In focus report- financial services, insurance and customer experience

Page 1

Sector: Financial

Services

Sub Sector: Capital

Markets

i. Driving

Business Priority:

Client Engagement ii. Digitising Trade Operations iii. Focus on Regulatory Compliance

INFOCUS REPORT

“Digital transformation in Capital Markets” The GrowthEnabler InFocus reports uniquely address the top priorities for technology leaders and their teams; by recommending potential solutions, in the context of business growth. Each business priority is broken down to point level/function-specific solutions that are further linked to technologies with a list of vendors. Business Solutions are sourced from GrowthEnabler Pii, our intelligence gateway to over 525K high growth tech companies. This report is designed to navigate the ever-changing technology landscape, and enable more informed, and quicker, decision making.

3

Step Guide Document

Created for the: CIO, CDO, CTO, CSO, CEO

Reading Time: 15 minutes

©2018 / All rights reserved


Sector: Financial Services • Sub sector: Capital Markets • Business Priority: i. Driving Client Engagement ii. Digitising Trade Operations iii. Focus on Regulatory Compliance

Contents i. Introduction 01. / How will this impact growth? 02. / Identifying business priorities 03. / From business priorities to solutions, in 3 steps

iii. Recommendations 25. / Digital transformation in Capital Markets

ii. The 3 Steps Driving Client Engagement 04. / How do I improve client acquisition? 06. / How do I drive efficiency in client onboarding? 09. / How do I improve client service and support? Digitising Trade Operations 10. / How do I drive efficiences in trade execution? 16. / What are the ways to improve post trade digitization? Focus on Regulatory Compliance 21. / How do I gain better results in managing risks? 23. / How do I stay compliant?

iv. Methodology 27. / GrowthEnabler Research Methodology

©2018 / All rights reserved


Sector: Financial Services • Sub sector: Capital Markets • Business Priority: i. Driving Client Engagement ii. Digitising Trade Operations iii. Focus on Regulatory Compliance

How will digital transformation impact growth? An introduction

Since the financial crisis in 2008, Regulators attempts to bring in more transparency and stability into the Financial markets is throwing challenges, including new capital and liquidity regimes, heightened reporting requirements and new investor protection provisions for Market infrastructure companies.

Dwindling revenues and operating margins are further forcing firms to redefine their current business processes and adopt new technologies to drive efficiencies. Investment banks were early adopters of digital technology in their front office operations, unfortunately the same level of emphasis is not sustained for back and middle office operations, which has led to an increase in operation costs. In the shifting market dynamics, firms need to prioritize their IT investments and ramp up automation efforts to stay relevant in the market. Capital Market firms should strive to be a client centric and data driven organisation. They need to build collaborative ecosystems that help reduce investment banks’ structural costs and enable enhanced regulatory compliance and better service to customers. Market infrastructure companies need to make significant investments in technologies like RPA (Robotic Process Automation), Bigdata and Cloud as they could significantly improve the quality of interactions with customers by proving relevant insights and drive efficiency in the Internal operations. Partnering with RegTechs to transform the compliance functions could also bring in significant cost advantages.

©2018 / All rights reserved

01


Sector: Financial Services • Sub sector: Capital Markets • Business Priority: i. Driving Client Engagement ii. Digitising Trade Operations iii. Focus on Regulatory Compliance

Business Priorities Sub-segments

How do I improve client service and support?

How do I improve client acquisition?

How do I drive efficiences in trade execution?

How do I gain better results in managing risks?

Driving Customer Engagement

Digitising Trade Operations

Focus on Regulatory Compliance

What are the ways to improve post trade digitization?

How do I stay compliant?

How do I drive efficiency in client onboarding?

©2018 / All rights reserved

02


Sector: Financial Services • Sub sector: Capital Markets • Business Priority: i. Driving Client Engagement ii. Digitising Trade Operations iii. Focus on Regulatory Compliance

From Sub-segments to Solutions The 3 Steps.

1.

2.

SUB-SEGMENTS OF BUSINESS PRIORITY

3.

SOLUTIONS TO CONSIDER

STARTUPS TO EVALUATE

EMERGING SCALING MATURE

Startup Growth Stage Definitions EMERGING:

Early stage startups typically at beta product stage and seeking investment capital

SCALING:

Typically funded, with a market ready product and revenue positive

MATURE:

Established product, exploring new growth markets and partnerships

©2018 / All rights reserved

03


Driving Client Engagement

1.

SUB-SEGMENTS OF BUSINESS PRIORITY

2.

SOLUTIONS TO CONSIDER

3.

STARTUPS TO EVALUATE

Persado

A. Driving Client Engagement

How do I improve client acquisition

How do I drive efficiency in client onboarding

B. Digitising Trade Operations

How do I improve client service & support

Personalised marketing campaigns

Automation of marketing campaigns

New York, USA persado.com Persado is an AI-based marketing software to deliver content based on individual profile.

Optimizely

San Francisco, USA optimizely.com Optimizely helps businesses test out different ways to make their websites or apps more effective.

Phrasee

London, UK phrasee.co Phrasee offers AI-enabled software for email marketing.

Find more solutions on GrowthEnabler Pii...

C. Focus on Regulatory Compliance

www.growthenabler.com

04


Driving Client Engagement

1.

SUB-SEGMENTS OF BUSINESS PRIORITY

2.

SOLUTIONS TO CONSIDER

3.

STARTUPS TO EVALUATE

FMeX

A. Driving Client Engagement

How do I improve client acquisition

How do I drive efficiency in client onboarding

B. Digitising Trade Operations

How do I improve client service & support

Personalised marketing campaigns

Automation of marketing campaigns

Plymouth, UK fmexdirect.com FMeX helps brands manage the entire content marketing process on one platform.

Sailthru

New York, UK sailthru.com Sailthru provides APIs for automated personalized marketing across all digital channels.

Emarsys

London, UK emarsys.com Emarsys provides the B2C personalized and automated marketing solutions using AI..

Find more solutions on GrowthEnabler Pii...

C. Focus on Regulatory Compliance

www.growthenabler.com

05


Driving Client Engagement

1.

SUB-SEGMENTS OF BUSINESS PRIORITY

2.

SOLUTIONS TO CONSIDER

3.

STARTUPS TO EVALUATE

Trulioo

A. Driving Client Engagement

How do I improve client acquisition

How do I drive efficiency in client onboarding

B. Digitising Trade Operations

Vancouver, Canada trulioo.com Trulioo, an online identity verification company, enables trust and safety online by powering fraud and compliance systems worldwide.

How do I improve client service & support

Identity authentication platforms (e-KYC)

Digital onboarding & e-Signature solutions

Client insight / analytics

C. Focus on Regulatory Compliance

Trunomi

London, UK trunomi.com Trunomi offers digital identity verifaction platform and customer data consent and rights management solutions.

Onfido

London, UK onfido.com Onfido builds trust in an online world by helping businesses digitally verify people’s identities.

Find more solutions on GrowthEnabler Pii... www.growthenabler.com

06


Driving Client Engagement

A. Driving Client Engagement

1.

SUB-SEGMENTS OF BUSINESS PRIORITY

SOLUTIONS TO CONSIDER

3.

STARTUPS TO EVALUATE

How do I improve client acquisition

WorkFusion How do I drive efficiency in client onboarding

B. Digitising Trade Operations

2.

How do I improve client service & support

Identity authentication platforms (e-KYC)

Digital onboarding & e-Signature solutions

New York, USA workfusion.com WorkFusion automates enterprise business processes by combining robotics, AI-powered cognitive automation, and workforce orchestration.

Blue Prism

London, UK blueprism.com Blue Prism develops robotic process automation software and transforms the core business processes to drive innovation.

Hellosign Client insight / analytics

C. Focus on Regulatory Compliance

San Francisco, USA hellosign.com HelloSign offers fast, secure, and legally binding eSignatures for businesses.

Find more solutions on GrowthEnabler Pii... www.growthenabler.com

07


Driving Client Engagement

A. Driving Client Engagement

1.

SUB-SEGMENTS OF BUSINESS PRIORITY

SOLUTIONS TO CONSIDER

3.

STARTUPS TO EVALUATE

How do I improve client acquisition

How do I drive efficiency in client onboarding

B. Digitising Trade Operations

2.

How do I improve client service & support

Identity authentication platforms (e-KYC)

Digital onboarding & e-Signature solutions

Find more solutions on GrowthEnabler Pii... www.growthenabler.com

Addepar

Mountain View, USA addepar.com Addepar is an investment management platform for investors and advisors.

Neuroprofiler Client insight / analytics

C. Focus on Regulatory Compliance

Vinon-sur-Verdon, France neuroprofiler.com Neuroprofiler is a behavioral finance platform to help financial advisors assess the investor profile.

TAVIQ

Oulu, Finland taviqinvesting.com Prospect profiling software for financial advisors

08


Driving Client Engagement

A. Driving Client Engagement

1.

SUB-SEGMENTS OF BUSINESS PRIORITY

2.

SOLUTIONS TO CONSIDER

STARTUPS TO EVALUATE

How do I improve client acquisition

Tier1CRM

Toronto, Canada tier1crm.com CRM for Global Banking and Markets.

How do I drive efficiency in client onboarding

B. Digitising Trade Operations

3.

How do I improve client service & support

Client relationship management

InvestorFlow

Palo Alto, USA investorflow.com Fundraising and Investor Reporting Platform for Private Equity and Hedge Funds

KyoLAB

C. Focus on Regulatory Compliance

London, UK kyolab.com Helps businesses engage with their clients through popular mobile messaging apps in a compliant way.

Find more solutions on GrowthEnabler Pii... www.growthenabler.com

09


Digitising Trade Operations A. Driving Client Engagement

1.

SUB-SEGMENTS OF BUSINESS PRIORITY

How do I drive efficiences in trade execution

What are the ways to improve post trade digitization

2.

SOLUTIONS TO CONSIDER

3.

STARTUPS TO EVALUATE

Cindicator Pre-trade analytics

New York, USA cindicator.com Hybrid Intelligence for financial markets.

Quantilia Market news and data

Nice, France quantilia.com An innovative online data and portfolio management platform dedicated to quantitative investment strategies.

OpenGamma

B. Digitising Trade Operations

Reference data platforms

Algorithmic trading

London, UK opengamma.com OpenGamma provides real-time market risk management technology for financial institutions.

Find more solutions on GrowthEnabler Pii... www.growthenabler.com

C. Focus on Regulatory Compliance

Risk analytics platforms

Post-trade analytics 10


Digitising Trade Operations A. Driving Client Engagement

1.

SUB-SEGMENTS OF BUSINESS PRIORITY

How do I drive efficiences in trade execution

What are the ways to improve post trade digitization

2.

SOLUTIONS TO CONSIDER

3.

STARTUPS TO EVALUATE

Dataminr Pre-trade analytics

New York, USA dataminr.com A realtime AI platform discovers high impact events & critical breaking news far in advance of existing information systems

Acuris Market news and data

New York, USA acuris.com Acuris provider of business intelligence and research for fixed income, transactions, infrastructure, compliance and equities.

Accern

B. Digitising Trade Operations

Reference data platforms

Algorithmic trading

New York, USA accern.com Monitors over 1 billion websites, provides news analytics solutions for global equities, commodities, forex & cryptocurrencies.

Find more solutions on GrowthEnabler Pii... www.growthenabler.com

C. Focus on Regulatory Compliance

Risk analytics platforms

Post-trade analytics 11


Digitising Trade Operations A. Driving Client Engagement

1.

2.

SUB-SEGMENTS OF BUSINESS PRIORITY

SOLUTIONS TO CONSIDER

How do I drive efficiences in trade execution

Pre-trade analytics

What are the ways to improve post trade digitization

Market news and data

3.

STARTUPS TO EVALUATE

Preqin

London, UK preqin.com Preqin is the alternative assets industry’s leading source of data and intelligence.

AlphaSense

B. Digitising Trade Operations

Reference data platforms

Visible Alpha Algorithmic trading

C. Focus on Regulatory Compliance

New York, USA alpha-sense.com An intelligent Search Engine that provides sophisticated semantic analytics to give you an unprecedented information edge

Risk analytics platforms

New York, USA visiblealpha.com Visible Alpha delivers a data and analytics platform with comparable forecast models from the world's leading equity analysts.

Find more solutions on GrowthEnabler Pii... www.growthenabler.com

Post-trade analytics 12


Digitising Trade Operations A. Driving Client Engagement

1.

2.

SUB-SEGMENTS OF BUSINESS PRIORITY

SOLUTIONS TO CONSIDER

How do I drive efficiences in trade execution

Pre-trade analytics

What are the ways to improve post trade digitization

Market news and data

3.

STARTUPS TO EVALUATE

Imandra

B. Digitising Trade Operations

Reference data platforms

London, UK imandra.ai Platform for formal verification of financial algorithms

Sentient Algorithmic trading

San Francisco, USA sentientim.com Leverages distributed AI systems to develop and apply proprietary quantitative trading and investment strategies.

QuantConnect

C. Focus on Regulatory Compliance

Risk analytics platforms

Post-trade analytics

Brooklyn, USA quantconnect.com QuantConnect provides free data, cluster computing and capital through a free browser-based IDE.

Find more solutions on GrowthEnabler Pii... www.growthenabler.com

13


Digitising Trade Operations A. Driving Client Engagement

B. Digitising Trade Operations

1.

2.

SUB-SEGMENTS OF BUSINESS PRIORITY

SOLUTIONS TO CONSIDER

How do I drive efficiences in trade execution

Pre-trade analytics

What are the ways to improve post trade digitization

Market news and data

Reference data platforms

3.

STARTUPS TO EVALUATE

Find more solutions on GrowthEnabler Pii... www.growthenabler.com

Addepar Algorithmic trading

Mountain View, USA addepar.com Addepar is an investment management platform for investors and advisors.

MoCaX

C. Focus on Regulatory Compliance

Risk analytics platforms

London, UK mocaxintelligence.com Algorithmic risk-engine accelerator that increases the performance of existing Monte Carlo simulations.

Beacon Post-trade analytics

New York, UK beacon.io Beacon development platform enables commercially-focused quants to rapidly write and release code at scale.

14


Digitising Trade Operations A. Driving Client Engagement

B. Digitising Trade Operations

1.

2.

SUB-SEGMENTS OF BUSINESS PRIORITY

SOLUTIONS TO CONSIDER

How do I drive efficiences in trade execution

Pre-trade analytics

What are the ways to improve post trade digitization

Market news and data

Reference data platforms

3.

STARTUPS TO EVALUATE

Find more solutions on GrowthEnabler Pii... www.growthenabler.com

FeedStock Algorithmic trading

London, UK feedstock.com Providing a centralized view of trading, operations, surveillance, compliance and risk management.

Riskalyze

C. Focus on Regulatory Compliance

Risk analytics platforms

Auburn, USA riskalyze.com Empowers investment advisors to capture a quantitative measurement of client risk tolerance to find investments that fit.

Vertex Analytics Post-trade analytics

Chicago, USA vertex-analytics.com Vertex offers trading analytics platform that scans for potentially negative behaviors like market disruption/manipulation.

15


Digitising Trade Operations

1.

SUB-SEGMENTS OF BUSINESS PRIORITY

2.

SOLUTIONS TO CONSIDER

3.

STARTUPS TO EVALUATE

Sernova Financial

A. Driving Client Engagement

How do I drive efficiences in trade execution

Paxos What are the ways to improve post trade digitization

B. Digitising Trade Operations

Clearing and settlement

Collateral and margin management

New York, USA paxos.com Paxos is a financial technology company delivering pioneering blockchain solutions for global financial institutions.

Axoni Treasury operations

Reconciliations

C. Focus on Regulatory Compliance

London, UK sernovafinancial.com Sernova Financial cloud-based clearing service recreates the shared infrastructure and service elements of traditional clearing brokers.

New York, USA axoni.com New York-based provider of distributed-ledger technology for financial firms

Find more solutions on GrowthEnabler Pii... www.growthenabler.com

Transaction reporting

16


Digitising Trade Operations

1.

SUB-SEGMENTS OF BUSINESS PRIORITY

2.

SOLUTIONS TO CONSIDER

3.

STARTUPS TO EVALUATE

AcadiaSoft

A. Driving Client Engagement

How do I drive efficiences in trade execution

What are the ways to improve post trade digitization

B. Digitising Trade Operations

Clearing and settlement

CloudMargin Collateral and margin management

New York, USA cloudmargin.com Web-based collateral management system

IntegriDATA Treasury operations

Reconciliations

C. Focus on Regulatory Compliance

Boston, USA acadiasoft.com AcadiaSoft develops and markets derivatives and collateral management solutions for institutional investors.

New York, USA integri-data.com Offers post trade operations management solutions

Find more solutions on GrowthEnabler Pii... www.growthenabler.com

Transaction reporting

17


Digitising Trade Operations A. Driving Client Engagement

1.

SUB-SEGMENTS OF BUSINESS PRIORITY

SOLUTIONS TO CONSIDER

How do I drive efficiences in trade execution

Clearing and settlement

3.

STARTUPS TO EVALUATE

Hazeltree What are the ways to improve post trade digitization

B. Digitising Trade Operations

2.

Collateral and margin management

New York, USA hazeltree.com HazelTree offers a comprehensive treasury management solution to hedge funds and institutional investors.

Kyriba Treasury operations

New York, USA kyriba.com Kyriba offers SaaS-based treasury solutions that enable treasury departments to plan for market volatility, regulation, and opportunities.

FiREapps Reconciliations

C. Focus on Regulatory Compliance

Transaction reporting

London, UK fireapps.com FiREapps offer FX Analytics to quantify, analyze and manage the impact of currency volatility in their business.

Find more solutions on GrowthEnabler Pii... www.growthenabler.com

18


Digitising Trade Operations A. Driving Client Engagement

1.

SUB-SEGMENTS OF BUSINESS PRIORITY

SOLUTIONS TO CONSIDER

How do I drive efficiences in trade execution

Clearing and settlement

What are the ways to improve post trade digitization

B. Digitising Trade Operations

2.

Collateral and margin management

3.

STARTUPS TO EVALUATE

Find more solutions on GrowthEnabler Pii... www.growthenabler.com

Fund Recs Treasury operations

Dublin, Ireland fundrecs.com Fund Recs develops cloud based reconciliation software for the Funds Industry, replacing prehistoric enterprise software with SaaS

Market76 Reconciliations

C. Focus on Regulatory Compliance

New York, USA market76.com Market76 makes financial services work better by empowering businesses to operate with the best, highest-quality data available.

Electra Transaction reporting

New York, USA electrainfo.com Electra Information Systems is an innovative provider of solutions and services for post-trade processing.

19


Digitising Trade Operations A. Driving Client Engagement

1.

SUB-SEGMENTS OF BUSINESS PRIORITY

SOLUTIONS TO CONSIDER

How do I drive efficiences in trade execution

Clearing and settlement

What are the ways to improve post trade digitization

B. Digitising Trade Operations

2.

Collateral and margin management

STARTUPS TO EVALUATE

Find more solutions on GrowthEnabler Pii... www.growthenabler.com

RegTek Treasury operations

Reconciliations

C. Focus on Regulatory Compliance

3.

New York, USA regteksolutions.com Combines independent, market-validated actionable regulatory intelligence to offer modular solutions to all financial institutions’ regulatory challenges.

NEX Regulatory Reporting London, UK nexregreporting.com Regulatory reporting solutions

Treppides Transaction reporting

Mayfair, London treppidesrr.com Offers a platform to handle regualtory compliance for financial institutionst

20


Focus on Regulatory Compliance

1.

SUB-SEGMENTS OF BUSINESS PRIORITY

2.

SOLUTIONS TO CONSIDER

3.

STARTUPS TO EVALUATE

Eventus

A. Driving Client Engagement

How do I gain better results in managing risks

StratiFi How do I stay compliant

B. Digitising Trade Operations

Credit, market and liquidity risk

Austin, USA eventussystems.com Advanced run-time reporting and analytics platform providing a centralized view of trading, operations, compliance and risk managemet

Enterprise risk management

San Francisco, USA stratifi.com Platform to dynamically manage risk for options overlays

GeoQuant

New York geoquant.io GeoQuant is a platform using intelligent algorithms which generate high-frequency, objective risk scores to identify, track and price political risks.

Find more solutions on GrowthEnabler Pii...

C. Focus on Regulatory Compliance

www.growthenabler.com

21


Focus on Regulatory Compliance

1.

SUB-SEGMENTS OF BUSINESS PRIORITY

2.

SOLUTIONS TO CONSIDER

3.

STARTUPS TO EVALUATE

Percentile

A. Driving Client Engagement

How do I gain better results in managing risks

Riskonnect How do I stay compliant

B. Digitising Trade Operations

Credit, market and liquidity risk

London, UK percentile.co.uk Percentile provides technology to align Risk Management and Front Office for better decision making and easier regulatory compliance.

Enterprise risk management

Kennesaw, USA riskonnect.com Riskonnect is a provider of an enterprise-class technology platform for the risk management industry.

MSCI

New York msci.com MSCI is a leading provider of investment decision support tools to investment institutions worldwide.

Find more solutions on GrowthEnabler Pii...

C. Focus on Regulatory Compliance

www.growthenabler.com

22


Focus on Regulatory Compliance

1.

SUB-SEGMENTS OF BUSINESS PRIORITY

2.

SOLUTIONS TO CONSIDER

3.

STARTUPS TO EVALUATE

MetricStream

A. Driving Client Engagement

How do I gain better results in managing risks

GECKO How do I stay compliant

B. Digitising Trade Operations

Palo Alto, USA metricstream.com MetricStream provides solutions for quality management, regulatory compliance, risk management, and corporate governance.

Financial/regulatory reporting

Employee surveillance, market abuse and conduct

New York, USA geckogovernance.com GECKO Governance is a new RegTech Blockchain solution to allow fund managers to monitor & manage their regulation and compliance requirements

CSS

New York, USA compliancesolutionsstrategies.com Technology-enabled regulatory solutions that serve compliance professionals across the financial services industry.

Find more solutions on GrowthEnabler Pii...

C. Focus on Regulatory Compliance

www.growthenabler.com

23


Focus on Regulatory Compliance A. Driving Client Engagement

1.

SUB-SEGMENTS OF BUSINESS PRIORITY

SOLUTIONS TO CONSIDER

3.

STARTUPS TO EVALUATE

How do I gain better results in managing risks

Behavox How do I stay compliant

B. Digitising Trade Operations

2.

Financial/regulatory reporting

Employee surveillance, market abuse and conduct

New York, USA behavox.com Holistic employee surveillance system

Whistler

Boulder, USA getwhistler.io Employee conduct monitoring platform that leverages AI based risk scoring.

Panalytics Comply Irvine, USA panalyticsco.com Risk & Compliance Analytics for Regulatory Surveillance.

C. Focus on Regulatory Compliance

Find more solutions on GrowthEnabler Pii... www.growthenabler.com

24


Sector: Financial Services • Sub sector: Capital Markets • Business Priority: i. Driving Client Engagement ii. Digitising Trade Operations iii. Focus on Regulatory Compliance

Recommendations

Digital transformation in Capital Markets i.

Leverage RPA tools to automate manual processes that exist within trade settlement, Collateral management and other post trade operations to drive efficiency in internal operations.

ii.

Collaborate with RegTech startups that automate routine compliance obligations, enhance efficiencies and help reduce the cost of regulatory processes.

iii.

Develop solutions that utilize technologies like advanced analytics and AI that mine structured and unstructured data to make predictions at the point of trade.

iv. v.

Leverage Cloud based formal verification platforms that allow financial engineers to automatically reason complex trading algorithms before deploying them in actual production systems. Blockchain has clear potential to be game changers further down the line. So, companies should actively engage in proofs of concept projects of Blockchain to determine the use cases that are most viable, although it will take a few more years to fully come to fruition.

Š2018 / All rights reserved

25


Find out more about GrowthEnabler Research Methodology

Š2018 / All rights reserved


GrowthEnabler Research Methodology Proprietary Research INTRODUCTION GrowthEnabler uses its proprietary research methodologies to analyse the business impact of disruptive technologies and digital innovations on the future growth of large corporations and their industries. GrowthEnabler applies its deep-data analysis tools, scoring logic and algorithms to create intelligence that enables senior executives to make informed business growth decisions. The GrowthEnabler Personalised Intelligence Interface (Pii) is an interactive platform that provides corporates the ability to Find, Select, Connect and Manage global Startups based on their business priorities and problems.

1. MARKET ANALYSIS To create and report leading technology-related market trends and industry analysis with a focus on industry sub-sectors, real-life implementations, industry and market landscapes and competitor dynamics, GrowthEnabler analyses large sets of data and information aggregated from various private and public sources, including online databases, market reports, online surveys, journals, and in-depth phone interviews. To further enrich the efficacy of analysis, GrowthEnabler undertakes formal and informal interviews and RFI’s and surveys with key decision makers and executives in corporates, as well as founders and owners of Startups. Following this exercise, large volumes of data is categorised and curated, based on, industry and market drivers, risks, opportunities and challenges specific to an industry vertical or technology area, and then injected into a pre-configured regression model to forecast and predict market movements and trends.

2. STARTUP TECHNOLOGY LANDSCAPE & ANALYSIS The Startup eco-system is built using an exhaustive primary and secondary research analysis model, led by dedicated team of tech analysts and subject matter experts (SMEs), who also use Machine Learning and Natural Language Processing (NLP) technologies for data mining and curation. Primary Research – The Primary research data is sourced directly from GrowthEnabler Market Surveys, RFI’s with Startups, One-on-One Interviews, Calls and Product briefings, including Startup and Client Registration Information available on the GrowthEnabler Pii platform. Secondary Research – A team of Machine Learning and NLP experts scan thousands of private and public data sources using data scraping and crawling methods to extract relevant secondary data, which is then validated and verified using GrowthEnabler automated data-cleansing methods,industry and technology segmentation taxonomies and mapping protocols and core intelligence from pre-populated Startup profiles and reviews. Analyst Validation – A team of Analysts and Subject Matter Experts validate both the primary and secondary data while using internal peer reviews to substantiate core assumptions and data points, and external discussions with senior decision makers to assess business relevancy, timing and need.

The major sources of Secondary research are: i. Global Startup websites ii. Data aggregators iii. VC and Investor portfolios iv. News Feeds v. Industry reports vi. Regional Company registration websites vii. Social Sources (Social Sites, Blogs, Articles, Media sites) A total of 57 data-points and parameters are applied in analysing and predicting the growth potential and health of a Startup, including: i. Company information ii. Leadership Team iii. Business Model iv. Financial Strength/Funding/acquisition data v. Product Innovation - patent data and core features and functions analysis vi. Customer value & sentiments vii. Social Media and Branding coverage viii. Business Traction and progress Out of the total 57, 30 parameters are classified under 5 broad categories used to calculate the GE Pii Score. i. Product & Innovation ii. Leadership Team iii. Market Traction iv. Financial Strength v. Social media and Branding

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27


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