In its pilot stage, the Digital Sandbox welcomed 28 organisations that helped to solve challenges exacerbated by the pandemic. We published an evaluation report setting out the findings of the pilot, including how it accelerated the development of innovative products and solutions within financial services, as well as key lessons learned from the pilot phase.
Building on the pilot's success, the FCA and The City of London Corporation are running a second phase of the Digital Sandbox to support the testing and development of new products and services that will aid the transition to a net zero economy. This phase includes a Sustainability Cohort, focussed on challenges with ESG data and disclosures.
12 organisations have been selected to participate in this Cohort and will work in the Sandbox from November 2021 to March 2022.
Participants have access to:
Access financial data sets to develop, test and train models and PoCs.
Collaborate with a network of innovators, regulators, financial services firms and investors.
Access, connect and test with a catalogue of existing FinTech and RegTech APIs.
Access to an Integrated Development Environment for code development and data analytics.
A platform to demonstrate the solution you have developed to the financial services community.
Check out the features page for a breakdown of the available features, including a technical overview of the synthetic data assets.
Building on our lessons learned from the pilot, we are running a second phase of the initiative focussed on providing support to innovators looking to develop and validate solutions in the area of ESG data and disclosure. 12 organisations will explore solutions to address the following use cases:
The cohort will support teams looking to address these use cases. More details can be found by registering to our platform and exploring the event.
Complete the registration form and verify your email to create an account.
Once you have created an account you will able to access the application system, view the eligibility criteria and submit an application.
Questions? Read our FAQs here
Read the FCA press release here
We can be contacted at digital.sandbox@fca.org.uk