The Disruption House is a digital ecosystem provider that enables the financial services industry to discover, assess, track and adopt innovative technology solutions.
Two types of assessment are available to financial institutions – fully automated and analyst-enhanced:
- Automated assessments (L1’s) are model-based benchmarks that are designed to help regulated institutions to filter early stage FinTechs applying to work with their organisations. L1’s help firms to rapidly identify the capabilities, maturity and enterprise readiness of early stage software businesses ensuring early on in the engagement process that these companies are likely to meet their firm’s procurement requirements. This reduces time wastage on both institutional and FinTech side and accelerates access to innovation.
- Analyst-enhanced assessments (L2’s) of start-up and scale-up stage FinTechs are in depth assessments of these firms’ capabilities and level of enterprise readiness and are a cost and time effective way of ensuring that they are capable of meeting their buyer’s enterprise readiness and risk requirements pre-procurement.
The L1 and L2 assessments also enable institutions to meet their regulatory obligation on managing outsourcing risks when engaging with early stage FinTech providers via:
- Pre-onboarding risk assessments
- Monitoring the risks presented by FinTech suppliers on an ongoing basis
Using L1 and L2 assessments alongside the underlying database enables firms to identify alternative providers to failing incumbents and conduct pre-engage risk assessments for exit planning purposes.
Learn more about our assessments
If you would like to understand more about our assessments and the breadth and depth of information they provide for partnership and growth, please click on the links below to request an example of each type of assessment.
Looking for more information?
If you would like to learn more about The Disruption House and how we help to accelerate engagements between Financial Institutions and FinTechs please click the link below: