BOSTON and SHORT HILLS, N.J., July
13, 2016 /PRNewswire/ -- FinTech Sandbox startups
looking to develop or test new products and enhancements for the
financial technology sector will now have access to Dun &
Bradstreet's global commercial data on businesses large and small,
public and private.
For technology entrepreneurs in financial services, accessing
data and other infrastructure can often be prohibitively expensive
and complicated. FinTech Sandbox helps startups by offering free
access to the data they need by aligning with industry-leading
companies like Dun & Bradstreet, thereby opening the door for
advancement and innovation. Residents are expected to collaborate
with each other, sharing learnings and advancements that benefit
the FinTech ecosystem as a whole.
Jean Donnelly, executive director
of FinTech Sandbox, said: "Our relationship with Dun &
Bradstreet will help us on our path to assist startups refine and
test their FinTech products and services using data that may not
otherwise be accessible to them. The comprehensive B2B data from
Dun & Bradstreet will provide greater insights for our
entrepreneurial members to create the most innovative new
technology solutions for the financial services industry."
Dun & Bradstreet will provide FinTech Sandbox residents
looking to use the data for development and testing with access to
its market-leading intelligence on public and private companies.
Key data from Dun & Bradstreet will help startups to develop
products and services that help improve customer experiences,
integrate data across systems, deliver real-time insight, increase
the speed and accuracy of decision-making tools, and provide more
complete confidence when it comes to identity resolution. A
sample of some of the use cases addressable through Dun &
Bradstreet data include:
- Data Management: Growth starts with understanding
connected relationships through identity resolution and clean
data
- Finance, Credit and Risk Management: Helping to
transform finance into a data-inspired engineer of business growth
by applying data, insight and analytics
- Compliance including KYC / AML / FATCA & CRS:
Balancing compliance and growth with data and analytics in a
rapidly evolving world
- Marketing and Sales: Finding the most valuable customers
and prospects with precision, engaging them with personalized
content and accelerating pipeline with sales intelligence
- Supply Chain Management: Activating data and analytics
to control supply chain risk and avoid the consequences of
disruption
- Analytics Enabling trading firms to gain an edge on the
marketplace, beating benchmarks
"Dun & Bradstreet's data will be critical to enhancing the
innovative technologies being designed and refined by participating
startups," said Mark Gutzwiller,
leader of Business Development for Alliances, Dun & Bradstreet.
"We're pleased to support FinTech Sandbox and its members with
actionable insight to help uncover valuable relationships across
industries."
Dun & Bradstreet provides unique intelligence on public and
private companies, empowering capital market participants to comply
with regulations, increase operational efficiency and generate
alpha.
About FinTech Sandbox
FinTech Sandbox is a
Boston-based nonprofit founded to
promote financial technology innovation globally by providing free
access to critical data and resources to FinTech entrepreneurs and
startups. Sponsors include Fidelity Investments, F-Prime Capital,
Thomson Reuters, Silicon Valley Bank, Amazon Web Services, Intel,
SIX Financial Information, Goodwin
Procter, State Street Bank, and .406 Ventures. For more
information, please visit http://www.FinTechSandbox.org and
https://twitter.com/FinTechSandbox.
About Dun & Bradstreet
Dun & Bradstreet (NYSE:
DNB) grows the most valuable relationships in business. By
uncovering truth and meaning from data, we connect customers with
the prospects, suppliers, clients and partners that matter most,
and have since 1841. Nearly ninety percent of the Fortune 500, and
companies of every size around the world, rely on our data,
insights and analytics. For more about Dun & Bradstreet, visit
DNB.com. Twitter: @DnBUS
MEDIA CONTACTS:
Deborah
McBride
Dun & Bradstreet
(973) 921-5714
mcbrided@dnb.com
Jean Donnelly
Executive Director
FinTech Sandbox
+1 617 863 2325
jdonnelly@fintechsandbox.org
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SOURCE Dun & Bradstreet