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Canadian Institute Fintech Challenge 2016

The challenge opens for entry on Monday the 12th of September and closes for entry on on midnight (Eastern Daylight Time) Saturday the 24th of September 2016

Canadian Institute Fintech Challenge 2016
In collaboration with Matchi and KPMG Canada
Event Description
The Canadian Institute Fintech Challenge 2016 is a priceless opportunity for six fintech firms from anywhere in the world to win face-time with some of Canada’s leading financial institutions that have already pre-defined their focus areas and who are actively seeking market-ready innovations from outside of their organisations.
What's in it for you
The Canadian Institute Fintech Challenge 2016 is a global call for proven fintech solutions that align to any of the six key focus areas (categories for submission) which have been pre-defined by a number of Canadian financial institutions, including Canadian Imperial Bank of Commerce, Bank of Nova Scotia, TD Bank Financial Group, Alberta Treasury Branches, CIBC Mellon, Sun Life Financial and Aviva Canada.

The highest ranking solution in each theme will be invited to Toronto to pitch their innovation in person to key decision makers from the participating Financial Institutions. Each of the shortlisted solutions will also win a live demo on stage during the Canadian Institute’s upcoming Fintech Forum which takes place from 18 October 2016 – 19 October 2016.
How will your entry be scored
All entries will be validated by Matchi analysts and then individually scored by a pre-selected panel of Innovation thought leaders on: novelty/ innovativeness, ease of implementation, potential impact (revenue, cost or efficiency) and overall impression. A facilitated judging session will give the panel an opportunity to deliberate after which the winning fintech solutions will be announced.

Challenge Categories
 
Digital Labour
Solutions that apply Artificial intelligence (AI) to financial services processes, including Machine Learning, and/or solutions that enable Robotic Process Automation (RPA)
 This Challenge is closed for entry
 
Wealth Management
Fintech innovations that enable private banking/wealth management clients to do Goals-based planning. Also solutions that promote Robo Advising and /or Personal Financial Management
 This Challenge is closed for entry
 
Peer to Peer Financial Services
Fintech solutions in the P2P Insurance space, as well as solutions that help financial institutions to participate in the P2P Lending market, including the payments component
 This Challenge is closed for entry
 
Data & Analytics
Solutions that enable financial institutions to understand large and disparate data sets, and/or develop a predictive analytics capability
 This Challenge is closed for entry
 
Blockchain
Fintech innovations that use blockchain technologies for Identity Management and/or Smart Contracts
 This Challenge is closed for entry

Interactive Challenge Timeline

Current Phase in Challenge

 Challenge has Ended

Challenge Phase Dates

  • Entry: 12th September to 24th September
  • Entry Validation: 26th September
  • Scoring: 27th September to 3rd October
  • Announce Finalists: 4th October
  • Presentation: 18th October to 19th October

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