With the announcement of 'we build time machines', the veil was lifted on innovative new start-up 'Simulocity' today.
Headquartered in London, Simulocity has developed a future modelling platform to simulate highly complex real-world business situations, enabling corporates and financial institutions to rapidly improve the quality of their business decisions.
Simulocity real-world simulation tools let clients better understand future market scenarios and complexities to reduce costs, ensure compliance and better deploy resources and capital. The sophisticated modelling platforms with 'what-if' planning and predictive analytics provide users with the ability to test, compare and modify business practises in a low risk environment with no compromise to existing systems.
The company indicates their first product, Liquidity Insight, will be launched in Helsinki on 10 June at the European Bankers Association conference. Through improving liquidity management processes, such as forecasting, reconciliation and collateral management, Liquidity Insight provides Banks with regulatory assurance, cost efficiencies and new intelligence on the impact their customers have on daily payment flows.
'What if you could see into the future? Would tomorrow's hindsight be beneficial today?' asks Nicole Anderson, Simulocity CEO. 'Through gameplaying future scenarios, our time machine platform allows users to reduce risk, illuminate opportunity and remove fear.'
The executive team behind Simulocity is comprised of seasoned business leaders with strong banking and financial technology heritage. Nicole Anderson boasts a strong business pedigree with executive positions at Sage, Nokia, SAP, JDA Software and Cisco. She is joined at Simulocity by Gary Wright, former director of Corporate Payment Services Strategy with extensive cash and product management expertise at the Royal Bank of Scotland, and Philip Walsh, former CEO of financial technology pioneer SimplexGTP.