Fintech is a booming industry, but how do you launch a concept? It’s like everything else right, research and testing? It might be attractive to do the full concept across from a whiteboard, but technology has come a long way with the API economy and iterative development that allows a minimum viable product to be put in front of the stakeholders before the average procurement process within a large organization would be completed.
Policy makers around the world, such as regulators like FCA in the UK, MAS in Singapore, AMF in France and ASIC in Australia, have opened up “Fintech Sandboxes” that allow the rapid prototyping of financial innovation without the full brunt of the regulators requirements. Crowd Valley is proud to offer its own “Sandbox” for internal teams in prominent institutions, asset managers and banks, as well as others to take advantage of the most efficient framework for deploying new products and services in the financial industry.
Test New Innovations on the Crowd Valley Sandbox Interface
The Crowd Valley Sandbox provides a unique opportunity to trial end to end workflows, from user onboarding, compliance, diligence, origination, deal rooms, primary markets, closing and settlement, dividend payments and repayments, all the way to secondary markets and liquidity functions. By accessing the robust back office, the focus of your team can be how to provide a unique service for your audience and even further, testing that unique experience goes far beyond the user’s expectations and requirements.
Who Can Benefit From it?
The short answer is: teams working on new products and services in the financial industry.
Whether you’re an incumbent or a challenger, an iterative approach to software development should allow you to leverage rapid prototyping, get your new product line in front of an educated user group to validate your assumptions and gain insight and data about the use of your new product. Keep in mind, this data and information may be contrary to your initial assumptions, so the sooner you surface it the sooner you can make educated decisions about the next version of your new product.
We’re working with stakeholders such as:
For an example of a leading event taking advantage of the Crowd Valley Sandbox is the Fintech Festival in Singapore and their HackCelerator program during the event. Together with the organizers, we are providing the framework for the participants to develop and scale market-ready fintech solutions with the industry.
With the developments of fintech around the world, now is an opportune time for pioneers and established leaders to use modern financial services tools to roll out new products and services. By using the Crowd Valley Sandbox, you can lower your risk by a gradual market entry and lower your exposure by using a proven framework in your research and development phase.
We encourage you to get in touch with us to inquire about how we can best support your organization in finding the appropriate framework to develop and deploy the next big things in fintech.
Test New Innovations on the Crowd Valley Sandbox Interface
The Crowd Valley Sandbox provides a unique opportunity to trial end to end workflows, from user onboarding, compliance, diligence, origination, deal rooms, primary markets, closing and settlement, dividend payments and repayments, all the way to secondary markets and liquidity functions. By accessing the robust back office, the focus of your team can be how to provide a unique service for your audience and even further, testing that unique experience goes far beyond the user’s expectations and requirements.
Who Can Benefit From it?
The short answer is: teams working on new products and services in the financial industry.
Whether you’re an incumbent or a challenger, an iterative approach to software development should allow you to leverage rapid prototyping, get your new product line in front of an educated user group to validate your assumptions and gain insight and data about the use of your new product. Keep in mind, this data and information may be contrary to your initial assumptions, so the sooner you surface it the sooner you can make educated decisions about the next version of your new product.
We’re working with stakeholders such as:
- Corporate new business divisions
- Corporate new ventures team
- Corporate accelerators and incubators
- Fintech accelerators and incubators
- Developer focused programs and events
For an example of a leading event taking advantage of the Crowd Valley Sandbox is the Fintech Festival in Singapore and their HackCelerator program during the event. Together with the organizers, we are providing the framework for the participants to develop and scale market-ready fintech solutions with the industry.
With the developments of fintech around the world, now is an opportune time for pioneers and established leaders to use modern financial services tools to roll out new products and services. By using the Crowd Valley Sandbox, you can lower your risk by a gradual market entry and lower your exposure by using a proven framework in your research and development phase.
We encourage you to get in touch with us to inquire about how we can best support your organization in finding the appropriate framework to develop and deploy the next big things in fintech.
About the author - Markus Lampinen
Internationally awarded digital finance entrepreneur, active in pioneering new securities models worldwide. Has worked in digital finance since 2009, recruited over 100 individuals, built up a operations on six continents and been recognized as one of the top 100 thought leaders in crowdfunding. Markus has pioneered new funding models in the US and Europe, advised policy makers worldwide - including the SEC, the European Commission and Italian regulator CONSOB - for more effective markets, and worked with visionary organizations such as the World Bank and the Kauffman Foundation to improve frameworks for digital finance. Markus has studied computer science and economics (M.Sc).
Internationally awarded digital finance entrepreneur, active in pioneering new securities models worldwide. Has worked in digital finance since 2009, recruited over 100 individuals, built up a operations on six continents and been recognized as one of the top 100 thought leaders in crowdfunding. Markus has pioneered new funding models in the US and Europe, advised policy makers worldwide - including the SEC, the European Commission and Italian regulator CONSOB - for more effective markets, and worked with visionary organizations such as the World Bank and the Kauffman Foundation to improve frameworks for digital finance. Markus has studied computer science and economics (M.Sc).
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