The 3D FinTech Challenge provided the focus, mentoring and introductions to accelerate a greater commercial deployment. Dassault Systèmes, Deutsche Börse Group, our mentor and domain experts, helped hone and reinforce the strength of our solutions to overcome the hurdles associated with regulatory compliance and systemic and non-systemic risk.
The 3D FinTech Challenge demonstrates how technology innovation has the potential to empower industry players and regulators, improve common understanding, reduce regulatory risk and compliance costs and shape the investment journey. We are proud to have collaborated with leading industry executives and are delighted Algodynamix has won this year’s 3D FinTech Challenge. I’m confident they will be instrumental in helping to revolutionize how institutions address regulatory requirements to improve the customer experience.
Deutsche Boerse has been focused on fostering fintech and innovation in financial markets by historically nurturing early stage companies. It has been a natural progression to partner on the 3D FinTech Challenge. We congratulate Algodynamix for winning the contest. Their solution addresses a key regulatory challenge faced by our industry.