Commoidatisation of Financial Services...starts with starts-ups, but than small banks will follow.
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A New non-profit programme offering fintech startups free access to data feeds and APIs from providers such as Thomson Reuters and Xignite is gearing up for launch later this month. The Boston-based FinTech Sandbox aims to solve one of the biggest problems facing young financial technology firms: the cost and difficulty of accessing data to test-drive their applications. Its six month programme will give participants access to data and APIs from a range of providers, including SIX Financial Information and Tradier, as well as data processing and storage services from Amazon Web Services.
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