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Finbourne: Joins AFM innovation hub

Finbourne: Joins AFM innovation hub

  • Finbourne was founded in December 2016 with a mission to reduce the cost of investing and increase transparency for everyone
  • Joined the Dutch Authority for the Financial Markets’ (AFM) regulatory sandbox, to drive the creation of a CTP
  • Consultation papers have presented conflicting views on both the scope and timing of a Consolidated Tape (CT)
  • Aims to create clarity on these issues joining AFM’s Innovation Hub, among others
  • The AFM supports current initiatives for the development of proof-of-concepts CT’s through its regulatory sandbox
  • The SaaS technology provider has broken down over six months of transactions data
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