META Finance is designed to help financial institutions and software providers face the challenges brought by fintech and regulations, such as General Data Protection Regulation.
The new platform provides community forums and technology, such as dashboards and diagnostic tools, across the areas of personal data for growth, digital innovation labs and running proofs of concept.
It also helps clients to improve their customer experiences whilst updating their operational infrastructure.
META Finance has been formed by a group of finance industry veterans, led by ex-HSBC banker Ben Leonard, Shaul David, financial technology lead at the UK Department of International Trade and Paul Carse, who was head of IT at the Racing Post.
Vaughan Jenkins, a former partner in management consultancy firms and who currently sits on the UK FinCap Advisory Board, is also working with the team in an associate role.
Ben Leonard, founder and CEO of META, said: “Our blend of advisory, technology and coaching, which includes connecting financial services firms with fintech innovators and working with a series of market leading partners, differentiates META Finance from the mainstream consulting market and is central to our proposition to help firms help themselves.”
Michelle Cracknell, CEO at The Pensions Advisory Service, commented: “Helping people manage their money is a win-win-win for government, industry and individuals and it is a growing need.”
She added: “The ability to think of effective and efficient solutions needs breadth of thinking combining man and machine to create the emotional drive with the advantages that technology can offer through collection and management of data.”