In this Business Talk with Michael Avery interview, Monocle\u2019s Head of Tech, Mark Beringer, unpacks digital transformation, spreadsheet management, and modernisation in banking.<\/p>\n\n\n\n
Beringer has over 20 years of hands-on expertise in accelerating technology adoption and delivering exceptional outcomes, especially in the financial sector.<\/p>\n\n\n\n
He is a specialist in Big Data and Machine Learning, and has worked with many of South Africa\u2019s largest banks to help them accelerate their adoption of cutting-edge technologies.<\/p>\n\n\n\n
Beringer previously worked at Standard Bank Group for over 15 years, starting out as a Data Engineer in 2009 and later becoming the Big Data Platform Owner in 2019.<\/p>\n\n\n\n
He also worked as a Data Engineer at several companies, including the Royal Bank of Scotland in London, 3fifteen, and Scriptpharm.<\/p>\n\n\n\n
Beringer holds a Bachelor of Commerce degree in Informatics from the University of South Africa.<\/p>\n\n\n\n
In his current position at Monocle, Beringer pushes the boundaries of what is possible, ensuring the delivery of robust, future-focused solutions that meet the evolving needs of the industry.<\/p>\n\n\n\n
In this interview, Beringer begins by explaining why spreadsheets are still everywhere in business and banking.<\/p>\n\n\n\n
He then suggests whether the cloud is the \u2018silver bullet\u2019 solution, and discusses what companies get wrong when modernising their systems and platforms.<\/p>\n\n\n\n
Beringer also explains how businesses and banks can modernise their systems without incurring exorbitant costs, and highlights the real risk of not modernising.<\/p>\n\n\n\n
Finally, Beringer unpacks the key factors that distinguish successful institutions from those that fail.<\/p>\n\n\n\n
Watch the full interview with Monocle\u2019s Head of Tech, Mark Beringer, below.<\/p>\n\n\n\n