Nuuvox solves complex digital challenges resulting in unmet industry needs using a managed innovation approach.
our solutions
Managed Innovation
Nuuvox solutions address systemic challenges facing the BFSI industry and span multiple industry sub-sectors from core banking to securities trading to compliance. We utilize rapid innovation strategies combined with iterative market feedback to ensure the most efficient, sustainable and cost effective implementation.
To control risk, we follow a managed innovation approach. At each stage, work is evaluated against a set of viability criteria to inform a fund-or-fail decision by a joint, cross-functional oversight board before proceeding. A fully executed innovation cycle ends with a minimum viable product (MVP) that can be deployed or commercially marketed.
Innovation is funded by individual clients, industry consortia with similar needs, or third parties interested in advancing industry capabilities. Preferred licensing and/or royalty agreements are offered to solution funding providers.