The Financial Conduct Authority (FCA) and the City of London Corporation have launched the Digital Sandbox Pilot scheme.
In Brief:
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The pilot will provide users with a suite of tools to collaborate, helping them develop Proofs of Concept.
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Solidatus will provide its modelling software as one of these tools.
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It enables users to view the structure of synthetic data, making it easy for them to find the information they need.
What does this mean?
The pilot programme will focus on helping financial services companies try to solve problems that have been highlighted by Covid-19, such as supporting vulnerable customers and SMEs. Solidatus hopes to facilitate knowledge sharing in order to make a real difference.