IBSFINtech recognized as the sole treasury management solution winner at Thomson Reuters FinTech Challenge 2016

Thomson Reuters FinTech Challenge 2016 - Winner

IBSFINtech achieved a significant milestone by winning the prestigious Thomson Reuters FinTech Innovation Challenge 2016, emerging as the sole player in the Treasury Management space to receive this honor in the first-ever South Asia edition of the competition.

This victory marked a remarkable achievement in our journey, following our recognition as the Software Product of the Year 2015 by Express IT Awards, and represented a hat-trick of prestigious accolades for our innovative work in the FinTech domain.

"We are thrilled to win the Thomson Reuters FinTech Challenge 2016. It is about time that industry starts recognizing our innovative solutions in treasury management space. There is still a long way to go, but this recent acknowledgement reflects that we are on the right track!"

— C M Grover, Executive Director, IBSFINtech

Competition Highlights

• Selected as Winner from 59+ startups that applied
• Only treasury management solution to win in the challenge
• Earned a spot on the EIKON App Studio platform
• Received mentorship from FinTech Industry Leaders

About the Challenge

Launched in September 2016, the Thomson Reuters FinTech Innovation Challenge India offered innovative FinTech start-ups the opportunity to collaborate with the Thomson Reuters EIKON App platform. This marked the first time Thomson Reuters opened its EIKON App studio to start-ups and technology companies in the BFSI industry in India.

"We are glad to be associated with EIKON App Studio, as this opens up new avenues of opportunities for our software solution by providing access to the global library of specialist applications that offer analysis, calculations, data visualizations and communication capabilities across asset classes."

— T M Manjunath, Technical Director, IBSFINtech

Key Benefits

• Onboarding to the EIKON App Studio platform
• Mentorship from FinTech industry leaders
• Opportunity to co-create innovative solutions with Thomson Reuters
• Access to a global network of financial professionals
• Enhanced visibility in the FinTech ecosystem

Significance

This recognition validated our position as an innovator in the FinTech space and provided a significant platform to showcase our treasury management solutions to a global audience. The win opened doors to new opportunities for collaboration and growth in the financial technology sector.