Competition Winners to star at PIMFA FinTech Conference 2018

Competition Winners to star at PIMFA FinTech Conference 2018

Nigel Ross-Scott

Content Manager at PIMFA

Views 1024

Competition Winners to star at PIMFA FinTech Conference 2018

27.07.2018 10:15 am

In April of this year, PIMFA – the UK’s leading wealth management and financial advice association – launched our FinTech Competition, looking for the best examples of new thinking in how technology can help businesses to manage their operations and growth in what is a new and highly competitive landscape.

We have now announced the four winners of this competition, who will be presenting their solutions at the PIMFA Fintech Conference in September. Global in nature and one of the only competitions of its kind, this initiative supports our commitment to enable digital business transformation, one of the six pillars of our Members’ Manifesto.

Chosen from dozens of highly competitive entrants, our winners display all the attributes required to succeed in todays’ business environment – forward thinking, exciting presentations describing solutions which are both innovative and helpful to the industry, deep understanding of and experience in the industry and the will to win.

These chosen four will now have the opportunity to make a ten-minute, educationally-slanted presentation of their product, followed by a five-minute Q&A session, in front of some of the most influential executives in this sector of the industry drawn from the PIMFA members’ organisations.

As a backdrop, this sector has seen UK venture capital investment approach the £3 Billion mark in 2017 – almost double the 2016 numbers (data by PitchBook for London & Partners) -, engendering explosive growth and seeing London-based firms attracting the lion’s share. At a time when the UK is working through the very costly implementation phase of the largest load of financial regulation to arrive in 20 years, Fintech companies are providing solutions in areas as diverse as analytics, cost-effective regulatory management and compliance, risk management and fund administration.

To illustrate how productive this competition has been, here’s what the four winners do, in their own words;

Cygnetise – “A decentralised platform built on the blockchain that makes the process of managing authorised signatory lists efficient and secure. In just a few clicks, rather than hours or days, administrators can maintain and distribute their lists. We enable companies to save over 90% of their time and admin costs, receive a full audit trail and to increase the security of their sensitive data.  Currently used in 10 jurisdictions, clients include Aviva, Canaccord Genuity Wealth Management, Ogier, Collas Crill Trust and R&H Fund Services”.

Enforcd –“Our global regulatory intelligence platform with misconduct cases, contextualised with news, insight and statistics, helps firms identify, manage and mitigate conduct risk and provides actionable insight. It enables users to provide the regulators with direct evidence that staff are taking notice of regulator views; keep up to date with regulatory developments across the world; explore conduct and behaviour in financial services firms through the lens of enforcement activity.”

Neotas – “Formed in Feb 2017, based in the City with 11 employees, Neotas are an enhanced due-diligence company focusing on people risk. Our platform provides detailed analysis of risk factors when on-boarding staff, clients, making investment decisions and post event investigative analysis. Our clients sit in financial services and include banks, brokers, hedge funds, wealth managers, law firms and insurance companies.”

Envizage – “We created Envizage to help our users understand and manage risk and uncertainty. By effectively doing so, we help everyone to improve their lives today and in the future. We do this by understanding our users’ unique financial circumstances and their desired future outcomes. We then help our users assess whether they will be able to achieve those outcomes, and understand their next best actions and choices. We help our users to visualise their futures and achieve their aspirations via apps powered by our analytic engine. We are currently working with several banks, insurers and asset managers.”

These winners will be delivering their presentations at the PIMFA Fintech Conference: Utilising Digital in Investment Management, being held in London on September 12th. The many guest speakers and Subject Matter Experts in attendance will be discussing the following topics in detail;

  • The Digital Customer Experience
  • Creating Customer Engagement Through Digital Channels
  • Digital Transformation of Back Office Processes
  • Regtech
  • Cybersecurity
  • KYC & Onboarding

We sincerely look forward to seeing you there and introducing you to our winners!

For further information and sign-up on the Conference, please click here.

Latest blogs

Jane Jee Kompli-Global

Criminals cash in on new technology – so why don’t the gatekeepers?

As newer, more innovative technology enters the market, it is criminals, rather than law-abiding citizens, who are often the first to exploit it. A 2017 report by Europol stated that the serious and organised crime landscape in the EU has changed Read more »

Suresh Vaghjiani Tribe Payments

Innovation feast or famine: Why payment companies need a “modular” mindset

In the world of payments, introducing new services is a tiresome and complex process. Having a fast, agile response to market and customer demands is near-impossible. While the fintech revolution has made every payments firm want—and need—to Read more »

Lina Andolf-Orup Fingerprints

Contactless gets a makeover in the UK

The deadline hanging over Europe is finally here. No, not Brexit, but PSD2’s September 14 mandate for the implementation of SCA (or, to those unfamiliar, Strong Customer Authentication). The European law and its implementation by banks has stirred a Read more »

Chris Trew Stratis

Blockchain and the cashless society

It took 200 years before the invention of the printing press heralded the widespread use of modern banknotes. Four centuries on and blockchain technology – still barely a decade old – is moving so rapidly that the days of cash are surely numbered. Read more »

James Booth PPRO

Pioneers of the ‘think global, act local’ outlook

The term ‘global village’ has been in use since the 1960s, but the internet has really turbo-charged the idea. It has shrunk both distance and time, making the world more interconnected. People can now exchange messages, stories, opinions, posts and Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel