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Efma announces major Fintech portal initiative with Microsoft and Avanade

By Microsoft Banking and Capital Markets on February 8, 2016

Filed under Financial Services - Banking & Capital Markets

Efma, Microsoft and Avanade are working together with some of the world’s largest financial institutions to launch a new Fintech portal, www.efma.com/fintech, to connect the rapidly expanding fintech community with retail banks and insurance firms globally.

For the very first time, the portal will create a worldwide platform to bridge the gap between fintechs, banks and insurance companies. “The aim is to provide a unique portal that enables the fintech offer to meet the demands of financial institutions” said Vincent Bastid, Efma CEO.

As of today, fintech companies can use a free form (www.efma.com/SubmitYourFintech) to create an account on the portal and submit their solutions, to boost their profile, showcase their capabilities, and network with more than 3,300 Efma member financial institutions in 130 countries.

“Avanade are delighted to partner with Efma and Microsoft on this new initiative designed to help banks and insurers discover the best fintech partners to support them on their journey to become true digital businesses,” said Violetta Senda, Avanade Europe digital strategy lead. “This unique forum for networking and collaboration will enable financial services institutions to adopt best-in-class fintech solutions to transform their business, strengthen customer relationships, and empower employees.”

“The connected economy, global digitization, and unprecedented changes to the financial services business model are transforming the way businesses innovate. Microsoft and its partners are empowering financial institutions to thrive in the digital age, and we are proud to be working with Efma and Avanade to support this initiative and connect the rapidly expanding fintech community with retail banks and insurance firms globally.” Said Patrice Amann, EMEA Financial Services Director, Microsoft Corp.

A jury comprised of 50 banking and insurance executives will select nine of the best-in-class fintech solutions from across the world to receive the Efma Fintech Award. The winners in each category will receive awards from Santander, BNP Paribas, Intesa Sanpaolo, Caixa Bank and other world leading financial institutions active in the fintech space. This ceremony will take place during the Efma Distribution Summit Gala on 14 April 2016.

Efma, Microsoft and Avanade will also introduce the Fintech Portal to the global financial services industry at the Distribution Summit Gala, highlighting how it offers a huge repository of fintech data profiles, solutions and capabilities.

 

About Efma

As a global not-for-profit organisation, Efma brings together more than 3,300 retail financial services companies from over 130 countries. With a membership base consisting of almost a third of all large retail banks worldwide, Efma has proven to be a valuable resource for the global industry, offering members exclusive access to a multitude of resources, databases, studies, articles, news feeds and publications. Efma also provides numerous networking opportunities through working groups, online communities and international meetings.

Learn more at www.efma.com

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