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Tuesday 20 March 2018

*** NEW RESEARCH*** The new generation of Fintech providers is here

logoFinovate is a unique event in the Fintech calendar: 70 firms get strictly-policed 7-minute slots to demonstrate an actual product, making it a very valuable opportunity to see what the more innovative tech providers are out there selling into the UK market.

When the London event started in 2011, almost all the demonstrating companies were start-ups, but now some of them have grown into serious SITS providers to multiple leading banks around the world and they are joined on-stage by established players like IBM and Avaloq as well as the latest crop of start-ups.

It’s clear from this year’s event at the Excel earlier this month that FinTech has grown up. It is no longer just clever tech that we see on stage, but integrated solutions which are API-enabled and Open Banking ready.

fintechTechMarketView has been observing the Fintech sector for several years and in our view this is a critical time. A new generation of Fintech providers has evolved, potentially transforming the Software and IT Services Supplier landscape for the Financial Services industry.

Subscribers can read our latest FintechViews report, analysing this fundamental shift and setting out how SITS providers need to act in order to stay relevant, here.

Non-subscribers can inquire about buying this insightful report here.

Posted by Peter Roe at '08:27' - Tagged: legacy   banking   regulation   API