Music Experts are describing it as a fourth industrial revolution. And one of the key elements of this industrial revolution which is being built upon the digital technologies or digital phase is really connectivity. How we are increasingly getting interconnected into one big universal market or economy. And therefore the financial services industry really has to embrace this transition, leverage some of these technologies and make sure that they're still relevant to how their clients needs are evolving. But I think at a high level I would suggest and I'll make the point that therefore underlying attributes one is a great client experience because in a connected age in a digital economy the expectation of the customers beat institutional consumer is to have a great client experience. Operating modular agility which is your ability to respond to the shifts in the marketplace which are quite dramatic and they tend to accelerate as the world become increasingly more integrated. The third one is scalability which means a lesser alliance on physical infrastructure and more alliance on technology software. And that gives you not only operating efficiency but again your ability to provide a better client experience. And the fourth one really is a continuous innovation as opposed to innovation in episodes. So that is where City Bank is investing in a very systematic fashion and we've been at Journey for a number of years now. So we believe that we are adapting to that economy and that connected world quite effectively. Data is the oil for the digital economy and I think if you ask me it is the most precious asset you can have in a digital economy. Access to data and your ability to harness the data to create insights and then building on those insights delivering a creative economically a creative solutions to your clients is one of the most important determinants of the success of a business. We in City process about four trillion dollars a day of flows including payments. We need to make sure that we are working with our relevant partners industry infrastructure like Swift. Regulators in different markets and on the world to make sure they are upgrading their financial infrastructures such as faster payments and instant payments. So our collaboration with Swift has been very, very relevant and we've been working with Swift to architect and develop new propositions in innovative ideas. So I think the fundamental point is that ability to access data make it available to the decision makers or your clients. I think it's going to be one of the most important determinants of the success of any business as we go into a connected economy. There is a very significant shift in the expectations of the clients and there is clear convergence of expectation of the institutional clients and the consumer clients. There is an overall shift where our clients are going where relevant direct to consumer model they're trying to eliminate lot of intermediaries. There is a shift from product to services and an expectation that you will continue to give me better insights using my data. And you will help me manage my working capital cycle much better. You will help me managing my operating cycle much better. You will not only help me becoming more efficient, you will also support my business growth. Our philosophy and approaches that you have to fundamentally rethink how you do business before you put technology on top. Otherwise if you are putting technology on an inefficient process it tend to magnify the inefficiency. To stay relevant and sustain your viability as a company over the long haul in this new environment innovation is not a choice anymore. Innovation is what you do every day. We have set up what we call four horizontal. These are cross functional teams focused on the blockchain data and artificial intelligence, cyber, security and e-commerce. We also have rolled out an application what we call horizons. So we are about 26,000 to 7,000 people in about 100 markets around the world. And the idea was that how do you make innovation mainstream? Because somebody who is sitting in the remote part of the network, how does he or she get access to the new innovation? And then of course we have set up what we call a D10X forum which behaves like a venture capital and where our employees come in, they present their ideas, they look for seed money and they go through different stages of development of those ideas. And I think it's absolutely critical that innovation does not become a side activity. It is embedded into how you do business. We are taking a systemic approach which means that of course we are investing in our own technologies, our own infrastructure to acquire, to deliver a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and a great, and and as a master, as a elemental, as an planes, and the partners like Swift, who are modernizing their infrastructure in awaiting in tandem. And then you look at the upgrade of the local instant payments of the local financial infrastructure. These three, at a high level, these three constituencies will take out most of the friction, will make it a lot more efficient economically, as well as from a processing and settlement standpoint. And you're doing all of that while making sure that you're managing the risk in a very responsible manner, in a very systematic manner and to end. My view is that in the next five to 10 years, our existing financial system around the world will probably be as efficient as any alternative provider.