Dassault Systèmes has launched its third annual startup accelerator programme, which will follow a regulatory impact theme this year.

The 2015 3D FinTech Challenge (so-called because French firm Dassault Systèmes specialises in 3D software), will focus on addressing the impact of increased regulatory oversight across the FS industry.

The seven-week programme will identify and nurture high performance startups that are building new data management technologies or leveraging disruptive technologies, such as blockchain, to improve the competitive advantage of financial institutions.

Applications are now open for the programme, which will run from 16 September to 3 November at Level39 in London. Six finalists will receive masterclasses, commercial mentoring and technical support. A ‘finals day’ will judge a winner out of this year’s intake, who will receive further support to accelerate its development.

“Since the 2008 global financial crisis, the financial services industry has witnessed significant customer dissatisfaction due to regulatory burdens and complexities, and this is forcing the industry to adapt and evolve,” said Guillaume Dufour, vice president, financial and business services industry, Dassault Systèmes.

“Dassault Systèmes has 30 years of technology know-how and experience in helping companies in regulated industries embrace disruptive innovation and change. The 3D FinTech Challenge enables us to collaborate with the financial industry, share our heritage and drive customer centric innovations that help institutions thrive in the face of industry transformation.”

This year Dassault Systèmes is hosting the programme in partnership with security data specialists Deutsche Börse, while Invest Northern Ireland returns as a sponsor.

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