Framework Philosophy

SIGTB FinTech becomes an Alternative Technology Platform based on the Development Bank Cores philosophy, configurable and modular, enabling high efficiency applied to any entity in the technological, functional and regulatory aspects ... 

From the different Workshops provided by SIGTB Framework, the integral behavior of the Financial Entity can be customized: from the corporate style, the offering conformation... to the modeling of its entire business processes

 

SIGTB FinTech supports the six important drivers that will cut across financial sector functions and will promote clusters of innovation

 

(1) Streamlined Infrastructure: SIGTB FinTech Platform is a decentralised technology that provides new ways to aggregate and analyse information, improving connectivity and reducing the marginal costs of accessing information and participating in financial activities

 

(2) Automation of High-Value Activities: SIGTB FinTech promotes and support innovations leverage advanced algorithms and computing power to automate activities that were once highly manual, allowing them to offer cheaper, faster, and more scalable alternative products and services

 

(3) Reduced Intermediation: SIGTB FinTech enhances emerging innovations are streamlining or eliminating traditional institutions’ role as intermediaries, and offering lower prices and / or higher returns to customers

 

(4) The Strategic Role of Data: SIGTB FinTech leverages innovations allow financial institutions to access new data sets, such as social data, that enable new ways of understanding customers and markets

 

(5) Niche, Specialised Products: SIGTB FinTech will ease the new entrants with deep specialisations are creating highly targeted products and services, increasing competition in these areas and creating pressure for the traditional end-to-end financial services model to unbundle

 

(6) Customer Empowerment: SIGTB FinTech strength innovations giving customers access to previously restricted assets and services, more visibility into products, and control over choices, as well as the tools to become “prosumers”