Head of R3 Shares Perspective on Banking Amid Pandemic

David Rutter is in charge of R3 and shares his perspective on the current environment; he stated to City A.M, “During crisis periods, when markets go through extreme stress, you see where the cracks are, and there are solutions that exist to avoid them. [This crisis] may be an accelerant for the deployment of new technologies.” There has been a lot written lately about the backlog of loan applications at the large banks as small businesses desperately seek funding; Rutter believes that the current crisis will force banks to change their technology systems once they have the opportunity to reflect on this time; R3 believes they can solve some of these pain points with their Corda blockchain platform; Rutter has apparently been spending time with governments and other organizations to help during this crisis but wouldn’t go into detail on specifics. City A.M.

  • Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.