Vivolution
is the comercialisation partner to
FinTech Scotland
Helping innovative fintechs from across Scotland to accelerate their potential in domestic and international markets; making things happen between financial services, start-ups, investors, regulators, industry and academia to provide real-world commercialisation which will deliver results in economic growth and jobs.
Vivolution Principle Activities
Scotland’s FinTech
Vision for 2020
To be recognised as a Top 5 Global Fintech Centre with a focus on
DataDriven Innovation demonstrated through six strategic deliverables:
DataDriven Innovation demonstrated through six strategic deliverables:
Fintech Scotland recognizes the crucial relationship between large financial institutions and small, agile fintech firms looking for solutions to the significant global challenges, thrown up by the pace of technological and regulatory change, such as open banking and cyber security. It is often recognised that there is need for large financial institutions to “behave like start-ups” and to drive intrapreneurship across their own teams; ensuring innovation is also coming from within and to have the broad eco-system of industry, start-ups and academia all working together to solve the many global financial challenges, more rapidly.
Fintech talent being developed is a significant opportunity for Scotland; it’s not just about having academic knowledge, data management and digital skills, it’s applying them in a commercial environment which will deliver results to the bottom line whilst driving shareholder returns, economic growth for Scotland and increasing employment with sophisticated and high paid jobs. It comes back to a joined up approach to collaboration, between financial services, academia, industry, start-ups, investors and the regulatory networks.
Fintech talent being developed is a significant opportunity for Scotland; it’s not just about having academic knowledge, data management and digital skills, it’s applying them in a commercial environment which will deliver results to the bottom line whilst driving shareholder returns, economic growth for Scotland and increasing employment with sophisticated and high paid jobs. It comes back to a joined up approach to collaboration, between financial services, academia, industry, start-ups, investors and the regulatory networks.
Tech Nation’s Fintech Delivery Panel, with the UK’s 5 biggest banks and input from UK fintech startups, have created essential, definitive onboarding guidelines for fintechs and other SMEs looking to work with large financial institutions.
Engaging with large financial institutions can seem like a daunting endeavour for a starting or scaling company. This guidelines explains what is expected from companies looking to work with the big banks. It goes into important aspects of the interaction like the qualification process, things to consider in your market positioning, and other key points to bear in mind when talking to a large regulated entity, such as due diligence on your third-party technology providers
Engaging with large financial institutions can seem like a daunting endeavour for a starting or scaling company. This guidelines explains what is expected from companies looking to work with the big banks. It goes into important aspects of the interaction like the qualification process, things to consider in your market positioning, and other key points to bear in mind when talking to a large regulated entity, such as due diligence on your third-party technology providers
© Vivolution Limited