India’s NSE announces API sandbox for fintechs around the world
The National Stock Exchange (NSE) of India has announced its open trading API sandbox which welcomes fintechs to sign up and build their own technology on the platform.
Launched at Singapore Fintech Festival 2019 this week, NSE’s platform will allow fintech start-ups to build trading, portfolio management and analytics applications “with ease”.
The announcement of the sandbox opens up Indian capital markets to fintechs across the globe.
“NSE invites Indian and global fintechs to work on disruptive innovations to transform the Indian capital markets to [a] five trillion dollar economy,” says NSE’s CTO and COO Shiv Kumar Bhasin in a LinkedIn post.
The CTO says fintechs will be working on advanced data analytics to build data services on the cloud, and that those who want to enter the sandbox need to have experience in robotic process automation (RPA), blockchain and customer experience-oriented approaches.