Business Talk – Jan Ehlers and Mark Beringer on the launch of Monocle Tech

 ·24 Feb 2025

In this Business Talk with Michael Avery interview, Jan Ehlers and Mark Beringer of Monocle discuss why Monocle has launched Monocle Tech – the company’s transformative technology services arm.

Ehlers is a director at Monocle and has over 18 years of consulting experience at the company.

He has played a key role in building the company into the trusted consulting partner it is today, working extensively with South Africa’s major banks and also earning significant international experience.

His deep understanding of risk, regulation, and compliance, as well as his problem-solving acumen, have enabled him to deliver innovative solutions to his clients.

Ehlers was central to the conceptualisation and development of Monocle Tech, and believes technology has transformative power to tackle the banking sector’s biggest issues.

Beringer is the Head of Monocle Tech, and boasts over 20 years of hands-on technology expertise – primarily within the financial industry.

He has consistently delivered innovative, data-driven solutions while fostering collaboration and excellence within his teams.

Beringer is a specialist in Big Data and Machine Learning, and has led large teams of data engineers and technical specialists in tackling the most complex technological challenges in the banking sector.

The interview

In this Business Talk interview, Ehlers and Beringer discuss the launch of Monocle Tech.

Ehlers explains how Monocle Tech has differentiated itself from other tech firms, and Beringer explains why now was the best time to launch Monocle Tech.

Beringer then reveals whether the South African banking sector has the requisite skills for the ongoing tech revolution, and Ehlers explains how Monocle Tech is helping to address the skills shortage.

Both men then discuss how banks are making huge investments in technology. Beringer explains where this money is being spent, and Ehlers reveals how this will benefit the end consumer.

Beringer reveals which tools and platforms are best for these banks before Ehlers concludes by explaining what banks should target as their desired outcomes from their tech investments.

Watch the full interview with Jan Ehlers and Mark Beringer below.

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