Cutover Has Graduated from the Fintech Innovation Lab NY!

Share this post:
Financial services /
5 must-haves to improve your bank’s release...
Financial services /
Cutover secures milestone $35m Series B round

Related content:

Fintech, Innovation, and COVID - 5 insights from the...
Building Resilience in Transformation and Change is...
3 Risks Investment Banks Face on IPO Day
How Automating Regulatory Reporting Can Increase Human...
Why Do You Need to Improve Your Enterprise Change...
What is Enterprise Change?
Why You Need to Rethink the Way You View Resilience
A positive roundup for 2020: our top ten reads
Cutover named one of the UK’s fastest growing technology...
Notice anything different about us?
Cutover secures investment from Barclays in $17m Series A...
How to get Cutover on the AWS Marketplace
Cutover Highlighted by Partnership Fund for NYC CEO Maria...
Cutover's 2019 in Review and What to Expect in 2020

Chloe Lovatt

July 5, 2018

FINTECH_CUTOVER_6_1

In 2018 Cutover graduated from the Fintech Innovation Lab New York, an accelerator program run by the Partnership Fund for New York City and Accenture with 43 mentor banks and insurance companies.

Over the course of three months, the Lab enabled us to speak directly with CIOs and other senior executives about what Cutover has to offer and validate the need for better enterprise visibility, communication, collaboration and data in Financial Services and Insurance. We were also able to participate in a number of industry panels and workshops and received mentoring from the Lab’s entrepreneurs in residence.

The value of our enterprise platform resonated with the global CIOs of some of the largest financial services organizations in the US. The Cutover Platform is already used in major financial institutions for human orchestration in critical events, but our discussions during the lab furthered our understanding of what high-level executives can gain from using the platform.

One of our core beliefs is that, although automation and AI will play a huge role in changing the face of work over the coming years, humans will always be vital to making big, complex changes. Cutover enables appropriate automation in regulated industries, for example improving audit trails by providing people with the data they need that they would previously have had to hunt for. Many of the conversations we had on the accelerator confirmed that there is a need for better tooling to increase automation and support the vital work that will always need to be done by people.

We came out of the lab with some great relationships and opportunities to grow in the US. We had Proof of Value (PoV) exercises with three large Financial Services organizations and also concluded a number of successful PoVs in another major US bank. During a PoV, we allow a potential client to run a small but real event on Cutover to test drive the product before they buy.

The three months we spend on the program were a very rewarding period on our journey. With the stellar feedback we got on our product and the exciting product roadmap components we continue to work on, we are very excited for what the future of Cutover  will bring.

 

Share this post:
White paper /
Hedge less, lend more - Improve your 2021 reg rating
Company announcements /
Cutover secures milestone $35m Series B round
Cutover partners /
Mental health, mindfulness, and my AWS exam experience