On 13-14 November 2014, Deloitte Digital is staging a capital markets hackathon, a challenge during which participants will work on disruptive and transformative digital ideas that will help investment banks and other financial companies address challenges in the investment banking sector.
Deloitte Digital is organising a digital challenge focussed on the capital markets industry for a wide array of participants, including students, consulting firms, tech start-ups, capital markets companies, investment banks, and finance advisors. The hackathon aims at creating ideas and solutions to address challenges in the investment banking sector. “The banking industry is changing rapidly and significantly and the way in which people bank, invest and borrow in five years, or even 18 months, time will be very different from today. Companies operating in this sector therefore need to have a vision suited to respond to this new world. Over the last 24 months we have seen some amazing digital innovation within financial services and increasing demand for digital approaches and solutions is coming from the capital markets industry. Our first hackathon focused at investment banks and other financial services companies will aim to find solutions that could transform their businesses,” says Simon Tasker, Capital Markets Partner at Deloitte UK.
The challenge will be held on 13 and 14 November at Deloitte Digital’s Clerkenwell studio in London. During the two days, participants will work on their digital idea to disrupt and transform the capital markets industry, and will present their work to a judging panel of industry leaders and experts.
Prizes to be won are a £3,000 and £1,000 cash price, for the best and second best ideas, as well as a “Partner innovation award”, which may result in a partnership between the winner and Deloitte to further develop the idea. Students with impressive entries will receive the opportunity to be recommended to enter the BrightStart training programme, a programme that helps talented students to develop a successful business career.