It will now go on to present its solution at the latter’s FinTech Conference in September.
Cygnetise is a decentralised platform built on the blockchain that aims to make the process of managing authorised signatory lists efficient and secure. Currently used in 10 jurisdictions, clients include Aviva, Canaccord Genuity Wealth Management, Ogier, Collas Crill Trust and R&H Fund Services.
The other three winners are global regulatory intelligence platform Enforcd, Neotas, a due-diligence company focusing on people risk and Envizage, which was set up to help people understand and manage risk and uncertainty.
“Chosen from dozens of highly competitive entrants, our winners display all the attributes required to succeed in todays’ business environment – forward thinking, exciting presentations describing solutions which are both innovative and helpful to the industry,” says PIMFA.
“These four winners will now have the opportunity to make a ten-minute, educationally-slanted presentation of their product, followed by a five-minute Q&A session, in front of some of the most influential executives in this sector of the industry drawn from the PIMFA members’ organisations.”