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Thursday 1 December 2016

Thomson Reuters Announces Winners Of 2016 FinTech Innovation Challenge

IBSFINtech India, Signzy Technologies, Tataatsu Idealabs and Teligenz Tech Solutions were announced as the winners of the first ever South Asia FinTech Innovation Challenge by Thomson Reuters, the world’s leading source of trusted answers for businesses and professionals. The solutions from the four winning start-ups will go through mentorship and practical guidance from Thomson Reuters. This will be done before they are on barded on to the EIKON App Studio.

App Studio on Eikon provides an open platform where professionals can access specialized apps and streamline workflow needs to improve productivity. App Studio allows third parties to blend Thomson Reuters leading news, analytical tools and market data with proprietary research and other third-party data to create apps for their own use or for release to the wider industry.

FinTech Innovation Challenge was launched in September 2016 with an aim to identify and collaborate with innovative technology start-ups. This will create a rich and inclusive ecosystem that supports data driven businesses in the financial services industry.

Speaking about the success of 2016 Fintech Innovation Challenge in India, Mr. Pradeep Lankapalli, Managing Director, South Asia, Thomson Reuters, said, “This marks our first significant step in engaging with the financial technology startups in South Asia and we are overwhelmed by the response from this dynamic community. It is particularly stimulating to see how startups are reimagining the industry with innovative solutions. Our deep industry expertise with innovative solutions can enhance the value we deliver to our customers.”

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