Objective
Today the Investment Fund Industry uses paper based agreements which leads to inefficiencies, errors, increased risk and inability to open new markets for selling funds globally. Asset Managers by using spreadsheets and document assembly tools (e.g. HotDocs, Exari) made poor attempts to transform paper based chaos into even bigger electronic chaos and without meaningful disruption of current Contract Lifecycle Process. Requirements under the recent regulatory agenda (MiFID II in EU, RDR in UK, Dodd-Frank Act in USA) reinforce the need of disruptive and digital technologies to stay competitive in the new investorship environment.
Metrosoft aims for revolutionizing the way the agreements are made and managed by delivering software solution to create data driven legal agreements. Fundsphere Terms is a unique platform that is used to create, manage and exchange legal agreements covering terms of doing business between Sell Side and Buy Side at any point of sales channel in the Investment Fund Industry; in a structured database instead of in document creation and management solution.
We want to bring it directly to the global markets with its financial centres, as industry players operate indeed globally. The need for Fundsphere Terms was confirmed by key finance firms (including Schroders that participates in validation trails) during 2 biggest sectorial conferences in Luxembourg and Hong Kong (ALFI, ITAS) and Key Opinion Leaders who are strong supporters of industry dematerialisation.
To fully exploit this EU-based technology, we will drive growth through B2B model and market the top 400 Assets Managers that are decision makers and influencers in the industry. Later growth will be the “snow ball” effect (counterparties of Assets Managers). By bringing Fundsphere Terms into the rapidly growing market we estimate to attract min. ≥ 25% of the global Asset Managers, which means volume of approx. +/-20 customers annually, with an estimated revenue €17.4mln after 5 years.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- natural sciences computer and information sciences software
- natural sciences computer and information sciences databases
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.2.1.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)
MAIN PROGRAMME
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H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
SME-1 - SME instrument phase 1
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-SMEInst-2014-2015
See all projects funded under this callCoordinator
Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
31-101 Kraków
Poland
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.