Finovate Demo
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Presenter Profile:

How they describe themselves: Five Degrees is a digital banking technology provider with offices in the Netherlands, Iceland, Luxembourg and Serbia. Matrix, our core digital banking platform, empowers financial institutions to enter the era of modern digital banking. Matrix connects channels, customers, products, services and the fintech ecosystem. Matrix is designed to provide a fully automated banking services platform. Our client and partner base encompasses retail banks, asset managers, online savings banks and greenfield operations in the financial services industry.

Five Degrees is a three-time consecutive member of the FinTech50 and a Dutch FinTech Awards winner in the Banking IT category.

How they describe their product/innovation: We will demo how to automate on boarding for SME’s with multiple directors, including personal identification, KYC and Dunn & Bradstreet credit checks. We will show how we connect to the SMEs accounting system to do risk monitoring for the bank and predict cash shortages for either risk mitigation or proactively propose an additional credit facility to the client. We will show how easy it is to add another country to an existing lending operation. We will set up a new lending product in the back office (with local tax and fee schemes), add a local KYC/CDD provider to the process flow and use our form template editor to change form fields that are used in the customer interface. We can do this without any coding!

Product distribution strategy: Direct to Business (B2B), through other fintech companies & platforms

Contact

Bus. Dev.: Peter-Jan van de Venn, Chief Commercial Officer, peter-jan@fivedegrees.nl
Press: John Carella, Senior Manager Global Marketing, john@fivedegrees.nl
Sales: Keith Morrison, Sales Manager, keith@fivedegrees.nl & Santosh Radhakrishnan, Sales Manager, santosh@fivedegrees.nl