Senior Solution, leader in software development for the financial sector in Brazil, has just launched Torq, the first and only independent innovation initiative for this market. The new company, which has the support of giants like Amazon Web Services (AWS) and Google Cloud, will be a collaborative platform dedicated to implementing innovative and disruptive solutions for companies that provide and use financial services. Its projects will be developed in collaboration with financial institutions, technology companies, fintechs and universities. “The initiative will offer complementary products and services to ours and will materialize the innovation projects of clients and financial institutions”, says the CEO of Senior Solution, Bernardo Gomes.
According to Fábio Gonsalez, CEO of Torq, the company's proposal is to connect corporations to generate business. “It is an initiative to implement the sector's innovation agendas. The intention is to make the digital transformation projects leave more and more of the strategic plan and reach the market, faster and with more consistency”, says Gonsalez. “At the same time, we will bring in fintechs to compose the solutions, with new business models, giving them faster access to companies with the potential to leverage their solutions”, he adds.
The company is able to develop projects in their entirety - from understanding the problem to production - through business model designs, rapid prototyping, UX design, interface development and "back office", that is, from the analysis of feasibility until MVP. “We are looking for complementary capabilities in cutting-edge technology from our partners such as AWS and Google Cloud,” highlights Gonsalez. Providing knowledge about cutting-edge technology is relevant for partners, as it allows companies in the financial sector not only to have access to information, but also to experience their solutions.
Torq has its own space equipped for innovation. In addition to the projects that will be developed together with its partners, the company will carry out research, training and events relevant to the market. “It is important to emphasize that Torq is not an accelerator or co-working. Its integral focus is on carrying out projects”, reinforces Gonsalez.
Comprised of laboratories, API curation and gateway, project and community capability, Torq is ready to empower people, connect companies with the fintech and startup ecosystem, make rapid prototypes and develop cutting-edge solutions.
The CEO of Senior Solution emphasizes that the creation of Torq does not interfere with the Company's current business, which is focused on solutions for the back office of financial institutions. He notes that the decision to create a new company does not change Senior Solution's acquisition strategy. "On the contrary. We created Torq because there was no similar company in the market”, highlights Gomes.
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