and optimizing Longevity investments, main developments and trends in private equity, venture capital and public markets, the financial commoditization of Longevity Industrialisation Health as the New Wealth, Longevity as a New Asset Class, novel financial products and derivatives, and major Longevity-related challenges and opportunities facing pension funds, insurance companies and other financial corporations.
Longevity Financial Club’s inaugural speakers and panelists.
The Club’s second event, Longevity FinTech & InvestTech, was moderated by Dominic Jennings, Head of Strategic Partnerships at the Deep Knowledge Group and Longevity Financial Advisors, and featured presentations by Longevity financial professionals, discussing challenges and opportunities for investors and startups in DeepTech and Longevity private markets with a particular focus on the Liquidity Gap which is currently hindering the accelerated development of these industries. They also spoke about potential solutions with a particular focus on the UK.
Photos of reception for the second meeting of the Longevity Financial Club
Other topics for discussion were:
Longevity FinTech, InsurTech and WealthTech
DeepTech and Longevity Private Equity
Liquidity Gap – Problem and Solution
Modern Approaches in InvestTech
AI and mHealth in Longevity
The Liquidity Gap remains the foremost obstacle to the accelerated development of DeepTech and Longevity Industrialization and financial commoditization. Equally, it is obvious that these Tech-industries and Mega Trends are becoming major drivers of the global economy.
The UK Tech sector is currently valued at over $1 trillion and investors are becoming more interested in HealthTech and Longevity. In particular, after the pandemic, many consider that ‘Health is the New Wealth’ - a sentiment shared by the general public as well as HNWIs and institutional investors. The Longevity Industry is increasingly seen as a stable and growing sector and is attracting interest from institutional investors and financial corporations.
However, the fundraising process for Tech-driven startups is outdated, inefficient and cumbersome. A new capital raising infrastructure is required - especially for DeepTech and Longevity-focused companies. A more efficient way of fundraising will be crucial in the light of a global economic slowdown and the use of FinTech in combination with InvestTech (Modern Investment Technologies) will be the catalyst for making progress on this issue.
While the rate of technological progress and innovation is tremendous in numerous Tech-based sectors, such as domains that rely heavily on the application of artificial intelligence (e.g., AI in Healthcare and AI in Finance), and especially in DeepTech sectors like AI, SpaceTech and Longevity, the corresponding speed of innovation and modernization in the ways that they are financed is much slower. In many cases, the frameworks and technologies used by venture funds have not changed significantly in the past 5 or even 10 years. This creates a number of disproportions which are crucial to address in order to maintain and even accelerate the momentum and dynamic of progress in these sectors (and in particular for industries like Longevity, we are speaking not just of cost, profit and industry development, but of human health and life as well).
Deep Knowledge Group, a major sponsor of the Longevity Financial Club alongside Longevity Financial Advisors, aims to reduce existing barriers to investment in private markets with the upcoming launch of its InvestTech platform.
The platform will be a one-stop solution matching startups with investors, offering innovative LegalTech tools and e-documentation, providing a clear, step-by-step investment process enhanced by additional service integrations such as analytics, IR Management and corporate payment solutions.
At the event, Deep Knowledge Group also announced a planned partnership and integration between the InvestTech Platform and its flagship Longevity FinTech portfolio company, Longevity Card.
The Longevity Card is a Longevity-focused FinTech company that provides a single Longevity-focused marketplace that combines the most modern validated HealthTech, AgeTech and FinTech solutions for users wishing to live healthier, longer lives and remain financially stable.
The event was opened by Dominic Jennings, Head of Strategic Partnerships for Longevity Financial Advisors, who served as moderator and delivered a talk entitled ‘The UK as the Next Global Hub for DeepTech Innovation’, during which he commented: “To address these liquidity challenges, we must come up with practical, sustainable solutions. An end-to-end InvestTech platform offering multiple investment solutions could be the answer. Special Purpose Vehicles (SPVs) and Escrow Accounts, AI-driven tools for matching startups and investors, and intellectual property investment and trading will help to solve the liquidity gap in private markets”.
Head of Strategic Partnerships for Longevity Financial Advisors Dominic Jennings delivering the event’s opening remarks and his talk entitled ‘The UK as the Next Global Hub for DeepTech Innovation’.
Following Dominic, Deep Knowledge Group General Partner Dmitry Kaminskiy delivered a talk entitled ‘Longevity Industry Overview and the Liquidity Gap in Private Equity in DeepTech’, commenting: “The liquidity gap is the main obstacle facing the accelerated development of the DeepTech and Longevity industries. Given the scope and complexity of the Longevity industry, a specialised stock exchange could be the very catalyst required to accelerate progress, simply by bringing together companies, investors and advisers to facilitate the industry’s funding and liquidity needs on a global scale, and encourage further innovation and investments.”
Deep Knowledge Group General Partner Dmitry Kaminskiy delivering his talk entitled
‘Longevity Industry Overview and the Liquidity Gap in Private Equity in DeepTech’.
Next, Talgat Takiyev, Head of Investor Relations for Longevity Financial Advisors, spoke on the topic of ‘Liquidity Gap in Private Equity: Problem and Solution’, highlighting the challenges in relation to the liquidity gap, saying: “The current business model of venture capital funds does not support efficient investments in DeepTech and Longevity startups. Additionally, the global financial system has several gaps, the biggest of which exists between progress in science and technology, and the lack of investments from large financial institutions. Also, Longevity startups are limited to fundraising from Angel syndicates and VC investors.”
Head of Investor Relations for Longevity Financial Advisors Talgat Takiyev delivering his talk entitled ‘Liquidity Gap in Private Equity: Problem and Solution’.
Following Talgat, Debtdomain Founder Sean Tai gave a presentation entitled ‘Connecting the Global Syndicated Loan Market: The Debtdomain Story’. He described his experiences as a FinTech entrepreneur since 2000 and how he built Debtdomain into a global leader in Web-based systems for loan syndication, secondary loan sales and agency. This was a great opportunity for the audience to hear about the real-world challenges faced by founders in the FinTech sector.
Debtdomain CEO Sean Tai delivering his talk entitled ‘Connecting the Global Syndicated Loan Market: The Debtdomain Story’.
Next, Elena Kozhemyakina of FinTech4Funds gave a talk on ‘Fintech Innovations for Investment Funds and Wealth Management’. Elena provided examples of how FinTech tools can help Investment Managers in areas such as data analysis, automated trading, risk management, and asset allocation. Elena also commented that 60-70% of buy-side staff work in operations, accounting and IT, and their current operating models no longer work, as they are too manual and do not generate any alpha. FinTech innovation will change this but industry adoption is not as quick as it could be in the investment management industry.
Following Elena, IdeasCrucible CEO Daniel Ballin delivered a talk entitled ‘FinTech in the Age of Longevity’, discussing major trends in the UK FinTech Industry. His talk highlighted how the UK is leading FinTech for Europe as of Q2 2022 (with $9.1 billion compared to $8.4 billion for all other European countries combined), and how despite massive growth there are still major untapped opportunities for the UK FinTech industry to re-tune their business models toward increasing levels of population-level Healthy Longevity across health insurance, mortgages, pensions and core FinTech products and services.
Next, Professor Michael Miller, a member of the World Health Organisation Digital Health Technical Advisory Group (DHTAG) Roster of Experts, spoke on the topic of ‘eHealth and mHealth Ecosystem and the Challenges Start-ups and Investors are Facing in the Industry’.
The final talk was given by Deep Knowledge Group General Partner Dmitry Kaminskiy on the topic of ‘Modern Approaches in InvestTech’ where he outlined Deep Knowledge Group’s work toward not just forecasting but actually building the necessary financial infrastructure to support the further growth, maturation and stabilization of Longevity and DeepTech Industrialization. This entails the use of sophisticated and multidimensional Big Data analytics and AI-driven technological forecasting and benchmarking as the data-driven basis and foundation for constructing the core investment and financial industry infrastructure (platforms, indices, exchanges, financial instruments and derivatives) needed to execute the concept of Longevity and DeepTech Financial Commoditization as the primary tool for neutralizing the Longevity Liquidity Gap.
Deep Knowledge Group General Partner Dmitry Kaminskiy delivering his talk entitled ‘Modern Approaches in InvestTech’.
Following the presentations, Head of Strategic Partnerships for Longevity Financial Advisors, Dominic Jennings, moderated a panel discussion among all of the event’s speakers, focused on the primary challenges and opportunities facing UK Tech and DeepTech startups, with an emphasis on liquidity as the foremost bottleneck for their further growth.
The panel concluded with a discussion of the severe lack of innovation in investment and financial approaches, tools, instruments and platforms compared to the high-innovation sectors they are applied to, and the fundamental role that innovations in both analytics, data science and core investment and financial industry infrastructure will play in the next several years for ensuring these industries’ further development, maturation, and stabilization as fundamental pillars of the 21st-century global economy.
Longevity Financial Club’s ‘Longevity FinTech and InvestTech’ panel discussion, moderated by Head of Strategic Partnerships for Longevity Financial Advisors Dominic Jennings, featuring Kozhemyakina, Takiyev, Tai and Kaminskiy.
The event then closed with an hour of networking among the invited presenters and panelists and the assembled attendees.
Networking and reception for Longevity Financial Club’s ‘Longevity FinTech and InvestTech’ event at London’s landmark Shard building.
Longevity Financial Club will be hosting further thematic events centred around major challenges, opportunities, bottlenecks and solutions within the Longevity Financial Industry both in London and beyond in the coming months.
If you would like to know more about the Longevity Financial Club and how to join it, or receive updates on future invitation-only meetings and events, please do not hesitate to contact us - email@example.com
Longevity Financial Club’s ‘Longevity FinTech and InvestTech’ speakers and panelists.
About: Longevity Financial Advisors
Longevity Financial Advisors Ltd is a niche advisory boutique focused on the Longevity Industry. Led by seasoned financial and Longevity industry professionals, the company uses advanced analytical systems built on proprietary data sets and powered by artificial intelligence to structure financial instruments and fundraise for investment vehicles. The company also provides a wide range of services including advising on acquiring, selling, partnering with or funding a business, management and strategic advice as well as scientific and technical due diligence.