apidays Singapore 2025 - Building Finance Innovation Ecosystems by Umang Moondra (APIX)
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Building Finance Innovation Ecosystems Umang Moondra, CEO at APIX apidays Singapore 2025 Where APIs Meet AI: Building Tomorrow's Intelligent Ecosystems April 15 & 16, 2025 ------ Check out our conferences at https://www.apidays.global/ Do you want to sponsor or talk at one of our conferences? https://apidays.typeform.com/to/ILJeAaV8 Learn more on APIscene, the global media made by the community for the community: https://www.apiscene.io Explore the API ecosystem with the API Landscape: https://apilandscape.apiscene.io/
apidays Singapore 2025 - Building Finance Innovation Ecosystems by Umang Moondra (APIX)
- 1. Building Finance Innovation Ecosystems Connected Fintech 1.50pm | 16 April 2025 How Innovation Platforms are Transforming Collaboration
- 2. The Innovation Gap • Innovation prioritized, need for collaboration understood, billions spent • Yet innovation is challenged • Technical Challenges • Process Challenges • Economic Challenges
- 3. APIs – The Illusion of Plug & Play Innovation • 200+ Million APIs exist today • But real transformation is still slow and lacks scale • To drive meaningful change, we need more than APIs • True innovation requires not just endpoints, but ecosystems
- 4. • Vast pool of solution providers • Evaluate and test multiple offerings • Rapid prototyping and POCs • Rapid test and fail, test and succeed cycles "End-to-end innovation lifecycle" What Do Innovation Ecosystems Enable?
- 5. What Happens When You Own The Ecosystem? • Continuous innovation – culture and ability • Accelerated innovation • Compressed search, discovery, validation and testing cycles • Faster Go-to-market, stronger value propositions • Innovation Leader position
- 6. Benefits To Stakeholders Regulators: • Observe innovation trends in real-time • Safer experimentation in controlled environments • Craft technical and security standards • Accelerated and comprehensive policy making FinTechs: • Direct collaboration with FIs • Easier market access and visibility • Faster onboarding and validation cycles
- 7. Why Now? • Rising customer, regulatory & cost pressures • AI, DLT, Tokenisation reshaping industries • 18-month cycles too slow for modern tech evolution • Traditional procurement process lacks agility for modern era • Speed the new currency, de-risk by testing & failing fast • Execution speed defines winners • Collaboration unlocks stronger value propositions
- 8. It Already Exists Today - SBI InnoHub • Mutual discovery • Build & test prototypes • Solve real-world business challenges • Onboard as an SBI partner
- 9. Build & Own Your Innovation Ecosystem with APIX's White Label • Fintech Marketplace • Hackathon Management Suite • Digital Sandboxes, on demand • API Exchange & Analytics • Your branding • Your governance standards • Your process flows
- 10. Let's Co-Create The Future of Innovation Together www.apixplatform.com