IA develops 'accelerator' to support fintech firms in asset management

Due to launch in Q2

The Investment Association has developed a 'fintech accelerator' named VeloCity to boost technological innovation within asset management.

VeloCity will launch in the second quarter of 2018 and will bring together fintech firms with 'market viable' technology that is tailored to asset managers.  The launch reflects the strong demand within the asset management industry for new technology that will enhance the customer experience and increase business efficiency, the trade body said. EU regulators signal greater fintech supervision VeloCity will welcome between four to eight fintech firms, twice a year, and assist them with turning their technology into business-ready solutions. Firms will have to apply and will join f...