40%
Sandbox pilots help innovative firms get to market quicker – firms coming through Innovate are being authorised on average 40% faster than standard authorisation timings.
2021
New FCA ‘scale box’ announced to better enable start-ups to test new propositions, and to provide a one-stop shop for growth stage firms.
Challenges
Commercial sensitivities
Mutual, sector-wide benefits are missed because of individual entity concerns about privacy and competitive advantage.
Regulatory restrictions
Concerns about sanctions for breaching data privacy and confidentiality regulation inhibit innovation and collaboration efforts.
Theory, not reality
Great ideas are nothing without great execution, and many sandbox environments fail to provide a way to scale concepts into viable products and services.
How AIRtech® helps
Data remains secure
The detail of data remains secure, allowing organisations to learn from insights without compromising data value
Fuel creativity
Create an environment where users can use the full potential of knowledge and information to inform ideas, without the need for lengthy transformation or breaching regulations.
Realise potential
Generate ideas, test and iterate, to create products and services ready for real-world deployment.
‘Annual spend on on-premise data quality tools remains high, with an average of $208,000 and a median of $150,000, which prevents more pervasive adoption of tools.’
Gartner
Discover more use cases
Internal data access challenge
Unlock new opportunities in your data by quickly, easily and repeatedly accessing data from multiple sources across your entire organisation in a compliant, secure and auditable environment.
Collaboration
Drive commercial benefits while meeting regulatory requirements with fast and repeatable access to data across multiple organisations, no matter where the information is held.
Reduce costs
Cut out the costs of accessing and storing data by creating a shortcut to value.