GFT Announces Partnership with FinTech City and Launch of Innovation Lab

GFT Announces Partnership with FinTech City and Launch of Innovation Lab
18.01.2016 09:30 am

GFT Announces Partnership with FinTech City and Launch of Innovation Lab

Investment , Banking , FinTech StartUps , Infrastructure

GFT, the global provider of advisory, business consulting, IT and software services to the investment banking community, has announced a partnership with FinTech City and the launch of a new Innovation Lab in the UK at its London office.

GFT are joining Santander, ICON Corporate Finance and Investec amongst others as partners of FinTech City, which brings togetherFinTech CEOs, leaders from Financial Services, VC investors, influencers, and tech superbrands dedicated to providing more opportunities for the global FinTech community.

With the initiative, GFT will continue working with financial services firms to help them navigate through the constant demands of financial regulation, whilst innovating to meet the demands of the new era. It will also support the existing GFT innovation platform,CODE_n, which provides international start-ups, technology pioneers and established companies’ access to a global innovation ecosystem, tapping into disruptive trends in financial services markets.

The launch of their innovation incubator ‘create@GFT’ is designed to allow the analysis and review of leading edge ideas and concepts by GFT specialists, as well as being a collaborative space for GFT employees to work with clients and technology partner to develop new ideas and offerings.

Albert Franquesa, Principal Innovation Consultant at GFT, commented: “We have for a long time partnered with tech companies to provide solutions for our Financial Services clients; but we now have a better defined process to cherry-pick the emerging FinTechs that we think can add the most value to our customers. We have already made exciting progress with CODE_n and create@GFT, with the recent launch of our Blockchain prototype that will allow clients to track physical commodities through the use of a distributed ledger based business model. The creation of this prototype is an output of GFT’s ongoing innovation project, known as ‘Project Jupiter’, which seeks to incubate disruptive business ideas and rapidly prototype solutions around Blockchain technology.”

Chris Ortiz, UK MD commented: “We are looking forward to continuing our work with Financial Services organisations and technology partners to co-operate, innovate, and do business together. We see a huge opportunity through the new partnership with FinTech City to be a part of the accelerating innovation in the financial services arena.”

Related News

TreasurySpring raises £2m to fuel growth

TreasurySpring, the London-based financial technology company today announced the closing of its latest capital raise, securing £2m of investment in a round that was led by... Read more »

The Post-Trade Distributed Ledger (PTDL) Group Welcomes Largest Investment Bank in Latin America to its Organising Committee

The Post-Trade Distributed Ledger (PTDL) Group, which brings together major post-trade industry participants and regulators to drive the transformation of distributed ledger... Read more »

Maven invests £2 million in high-growth FinTech provider Delio

Maven Capital Partners (“Maven”), one of the UK’s most active private equity houses, has invested £2 million in high-growth FinTech provider Delio Limited (“Delio”). The... Read more »

Robo.cash has funded €100 mln worth of loans

The European P2P platform Robo.cash has financed €100 mln of loans. The platform's data for the first... Read more »

innogy Ventures Invests In World’s First Intelligent Mobility Operating System

innogy Ventures, the venture capital investment arm of innogy Innovation Hub, has invested in Teralytics AG as part of a $17.5 million funding round. innogy Ventures and innogy... Read more »

Legal & General announces first fintech partnership with Raisin.co.uk

Legal & General, one of Europe’s largest asset managers and a major global investor, has announced a partnership with Manchester-based fintech ... 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