Exploring the adoption of Fintech solutions in Financial Services

With the ever growing number of fintech and regtech solutions available in the market, many financial institutions have stated that they find it challenging to select the right solutions for their business challenges.

Do you have a similar experience?

This short survey (5 mins max!) is designed to explore your experience:

Navigating the fintech and regtech solutions marketplace
Identifying the right solutions to meet your business needs
Adopting fintech solutions within your organisation.

Thank you in advance for your input. We will be sharing the results with you soon!

12 questions total, 5 minutes to complete.

Question Title

* 1. Is your organisation currently using fintech solutions in any of these areas?

Financial crime compliance, sanctions

Regulatory compliance / change / reporting

Client onboarding / client lifecycle management

Data and analytics

Environmental, social and governance (ESG)

Cybersecurity / data security

Compliance monitoring

Other (please specify)

None of the above

Question Title

* 2. What is the biggest driver for leveraging these fintech solutions? Please select one:

Decrease cost

Increase efficiencies

Enhance customer experience

Reduce risk

Deliver new capabilities quicker

Meet regulator / audit requirement

Develop new customer offerings

Other (please specify)

Question Title

* 3. Is there a single source of information you use to find out about fintech solutions?

Yes

Question Title

* 4. In your experience, what is the main way that Fintech solutions are normally identified by your organisation?

RFI / RFP processes

Events/showcases/expos

Word of mouth, personal recommendations or referrals

Industry publications

Google searches

External consultants

Online directories

Direct vendor approaches (I.e. sales-led)

Other (please specify)

Question Title

* 5. How easy do you think it is to identify the right fintech solution for your business challenge?

Very easy

Easy

Neither easy or difficult

Difficult

Very difficult

Very easy

Easy

Neither easy or difficult

Difficult

Very difficult

Question Title

* 6. What are the top 3 influencing factors when selecting a Fintech provider? Please select 3.

Proven use cases/track record

Ability to meet business requirements

Size and scale of vendor

Modern technology stack

Collaborative approach

Clear value propositions

Competitor comparisons

Cost / commercials

Testimonials from industry players

Support with implementation

Question Title

* 7. To what extent do you think it is easy to understand the differences between fintech solutions available in the market?

Very easy

Easy

Neither easy or difficult

Difficult

Very difficult

Very easy

Easy

Neither easy or difficult

Difficult

Very difficult

Question Title

* 8. On average, how long does it take to search, select and contract with a fintech vendor?

Less than 3 months

3-6 months

6-12 months

1-2 years

Don’t know

Question Title

* 9. What are the top 3 challenges involved with bringing in new fintech solutions? Please select 3.

Identifying the right vendors

Building a compelling business case

Lack of differentiation within the market

Competition with internally developed solutions

Perceived risk/security issues

Lack of budget

Other (please specify)

Question Title

* 10. How many different fintech vendors did you see demos from in the last 12 months?

None

1-2

3-5

Question Title

* 11. Is your organisation actively looking to adopt one or more fintech solutions within the next 12 months?

Yes

Potentially

Not sure

Question Title

* 12. If you'd like a copy of the results, please share your details below.

Name

Company

Email Address