FinTech Innovation Lab New York Now Accepting Applicants for 2021 Class
Summary
The FinTech Innovation Lab is designed for entrepreneurs developing disruptive enterprise technologies for the financial services industry, including the banking, insurance and asset management sectors. Based on feedback from senior executives at participating financial institutions, this year’s Lab is seeking companies leveraging innovative technologies in seven major areas: • Cloud — cloud management and migration at speed, security, multi-cloud, and cloud user interface / user experience; • Data — predictive analytics, synthetic data, and alternative sources to inform business decision making, governance, visualization, enhancements and automation; • Digital Engagement — digital client and partner engagement including customer acquisition and experience, and product customization; • Enterprise IT — solutions addressing information technology and engineering needs including DevOps, engineering efficiencies and automation, and application portfolio rationalization and management; • Future of Work — collaboration among stakeholders in the remote work environment, including virtual deal management, talent development and organizational management; and • Sustainability — environmental, social and corporate governance (ESG); financial health and inclusion; organizational culture; and diversity and inclusion programs. The Lab will partner the selected fintech entrepreneurs with senior-level bank, insurance and wealth management executives, who will help them develop and refine their technologies and business strategies through a series of one-on-one meetings, panel discussions, user-group sessions and networking opportunities. By bringing together an ecosystem with our senior business leaders, catalyzed by NYC entrepreneurs, we will identify solutions to fulfill our clients’ strategic goals across risk, retirement and health.” “Over the past several years we have provided mentorship to brilliant innovators in the fintech space and in return we’ve had insight into some of the most outstanding ideas and talent in the country. The ultimate goal is a win-win for everybody.” Among the 43 participating institutions providing mentoring and guidance for this year’s applicants are: AIG; AllianceBernstein; Ally Financial; American Express; Aon; AQR Capital Management; AXA XL; Bank of America; Barclays; BlackRock; BNP Paribas; BNY Mellon; Capital One; Chubb; CIT; Citi; Credit Suisse; Deutsche Bank; Fidelity Investments; Global Atlantic; Goldman Sachs; Guardian Life; JPMorgan Chase; KeyBank; Marsh & McLennan; Mastercard; Mizuho Americas; Morgan Stanley; New York Life; NFP; Rabobank; RBC Capital Markets; Société Générale; Synchrony; The D. E. Shaw group; The Hartford; The Travelers Companies, Inc.; TIAA; U.S. Bank; UBS; USAA; Wells Fargo; and Zurich North America.