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Level39 and Dassault Systèmes announce strategic partnership and ‘The 3D FinTech Challenge’.

Friday 19 July 2013 – Media Release.

Level39 and Dassault Systèmes announce strategic partnership and ‘The 3D FinTech Challenge’.

Level39 at Canary Wharf, Europe’s largest accelerator space for finance, retail and future city technologies, is pleased to welcome Dassault Systèmes, one of Europe’s leading software firms, as a strategic partner. In the first phase of this relationship, Dassault Systèmes will sponsor The 3D FinTech Challenge 2013 accelerator programme.

The 3D FinTech Challenge is the next fintech accelerator programme to be held at Level39 and will focus on the visualisation of client data within the financial services sector. The 3D FinTech Challenge will offer up to seven high-potential technology start-ups incubation space at Level39, mentoring from financial institutions and investors and multiple prizes. These prizes include cash and resource to develop innovative prototypes. The programme is set for launch in Q3 2013.

Financial organisations have a multitude of systems and applications for different aspects of client data, including capital exposure, risk and identity. The 3D FinTech Challenge will identify innovative solutions which enable true ‘single views’ of client data from all perspectives. This will allow businesses to gain better insight into making identity, risk and exposure decisions.


On this new partnership, Eric van der Kleij, Head of Level39 at Canary Wharf Group said, ”We are delighted that international companies of the calibre of Dassault Systèmes recognise that London and Level39 is the place to develop their growth strategies. The 3D perspective and innovation that their acceleration programme will foster brings a powerful and fresh approach to financial services and big data.”

On this new partnership, Bernard Charles, CEO Dassault Systèmes said, “Dassault Systèmes, The 3DEXPERIENCE Company, is proud to be a partner with Level39 to bring our innovation culture to the heart of one of the world’s most dynamic financial services centres. For more than thirty years, Dassault Systèmes has been a preferred partner in opening up new frontiers in innovation to create the future and transform many highly regulated, complex industries. We are looking forward to bringing this business expertise, passion and perspective to the acceleration programme.”

Dassault Systèmes has an enviable track record in innovation, which has resulted in tremendous growth in 12 different industries and over 100 countries. Dassault regularly participate and contribute to conferences, workshops and other showcase events that take place at Level39. They are also in a unique position to nurture, support and accelerate the entrepreneurs from the accelerator programme and those currently in residence at Level39, making commercialisation opportunities available via their enviable global client base.

Level39 is a technology accelerator space that occupies the entire thirty-ninth floor of the iconic One Canada Square building. Canary Wharf Group plc established Level39 in March 2013. The growing businesses based at Level39 benefit from unrivalled access to office, event and social facilities which help them to deliver world-class financial technology products and services. Introductions to potential new customers, partners, mentors, talent and investors are also facilitated, and Canary Wharf’s cultural, retail and social amenities are immediately available. Level39 aims to fuse London’s finance and tech sectors and has rapidly become a lynchpin of London’s burgeoning Tech Crescent that stretches from Old Street to Greenwich via Stratford, and

NOTES TO EDITORS:

1. About Level39

Established by Canary Wharf Group plc, at 29,000 square feet, Level39 is Europe’s largest accelerator space for businesses innovating in financial, retail and future city technologies. It helps growing businesses to deliver world-class financial technology products and services through unrivalled access to office, event and social facilities, new customers, partners, talent, investment, ideas and social and cultural amenities provided by Canary Wharf.

Level39’s layout has been designed in ‘tech industry’ style by architects Gensler, who have worked on some of the world’s most exciting workspaces including offices for Facebook and Google. Since beginning fit-out in October the space has been transformed to include:

• An exclusive set of ‘sandboxes’ – think spaces which will enable accelerator programmes, software engineers and builders of financial services platforms to refine, test and showcase transformative technologies in a safe, ring-fenced environment
• A growth-phase zone for businesses experiencing rapid expansion, making it easier to meet potential clients and partners, investors, mentors and other entrepreneurs. This includes an open plan kitchen with an iPad-powered coffee machine
• Drop in space, hot and fixed desks available for hire
• A new 200 seat event space to host regular industry events and demonstration days, with some of London’s best views
• A modern reception area visually reflecting the technological innovation taking place at Canary Wharf and further afield, leading to a future ‘Technology Tunnel’ designed to showcase new IT products and services in an interactive way
• An express elevator with Level39 as the first stop
• The Level39 Business Club Lounge, which will host a membership-style club attracting leading industry figures and investors
• Semi-open and open-plan office areas to service the needs of early-stage and growth phase businesses

Prices for use of Level39 are subsidised by Canary Wharf Group and set at achievable levels for small companies. For more information visit:

www.level39.co/
Twitter: @Level39CW https://twitter.com/level39CW
Facebook: https://www.facebook.com/level39CanaryWharf
Linkedin: http://www.linkedin.com/company/Level39


2. The Canary Wharf TMT community

Canary Wharf’s TMT sector occupiers range from innovative financial technology companies and IT consultancy businesses, to advertising and media groups and business information providers.

TMT companies at Canary Wharf include:
Citihub Sungard
Infosys Trinity Mirror
3i Infotech Interquest
Ricoh UK The Economist Group
Thomson Reuters McGraw-Hill
Ogilvy & Mather Oracle Financial Services Instinet

Business IT company Infosys has recently opened its Experience Centre at its Canary Wharf offices at 10 Upper Bank Street. The Experience Centre is a showcase for new software for Infosys’ clients and prospective clients.

Canary Wharf tenants like Citihub, Instinet and Ricoh are providers of high-frequency and event-driven trading platforms which are driving innovation in the financial services sector.

Canary Wharf is home to various members of the WIRED 100 (Wired magazine’s list of digital power brokers) over the past few years. Jane Moran, Chief Information Officer of Canary Wharf-based Thomson Reuters, was recently named one of the 10 most powerful women in the tech sector.

Canary Wharf Group recently launched Wired Wharf, a social network for the technology, media and telecoms community in Canary Wharf and beyond

Twitter: https://twitter.com/#!/WiredWharf
LinkedIn — Wired Wharf: http://www.linkedin.com/profile/view?id=190607602&trk=tab_pro
LinkedIn — Wired Wharf Community: http://linkd.in/Mb5dzS

3. About Canary Wharf Group plc

Canary Wharf Group plc is an integrated property development, investment and management group of companies. Canary Wharf has a working population of nearly 100,000 people in a diverse range of sectors for some of the world’s leading companies. It has paved the way for the regeneration of London’s Docklands and one in five Canary Wharf workers now lives in a local East London borough. It has helped London and the City consolidate its position at the centre of the business world.

The Group has plans in place to continue to develop Canary Wharf in the coming years. This will be in parallel with other central London developments such as the Shell Centre on the South Bank (in a joint venture with Qatari Diar) and 20 Fenchurch Street in the City of London (in a joint venture with Land Securities). The Group is currently constructing the Canary Wharf Crossrail Station ahead of schedule and on budget, which received the Crossrail tunnel boring machines in 2013. It is also building a new headquarters for the European Medicines Agency at 25/30 Churchill Place.

www.canarywharf.com Twitter: @yourcanarywharf