Welcome back to TechUnited Take 5, where you’ll meet new members of the community in a fun and personalized way!
Meet Dave Spiler, COO over at Concord Advice, a nimble firm with nearly 15 years of experience learning and building technology and data science solutions for the fintech sector. Follow Concord Advice on LinkedIn here, checkout their website, and feel free to call or text Dave at 201-341-2978 or email [email protected] to connect 1:1!
Tell us more about your company or organization! For those getting to know you for the first time, share what you absolutely want them to know in 2-3 sentences.
We are a boutique fintech firm focused on software and data science solutions that support organizations targeting working class consumers. We develop proprietary software and bring deep data science skills in automated machine learning, predictive analytics, mathematical simulation, driverless business simulation and other AI tools. We are currently investing our time in open banking and DeFi data to develop B2B and B2C products that improve working class consumers’ access to financial products.
What are the top reasons you joined TechUnited? How can you help other members, and how can other members help you?
We are here to learn and network to grow our business, including identifying the tech and data science talent we need to fuel that growth. And, we want to reciprocate the support we received in our early years to the entrepreneurs and the businesses being built today.
What motivated you to start your company or organization and how do you differentiate yourself from the competition?
My partners at Concord Advice and I have long-standing experience in using data in service industries to drive revenue and growth. The firm was started with our deep understanding of non prime consumers, recognizing we can help financial services firms improve their acquisition of this population. Over time, we are recognizing that we can bring that know-how to help non prime consumers make better financial product choices.
What new technology are you excited about? And how do you stay innovative in your role?
In my role, I’m excited by the access to new data. And that new data is coming by way of open banking and DeFi products and services. As the democratization of consumers access to bank data grows through platforms like Plaid and Finicity, and crypto and P2P solutions seemingly expand by the week, we are excited to use these new data and services to learn and develop solutions that meet the needs of mainstream consumers and the businesses that seek to service them.
What is that one piece of advice you would share with other entrepreneurship enthusiasts in the community?
Stay the course…and don’t be afraid to ask for help! It’s your vision. Don’t flinch in pursuing that vision. And there are people out there willing to help you get there.
What’s your favorite Jersey bite or go-to restaurant?
Hobby’s Deli in Newark…best corned beef ever!
If you’d like to learn more about Concord Advice and meet other new members of the community, login to the Member Dashboard today!