JKX Innovate

Challenges
How might we re-imagine the way customers discover and obtain relevant life and health insurance products?

Problem Owner

  • Union Assurance PLC

Context / Background / Problem Statement

  • Union Assurance PLC (a John Keells Group company) is one of the leading Life Insurance solutions and Bancassurance providers in Sri Lanka, providing comprehensive Health and Life Insurance solutions since 1987.
  • Recent consumer survey found digital access in insurance has increased almost 30 percent since the pandemic began. Client demand for self-service in the current environment has only accelerated the importance of digital. In this light, positioning the right products on the right digital channel is of utmost importance. Traditionally a 'push product', the overall friction in the marketing and sales process is hard to ignore.
  • We want to re-imagine how life and health insurance is obtained through our ClickLife Direct to Consumer (D2C) channel by developing new customer journeys and designing new digital distribution methods.

Pilot Requirements

  • We are looking for partners to:
    1. Develop and demonstrate new customer journeys
    2. Disrupt, enhance or complement existing digital distribution methods via our ClickLife direct to consumer platform.
  • Marketing concepts and product ideas that complement above solutions will add further value.

Other details

  • Developer APIs and sandbox available for selected startups. Data privacy in above solutions must be considered.
How might we make quality data available at the right time to make better, more efficient insurance policy underwriting decisions?

Problem Owner

  • Union Assurance PLC

Context / Background / Problem Statement

  • Union Assurance PLC (a John Keells Group company) is one of the leading Life Insurance solutions and Bancassurance providers in Sri Lanka, providing comprehensive Health and Life Insurance solutions since 1987.
  • Currently, risk scoring/underwriting processes require significant manual intervention whilst having to collecting data from multiple, disconnected data sources. There is also a concern on the 'non real time' nature of data obtained.
  • However real-time risk scoring and AI will enable underwriting teams to identify risk in a much more granular and sophisticated way enabling smarter instant issuance products and reducing 20%-30% of the cost of underwriting. Further, with increasing amounts of connected devices, the new data generated will allow to understand clients more deeply, resulting in new insurance product categories, more personalized pricing, and increasingly real-time service delivery. We want to develop methods for capturing new streams of data and dynamic rules/ advanced analytics models which will become the core of our integrated digital operating model.

Pilot Requirements

  • We are looking for partners to:
    1. Develop and demonstrate solutions for capturing data inputs ranging from biometrics, diagnosed disease and treatments, family history and modifiable lifestyle behaviours (also available through Clicklife app such as steps, workout intensity, physical activity, calorie intake)
    2. Develop and demonstrate solutions for capturing data from 'non-traditional' sources to enahnce risk scoring/underwriting processes.
    3. Develop dynamic rules / advanced analytics models for smarter instant issuance products and/or improve current straight through processing rates.

Other details

  • Developer APIs and sandbox available for selected startups.
How might we leverage technology to increase warehouse efficiencies, controls and reduce costs?

Problem Owner

  • Keells

Context / Background / Problem Statement

  • Keells is a grocery chain with over 125 outlets island-wide with the core purpose of improving the quality of life for the nation and focus on providing for life's regular needs with a world class retail experience.
  • With an aggressive outlet expansion plan, enhancing order fulfilment capabilities and driving centralized warehouse efficiencies are key strategic priorities.There is a lack of digital processes that monitor warehouse employee productivity and recommends actionable insights based on the data obtained. As a result, this could lead to reduction of pick rates, increased pick errors, theft, health and safety hazards and overall increase in order lead times.

Pilot Requirements

  • We are looking for digital solutions that will:
    1. Empower management to drive warehouse efficiencies
    2. Track Employee movements and attendance
    3. Generate Employee heat maps and warehouse headcounts
    4. Detect and generate alerts on potential theft and hazardous events
    5. Track and monitor movements of external staff and generate alerts on control breaches

Other details

  • The solutions should be able to track relevant KPI's and should be able to generate alerts on a real time basis. A pilot with access to the warehouse live environment will be provided to winning startups, with relevant access to internal systems and databases.

 

How might we re-imagine digital office experiences?

Problem Owner

  • John Keells Information Technology (JKIT)

Context / Background / Problem Statement

  • John Keells Information Technology (JKIT) has a vision of providing quality, world class end-to-end information and communications technology services.
  • With an aggressive outlet expansion plan, enhancing order fulfilment capabilities and driving centralized warehouse efficiencies are key strategic priorities.There is a lack of digital processes that monitor warehouse employee productivity and recommends actionable insights based on the data obtained. As a result, this could lead to reduction of pick rates, increased pick errors, theft, health and safety hazards and overall increase in order lead times.

Pilot Requirements

  • We are looking for partners to join us on this product journey to develop and demonstrate new product road map features that will add value and enhance the current "Smart Office" MVP developed by JKIT.
  • The already developed Smart Office MVP includes internal approval workflows, petty cash disbursements, Microsoft calendar integrations, notifications to improve employee productivity. It also focuses on providing a corporate application with integrations to SAP, SAP Success Factors and Microsoft Azure Active directory. Microsoft Power Automation is integrated for formulating workflows with minimum development effort and to provide more features to users.
  • We are looking for solutions that will focus on Employee collaboration, Employee Communications, Employee Leave Management, SharePoint Access, Online Time and Attendance, Car Pooling, Visitor Management, Employee Facility Management and External Integrations such as Help Desk, Smart Insurance and Medical Orders.

Other details

  • Power Automation will be considered for formulating workflows with minimum development effort and to provide more features to users.
How might we use technology to drive efficiencies and monetize standard legal processes and documents?

Problem Owner

  • John Keells Holdings Group Legal Department

Context / Background / Problem Statement

  • The Group Legal Department manages all JKH Group company’s legal work. In doing so the Legal Department has developed many specimen contract drafts, legal procedures and manuals, educational material etc. Given the volume of work that is managed by the Legal Department it is seeking to establish a more standardised form for contract drafting and execution for standard form contracts without the many companies having to contact the Legal Department directly, thereby saving the lawyer’s and company’s time.
  • At present each and every company contacts the Legal Department for each and every agreement. The company’s can use the standard drafts developed, however even for the most minor amendments they contact the legal department. This results in the lawyers having to waste time on such trivial matters. Further, companies are unable to maintain a repository of all relevant agreements, requiring the legal department to always forward the standard drafts to the companies.

Pilot Requirements

  • We are looking for solutions that will enable us to:
  1. Have the standard format agreements accessible to the relevant companies and allow them to download and customise those forms in maybe schedules and complete the agreements. They need to come to the legal department only if there are major deviations to the standard draft.
  2. Maintain a repository of the draft documents and track the following:
    • Person downloading the agreement
    • Company details, time and date
    • A system generated fill in the blanks
    • Notification to the Legal Department if any major deviations are done to the standard draft
  3. Monetize the formats developed. Once the standard formats have been made accessible, we may look at a business model where these templates could be licensed to 3rd party users at a fee. The 3rd party users would be able to key in their need and a draft template that is most suitable for their purpose can be provided at a cost / monthly subscription fee.

Other details

  • Additional Features such a "Book a half hour online consultation with a Lawyer" on demand will be an advantage.
How might we disseminate better, relevant data to our retail investors to enhance overall investor experience and enable better investment decisions?

Problem Owner

  • John Keells Stock Brokers (JKSB)

Context / Background / Problem Statement

  • John Keells Stock Brokers (JKSB) is a leading equity brokerage house in Sri Lanka and is a subsidiary of John Keells Holdings PLC (JKH). The company’s business activities span the areas of Equity Brokerage and Financial Advisory.
  • Even though the barriers to entry for stock trading have come down with online trading platforms, many retail investors are still not informed enough to make systematic decisions on their investments. Following market sentiment without doing diligence is very much akin to gambling, and some can be good at it — for a time.
  • We would like to expand our jksbonline.com platform to provide tailored dashboards and toolkits to help online investors model their portfolios and assess potential returns. The portal will provide information and infographics alongside a personalized portfolio analysis and stock recommendations based on investment preferences and advanced analytics. Portal will further integrate seamlessly with our trading platforms and disseminate right information at the right time via multiple channels which will assist us in differentiating our online trading product and onboard new customers.

Pilot Requirements

  • We are looking for solutions that will:
  1. Demonstrate methods for capturing company financial data, company analysis models, visual infographic depictions, stock screening with advanced search.
  2. Disseminate information via multiple channels SMS/Email/WhatsApp/push notification on our trading app , social media and jksbportal website/blog.
  3. Include in depth customer journey analytics to provide personalized service via advisors and onboarding new customers.

Other details

  • jksbonline.com developer APIs and sandbox available for selected startups.

01.

Title
  • How might we re-imagine the way customers discover and obtain relevant life and health insurance products?
Problem Owner
  • Union Assurance PLC
Context / Background / Problem Statement
  • Union Assurance PLC (a John Keells Group company) is one of the leading Life Insurance solutions and Bancassurance providers in Sri Lanka, providing comprehensive Health and Life Insurance solutions since 1987.
  • Recent consumer survey found digital access in insurance has increased almost 30 percent since the pandemic began. Client demand for self-service in the current environment has only accelerated the importance of digital. In this light, positioning the right products on the right digital channel is of utmost importance. Traditionally a 'push product', the overall friction in the marketing and sales process is hard to ignore.
  • We want to re-imagine how life and health insurance is obtained through our ClickLife Direct to Consumer (D2C) channel by developing new customer journeys and designing new digital distribution methods.
Pilot Requirements
  • We are looking for partners to:
    1. Develop and demonstrate new customer journeys
    2. Disrupt, enhance or complement existing digital distribution methods via our ClickLife direct to consumer platform.
  • Marketing concepts and product ideas that complement above solutions will add further value.
Other details
  • Developer APIs and sandbox available for selected startups. Data privacy in above solutions must be considered.

01.

Title

How might we re-imagine the way customers discover and obtain relevant life and health insurance products?

Problem Owner

Union Assurance PLC

Context / Background / Problem Statement

Union Assurance PLC (a John Keells Group company) is one of the leading Life Insurance solutions and Bancassurance providers in Sri Lanka, providing comprehensive Health and Life Insurance solutions since 1987.

Recent consumer survey found digital access in insurance has increased almost 30 percent since the pandemic began. Client demand for self-service in the current environment has only accelerated the importance of digital. In this light, positioning the right products on the right digital channel is of utmost importance. Traditionally a 'push product', the overall friction in the marketing and sales process is hard to ignore.

We want to re-imagine how life and health insurance is obtained through our ClickLife Direct to Consumer (D2C) channel by developing new customer journeys and designing new digital distribution methods.

Pilot Requirements

We are looking for partners to:
1) Develop and demonstrate new customer journeys
2) Disrupt, enhance or complement existing digital distribution methods via our ClickLife direct to consumer platform.

Marketing concepts and product ideas that complement above solutions will add further value.

Other details

Developer APIs and sandbox available for selected startups. Data privacy in above solutions must be considered.

02.

Title
  • How might we make quality data available at the right time to make better, more efficient insurance policy underwriting decisions?
Problem Owner
  • Union Assurance PLC
Context / Background / Problem Statement
  • Union Assurance PLC (a John Keells Group company) is one of the leading Life Insurance solutions and Bancassurance providers in Sri Lanka, providing comprehensive Health and Life Insurance solutions since 1987.
  • Currently, risk scoring/underwriting processes require significant manual intervention whilst having to collecting data from multiple, disconnected data sources. There is also a concern on the 'non real time' nature of data obtained.
  • However real-time risk scoring and AI will enable underwriting teams to identify risk in a much more granular and sophisticated way enabling smarter instant issuance products and reducing 20%-30% of the cost of underwriting. Further, with increasing amounts of connected devices, the new data generated will allow to understand clients more deeply, resulting in new insurance product categories, more personalized pricing, and increasingly real-time service delivery. We want to develop methods for capturing new streams of data and dynamic rules/ advanced analytics models which will become the core of our integrated digital operating model.
Pilot Requirements
  • We are looking for partners to:
    1. Develop and demonstrate solutions for capturing data inputs ranging from biometrics, diagnosed disease and treatments, family history and modifiable lifestyle behaviours (also available through Clicklife app such as steps, workout intensity, physical activity, calorie intake)
    2. Develop and demonstrate solutions for capturing data from 'non-traditional' sources to enhance risk scoring/underwriting processes.
    3. Develop dynamic rules / advanced analytics models for smarter instant issuance products and/or improve current straight through processing rates.
Other details
  • Developer APIs and sandbox available for selected startups.

02.

Title

How might we make quality data available at the right time to make better, more efficient insurance policy underwriting decisions?

Problem Owner

Union Assurance PLC

Context / Background / Problem Statement

Union Assurance PLC (a John Keells Group company) is one of the leading Life Insurance solutions and Bancassurance providers in Sri Lanka, providing comprehensive Health and Life Insurance solutions since 1987.

Currently, risk scoring/underwriting processes require significant manual intervention whilst having to collecting data from multiple, disconnected data sources. There is also a concern on the 'non real time' nature of data obtained.

However real-time risk scoring and AI will enable underwriting teams to identify risk in a much more granular and sophisticated way enabling smarter instant issuance products and reducing 20%-30% of the cost of underwriting. Further, with increasing amounts of connected devices, the new data generated will allow to understand clients more deeply, resulting in new insurance product categories, more personalized pricing, and increasingly real-time service delivery. We want to develop methods for capturing new streams of data and dynamic rules/ advanced analytics models which will become the core of our integrated digital operating model.

Pilot Requirements

We are looking for partners to:
1) Develop and demonstrate solutions for capturing data inputs ranging from biometrics, diagnosed disease and treatments, family history and modifiable lifestyle behaviours (also available through Clicklife app such as steps, workout intensity, physical activity, calorie intake)
2) Develop and demonstrate solutions for capturing data from 'non-traditional' sources to enahnce risk scoring/underwriting processes.
3) Develop dynamic rules / advanced analytics models for smarter instant issuance products and/or improve current straight through processing rates.

Other details

Developer APIs and sandbox available for selected startups.

03.

Title
  • How might we leverage technology to increase warehouse efficiencies, controls and reduce costs?
Problem Owner
  • Keells
Context / Background / Problem Statement
  • Keells is a grocery chain with over 125 outlets island-wide with the core purpose of improving the quality of life for the nation and focus on providing for life's regular needs with a world class retail experience.
  • With an aggressive outlet expansion plan, enhancing order fulfilment capabilities and driving centralized warehouse efficiencies are key strategic priorities.There is a lack of digital processes that monitor warehouse employee productivity and recommends actionable insights based on the data obtained. As a result, this could lead to reduction of pick rates, increased pick errors, theft, health and safety hazards and overall increase in order lead times.
Pilot Requirements
  • We are looking for digital solutions that will:
    1. Empower management to drive warehouse efficiencies
    2. Track Employee movements and attendance
    3. Generate Employee heat maps and warehouse headcounts
    4. Detect and generate alerts on potential theft and hazardous events
    5. Track and monitor movements of external staff and generate alerts on control breaches
Other details
  • The solutions should be able to track relevant KPI's and should be able to generate alerts on a real time basis. A pilot with access to the warehouse live environment will be provided to winning startups, with relevant access to internal systems and databases.

03.

Title

How might we leverage technology to increase warehouse efficiencies, controls and reduce costs?

Problem Owner

Keells

Context / Background / Problem Statement

Keells is a grocery chain with over 125 outlets island-wide with the core purpose of improving the quality of life for the nation and focus on providing for life's regular needs with a world class retail experience.

With an aggressive outlet expansion plan, enhancing order fulfilment capabilities and driving centralized warehouse efficiencies are key strategic priorities.There is a lack of digital processes that monitor warehouse employee productivity and recommends actionable insights based on the data obtained. As a result, this could lead to reduction of pick rates, increased pick errors, theft, health and safety hazards and overall increase in order lead times.

Pilot Requirements

We are looking for digital solutions that will:
1) Empower management to drive warehouse efficiencies
2) Track Employee movements and attendance
3) Generate Employee heat maps and warehouse headcounts
4) Detect and generate alerts on potential theft and hazardous events
5) Track and monitor movements of external staff and generate alerts on control breaches

Other details

The solutions should be able to track relevant KPI's and should be able to generate alerts on a real time basis. A pilot with access to the warehouse live environment will be provided to winning startups, with relevant access to internal systems and databases.

04.

Title
  • How might we re-imagine digital office experiences?
Problem Owner
  • John Keells Information Technology (JKIT)
Context / Background / Problem Statement
  • John Keells Information Technology (JKIT) has a vision of providing quality, world class end-to-end information and communications technology services.
  • With an aggressive outlet expansion plan, enhancing order fulfilment capabilities and driving centralized warehouse efficiencies are key strategic priorities.There is a lack of digital processes that monitor warehouse employee productivity and recommends actionable insights based on the data obtained. As a result, this could lead to reduction of pick rates, increased pick errors, theft, health and safety hazards and overall increase in order lead times.
Pilot Requirements
  • We are looking for partners to join us on this product journey to develop and demonstrate new product road map features that will add value and enhance the current "Smart Office" MVP developed by JKIT.
  • The already developed Smart Office MVP includes internal approval workflows, petty cash disbursements, Microsoft calendar integrations, notifications to improve employee productivity. It also focuses on providing a corporate application with integrations to SAP, SAP Success Factors and Microsoft Azure Active directory. Microsoft Power Automation is integrated for formulating workflows with minimum development effort and to provide more features to users.
  • We are looking for solutions that will focus on Employee collaboration, Employee Communications, Employee Leave Management, SharePoint Access, Online Time and Attendance, Car Pooling, Visitor Management, Employee Facility Management and External Integrations such as Help Desk, Smart Insurance and Medical Orders.
Other details
  • Power Automation will be considered for formulating workflows with minimum development effort and to provide more features to users.

04.

Title

How might we re-imagine digital office experiences?

Problem Owner

John Keells Information Technology (JKIT)

Context / Background / Problem Statement

John Keells Information Technology (JKIT) has a vision of providing quality, world class end-to-end information and communications technology services.

With an aggressive outlet expansion plan, enhancing order fulfilment capabilities and driving centralized warehouse efficiencies are key strategic priorities.There is a lack of digital processes that monitor warehouse employee productivity and recommends actionable insights based on the data obtained. As a result, this could lead to reduction of pick rates, increased pick errors, theft, health and safety hazards and overall increase in order lead times.

Pilot Requirements

We are looking for partners to join us on this product journey to develop and demonstrate new product road map features that will add value and enhance the current "Smart Office" MVP developed by JKIT.

The already developed Smart Office MVP includes internal approval workflows, petty cash disbursements, Microsoft calendar integrations, notifications to improve employee productivity. It also focuses on providing a corporate application with integrations to SAP, SAP Success Factors and Microsoft Azure Active directory. Microsoft Power Automation is integrated for formulating workflows with minimum development effort and to provide more features to users.

We are looking for solutions that will focus on Employee collaboration, Employee Communications, Employee Leave Management, SharePoint Access, Online Time and Attendance, Car Pooling, Visitor Management, Employee Facility Management and External Integrations such as Help Desk, Smart Insurance and Medical Orders.

Other details

Power Automation will be considered for formulating workflows with minimum development effort and to provide more features to users.

05.

Title
  • How might we use technology to drive efficiencies and monetize standard legal processes and documents?
Problem Owner
  • John Keells Holdings Group Legal Department
Context / Background / Problem Statement
  • The Group Legal Department manages all JKH Group company’s legal work. In doing so the Legal Department has developed many specimen contract drafts, legal procedures and manuals, educational material etc. Given the volume of work that is managed by the Legal Department it is seeking to establish a more standardised form for contract drafting and execution for standard form contracts without the many companies having to contact the Legal Department directly, thereby saving the lawyer’s and company’s time.
  • At present each and every company contacts the Legal Department for each and every agreement. The company’s can use the standard drafts developed, however even for the most minor amendments they contact the legal department. This results in the lawyers having to waste time on such trivial matters. Further, companies are unable to maintain a repository of all relevant agreements, requiring the legal department to always forward the standard drafts to the companies.
Pilot Requirements
  • We are looking for solutions that will enable us to:
    1. Have the standard format agreements accessible to the relevant companies and allow them to download and customise those forms in maybe schedules and complete the agreements. They need to come to the legal department only if there are major deviations to the standard draft.
    2. Maintain a repository of the draft documents and track the following:
      • Person downloading the agreement
      • Company details, time and date
      • A system generated fill in the blanks
      • Notification to the Legal Department if any major deviations are done to the standard draft
    3. Monetize the formats developed. Once the standard formats have been made accessible, we may look at a business model where these templates could be licensed to 3rd party users at a fee. The 3rd party users would be able to key in their need and a draft template that is most suitable for their purpose can be provided at a cost / monthly subscription fee.
Other details
  • Additional Features such a "Book a half hour online consultation with a Lawyer" on demand will be an advantage.

05.

Title

How might we use technology to drive efficiencies and monetize standard legal processes and documents?

Problem Owner

John Keells Holdings Group Legal Department

Context / Background / Problem Statement

The Group Legal Department manages all JKH Group company’s legal work. In doing so the Legal Department has developed many specimen contract drafts, legal procedures and manuals, educational material etc. Given the volume of work that is managed by the Legal Department it is seeking to establish a more standardised form for contract drafting and execution for standard form contracts without the many companies having to contact the Legal Department directly, thereby saving the lawyer’s and company’s time.

At present each and every company contacts the Legal Department for each and every agreement. The company’s can use the standard drafts developed, however even for the most minor amendments they contact the legal department. This results in the lawyers having to waste time on such trivial matters. Further, companies are unable to maintain a repository of all relevant agreements, requiring the legal department to always forward the standard drafts to the companies.

Pilot Requirements

We are looking for solutions that will enable us to:
1) Have the standard format agreements accessible to the relevant companies and allow them to download and customise those forms in maybe schedules and complete the agreements. They need to come to the legal department only if there are major deviations to the standard draft.

2) Maintain a repository of the draft documents and track the following:
- Person downloading the agreement
- Company details, time and date
- A system generated fill in the blanks
- Notification to the Legal Department if any major deviations are done to the standard draft

3) Monetize the formats developed. Once the standard formats have been made accessible, we may look at a business model where these templates could be licensed to 3rd party users at a fee. The 3rd party users would be able to key in their need and a draft template that is most suitable for their purpose can be provided at a cost / monthly subscription fee.

Other details

Additional Features such a "Book a half hour online consultation with a Lawyer" on demand will be an advantage.

06.

Title
  • How might we disseminate better, relevant data to our retail investors to enhance overall investor experience and enable better investment decisions?
Problem Owner
  • John Keells Stock Brokers (JKSB)
Context / Background / Problem Statement
  • John Keells Stock Brokers (JKSB) is a leading equity brokerage house in Sri Lanka and is a subsidiary of John Keells Holdings PLC (JKH). The company’s business activities span the areas of Equity Brokerage and Financial Advisory.
  • Even though the barriers to entry for stock trading have come down with online trading platforms, many retail investors are still not informed enough to make systematic decisions on their investments. Following market sentiment without doing diligence is very much akin to gambling, and some can be good at it — for a time.
  • We would like to expand our jksbonline.com platform to provide tailored dashboards and toolkits to help online investors model their portfolios and assess potential returns. The portal will provide information and infographics alongside a personalized portfolio analysis and stock recommendations based on investment preferences and advanced analytics. Portal will further integrate seamlessly with our trading platforms and disseminate right information at the right time via multiple channels which will assist us in differentiating our online trading product and onboard new customers.
Pilot Requirements
  • We are looking for solutions that will:
    1. Demonstrate methods for capturing company financial data, company analysis models, visual infographic depictions, stock screening with advanced search.
    2. Disseminate information via multiple channels SMS/Email/WhatsApp/push notification on our trading app , social media and jksbportal website/blog.
    3. Include in depth customer journey analytics to provide personalized service via advisors and onboarding new customers.
Other details
  • jksbonline.com developer APIs and sandbox available for selected startups.

06.

Title

How might we disseminate better, relevant data to our retail investors to enhance overall investor experience and enable better investment decisions?

Problem Owner

John Keells Stock Brokers (JKSB)

Context / Background / Problem Statement

John Keells Stock Brokers (JKSB) is a leading equity brokerage house in Sri Lanka and is a subsidiary of John Keells Holdings PLC (JKH). The company’s business activities span the areas of Equity Brokerage and Financial Advisory.

Even though the barriers to entry for stock trading have come down with online trading platforms, many retail investors are still not informed enough to make systematic decisions on their investments. Following market sentiment without doing diligence is very much akin to gambling, and some can be good at it — for a time.

We would like to expand our jksbonline.com platform to provide tailored dashboards and toolkits to help online investors model their portfolios and assess potential returns. The portal will provide information and infographics alongside a personalized portfolio analysis and stock recommendations based on investment preferences and advanced analytics. Portal will further integrate seamlessly with our trading platforms and disseminate right information at the right time via multiple channels which will assist us in differentiating our online trading product and onboard new customers.

Pilot Requirements

We are looking for solutions that will:
1) Demonstrate methods for capturing company financial data, company analysis models, visual infographic depictions, stock screening with advanced search.

2) Disseminate information via multiple channels SMS/Email/WhatsApp/push notification on our trading app , social media and jksbportal website/blog.

3) Include in depth customer journey analytics to provide personalized service via advisors and onboarding new customers.

Other details

jksbonline.com developer APIs and sandbox available for selected startups.

How It Works
01

Apply

Applications Open - 19th January 2022
Applications Close - 15th February 2022
02

Industry Open Sessions

Industry Open Day: 2nd Feb 2022
 
Register for our INDUSTRY OPEN DAY where we will introduce you to our business unit heads along with outlining the structure of the program. You will also get an update on the Industry Problem Statements that need to be solved. The link to registrations will be posted soon so stay tuned!
 
Get more insight on the challenges from the challenge owners and industry experts.
03

Initial Shortlisting

3 teams will be selected per Challenge
04

Deepening Phase

Participate in weekly design sprints, get feedback.
Get down with the Build - Measure - Learn cycle!
Get access to challenge owners, mentors, data, API's and/or sandbox environment where relevant.
05

Final Pitch

The teams will pitch to an industry panel of judges to be selected for a POC.
06

Deploy POC

Deploy POC and get constant feedback. Depending on the success of the POC and feedback from challenge owners, get the chance to win a further paid pilot opportunity, funding or long term commercial agreement.
About

WHAT IS JKX INNOVATE?

JKX Innovate is an open innovation platform which directly bridges the demand and supply components of the innovation eco-system. You will find a list of challenges put forward by companies in our networks inviting solutions from other companies or teams.

This approach of co-creation allows each partner to leverage the strenghts of the other and together build better solutions and achieve better outcomes, eliminating a lot of waste in the creative and design process.

What is in it for solvers?

  • Get support and funding to develop your product.
  • Leverage the domain, knowledge and expertise of problem owners when developing your solutions or building your companies.
  • Get access to a test bed environment with access to sandbox environments and or/API’s to hack solutions with the problem owner.
  • Widen the commercial application of your solutions.
  • Build credibility and capability as innovators.

What is in it for solvers?

  • Get support and funding to develop your product.
    Leverage the domain
  • knowledge and expertise of problem owners when developing your solutions or building your companies.
  • Get access to a test bed environment with access to sandbox enviroments and or/API’s to hack solutions with the problem owner.
  • Widen the commercial application of your solutions.
  • Build credibility and capability as innovators.

Who can apply as solvers?

Startups and Scale-ups (or even an established enterprise with interest in the relevant domain)

5Challenge Owners
6Challenge Statements

WHAT IS JKX INNOVATE??

JKX Innovate is an open innovation platform which directly bridges the demand and supply components of the innovation eco-system. You will find a list of challenges put forward by companies in our networks inviting solutions from other companies or teams.

This approach of co-creation allows each partner to leverage the strenghts of the other and together build better solutions and achieve better outcomes, eliminating a lot of waste in the creative and design process.

What is in it for solvers?

  • Get support and funding to develop your product.
    Leverage the domain
  • knowledge and expertise of problem owners when developing your solutions or building your companies.
  • Get access to a test bed environment with access to sandbox enviroments and or/API’s to hack solutions with the problem owner.
  • Widen the commercial application of your solutions.
  • Build credibility and capability as innovators.

Who can apply as solvers?

Startups and Scale-ups (or even an established enterprise with interest in the relevant domain)

5Challenge Owners
6Challenge Statements

WHYJKX INNOVATE?

What is JKX Innovate?

JKX Innovate is an open innovation platform which directly bridges the demand and supply components of the innovation eco-system. You will find a list of challenges put forward by companies in our networks inviting solutions from other companies or teams.

This approach of co-creation allows each partner to leverage the strenghts of the other and together build better solutions and achieve better outcomes, eliminating a lot of waste in the creative and design process.

What is in it for solvers?

Get support and funding to develop your product.

Leverage the domain knowledge and expertise of problem owners when developing your solutions or building your companies.

Get access to a test bed environment with access to sandbox enviroments and or/API’s to hack solutions with the problem owner.

Widen the commercial application of your solutions.

Build credibility and capability as innovators.

Who can apply as solvers?

Startups and Scale-ups (or even an established enterprise with interest in the relavant domain)
01

Apply

Applications open

If you plan on applying or have already applied for the JKX accelerator you do not need to apply here again. Simply state your interest to participate in these challenges in the relevant section of the application.


Applications for JKX Innovate close on January 16th 2022.

02

Industry Open Sessions

Get more insight on the challenges from the challenge owners and industry experts.

03

Initial Shortlisting

3 teams will be selected per Challenge
04

Deepening Phase

Participate in weekly design sprints, get feedback.
Get down with the Build - Measure - Learn cycle!
Get access to challenge owners, mentors, data, API's and/or sandbox environment where relevant.
05

Final Pitch

The teams will pitch to an industry panel of judges to be selected for a POC.
06

Deploy POC

Deploy POC and get constant feedback. Depending on the success of the POC and feedback from challenge owners, get the chance to win a further paid pilot opportunity, funding or long term commercial agreement.

Challenges will be launched soon.

Customers and partners

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